Vi comunico i primi risultati della mia ricerca sulle pref share attraverso gli ETF:
Intanto questo commento tratto da
Preferred Stock ETFs
Heavy on Financials
All of the Preferred Stock ETFs mentioned PFF, PGX (
Sono quelli che ho postato prima)
are heavily concentrated in many financials that are at the beginning stages of either seeking additional capital or receiving government assistance in order to navigate through the current financial crisis. The PowerShares Financial Preferred Portfolio ETFs top holdings include
Bank of America, Merrill Lynch (NYSE:MER) and Credit Suisse (NYSE:CS). Wells Fargo (NYSE:WFC), Citigroup and Freeport-McMoran (NYSE:FCX) are among the leaders in the iShares S&P U.S. Preferred Stock Index Fund ETF. Among the top holdings of the PowerShares Preferred Portfolio ETF include Merrill Lynch and ING Groep (NYSE:ING).
Final Thoughts
The Preferred Stock ETFs overexposure to the financial services industry makes them a
particularly risky investment at the moment,
but for an investor with a long investment time horizon and a preference for dividend paying investment vehicles the preferred ETFs are an option to consider.
In sintesi dice che questi 2 ETF shanno avuto una buona performance perche' hanno in pancia parecchie banche che sono in "convalescenza" in attesa di ristrutturazione o di aiuti statali. Per questo sono rischiosi, ma che nel lungo periodo possono essere premianti e "assicurano" dei dividendi. Niente che non sapevamo gia'.
Le pref shares che hanno tutti e due "top holdings"
sono:
Bank of America,
Merrill Lynch (NYSE:MER)
Credit Suisse (NYSE:CS).
Wells Fargo (NYSE:WFC),
Citigroup
Freeport-McMoran (NYSE:FCX)
Merrill Lynch
ING Groep (NYSE:ING)
Segue un copia incolla del contenuto dell ISHARES S&P U.S. Preferred Stock Index Fund (PFF) volendo si puo fare il download su excel.
Da dire di positivo che c'e' CUSIP che identifica la pref shares che e' come il nostro ISIN, che ci puo' aiutare a fare una prima raccolta delle emittenti che riteniamo piu' interessanti.
In piu' abbiamo la sigla iniziale tipo AEP/PA che mi sembra il Ticker
Name % Net
Assets Market
Value ($) Identifier*(CUSIP) Market Sector Exchange
Rate
AEP/PA AMERICAN ELECTRIC POWER CO INC 0.34 $11,135,781 02557T208 XNYS Utilities 1.00
ADM/PA ARCHER-DANIELS-MIDLAND CO 2.58 $84,996,120 039483201 XNYS Consumer Staples 1.00
BAC/PH BANK OF AMERICA CORP 2.34 $77,036,196 060505765 XNYS Financials 1.00
BAC/PE BANK OF AMERICA CORP 0.69 $22,623,989 060505815 XNYS Financials 1.00
BML/PL BANK OF AMERICA CORP SERIES 5 0.71 $23,310,862 060505583 XNYS Financials 1.00
BML/PH BANK OF AMERICA CORP SERIES H 0.63 $20,757,133 060505625 XNYS Financials 1.00[/COLOR]
BCS/PD BARCLAYS BANK PLC 3.99 $131,217,353 06739H362 XNYS Financials 1.00
BCS/PA BARCLAYS BANK PLC 2.28 $75,073,856 06739H776 XNYS Financials 1.00
BCS/P BARCLAYS BK PLC 0.53 $17,427,897 06739F390 XNYS Financials 1.00
BCS/PC BARCLYAS BANK PLC 1.92 $63,131,971 06739H511 XNYS Financials 1.00
-- BCF: Treasury (SL) 0.17 $5,630,469 066922477 -- S-T Securities 1.00
BK/PF BNY CAPITAL V 0.57 $18,764,242 09656H209 XNYS Financials 1.00
COF/PB CAPITAL ONE CAP 0.57 $18,717,792 14041L204 XNYS Financials 1.00
CMO/PB CAPSTEAD MORTGAGE CORP 0.53 $17,455,576 14067E308 XNYS Financials 1.00
CE/P CELANESE CORP 0.66 $21,716,818 150870202 XNYS Materials 1.00
C/PS CITIGROUP CAP IX 1.54 $50,754,159 173066200 XNYS Financials 1.00
C/PW CITIGROUP CAPITAL XVI 1.21 $39,695,775 17310L201 XNYS Financials 1.00
C/PZ CITIGROUP VIII 2.49 $81,994,761 17306R204 XNYS Financials 1.00
CFC/PB COUNTRY WIDE V 1.99 $65,535,824 222388209 XNYS Financials 1.00
DUA DB CAP FNDG VIII 3.65 $120,224,310 25153U204 XNYS Financials 1.00
DTT DEUTSCHE BANK CAPITAL FUNDING TRUS 0.50 $16,496,368 25153Y206 XNYS Financials 1.00
DKT DEUTSCHE BANK CONTINGENT CAPITAL T 0.96 $31,678,582 25150L108 XNYS Financials 1.00
DDR/PG DEVELOPERS DIVERS 0.26 $8,708,536 251591830 XNYS Financials 1.00
DDR/PH DEVELOPERS DIVERSIFIED REALTY CORP 0.28 $9,223,630 251591822 XNYS Financials 1.00
DDR/PI DEVELOPERS DIVERSIFIED REALTY CORP 0.23 $7,509,903 251591780 XNYS Financials 1.00
DRE/PO DUKE REALTY CORP 0.71 $23,506,174 264411679 XNYS Financials 1.00
FTB/PA FIFTH THIRD CAPITAL TRUST V 0.86 $28,152,825 31678W204 XNYS Financials 1.00
FTB/PB FIFTH THIRD CAPITAL TRUST VI 1.74 $57,352,680 31678V206 XNYS Financials 1.00
FTB/PC FIFTH THIRD CAPITAL TRUST VII 0.40 $13,327,316 316780204 XNYS Financials 1.00
F/PS FORD CAP TRST II 4.48 $147,582,532 345395206 XNYS Consumer Discretionary 1.00
FPL/PC FPL GROUP CAPITAL TRUST I 0.51 $16,949,564 30257V207 XNYS Utilities 1.00
GE/PA GENERAL ELECTRIC CAPITAL CORP 0.30 $9,915,241 369622444 XNYS Industrials 1.00
GS/PD GOLDMAN SACHS GP 1.72 $56,656,565 38144G804 XNYS Financials 1.00
GS/PB GOLDMAN SACHS GROUP INC 1.20 $39,435,097 38144X500 XNYS Financials 1.00
GS/PA GOLDMAN SACHS GROUP INC 0.94 $31,063,528 38143Y665 XNYS Financials 1.00
HPT/PC HOSPITALITY PROP 0.71 $23,285,846 44106M508 XNYS Financials 1.00
HRP/PD HRPT PROPERTIES 0.35 $11,640,094 40426W507 XNYS Financials 1.00
HFC/PB HSBC FINANCE 1.15 $37,843,317 40429C607 XNYS Financials 1.00
HBA/PF HSBC USA INC 0.85 $28,097,570 40428H805 XNYS Financials 1.00
HBA/PG HSBC USA INC 0.43 $14,033,370 40428H888 XNYS Financials 1.00
JPM/PJ JP MORGAN CHASE-7% PFD 1.76 $58,012,066 46623D200 XNYS Financials 1.00
JPM/PK JPMCHASE CAP XI 0.24 $7,769,272 46626V207 XNYS Financials 1.00
JPM/PI JPMORGAN CHASE & CO 2.51 $82,545,512 46625H621 XNYS Financials 1.00
JPM/PZ JPMORGAN CHASE CAPITAL XXVI 2.66 $87,619,712 48124G104 XNYS Financials 1.00
KEY/PE KEYCORP CAP IX 0.99 $32,552,005 49327Q204 XNYS Financials 1.00
KEY/PD KEYCORP CAP VIII 0.05 $1,762,780 49327C205 XNYS Financials 1.00
KEY/PF KEYCORP CAPITAL X 0.65 $21,495,741 49327R103 XNYS Financials 1.00
KIM/PG KIMCO REALTY CORP 0.77 $25,432,161 49446R844 XNYS Financials 1.00
LNC/PG LINCOLN NATL CRP 0.42 $13,841,873 534187802 XNYS Financials 1.00
MTB/PA M&T CAPITAL TRUST IV 0.89 $29,144,820 55292C203 XNYS Financials 1.00
BML/PQ MERRILL LYNCH & CO INC 2.38 $78,485,190 060505559 XNYS Financials 1.00
MET/PB METLIFE INC 3.01 $98,978,801 59156R603 XNYS Financials 1.00
MET/PA METLIFE INC 0.96 $31,652,724 59156R504 XNYS Financials 1.00
MSJ MOR STAN CAP TR VI 6.6% CAP SE 1.53 $50,282,085 617461207 XNYS Financials 1.00
MWR MORGAN ST CP III 2.16 $71,015,222 617460209 XNYS Financials 1.00
MWG MORGAN ST CP IV 0.23 $7,600,832 617462205 XNYS Financials 1.00
MS/PA MORGAN STANLEY 0.70 $23,191,925 61747S504 XNYS Financials 1.00
NCC/PC NATIONAL CITY CAPITAL TRUST IV 0.03 $1,020,265 63540U207 XNYS Financials 1.00
NCC/PA NATL CITY CAP TR 3.80 $125,000,630 63540T200 XNYS Financials 1.00
OCR/PB OMNICARE CAP II 0.43 $14,285,749 68214Q200 XNYS Health Care 1.00
PNH PNC CAPITAL TRUST E 0.79 $25,851,925 69350S208 XNYS Financials 1.00
PUK/P PRUDENTIAL PLC 0.41 $13,462,024 B02FFZ2 XNYS 1.00
PUK/PA PRUDENTIAL PLC 0.32 $10,444,853 B0G4027 XNYS 1.00
PSA/PI PUBLIC STORAGE 1.97 $64,943,202 74460D299 XNYS Financials 1.00
PSA/PK PUBLIC STORAGE 1.33 $43,670,394 74460D273 XNYS Financials 1.00
PSA/PM PUBLIC STORAGE INC 6.625 SERIES M 0.43 $14,167,682 74460D232 XNYS Financials 1.00
EP008643 RBS CAPITAL FUNDING TRUST V 0.93 $30,671,424 74928K208 XNYS Financials 1.00
RBS/PG RBS CAPITAL FUNDING TRUST VII 1.26 $41,546,905 74928P207 XNYS Financials 1.00
O/PE REALTY INCOME CORP 0.36 $11,901,560 756109708 XNYS Financials 1.00
RF/PZ REGIONS FINANCING TRUST III 0.46 $15,005,572 7591EM107 XNYS Financials 1.00
RNR/PD RENAISSANCERE 0.63 $20,773,834 B1L87D1 XNYS 1.00
REP/PA REPSOL INTERNATIONAL CAPITAL LTD 1.20 $39,422,184 2117049 XNYS 1.00
RBS/PT ROYAL BANK OF SCOTLAND GROUP PLC 0.77 $25,336,698 780097713 XNYS Financials 1.00
STD/PC SANTANDER FIN PFD SA UNI 0.85 $27,953,486 80281R805 XNYS Financials 1.00
STD/PA SANTANDER FIN PFD SA UNI 0.41 $13,569,210 80281R706 XNYS Financials 1.00
STD/PB SANTANDER FIN PFD SA UNI 0.37 $12,165,610 80281R888 XNYS Financials 1.00
STI/PZ SUNTRUST CAPITAL IX 1.09 $35,849,600 867885105 XNYS Financials 1.00
UBS/PD UBS PREF FDG TR 0.57 $18,651,335 90263W201 XNYS Financials 1.00
USB/PL US BANCORP 0.67 $22,156,248 902973882 XNYS Financials 1.00
USB/PJ USB CAPITAL XI 2.13 $70,132,494 903300200 XNYS Financials 1.00
USB/PK USB CAPITAL XII 0.52 $17,089,083 903305209 XNYS Financials 1.00
WNA/P WACHOVIA PFD 0.49 $16,084,735 92977V206 XNYS Financials 1.00
WB/PB WACHOVIA TR IV 1.11 $36,644,980 92978U207 XNYS Financials 1.00
WFC/PJ WELLS FARGO & CO 1.27 $41,690,787 949746879 XNYS Financials 1.00
WSF WELLS FARGO CAP 4.69 $154,335,282 94976Y207 XNYS Financials 1.00
ZB/PB ZIONS CAPITAL TRUST B 0.62 $20,356,729 989703202 XNYS Financials 1.00