Preferreds Plus, 16
Back to All Secondary TrustsPortfolio Holdings by Security (As of Deposit Date)
| Ticker | Security Description | Deposit % |
|---|---|---|
| AEL B | American Equity Investment Life Holding Co., Series B, 6.625% | 3.57 |
| AMH H | American Homes 4 Rent, Series H, 6.250% | 3.59 |
| ATH C | Athene Holding Ltd., Series C, 6.375% | 4.61 |
| BAC M | Bank of America Corporation, Series KK, 5.375% | 2.04 |
| BAC N | Bank of America Corporation, Series LL, 5.000% | 1.02 |
| BHFAO | Brighthouse Financial, Inc., Series B, 6.750% | 2.05 |
| BHFAP | Brighthouse Financial, Inc., Series A, 6.600% | 2.04 |
| BSCO | Invesco BulletShares 2024 Corporate Bond ETF | 1.03 |
| BSCP | Invesco BulletShares 2025 Corporate Bond ETF | 1.02 |
| BSJO | Invesco BulletShares 2024 High Yield Corporate Bond ETF | 1.02 |
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | 2.03 |
| C J | Citigroup Inc., Series J, 7.125% | 2.03 |
| C K | Citigroup Inc., Series K, 6.875% | 1.03 |
| DLR K | Digital Realty Trust, Inc., Series K, 5.850% | 3.58 |
| DUK A | Duke Energy Corporation, Series A, 5.750% | 5.09 |
| FCNCP | First Citizens Bancshares, Inc., Series A, 5.375% | 2.06 |
| FITBI | Fifth Third Bancorp, Series I, 6.625% | 3.06 |
| GS K | The Goldman Sachs Group, Inc., Series K, 6.375% | 3.06 |
| HIG G | The Hartford Financial Services Group, Inc., Series G, 6.000% | 4.61 |
| JPM C | JPMorgan Chase & Co., Series EE, 6.000% | 2.03 |
| JPM D | JPMorgan Chase & Co., Series DD, 5.750% | 1.02 |
| KEY I | KeyCorp, Series E, 6.125% | 1.03 |
| KEY J | KeyCorp, Series F, 5.650% | 2.05 |
| MS E | Morgan Stanley, Series E, 7.125% | 2.04 |
| MS F | Morgan Stanley, Series F, 6.875% | 1.01 |
| NI B | NiSource, Inc., Series B, 6.500% | 5.08 |
| PSA H | Public Storage, Series H, 5.600% | 4.10 |
| PSB Z | PS Business Parks, Inc., Series Z, 4.875% | 3.06 |
| RF B | Regions Financial Corporation, Series B, 6.375% | 3.06 |
| SF B | Stifel Financial Corp., Series B, 6.250% | 2.05 |
| SR A | Spire Inc., Series A, 5.900% | 5.09 |
| STT D | State Street Corporation, Series D, 5.900% | 3.57 |
| T A | AT&T Inc., Series A, 5.000% | 3.04 |
| TDS U | Telephone and Data Systems Inc., Series UU, 6.625% | 2.01 |
| USB P | U.S. Bancorp, Series K, 5.500% | 3.06 |
| VLYPP | Valley National Bancorp, Series A, 6.250% | 3.06 |
| VNO N | Vornado Realty Trust, Series N, 5.250% | 2.04 |
| WFC R | Wells Fargo & Company, Series R, 6.625% | 3.06 |
Preferred Stock
| Ticker | Security Description | Deposit % |
|---|---|---|
| T A | AT&T Inc., Series A, 5.000% | 3.04 |
| TDS U | Telephone and Data Systems Inc., Series UU, 6.625% | 2.01 |
| AEL B | American Equity Investment Life Holding Co., Series B, 6.625% | 3.57 |
| ATH C | Athene Holding Ltd., Series C, 6.375% | 4.61 |
| BAC N | Bank of America Corporation, Series LL, 5.000% | 1.02 |
| BAC M | Bank of America Corporation, Series KK, 5.375% | 2.04 |
| BHFAP | Brighthouse Financial, Inc., Series A, 6.600% | 2.04 |
| BHFAO | Brighthouse Financial, Inc., Series B, 6.750% | 2.05 |
| C J | Citigroup Inc., Series J, 7.125% | 2.03 |
| C K | Citigroup Inc., Series K, 6.875% | 1.03 |
| FITBI | Fifth Third Bancorp, Series I, 6.625% | 3.06 |
| FCNCP | First Citizens Bancshares, Inc., Series A, 5.375% | 2.06 |
| GS K | The Goldman Sachs Group, Inc., Series K, 6.375% | 3.06 |
| HIG G | The Hartford Financial Services Group, Inc., Series G, 6.000% | 4.61 |
| JPM D | JPMorgan Chase & Co., Series DD, 5.750% | 1.02 |
| JPM C | JPMorgan Chase & Co., Series EE, 6.000% | 2.03 |
| KEY I | KeyCorp, Series E, 6.125% | 1.03 |
| KEY J | KeyCorp, Series F, 5.650% | 2.05 |
| MS E | Morgan Stanley, Series E, 7.125% | 2.04 |
| MS F | Morgan Stanley, Series F, 6.875% | 1.01 |
| RF B | Regions Financial Corporation, Series B, 6.375% | 3.06 |
| STT D | State Street Corporation, Series D, 5.900% | 3.57 |
| SF B | Stifel Financial Corp., Series B, 6.250% | 2.05 |
| USB P | U.S. Bancorp, Series K, 5.500% | 3.06 |
| VLYPP | Valley National Bancorp, Series A, 6.250% | 3.06 |
| WFC R | Wells Fargo & Company, Series R, 6.625% | 3.06 |
| AMH H | American Homes 4 Rent, Series H, 6.250% | 3.59 |
| DLR K | Digital Realty Trust, Inc., Series K, 5.850% | 3.58 |
| PSB Z | PS Business Parks, Inc., Series Z, 4.875% | 3.06 |
| PSA H | Public Storage, Series H, 5.600% | 4.10 |
| VNO N | Vornado Realty Trust, Series N, 5.250% | 2.04 |
| DUK A | Duke Energy Corporation, Series A, 5.750% | 5.09 |
| NI B | NiSource, Inc., Series B, 6.500% | 5.08 |
| SR A | Spire Inc., Series A, 5.900% | 5.09 |
Exchange-Traded Funds
| Ticker | Security Description | Deposit % |
|---|---|---|
| BSCO | Invesco BulletShares 2024 Corporate Bond ETF | 1.03 |
| BSJO | Invesco BulletShares 2024 High Yield Corporate Bond ETF | 1.02 |
| BSCP | Invesco BulletShares 2025 Corporate Bond ETF | 1.02 |
| BSJP | Invesco BulletShares 2025 High Yield Corporate Bond ETF | 2.03 |
Summary
Description
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Trust Name Preferreds Plus, 16
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Trust Symbol SMPPPX
Deposit Data
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Deposit Date 07/27/2021
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Termination Date 07/27/2023
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Minimum Investment 100
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Distribution Frequency Monthly (if any)
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Initial Public Offer Price $10.00
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Historical 12-Month Dist.* 0.5010
CUSIP
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Cash Cusip 83192X622
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Reinvest Cusip 83192X630
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Fee Cash Cusip 83192X648
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Fee Invest Cusip 83192X655
Documents
*The Historical 12-Month Distribution of Trust Holdings is as of 06/25/2025. If the Trust deposited after, or 90 days prior to, 06/25/2025, the distribution is as of deposit date. The Historical 12-Month Distribution is calculated by taking the weighted average of the regular income distributions paid by the securities included in the trust’s portfolio over the 12 months preceding the trust’s date of deposit reduced to account for the effects of trust fees and expenses. This historical distribution is for illustrative purposes only and is not indicative of amounts that will actually be distributed by the trust. The distributions paid by the trust may be higher or lower than the amount shown above due to factors including, but not limited to, changes in the price of trust units, changes (including reductions) in distributions paid by issuers, changes in actual trust expenses and sales of securities in the portfolio. There is no guarantee that the issuers of the securities included in the trust will pay any distributions in the future.