Innovator S&P Investment Grade Preferred ETF
17.34USDR
−0.03−0.17%
At close at Jun 17, 20:04 GMT
USD
No trades
Key stats
About Innovator S&P Investment Grade Preferred ETF
Home page
Inception date
May 24, 2016
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Innovator Capital Management LLC
Distributor
Foreside Fund Services LLC
EPRF sets its eligible universe as preferred stocks included by both the S&P U.S. Fixed Rate Preferred Stock Index and the S&P U.S. Investment Grade Preferred Stock Index, effectively isolating fixed-rate, investment grade, U.S.-listed preferred shares. EPRF specifically targets investment grade securities, the first ETF in the preferred stock space to do so. Note that High Quality in the fund name only refers to its investment grade mandate, and does not include other so-called quality screens. The fund gives a 75% weight to cumulative shares, and 25% weight to non-cumulative shares. Individual securities are given an equal weight within these buckets. Prior to July 16, 2018 the fund was called Innovator S&P High Quality Preferred ETF.
Classification
Returns
1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
---|---|---|---|---|---|---|
Price performance | — | — | — | — | — | — |
NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.78%
Cash1.22%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Symbol
Assets
Symbol
Assets
A
Ares Management Corporation Pfd Registered shs Series BARES
5.12%
K
KKR & Co Inc 6.25% Mandatory Conv Pfd Registered Shs Series DKKR
4.73%
A
Apollo Global Management Inc Mandatory Conv Pfd Registered Shs Series AAPO
4.63%
E
Enstar Group Limited Deposit Shs Repr 1/1000th Non-Cum Red Pfd Registered Shs Series DESGRP
3.95%
A
Axis Capital Holdings Ltd Deposit Shs Repr 1/100th 5.50 % Non-Cum Pfd Shs Series EAXS
3.93%
B
Bank of New York Mellon Corp Preferred Shs Depositoty Receipt Repr 1/4000th Pfd Shs Series KBK
3.92%
H
Hartford Insurance Group, Inc. Depositary Shs Repr 1/1000th 6 % Non-Cum Red Pfd Registered Shs Series GHIG
3.90%
A
Agree Realty Corporation Depositary Shs Repr 1/1000th 4.250% Cum Conv Red Perp Pfd RgShs Series AADC
3.82%
C
Cullen/Frost Bankers, Inc. Depositary Shs Repr 1/40th 4.450% Non-Cum Red Perp Pfd Registered Shs BCFR
3.82%
V
Voya Financial, Inc. Depositary Shs Repr 1/40th Non-Cum Red Perp Pfd Reg Shs Ser -B-VOYA
3.81%
Top 10 weight41.62%
76 total holdings
Dividends
Nov '24
Dec '24
Jan '25
Feb '25
Mar '25
Apr '25
May '25
0.00
0.03
0.05
0.08
0.10
Dividend amount
Dividend payout history
Ex-date
Record date
Pay date
Amount
Frequency
May 30, 2025
May 30, 2025
Jun 2, 2025
0.090
Monthly
Apr 30, 2025
Apr 30, 2025
May 1, 2025
0.090
Monthly
Mar 31, 2025
Mar 31, 2025
Apr 1, 2025
0.090
Monthly
Feb 28, 2025
Feb 28, 2025
Mar 3, 2025
0.090
Monthly
Jan 31, 2025
Jan 31, 2025
Feb 3, 2025
0.090
Monthly
Dec 31, 2024
Dec 31, 2024
Jan 2, 2025
0.093
Monthly
Nov 29, 2024
Nov 29, 2024
Dec 2, 2024
0.100
Monthly
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EPRF top holdings are Ares Management Corporation Pfd Registered shs Series B and KKR & Co Inc 6.25% Mandatory Conv Pfd Registered Shs Series D, occupying 5.12% and 4.73% of the portfolio correspondingly.
EPRF last dividends amounted to 0.09 USD. The month before, the issuer paid 0.09 USD in dividends,
EPRF assets under management is 85.45 M USD. It's risen 0.24% over the last month.
EPRF fund flows account for −12.16 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, EPRF pays dividends to its holders with the dividend yield of 6.41%. The last dividend (Jun 2, 2025) amounted to 0.09 USD. The dividends are paid monthly.
EPRF shares are issued by Innovator Capital Management LLC under the brand Innovator. The ETF was launched on May 24, 2016, and its management style is Passive.
EPRF expense ratio is 0.47% meaning you'd have to pay 0.47% of your investment to help manage the fund.
EPRF follows the S&P U.S. High Quality Preferred Stock Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EPRF invests in bonds.
EPRF price has fallen by −2.36% over the last month, and its yearly performance shows a −6.07% decrease. See more dynamics on EPRF price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.41% over the last month, showed a −3.12% decrease in three-month performance and has decreased by −0.54% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −1.41% over the last month, showed a −3.12% decrease in three-month performance and has decreased by −0.54% in a year.
EPRF trades at a premium (0.24%) meaning the ETF is trading at a higher price than the calculated NAV.