IPPP

Fund Description
The Fund's primary investment objective is to seek current income. The Fund invests in preferred equities and an S&P 500 index-based option overlay for additional income.
Fund Profile
Fund Name IPPP Preferred-Plus ETF
Fund Exchange Ticker IPPP
Fund Sponsor Innovative Portfolios
Fund ISIN US53656F2193
Net Expense Ratio 0.85 %
Fund Inception Date 7 March 2022
Fund Legal Structure ETF (Open end fund)
Exchange BATS
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Other Asset Types
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 8 December 2022
Asset Under Management 12.25 Million (USD)
1 Month Total Return 7.46 %
Year To Date Return -12.77 %
1 Year Total Return
3 Year Annualized Total Return
NAV 9.4457
Share Outstanding 1,297,110
Top 10 Holdings (8 December 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
Cash & Other CASH 0.0330000000
CITIGROUP INC C V6.875 PERP K PREF 0.0226000000
ATHENE HOLDING LTD PREF 0.0209000000
SYNOVUS FINANCIAL CORP SNV V5.875 PERP E PREF 0.0207000000
JPMORGAN CHASE & CO JPM 5.75 PERP DD PREF 0.0201000000
WESCO INTERNATIONAL INC WCC V10.625 PERP A PREF 0.0169000000
BRIGHTHOUSE FINANCIAL IN BHF 6.75 PERP B PREF 0.0157000000
AMERICAN EQTY INVT LIFE HLD CO 6.625 DEP PFD B PREF 0.0157000000
AMERICAN EQTY INVT LIFE HLD CO 5.95 DP RP PFD A PREF 0.0153000000
MORGAN STANLEY MS V5.85 PERP K PREF 0.0151000000