FPEI ETF largest holding is BAC V6.625 PERP at 2.95% as of Jun 30, 2026

$19.10

AUM$1.9B

TER0.85%

Holdings176

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FPEI ETF largest holding is BAC V6.625 PERP at 2.95% as of Jun 30, 2026

$19.10

First Trust Institutional Preferred Securities and Income ETF

AUM$1.9B

TER0.85%

Holdings176

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Overview Performance Chart Dividends Top Holdings All Holdings Sectors Geography Similar Compare Overlap

BAC V6.625 PERP is FPEI's largest holding at 2.95% of the fund as of Jun 30, 2026. FPEI is First Trust Institutional Preferred Securities and Income ETF.

Showing top 50 of 176 holdings · as of Jun 30, 2026

FPEI holdings, by weight
#	Ticker	Name	Weight	Cumulative	Shares	Mkt value	Sector	Industry
1	Debt	Bank Of America Corp. 5Y Us Ti +Financials · Banks	2.95%	3.0%	54,821,000	$56.20M	Financials	Banks
2	—	Credit Agricole Sa 7.13% Sep 23/35	2.06%	5.0%	38,354,000	$39.26M	-	-
Sector and industry · Pro
3	—	Ing Groep Nv 7.000% Flt Perp Sr:.	1.76%	6.8%	32,775,000	$33.54M
4	Debt	Banco Bilbao Vizcaya Argentaria Sa	1.67%	8.4%	30,200,000	$31.70M
5	—	Citigroup Inc 05/15/2174	1.66%	10.1%	31,236,000	$31.56M
6	TD	Toronto-Dominion Bank Variable Rate, Due 10/31/2082	1.64%	11.7%	30,180,000	$31.16M
7	Debt	Enbridge Inc	1.55%	13.3%	25,881,000	$29.51M
8	—	Banco Santander, S.A. 9.625 02-21-2172	1.49%	14.8%	24,200,000	$28.33M
9	—	Charles Schwab Corp Jr Subordina 12/99 Var 5	1.48%	16.3%	30,150,000	$28.08M
10	—	Bank Of Montreal (Callable) 7.70% May 26, 2084	1.42%	17.7%	25,956,000	$27.05M
11	—	Bnp Paribas Sa 8.5 2028/08/14	1.30%	19.0%	23,450,000	$24.66M
12	—	Commerzbank Ag 7.5%	1.28%	20.3%	23,400,000	$24.36M
13	—	Bnp Paribas 7.200% Flt Perp Sr:144A 7.2	1.26%	21.5%	24,000,000	$23.92M
14	—	Hsbc Holdings Plc 5Y Us Ti + 3.191	1.25%	22.8%	23,150,000	$23.85M
15	—	Canadian Imperial Bank 7.000% Flt 10/28/85	1.24%	24.0%	23,300,000	$23.68M
16	—	Wells Fargo + Company Jr Subordina 12/99 Var	1.23%	25.2%	22,645,000	$23.48M
17	—	JPMorgan Chase + Co Jr Subordina 12/99 Var12/31/2099	1.21%	26.5%	22,200,000	$23.07M
18	HIG	Hartford Financial Services Group Inc/The 7.70899 2067-02-12	1.20%	27.7%	23,021,000	$22.82M
19	Debt	Bell Telephone Company (Nc10.5)	1.14%	28.8%	21,286,000	$21.78M
20	—	Natwest Group Plcperpetual Bonds	1.11%	29.9%	19,200,000	$21.04M
21	—	Barclays Plc 8 12/71	1.10%	31.0%	20,050,000	$20.91M
22	—	Wells Fargo & Co., Class A, Series L, Conv. Pfd.	1.09%	32.1%	17,492	$20.67M
23	—	Eushi Finance Inc Company Guar 04/56 Var	1.06%	33.2%	20,245,000	$20.10M
24	—	Lloyds Banking Group Plc 8.0000% Mat 06/27/2172	1.05%	34.2%	18,780,000	$19.93M
25	—	American Electric Power Co Inc 0.0605 03/f15/2056	1.05%	35.3%	20,272,000	$20.01M
26	—	Aes Corp/The 0.0695 07/F15/2055	1.01%	36.3%	19,491,000	$19.24M
27	—	Wells Fargo Co 6.125 6/74	1.01%	37.3%	19,200,000	$19.30M
28	—	Athene Holding Lt V/R 06/28/55	1.00%	38.3%	19,794,000	$18.94M
29	—	Sempra Variable Rate, Due 10/01/2054	0.96%	39.2%	18,364,000	$18.35M
30	HBAN	Huntington Bancshares Inc/OH 0.0625 12/f31/2099	0.95%	40.2%	17,998,000	$18.05M
31	—	Amer Agcredit Aca Jr Subordina 144A Var 5.25% 2099-12-31	0.95%	41.1%	18,000,000	$17.98M
32	—	American Electric V/R 12/15/54	0.95%	42.1%	17,060,000	$18.16M
33	—	Societe Generale Regd V/R /Perp/ 144A P/P 10.00000000	0.94%	43.0%	17,200,000	$17.85M
34	—	Royal Bank of Canada Jr Subordina 08/85 Var	0.94%	44.0%	17,550,000	$17.83M
35	—	Societe Generale Sa	0.94%	44.9%	17,200,000	$17.85M
36	—	Eversource Energy 6.35% Aug 15, 2056 6.35 2056-08-15	0.93%	45.8%	17,610,000	$17.67M
37	—	Goldman Sachs Group Inc (The) 7.5%/Var Perp	0.93%	46.8%	16,890,000	$17.66M
38	—	Banco Santander Sa 0.08% Dec 31/99	0.91%	47.7%	16,200,000	$17.36M
39	Debt	Pimco Preferred and Capital Securities Active Exchange-Traded Fund Usetf	0.89%	48.6%	16,996,000	$16.94M
40	Debt	Dominion Energy Inc	0.88%	49.4%	15,859,000	$16.70M
41	—	Bank Of Nova Scotia/The 8 01-27-2084	0.81%	50.3%	14,600,000	$15.33M
42	—	Barclays Plc 7.625% Flt Perp	0.80%	51.0%	14,600,000	$15.15M
43	—	Banco Bilbao Vizcaya Argentaria Sa 9.375	0.79%	51.8%	13,800,000	$14.98M
44	—	Bank Of Nova Scotia Jr Subordina 10/82 Var	0.79%	52.6%	14,400,000	$14.96M
45	—	Global Atlantic Fin Co Company Guar 144A 03/56 Var	0.79%	53.4%	15,450,000	$15.02M
46	—	Nordea Ba Vrn 12/31/2199	0.79%	54.2%	14,980,000	$15.01M
47	—	Bank Nova Scoti 7.35 4/85	0.77%	55.0%	14,130,000	$14.57M
48	CNP	Centerpoint Energy Inc Jr Subordina 02/55 Var %	0.75%	55.7%	13,575,000	$14.29M
49	—	Global Atlantic (Fin) Company 7.95% Oct 15/54	0.73%	56.5%	13,758,000	$13.85M
50	—	Deutsche Bank Ag Variable Rate	0.72%	57.2%	13,000,000	$13.74M
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Not reported for this fund: share changes.

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FPEI ETF All Holdings

FPEI holdings total 176 positions. The top 10 holdings account for 17.7% of the fund, led by Bank Of America Corp. 5Y Us Ti + 2.684 12/31/9999 at 3.0%, Credit Agricole Sa 7.13% Sep 23/35 at 2.1%, Ing Groep Nv 7.000% Flt Perp Sr:. at 1.8%.

FPEI portfolio concentration is well-diversified, with the top 10 representing 17.7% of total assets. The largest sector exposure is Financials at 54.3%.

FPEI sectors provide a detailed breakdown. FPEI overlap shows how holdings compare to other funds in your portfolio.

Compare FPEI

FPEI vs SPY FPEI vs QQQ FPEI vs VOO FPEI vs VTI FPEI vs IVV FPEI vs SCHD FPEI vs VYM FPEI vs VXUS

FPEI ETF Holdings

176 of 176 holdings

Sector

Industry

Sort By

1
Bank Of America Corp. 5Y Us Ti + 2.684 12/31/9999
BAC V6.625 PERPFinancials
2.95%
2
Credit Agricole Sa 7.13% Sep 23/35
Other
2.06%
3
Ing Groep Nv 7.000% Flt Perp Sr:.
Other
1.76%
4
Banco Bilbao Vizcaya Argentaria Sa 7.75 12/31/2079
BBVAP2:MAFinancials
1.67%
5
Citigroup Inc 05/15/2174
Other
1.66%
6
Toronto-Dominion Bank Variable Rate, Due 10/31/2082
TD V8.125 10/31/82Financials
1.64%
7
Enbridge Inc 8.5% 01/15/2084
ENBCN V8.5 01/15/84Energy
1.55%
8
Banco Santander, S.A. 9.625 02-21-2172
SANTAN V9.625 PERP _Financials
1.49%
9
Charles Schwab Corp Jr Subordina 12/99 Var 5
SCHW V4 PERP HFinancials
1.48%
10
Bank Of Montreal (Callable) 7.70% May 26, 2084
BMO V7.7 05/26/84Financials
1.42%
11
Bnp Paribas Sa 8.5 2028/08/14
BNP V8.5 PERP 144AFinancials
1.30%
12
Commerzbank Ag 7.5%
Other
1.28%
13
Bnp Paribas 7.200% Flt Perp Sr:144A 7.2
Other
1.26%
14
Hsbc Holdings Plc 5Y Us Ti + 3.191
HSBC V6.95 PERPFinancials
1.25%
15
Canadian Imperial Bank 7.000% Flt 10/28/85
CM V7 10/28/85Financials
1.24%
16
Wells Fargo + Company Jr Subordina 12/99 Var
WFC V6.85 PERPFinancials
1.23%
17
Jpmorgan Chase + Co Jr Subordina 12/99 Var12/31/2099
JPM V6.875 PERP NNFinancials
1.21%
18
Hartford Financial Services Group Inc/The 7.70899 2067-02-12
HIG F 02/12/47 ICONFinancials
1.20%
19
Bell Telephone Company (Nc10.5) 7 09/15/2055
BCECN V7 09/15/55Communication Services
1.14%
20
Natwest Group Plcperpetual Bonds
NWG V8.125 PERPFinancials
1.11%
21
Barclays Plc 8 12/71
A3K745Financials
1.10%
22
Wells Fargo & Co., Class A, Series L, Conv. Pfd.
WFC.PRLFinancials
1.09%
23
Eushi Finance Inc Company Guar 04/56 Var
Other
1.06%
24
Lloyds Banking Group Plc 8.0000% Mat 06/27/2172
LLOYDS V8 PERPFinancials
1.05%
25
American Electric Power Co Inc 0.0605 03/f15/2056
Other
1.05%
26
Aes Corp/The 0.0695 07/F15/2055
AES V6.95 07/15/55Utilities
1.01%
27
Wells Fargo Co 6.125 6/74
Other
1.01%
28
Athene Holding Lt V/R 06/28/55
ATH V6.875 06/28/55Financials
1.00%
29
Sempra Variable Rate, Due 10/01/2054
SRE V6.4 10/01/54Utilities
0.96%
30
Huntington Bancshares Inc/OH 0.0625 12/f31/2099
Other
0.95%
31
Amer Agcredit Aca Jr Subordina 144A Var 5.25% 2099-12-31
AAGACA V5.25 PERP QIFinancials
0.95%
32
American Electric V/R 12/15/54
AEP V6.95 12/15/54Utilities
0.95%
33
Societe Generale Regd V/R /Perp/ 144A P/P 10.00000000
SOCGENFinancials
0.94%
34
ROYAL BANK OF CANADA JR SUBORDINA 08/85 VAR
RY V6.75 08/24/85Financials
0.94%
35
Societe Generale Sa
SOCGENFinancials
0.94%
36
Eversource Energy 6.35% Aug 15, 2056 6.35 2056-08-15
Other
0.93%
37
Goldman Sachs Group Inc (The) 7.5%/Var Perp
GS V7.5 PERP XFinancials
0.93%
38
Banco Santander Sa 0.08% Dec 31/99
SANTAN V8 PERPFinancials
0.91%
39
Pimco Preferred And Capital Securities Active Exchange-Traded Fund Usetf 6.7% 01/00/1900
ACAFP V6.7 PERP 144AFinancials
0.89%
40
Dominion Energy Inc 7 06/01/2054
D V7 06/01/54 BUtilities
0.88%
41
Bank Of Nova Scotia/The 8 01-27-2084
BNS V8 01/27/84Financials
0.81%
42
Barclays Plc 7.625% Flt Perp
BACR V7.625 PERPFinancials
0.80%
43
Banco Bilbao Vizcaya Argentaria Sa 9.375
BBVASMFinancials
0.79%
44
Bank Of Nova Scotia Jr Subordina 10/82 Var
BNS V8.625 10/27/82Financials
0.79%
45
Global Atlantic Fin Co Company Guar 144A 03/56 Var
Other
0.79%
46
Nordea Ba Vrn 12/31/2199
Other
0.79%
47
Bank Nova Scoti 7.35 4/85
BNS V7.35 04/27/85Financials
0.77%
48
Centerpoint Energy Inc Jr Subordina 02/55 Var %
CNP V6.85 02/15/55 BUtilities
0.75%
49
Global Atlantic (Fin) Company 7.95% Oct 15/54
GBLATL V7.95 10/15/5Financials
0.73%
50
Deutsche Bank Ag Variable Rate
Other
0.72%
51
Telus Corp V/R 06/09/56 2056-06-09
Other
0.69%
52
Enbridge Inc 7.63 01/15/2083
ENBCN V7.625 01/15/8Energy
0.68%
53
State Street Corp Jr Subordina 12/99 Var
STT V6.7 PERP JFinancials
0.68%
54
Bank Of Montreal Jr Subordina 11/84 Var %
BMO V7.3 11/26/84Financials
0.68%
55
Bnp Paribas 8.000000% Maturity: Perpetual 8 2172-08-22
BNP V8 PERP 144AFinancials
0.67%
56
Toronto-D Vrn 10/31/85
Other
0.67%
57
Corebridge Financial Inc Variable Rate, Due 09/15/2054
CRBG V6.375 09/15/54Financials
0.65%
58
Hsbc Holdings Plc Jr Subordina 12/99 Var 7.25 12/31/2099
HSBC V7.05 PERPFinancials
0.65%
59
Telus Corp V/R 10/15/55
TCN V7 10/15/55Communication Services
0.65%
60
Cnp Assurances V/R /Perp/ 4.875 12/31/2500
Other
0.65%
61
Spire Inc. 0% 05/31/2056
Other
0.64%
62
Wells Fargo + Company Jr Subordina 12/99 Var
WFC V7.625 PERPFinancials
0.64%
63
Hsbc Holdings Plc 8 Perp
HSBC V8 PERPFinancials
0.63%
64
Dominion Energy, Inc. 6.625 05/14/2055
D V6.625 05/15/55Utilities
0.62%
65
Bbvasm V8.45 06/29/38 144A
BBVASM V8.45 06/29/3Financials
0.61%
66
Duke Energy Corp Jr Subordina 09/54 Var
DUK V6.45 09/01/54Utilities
0.59%
67
Nextera Energy Ca V/R 06/15/54
NEE V6.75 06/15/54Utilities
0.59%
68
Dominion Energy, Inc. 6.2 02/14/2056
D V6.2 02/15/56Utilities
0.58%
69
Mitsubishi Ufj Fin Grp Variable Rate
Other
0.58%
70
The Pnc Financial Services Group, Inc. 6.00% Dec 31/99 6% 12/31/2099
PNC V6 PERP UFinancials
0.58%
71
Rogers Communications In Regd V/R 7.12500000 7.125 04/15/2055
RCICN V7.125 04/15/5Communication Services
0.56%
72
Entergy Corp 7.13% 01Dec2054
ETR V7.125 12/01/54Utilities
0.55%
73
Land O' Lakes Inc 144a 7.250000% Maturity: Perpetual
LLAKES 7.25 PERP 144Consumer Staples
0.54%
74
State Street Corp Jr Subordina 12/99 Var 6.7
STT V6.7 PERP IFinancials
0.54%
75
Dte Energy Co 6.2% 07/01/2058
Other
0.53%
76
Meiji Yasuda Life Insura 6.100% Flt 06/11/55 Sr:144A
MYLIFE V6.1 06/11/55Financials
0.53%
77
Royal Bank Of Canada 6.500% Flt 11/24/85
Other
0.53%
78
Air Lease Vrn 12/31/99
AL V6 PERP DIndustrials
0.53%
79
Bnp Paribas Sa
BNP V7.75 PERP 144AFinancials
0.53%
80
Banco Mercantil Del Norte, S.a.
BANORT V7.5 PERP 144Financials
0.53%
81
Nextera Energy Capital 30Nc10 6.2 10/01/2056
Other
0.52%
82
US Dollar
Other
0.51%
83
American National Group 7.000% Flt 12/01/55
ANGINC V7 12/01/55Financials
0.51%
84
Ing Groep Nv Variable Rate
Other
0.49%
85
Land O'Lakes Inc 8% /perp
LLAKES 8 PERP 144AConsumer Staples
0.48%
86
Citigroup Inc 6.875 11/73 6.88 2173-11-15
CFinancials
0.46%
87
Southern Co 6.38 2055-03-15
SO V6.375 03/15/55 2Utilities
0.46%
88
Banco Mercantil De Norte Jr Subordina 144A Var 12/99 8.37
BANORT:KYFinancials
0.46%
89
Ares Fice Co. Iii Llc 4.125% 6/30/2051
ARES V4.125 06/30/51Financials
0.45%
90
Land O' Lakes Inc
LLAKES 7 PERP 144AConsumer Staples
0.45%
91
Nomura Holdings Inc 7 Dec 31, 2079
NOMURA V7 PERPFinancials
0.45%
92
Pnc Financial Services Group, Inc. 6.2506/15/2023
PNC V6.25 PERP WFinancials
0.45%
93
Eushi Finance Inc Company Guar 12/54 Var
EMACN V7.625 12/15/5Financials
0.43%
94
Nisource Inc Variable Rate, Due 03/31/2055
NI V6.375 03/31/55Utilities
0.43%
95
Swedbank Ab Variable Rate
Other
0.43%
96
Goldman Sachs Group Inc Jr Subordina 12/99 Var
GS V6.125 PERP YFinancials
0.42%
97
Compeer Financial Aca Compeer Financial Aca 0 1900-01-00
Other
0.40%
98
Banco Santander Sa
SANP3Financials
0.40%
99
Barclays Plc 9.625%
BACR V9.625 PERPFinancials
0.39%
100
Charles Schwab Corp. 5Y Us Ti + 2.25 12/31/9999 2.25 9999-12-31
Other
0.39%
101
Metlife Capital Trust Iv
MET 7.875 12/15/37Financials
0.38%
102
Natwest Group Plc 5.125 05/12/2027
Other
0.38%
103
Entergy Corp Variable Rate, Due 06/15/2056
Other
0.37%
104
First Citizens Bancshares 8.27142 03/15/2174 8.27142 2174-03-15
Other
0.37%
105
Liberty Mutual Gr V/R 12/15/51
LIBMUT V4.125 12/15/Financials
0.37%
106
Transcanada Pipelines 30.5Nc10.25 6.38% Oct 17, 2056 6.38 2056-10-17
Other
0.37%
107
Emera Us Finance V/R 10/01/56
Other
0.36%
108
Allianz Se 6.550% Flt Perp Sr:144A
Other
0.36%
109
Citigroup Inc 6.95%
C V6.95 PERP FFFinancials
0.36%
110
Lancashire Holdings Limited 2041-09-18
Other
0.35%
111
Credit Suisse Group Ag 9,75%
CS 9.75 PERP 144AFinancials
0.34%
112
Jpmorgan Vrn 12/31/99 2099-12-31
Other
0.34%
113
Verizon Communications Jr Subordina 05/56 Var 6.2% 05/14/2056
Other
0.34%
114
Verizon Communications Jr Sub Rvc 6.05 14/05/2058
Other
0.34%
115
Sumitomo Mitsui Finl Grp Regd V/R /Perp/ 6.60000000
SUMIBK V6.6 PERPFinancials
0.33%
116
Goldman Sachs Group Inc 6.5 Perpetl 2/10/2175
Other
0.32%
117
Altagas Ltd V/R 10/15/54
ALACN V7.2 10/15/54 Utilities
0.32%
118
Bank Of N Vrn 10/27/85
Other
0.32%
119
Canadian Imperial Bank Jr Subordina 01/85 Var
CM V6.95 01/28/85Financials
0.30%
120
Intned V7.25 Perp 7.25% 12-31-2099
Other
0.30%
121
Corebridge Financial, Inc. 6.88% Dec 01/30
Other
0.29%
122
Banco Santander Sa Jr Subordina 12/99 Var
Other
0.29%
123
Bank Of America Corporation 6.13% Dec 31/99 6.125% 12/31/2099
BAC V6.125 PERP TTFinancials
0.29%
124
Emera Us Finance Llc 6.65 10/01/2056
Other
0.28%
125
Citigroup Inc. 7%
C V7 PERP DDFinancials
0.27%
126
Hsbc Holdings Plc 7.000% Flt Perp Sr:.
Other
0.25%
127
Hsbc Holdings Plc 6.750% Flt Perp
Other
0.24%
128
Banco Bilbao Vizcaya Arg Jr Subordina 12/99 Var
Other
0.24%
129
Banco Mercantil Del Norte Sa (Nc10 144A 8.45 12/31/2079
Other
0.24%
130
Assurant Inc 7% 03/27/2048
AIZ V7 03/27/48Financials
0.23%
131
Banort 8 3/4 Perp 11/20/2174
BANORT V8.75 PERP 14Financials
0.23%
132
Nextera Energy Capital 6.500% Flt 08/15/55 Sr:.
NEE V6.5 08/15/55 .Utilities
0.23%
133
Nippon Life Insurance 6.500% Flt 04/30/55 Sr:144A
NIPLIF V6.5 04/30/55Financials
0.23%
134
Goldman Sachs Group, Inc. (The), Series W
GS V7.5 PERP WFinancials
0.22%
135
Goldman Sachs Group Inc/The 6.85% Dec 31, 2079
GS V6.85 PERPFinancials
0.22%
136
Liberty Mutual Group Inc. 4.30 02/01/2061
LIBMUT 4.3 02/01/61 Financials
0.22%
137
Prudential Financial Inc 6% 01Sep2052
PRU V6 09/01/52Financials
0.22%
138
Capital Farm Credit Aca Regd V/R /Perp/ 144A P/P Ser 1 5.00000000
CFCFCS V5 PERP 1Financials
0.22%
139
Citigroup Inc 7.2 2072-08-15
C V7.2 PERP BBFinancials
0.22%
140
Lincoln National, 9.25% perp., USD
LNC V9.25 PERP CFinancials
0.20%
141
Cobank Acb Variable Rate
Other
0.19%
142
Sempra 6.88% Oct 01, 2054
SRE V6.875 10/01/54Utilities
0.19%
143
Banco Mercantil Del Norte Variable Rate
BANORTFinancials
0.19%
144
Bbva Mexico Sa Institucion De Banc 7.625 02/11/2035
BBVASM V7.625 02/11/Financials
0.18%
145
Metlife Inc Jr Subordina 144a 04/38 9.25
MET 9.25 04/08/38Financials
0.18%
146
Metlife, Inc. 6.35 03/14/2055
MET V6.35 03/15/55 GFinancials
0.17%
147
Reinsurance Group Of America Inc 6.38% Sep 15, 2056 6.38 2056-09-15
Other
0.17%
148
Banco De Credito E Inversiones 8.75%/Var 12/31/2199 144A
BCICI V8.75 PERP 144Financials
0.17%
149
Bank Of Montreal Jr Subordina 11/85 Var
BMO V6.875 11/26/85 Financials
0.16%
150
Cobank Acb Regd V/R /Perp/ 7.25000000 07/01/2172
CKNQPFinancials
0.16%
151
Credit Suisse Group Ag 6.375 08/21/2026
CS 6.375 PERP 144AFinancials
0.15%
152
Eversource Energy 6.10% 08/15/2031 6.1
Other
0.15%
153
Nextera Energy Capital Holdings In 6.63 10/01/2066
Other
0.15%
154
Allianz Se 144A 6.5% Dec 31, 2079 6.5 2079-12-31
Other
0.15%
155
Lloyds Banking Group Plc 6.63 12/31/2079
Other
0.14%
156
Kuvare Us Holdings Inc
KUVARE V7 02/17/51 1Financials
0.13%
157
Credit Suisse Group Ag 5.25% 12/31/2099
CS 5.25 PERP 144AFinancials
0.12%
158
Assured Guaranty Municipal Holdings Inc
AGO V6.4 12/15/66 14Financials
0.12%
159
Land O Lakes Ca 7.45% 03/15/28
LLAKES 7.45 03/15/28Consumer Staples
0.12%
160
Bnp Paribas Sa 7.375 2034-09-10
BNP V7.375 PERP 144AFinancials
0.12%
161
Farm Credit Bk Of Texas Jr Subordina 12/99 Var
FARMCB V7 PERP 6Financials
0.11%
162
Banco Mercantil De Norte Regd V/R /Perp/ 144A P/P 6.62500000
BANORT V6.625 PERP 1Financials
0.10%
163
Assured Guaranty Municipal Holdings Inc 6.4 12/15/2036
Other
0.09%
164
Credit Suisse Group Ag Regd V/r /perp/ 144a P/p 7.50000000
CS 7.5 PERP 144aFinancials
0.08%
165
Farm Credit Bk Of Texas Regd V/R /Perp/ 7.75000000
FARMCB V7.75 PERPFinancials
0.08%
166
Dairy Farmers Of America Inc
DFAINC 7.125 PERPConsumer Staples
0.06%
167
Banc Credito Invers V/R /Perp 8.75%
BCICI V8.75 PERP REGFinancials
0.05%
168
Bbva Bancomer Sa V/R 09/13/34
BBVASM V5.875 09/13/Financials
0.04%
169
Credit Suisse Group Ag, Floating Rate, Perpetual
CS 6.25 PERP 144AFinancials
0.04%
170
Farm Credit Bank of Texas
FCTX.ZFinancials
0.04%
171
Morgan Stanley 5.88% 12/31/2049
MS V5.875 PERP MFinancials
0.04%
172
Jpmorgan Chase Bank, 6.125% Perp., USD
VOYA V7.758 PERP AFinancials
0.04%
173
Compeer Financial Aca
AGSTAR V4.875 PERP QFinancials
0.03%
174
Land O'Lakes Inc /Pfd
Other
0.02%
175
Dominion Energy Inc 6.88 02/01/2055
D V6.875 02/01/55 AUtilities
0.01%
176
Sold PEN Bought USD 20260819
Other
0.00%

#	Company	Ticker	Weight
1	Bank Of America Corp. 5Y Us Ti + 2.684 12/31/9999	BAC V6.625 PERP	2.950%
2	Credit Agricole Sa 7.13% Sep 23/35	-	2.060%
3	Ing Groep Nv 7.000% Flt Perp Sr:.	-	1.760%
4	Banco Bilbao Vizcaya Argentaria Sa 7.75 12/31/2079	BBVAP2:MA	1.670%
5	Citigroup Inc 05/15/2174	-	1.660%
6	Toronto-Dominion Bank Variable Rate, Due 10/31/2082	TD V8.125 10/31/82	1.640%
7	Enbridge Inc 8.5% 01/15/2084	ENBCN V8.5 01/15/84	1.550%
8	Banco Santander, S.A. 9.625 02-21-2172	SANTAN V9.625 PERP _	1.490%
9	Charles Schwab Corp Jr Subordina 12/99 Var 5	SCHW V4 PERP H	1.480%
10	Bank Of Montreal (Callable) 7.70% May 26, 2084	BMO V7.7 05/26/84	1.420%
11	Bnp Paribas Sa 8.5 2028/08/14	BNP V8.5 PERP 144A	1.300%
12	Commerzbank Ag 7.5%	-	1.280%
13	Bnp Paribas 7.200% Flt Perp Sr:144A 7.2	-	1.260%
14	Hsbc Holdings Plc 5Y Us Ti + 3.191	HSBC V6.95 PERP	1.250%
15	Canadian Imperial Bank 7.000% Flt 10/28/85	CM V7 10/28/85	1.240%
16	Wells Fargo + Company Jr Subordina 12/99 Var	WFC V6.85 PERP	1.230%
17	Jpmorgan Chase + Co Jr Subordina 12/99 Var12/31/2099	JPM V6.875 PERP NN	1.210%
18	Hartford Financial Services Group Inc/The 7.70899 2067-02-12	HIG F 02/12/47 ICON	1.200%
19	Bell Telephone Company (Nc10.5) 7 09/15/2055	BCECN V7 09/15/55	1.140%
20	Natwest Group Plcperpetual Bonds	NWG V8.125 PERP	1.110%
21	Barclays Plc 8 12/71	A3K745	1.100%
22	Wells Fargo & Co., Class A, Series L, Conv. Pfd.	WFC.PRL	1.090%
23	Eushi Finance Inc Company Guar 04/56 Var	-	1.060%
24	Lloyds Banking Group Plc 8.0000% Mat 06/27/2172	LLOYDS V8 PERP	1.050%
25	American Electric Power Co Inc 0.0605 03/f15/2056	-	1.050%
26	Aes Corp/The 0.0695 07/F15/2055	AES V6.95 07/15/55	1.010%
27	Wells Fargo Co 6.125 6/74	-	1.010%
28	Athene Holding Lt V/R 06/28/55	ATH V6.875 06/28/55	1.000%
29	Sempra Variable Rate, Due 10/01/2054	SRE V6.4 10/01/54	0.960%
30	Huntington Bancshares Inc/OH 0.0625 12/f31/2099	-	0.950%
31	Amer Agcredit Aca Jr Subordina 144A Var 5.25% 2099-12-31	AAGACA V5.25 PERP QI	0.950%
32	American Electric V/R 12/15/54	AEP V6.95 12/15/54	0.950%
33	Societe Generale Regd V/R /Perp/ 144A P/P 10.00000000	SOCGEN	0.940%
34	ROYAL BANK OF CANADA JR SUBORDINA 08/85 VAR	RY V6.75 08/24/85	0.940%
35	Societe Generale Sa	SOCGEN	0.940%
36	Eversource Energy 6.35% Aug 15, 2056 6.35 2056-08-15	-	0.930%
37	Goldman Sachs Group Inc (The) 7.5%/Var Perp	GS V7.5 PERP X	0.930%
38	Banco Santander Sa 0.08% Dec 31/99	SANTAN V8 PERP	0.910%
39	Pimco Preferred And Capital Securities Active Exchange-Traded Fund Usetf 6.7% 01/00/1900	ACAFP V6.7 PERP 144A	0.890%
40	Dominion Energy Inc 7 06/01/2054	D V7 06/01/54 B	0.880%
41	Bank Of Nova Scotia/The 8 01-27-2084	BNS V8 01/27/84	0.810%
42	Barclays Plc 7.625% Flt Perp	BACR V7.625 PERP	0.800%
43	Banco Bilbao Vizcaya Argentaria Sa 9.375	BBVASM	0.790%
44	Bank Of Nova Scotia Jr Subordina 10/82 Var	BNS V8.625 10/27/82	0.790%
45	Global Atlantic Fin Co Company Guar 144A 03/56 Var	-	0.790%
46	Nordea Ba Vrn 12/31/2199	-	0.790%
47	Bank Nova Scoti 7.35 4/85	BNS V7.35 04/27/85	0.770%
48	Centerpoint Energy Inc Jr Subordina 02/55 Var %	CNP V6.85 02/15/55 B	0.750%
49	Global Atlantic (Fin) Company 7.95% Oct 15/54	GBLATL V7.95 10/15/5	0.730%
50	Deutsche Bank Ag Variable Rate	-	0.720%
51	Telus Corp V/R 06/09/56 2056-06-09	-	0.690%
52	Enbridge Inc 7.63 01/15/2083	ENBCN V7.625 01/15/8	0.680%
53	State Street Corp Jr Subordina 12/99 Var	STT V6.7 PERP J	0.680%
54	Bank Of Montreal Jr Subordina 11/84 Var %	BMO V7.3 11/26/84	0.680%
55	Bnp Paribas 8.000000% Maturity: Perpetual 8 2172-08-22	BNP V8 PERP 144A	0.670%
56	Toronto-D Vrn 10/31/85	-	0.670%
57	Corebridge Financial Inc Variable Rate, Due 09/15/2054	CRBG V6.375 09/15/54	0.650%
58	Hsbc Holdings Plc Jr Subordina 12/99 Var 7.25 12/31/2099	HSBC V7.05 PERP	0.650%
59	Telus Corp V/R 10/15/55	TCN V7 10/15/55	0.650%
60	Cnp Assurances V/R /Perp/ 4.875 12/31/2500	-	0.650%
61	Spire Inc. 0% 05/31/2056	-	0.640%
62	Wells Fargo + Company Jr Subordina 12/99 Var	WFC V7.625 PERP	0.640%
63	Hsbc Holdings Plc 8 Perp	HSBC V8 PERP	0.630%
64	Dominion Energy, Inc. 6.625 05/14/2055	D V6.625 05/15/55	0.620%
65	Bbvasm V8.45 06/29/38 144A	BBVASM V8.45 06/29/3	0.610%
66	Duke Energy Corp Jr Subordina 09/54 Var	DUK V6.45 09/01/54	0.590%
67	Nextera Energy Ca V/R 06/15/54	NEE V6.75 06/15/54	0.590%
68	Dominion Energy, Inc. 6.2 02/14/2056	D V6.2 02/15/56	0.580%
69	Mitsubishi Ufj Fin Grp Variable Rate	-	0.580%
70	The Pnc Financial Services Group, Inc. 6.00% Dec 31/99 6% 12/31/2099	PNC V6 PERP U	0.580%
71	Rogers Communications In Regd V/R 7.12500000 7.125 04/15/2055	RCICN V7.125 04/15/5	0.560%
72	Entergy Corp 7.13% 01Dec2054	ETR V7.125 12/01/54	0.550%
73	Land O' Lakes Inc 144a 7.250000% Maturity: Perpetual	LLAKES 7.25 PERP 144	0.540%
74	State Street Corp Jr Subordina 12/99 Var 6.7	STT V6.7 PERP I	0.540%
75	Dte Energy Co 6.2% 07/01/2058	-	0.530%
76	Meiji Yasuda Life Insura 6.100% Flt 06/11/55 Sr:144A	MYLIFE V6.1 06/11/55	0.530%
77	Royal Bank Of Canada 6.500% Flt 11/24/85	-	0.530%
78	Air Lease Vrn 12/31/99	AL V6 PERP D	0.530%
79	Bnp Paribas Sa	BNP V7.75 PERP 144A	0.530%
80	Banco Mercantil Del Norte, S.a.	BANORT V7.5 PERP 144	0.530%
81	Nextera Energy Capital 30Nc10 6.2 10/01/2056	-	0.520%
82	US Dollar	-	0.510%
83	American National Group 7.000% Flt 12/01/55	ANGINC V7 12/01/55	0.510%
84	Ing Groep Nv Variable Rate	-	0.490%
85	Land O'Lakes Inc 8% /perp	LLAKES 8 PERP 144A	0.480%
86	Citigroup Inc 6.875 11/73 6.88 2173-11-15	C	0.460%
87	Southern Co 6.38 2055-03-15	SO V6.375 03/15/55 2	0.460%
88	Banco Mercantil De Norte Jr Subordina 144A Var 12/99 8.37	BANORT:KY	0.460%
89	Ares Fice Co. Iii Llc 4.125% 6/30/2051	ARES V4.125 06/30/51	0.450%
90	Land O' Lakes Inc	LLAKES 7 PERP 144A	0.450%
91	Nomura Holdings Inc 7 Dec 31, 2079	NOMURA V7 PERP	0.450%
92	Pnc Financial Services Group, Inc. 6.2506/15/2023	PNC V6.25 PERP W	0.450%
93	Eushi Finance Inc Company Guar 12/54 Var	EMACN V7.625 12/15/5	0.430%
94	Nisource Inc Variable Rate, Due 03/31/2055	NI V6.375 03/31/55	0.430%
95	Swedbank Ab Variable Rate	-	0.430%
96	Goldman Sachs Group Inc Jr Subordina 12/99 Var	GS V6.125 PERP Y	0.420%
97	Compeer Financial Aca Compeer Financial Aca 0 1900-01-00	-	0.400%
98	Banco Santander Sa	SANP3	0.400%
99	Barclays Plc 9.625%	BACR V9.625 PERP	0.390%
100	Charles Schwab Corp. 5Y Us Ti + 2.25 12/31/9999 2.25 9999-12-31	-	0.390%
101	Metlife Capital Trust Iv	MET 7.875 12/15/37	0.380%
102	Natwest Group Plc 5.125 05/12/2027	-	0.380%
103	Entergy Corp Variable Rate, Due 06/15/2056	-	0.370%
104	First Citizens Bancshares 8.27142 03/15/2174 8.27142 2174-03-15	-	0.370%
105	Liberty Mutual Gr V/R 12/15/51	LIBMUT V4.125 12/15/	0.370%
106	Transcanada Pipelines 30.5Nc10.25 6.38% Oct 17, 2056 6.38 2056-10-17	-	0.370%
107	Emera Us Finance V/R 10/01/56	-	0.360%
108	Allianz Se 6.550% Flt Perp Sr:144A	-	0.360%
109	Citigroup Inc 6.95%	C V6.95 PERP FF	0.360%
110	Lancashire Holdings Limited 2041-09-18	-	0.350%
111	Credit Suisse Group Ag 9,75%	CS 9.75 PERP 144A	0.340%
112	Jpmorgan Vrn 12/31/99 2099-12-31	-	0.340%
113	Verizon Communications Jr Subordina 05/56 Var 6.2% 05/14/2056	-	0.340%
114	Verizon Communications Jr Sub Rvc 6.05 14/05/2058	-	0.340%
115	Sumitomo Mitsui Finl Grp Regd V/R /Perp/ 6.60000000	SUMIBK V6.6 PERP	0.330%
116	Goldman Sachs Group Inc 6.5 Perpetl 2/10/2175	-	0.320%
117	Altagas Ltd V/R 10/15/54	ALACN V7.2 10/15/54	0.320%
118	Bank Of N Vrn 10/27/85	-	0.320%
119	Canadian Imperial Bank Jr Subordina 01/85 Var	CM V6.95 01/28/85	0.300%
120	Intned V7.25 Perp 7.25% 12-31-2099	-	0.300%
121	Corebridge Financial, Inc. 6.88% Dec 01/30	-	0.290%
122	Banco Santander Sa Jr Subordina 12/99 Var	-	0.290%
123	Bank Of America Corporation 6.13% Dec 31/99 6.125% 12/31/2099	BAC V6.125 PERP TT	0.290%
124	Emera Us Finance Llc 6.65 10/01/2056	-	0.280%
125	Citigroup Inc. 7%	C V7 PERP DD	0.270%
126	Hsbc Holdings Plc 7.000% Flt Perp Sr:.	-	0.250%
127	Hsbc Holdings Plc 6.750% Flt Perp	-	0.240%
128	Banco Bilbao Vizcaya Arg Jr Subordina 12/99 Var	-	0.240%
129	Banco Mercantil Del Norte Sa (Nc10 144A 8.45 12/31/2079	-	0.240%
130	Assurant Inc 7% 03/27/2048	AIZ V7 03/27/48	0.230%
131	Banort 8 3/4 Perp 11/20/2174	BANORT V8.75 PERP 14	0.230%
132	Nextera Energy Capital 6.500% Flt 08/15/55 Sr:.	NEE V6.5 08/15/55 .	0.230%
133	Nippon Life Insurance 6.500% Flt 04/30/55 Sr:144A	NIPLIF V6.5 04/30/55	0.230%
134	Goldman Sachs Group, Inc. (The), Series W	GS V7.5 PERP W	0.220%
135	Goldman Sachs Group Inc/The 6.85% Dec 31, 2079	GS V6.85 PERP	0.220%
136	Liberty Mutual Group Inc. 4.30 02/01/2061	LIBMUT 4.3 02/01/61	0.220%
137	Prudential Financial Inc 6% 01Sep2052	PRU V6 09/01/52	0.220%
138	Capital Farm Credit Aca Regd V/R /Perp/ 144A P/P Ser 1 5.00000000	CFCFCS V5 PERP 1	0.220%
139	Citigroup Inc 7.2 2072-08-15	C V7.2 PERP BB	0.220%
140	Lincoln National, 9.25% perp., USD	LNC V9.25 PERP C	0.200%
141	Cobank Acb Variable Rate	-	0.190%
142	Sempra 6.88% Oct 01, 2054	SRE V6.875 10/01/54	0.190%
143	Banco Mercantil Del Norte Variable Rate	BANORT	0.190%
144	Bbva Mexico Sa Institucion De Banc 7.625 02/11/2035	BBVASM V7.625 02/11/	0.180%
145	Metlife Inc Jr Subordina 144a 04/38 9.25	MET 9.25 04/08/38	0.180%
146	Metlife, Inc. 6.35 03/14/2055	MET V6.35 03/15/55 G	0.170%
147	Reinsurance Group Of America Inc 6.38% Sep 15, 2056 6.38 2056-09-15	-	0.170%
148	Banco De Credito E Inversiones 8.75%/Var 12/31/2199 144A	BCICI V8.75 PERP 144	0.170%
149	Bank Of Montreal Jr Subordina 11/85 Var	BMO V6.875 11/26/85	0.160%
150	Cobank Acb Regd V/R /Perp/ 7.25000000 07/01/2172	CKNQP	0.160%
151	Credit Suisse Group Ag 6.375 08/21/2026	CS 6.375 PERP 144A	0.150%
152	Eversource Energy 6.10% 08/15/2031 6.1	-	0.150%
153	Nextera Energy Capital Holdings In 6.63 10/01/2066	-	0.150%
154	Allianz Se 144A 6.5% Dec 31, 2079 6.5 2079-12-31	-	0.150%
155	Lloyds Banking Group Plc 6.63 12/31/2079	-	0.140%
156	Kuvare Us Holdings Inc	KUVARE V7 02/17/51 1	0.130%
157	Credit Suisse Group Ag 5.25% 12/31/2099	CS 5.25 PERP 144A	0.120%
158	Assured Guaranty Municipal Holdings Inc	AGO V6.4 12/15/66 14	0.120%
159	Land O Lakes Ca 7.45% 03/15/28	LLAKES 7.45 03/15/28	0.120%
160	Bnp Paribas Sa 7.375 2034-09-10	BNP V7.375 PERP 144A	0.120%
161	Farm Credit Bk Of Texas Jr Subordina 12/99 Var	FARMCB V7 PERP 6	0.110%
162	Banco Mercantil De Norte Regd V/R /Perp/ 144A P/P 6.62500000	BANORT V6.625 PERP 1	0.100%
163	Assured Guaranty Municipal Holdings Inc 6.4 12/15/2036	-	0.090%
164	Credit Suisse Group Ag Regd V/r /perp/ 144a P/p 7.50000000	CS 7.5 PERP 144a	0.080%
165	Farm Credit Bk Of Texas Regd V/R /Perp/ 7.75000000	FARMCB V7.75 PERP	0.080%
166	Dairy Farmers Of America Inc	DFAINC 7.125 PERP	0.060%
167	Banc Credito Invers V/R /Perp 8.75%	BCICI V8.75 PERP REG	0.050%
168	Bbva Bancomer Sa V/R 09/13/34	BBVASM V5.875 09/13/	0.040%
169	Credit Suisse Group Ag, Floating Rate, Perpetual	CS 6.25 PERP 144A	0.040%
170	Farm Credit Bank of Texas	FCTX.Z	0.040%
171	Morgan Stanley 5.88% 12/31/2049	MS V5.875 PERP M	0.040%
172	Jpmorgan Chase Bank, 6.125% Perp., USD	VOYA V7.758 PERP A	0.040%
173	Compeer Financial Aca	AGSTAR V4.875 PERP Q	0.030%
174	Land O'Lakes Inc /Pfd	-	0.020%
175	Dominion Energy Inc 6.88 02/01/2055	D V6.875 02/01/55 A	0.010%
176	Sold PEN Bought USD 20260819	-	0.000%