Industry description
The investment seeks to provide income.
The fund invests at least 80% of its net assets (plus any borrowings made for investment purposes) in a portfolio of preferred securities issued by U.S. and non-U.S. companies. It may invest in preferred securities of all issuer capitalizations. The fund may also invest in publicly-traded partnerships (“PTPs”). The Advisor intends to maintain approximately 10% asset exposure to a credit spread options strategy, although market conditions may dictate additional exposure.
Market Cap
The average market capitalization across the Preferred-Plus ETF ETF is 218.88K. The market cap for tickers in the group ranges from 218.88K to 218.88K. ESGRP holds the highest valuation in this group at 218.88K. The lowest valued company is ESGRP at 218.88K.
High and low price notable news
The average weekly price growth across all stocks in the Preferred-Plus ETF ETF was 1%. For the same ETF, the average monthly price growth was 2%, and the average quarterly price growth was 9%. MSBIP experienced the highest price growth at 1%, while BHFAO experienced the biggest fall at -5%.
Volume
The average weekly volume growth across all stocks in the Preferred-Plus ETF ETF was 4%. For the same stocks of the ETF, the average monthly volume growth was 20% and the average quarterly volume growth was 17%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 4
P/E Growth Rating: 100
Price Growth Rating: 56
SMR Rating: 93
Profit Risk Rating: 81
Seasonality Score: 30 (-100 ... +100)