PNC Financial Services Group Inc. 3.4% | - | 4.81% | - | - | 753,000 |
U.S. Bancorp. 3.7% | - | 4.72% | - | - | 735,000 |
The Charles Schwab Corporation 4% | - | 4.56% | - | - | 745,000 |
M&T Bank Corporation 3.5% | - | 4.37% | - | - | 675,000 |
Citigroup Inc. 3.875% | - | 4.28% | - | - | 650,000 |
The Bank of New York Mellon Corp. 3.75% | - | 4.18% | - | - | 645,000 |
HSBC Holdings PLC 4% | - | 3.92% | - | - | 595,000 |
BNP Paribas SA 7.375% | - | 3.91% | - | - | 575,000 |
Bank of America Corp. 4.375% | - | 3.37% | - | - | 515,000 |
Barclays PLC 9.625% | - | 3.32% | - | - | 450,000 |
Purpose U.S. Preferred Share Fund is an exchange traded fund launched and managed by Purpose Investments Inc. It is co-managed by Neuberger Berman Investment Advisers LLC. The fund invests in fixed income markets of the United States. It primarily invests in U.S. dollar denominated investment-grade preferred securities including hybrid securities and contingent capital securities that are rated BBB- or higher by S&P or Fitch or Baa3 or higher by Moody's. Purpose U.S. Preferred Share Fund was formed December 14, 2016 and is domiciled in Canada.