Preferreds Plus, 23
Back to All Secondary TrustsPortfolio Holdings by Security (As of Deposit Date)
| Ticker | Security Description | Deposit % |
|---|---|---|
| ACGLN | Arch Capital Group Ltd., Series G, 4.550% | 4.02 |
| AIZN | Assurant, Inc., Series 5.250% due 1/15/2026 | 3.99 |
| ATH D | Athene Holding Ltd., Series D, 4.875% | 3.97 |
| BAC Q | Bank of America Corporation, Series QQ, 4.250% | 2.01 |
| BAC S | Bank of America Corporation, Series SS, 4.750% | 2.00 |
| BEPH | Brookfield BRP Holdings (Canada), Inc., Series 4.625% | 3.00 |
| BHFAM | Brighthouse Financial, Inc., Series D, 4.625% | 2.02 |
| BHFAN | Brighthouse Financial, Inc., Series C, 5.375% | 2.04 |
| BOH A | Bank of Hawaii Corporation, Series A, 4.375% | 0.99 |
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | 2.50 |
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | 3.00 |
| BSJQ | Invesco BulletShares 2026 High Yield Corporate Bond ETF | 2.00 |
| BSJR | Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2.00 |
| CGABL | The Carlyle Group, Inc., 4.625% due 5/15/2026 | 3.00 |
| CMS C | CMS Energy Corporation, Series C, 4.200% | 2.02 |
| DTG | DTE Energy Company, 4.375% due 12/1/2026 | 2.97 |
| EQH C | Equitable Holdings, Inc., Series C, 4.300% | 3.99 |
| F D | Ford Motor Company, 6.500% due 8/15/2027 | 4.02 |
| GL D | Globe Life Inc., 4.250% due 6/15/2026 | 1.00 |
| JPM K | JPMorgan Chase & Co., Series JJ, 4.550% | 1.99 |
| JPM L | JPMorgan Chase & Co., Series LL, 4.625% | 1.99 |
| LNC D | Lincoln National Corporation, Series D, 9.000% | 3.99 |
| MGRD | Affiliated Managers Group, Inc., 4.200% due 9/30/2026 | 1.00 |
| MS K | Morgan Stanley, Series K, 5.850% | 1.99 |
| MS P | Morgan Stanley, Series P, 6.500% | 2.00 |
| PRE J | PartnerRe Ltd., Series J, 4.875% | 4.01 |
| PRH | Prudential Financial, Inc., 5.950% due 9/1/2027 | 4.00 |
| PSA P | Public Storage, Series P, 4.000% | 1.99 |
| PSA Q | Public Storage, Series Q, 3.950% | 2.00 |
| PSA R | Public Storage, Series R, 4.000% | 2.00 |
| PSA S | Public Storage, Series S, 4.100% | 2.02 |
| RNR G | RenaissanceRe Holdings Ltd., Series G, 4.200% | 3.01 |
| SCHW J | The Charles Schwab Corporation, Series J, 4.450% | 4.01 |
| SIGIP | Selective Insurance Group, Inc., Series B, 4.600% | 1.00 |
| STT G | State Street Corporation, Series G, 5.350% | 3.47 |
| USB R | U.S. Bancorp, Series M, 4.000% | 3.00 |
| WFC A | Wells Fargo & Company, Series AA, 4.700% | 1.99 |
| WFC C | Wells Fargo & Company, Series CC, 4.375% | 1.99 |
| WRB H | W. R. Berkley Corporation, 4.125% due 3/30/2026 | 2.01 |
Preferred Stock
| Ticker | Security Description | Deposit % |
|---|---|---|
| F D | Ford Motor Company, 6.500% due 8/15/2027 | 4.02 |
| MGRD | Affiliated Managers Group, Inc., 4.200% due 9/30/2026 | 1.00 |
| ACGLN | Arch Capital Group Ltd., Series G, 4.550% | 4.02 |
| AIZN | Assurant, Inc., Series 5.250% due 1/15/2026 | 3.99 |
| ATH D | Athene Holding Ltd., Series D, 4.875% | 3.97 |
| BAC Q | Bank of America Corporation, Series QQ, 4.250% | 2.01 |
| BAC S | Bank of America Corporation, Series SS, 4.750% | 2.00 |
| BOH A | Bank of Hawaii Corporation, Series A, 4.375% | 0.99 |
| BHFAN | Brighthouse Financial, Inc., Series C, 5.375% | 2.04 |
| BHFAM | Brighthouse Financial, Inc., Series D, 4.625% | 2.02 |
| CGABL | The Carlyle Group, Inc., 4.625% due 5/15/2026 | 3.00 |
| SCHW J | The Charles Schwab Corporation, Series J, 4.450% | 4.01 |
| EQH C | Equitable Holdings, Inc., Series C, 4.300% | 3.99 |
| GL D | Globe Life Inc., 4.250% due 6/15/2026 | 1.00 |
| JPM K | JPMorgan Chase & Co., Series JJ, 4.550% | 1.99 |
| JPM L | JPMorgan Chase & Co., Series LL, 4.625% | 1.99 |
| LNC D | Lincoln National Corporation, Series D, 9.000% | 3.99 |
| MS K | Morgan Stanley, Series K, 5.850% | 1.99 |
| MS P | Morgan Stanley, Series P, 6.500% | 2.00 |
| PRE J | PartnerRe Ltd., Series J, 4.875% | 4.01 |
| PRH | Prudential Financial, Inc., 5.950% due 9/1/2027 | 4.00 |
| RNR G | RenaissanceRe Holdings Ltd., Series G, 4.200% | 3.01 |
| SIGIP | Selective Insurance Group, Inc., Series B, 4.600% | 1.00 |
| STT G | State Street Corporation, Series G, 5.350% | 3.47 |
| USB R | U.S. Bancorp, Series M, 4.000% | 3.00 |
| WRB H | W. R. Berkley Corporation, 4.125% due 3/30/2026 | 2.01 |
| WFC A | Wells Fargo & Company, Series AA, 4.700% | 1.99 |
| WFC C | Wells Fargo & Company, Series CC, 4.375% | 1.99 |
| PSA P | Public Storage, Series P, 4.000% | 1.99 |
| PSA Q | Public Storage, Series Q, 3.950% | 2.00 |
| PSA R | Public Storage, Series R, 4.000% | 2.00 |
| PSA S | Public Storage, Series S, 4.100% | 2.02 |
| BEPH | Brookfield BRP Holdings (Canada), Inc., Series 4.625% | 3.00 |
| CMS C | CMS Energy Corporation, Series C, 4.200% | 2.02 |
| DTG | DTE Energy Company, 4.375% due 12/1/2026 | 2.97 |
Exchange-Traded Funds
| Ticker | Security Description | Deposit % |
|---|---|---|
| BSCQ | Invesco BulletShares 2026 Corporate Bond ETF | 2.50 |
| BSJQ | Invesco BulletShares 2026 High Yield Corporate Bond ETF | 2.00 |
| BSCR | Invesco BulletShares 2027 Corporate Bond ETF | 3.00 |
| BSJR | Invesco BulletShares 2027 High Yield Corporate Bond ETF | 2.00 |
Summary
Description
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Trust Name Preferreds Plus, 23
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Trust Symbol SMPPWX
Deposit Data
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Deposit Date 11/30/2023
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Termination Date 12/02/2025
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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.* 0.5952
CUSIP
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Cash Cusip 83207N544
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Reinvest Cusip 83207N551
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Fee Cash Cusip 83207N569
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Fee Invest Cusip 83207N577
Documents
*The Historical 12-Month Distribution of Trust Holdings is as of 10/01/2024. If the Trust deposited after, or 90 days prior to, 10/01/2024, 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.