Preferred-Plus ETF (IPPP)
BATS: IPPP · IEX Real-Time Price · USD
9.94
-0.06 (-0.64%)
At close: Jul 26, 2024, 9:30 AM
9.98
+0.04 (0.37%)
After-hours: Jul 26, 2024, 6:30 PM EDT
| Assets | $11.36M |
| Expense Ratio | 1.27% |
| PE Ratio | n/a |
| Shares Out | 1.15M |
| Dividend (ttm) | $0.53 |
| Dividend Yield | 5.30% |
| Ex-Dividend Date | Jun 27, 2024 |
| Payout Ratio | n/a |
| 1-Year Return | +7.30% |
| Volume | 558 |
| Open | 9.97 |
| Previous Close | 10.01 |
| Day's Range | 9.94 - 9.94 |
| 52-Week Low | 8.45 |
| 52-Week High | 10.55 |
| Beta | 0.46 |
| Holdings | 107 |
| Inception Date | Dec 24, 2018 |
About IPPP
Fund Home PageThe Preferred-Plus ETF (IPPP) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund provides exposure by holding preferred securities issued by US and non-US companies, with a 10% exposure to the S&P 500 ETF using a credit spread options strategy. IPPP was launched on Dec 24, 2018 and is issued by Innovative Portfolios.
Asset Class Fixed Income
Category Preferred Stock
Region North America
Stock Exchange BATS
Ticker Symbol IPPP
ETF Provider Innovative Portfolios
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 27, 2024 | $0.14384 | Jun 28, 2024 |
| Mar 27, 2024 | $0.140 | Apr 1, 2024 |
| Dec 22, 2023 | $0.10343 | Dec 27, 2023 |
| Sep 26, 2023 | $0.140 | Sep 28, 2023 |
| Jun 27, 2023 | $0.1411 | Jun 29, 2023 |
| Mar 28, 2023 | $0.1581 | Mar 30, 2023 |
News
JP Morgan Begins Converting 4 Mutual Funds To ETFs
A $1.1 billion inflation-managed fund is the first to convert.
2 years ago - ETFcom
2 Income-Focused Mutual Funds Convert To ETFs
The funds hold nearly $29 million in assets.
Other symbols: IPDP
2 years ago - ETFcom