18.94Up+0.04+0.21%Today's Close  |  18.94 unch unch After hours
DETAILS
Symbol Value ($)
Previous Close 18.90
Open 18.90
Day's High 18.94
Day's Low 18.87
Volume 12,671
Bid 17.45
Bid Size 300
Ask 19.79
Ask Size 300
52-Wk High 21.22
52-Wk Low 17.00
Beta 1.30
YTD NAV Return +6.38
YTD Market Return +7.02
Inception Date 2/11/2013
Shares Outstanding 3.06 Mil
  • Last trade 4/17/2014 3:59 PM ET
INVESTMENT OBJECTIVE
NA
The investment seeks total return and to provide current income. Under normal market conditions, the fund invests at least 80% of its net assets (including investment borrowings) in preferred securities ("Preferred Securities") and income-producing debt securities ("Income Securities"). The fund invests in securities that are traded over-the-counter or listed on an exchange. The anticipated average duration of the securities held by the fund is three to 12 years. The fund is non-diversified.
PERFORMANCE
Symbol Value ($)
1 Month 1.36%
3 Months 4.22%
1 Year -2.50%
3 Years* NA
5 Years* NA
  • * Annualized returns
  • Data through 4/17/2014 12:00 AM ET
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INTRADAY CHART Full-page chart
Morningstar Ratings
Symbol Value ($)
Category Preferred Stock
Morningstar Risk NA
Morningstar Rating NA
Morningstar Return NA
HOLDINGS
Symbol Value ($)
Stocks 58.66%
Cash 1.30%
Fixed Income 38.88%
Other 1.16%
TOP 10 HOLDINGS
NAME % NET ASSETS
Cloverie 8.25% 3.05%
Genworth Finl FRN 2.47%
Lloyds Tsb Bk 12% 2.45%
Chs Pfd 2.37%
Santander Fin Pfd Pfd 2.23%
Aspen Ins Hldgs Pfd 2.18%
Aviva Pfd 2.11%
Us Bancorp Del Pfd 2.11%
Natixis 10% 2.10%
Mitsui Sumitomo Ins 144A FRN 2.07%
DATA PROVIDERS

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Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

Financial data in US dollars | Page generated 4:59 PM ET
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