---
ticker: "EPRF"
name: "Innovator S&P Inv. Grade Preferred ETF"
url: "https://etf.net/etf/EPRF"
grade: "C"
score: 50
graded_at: "2026-10-12"
category: "Preferred Securities"
category_rank: "20 of 31"
methodology: "https://etf.net/methodology"
---

# EPRF: Innovator S&P Inv. Grade Preferred ETF

Grade **C**, Score 50 of 100. Rank 20 of 31 in Preferred Securities.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 75 | 6 of 31 |
| Mission | 58 | 18 of 26 |
| Risk | 15 | 31 of 31 |
| Tradability | 31 | 23 of 31 |
| Holdings | 32 | 27 of 29 |
| Durability | 59 | 15 of 31 |

## Top holdings

The fund holds 80 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Ares Management Corp 6.75% 10/01/2027 | 4.48% |
| 2 | — | KKR & Co Inc 6.25% 03/01/2028 | 4.38% |
| 3 | VOYA-PB | Voya Financial Inc 5.35% 09/15/2175 | 4.13% |
| 4 | NTRSO | Northern Trust Corp 4.7% 10/01/2175 | 4.12% |
| 5 | — | Bank of New York Mellon Corp/The 6.15% 09/21/2175 | 4.07% |
| 6 | UMBFO | UMB Financial Corp 7.75% 10/15/2174 | 4.04% |
| 7 | — | Agree Realty Corp | 3.95% |
| 8 | CFR-PB | Cullen/Frost Bankers Inc 4.45% 09/15/2175 | 3.94% |
| 9 | AXS-PE | Axis Capital Holdings Ltd 5.5% 10/15/2174 | 3.83% |
| 10 | STT-PG | State Street Corp 5.35% 09/15/2175 | 3.82% |
| 11 | HIG-PG | Hartford Insurance Group Inc/The 6% 08/17/2175 | 3.65% |
| 12 | KIM-PL | Kimco Realty Corp 5.125% 10/15/2174 | 2.03% |
| 13 | ACGLO | Arch Capital Group Ltd 5.45% 09/30/2175 | 2.01% |
| 14 | — | Equitable Holdings Inc 4.3% 09/15/2175 | 2.01% |
| 15 | KIM-PM | Kimco Realty Corp 5.25% 10/15/2174 | 2.00% |
| 16 | RNR-PG | RenaissanceRe Holdings Ltd 4.2% 09/01/2175 | 1.97% |
| 17 | RNR-PF | RenaissanceRe Holdings Ltd 5.75% 09/01/2175 | 1.94% |
| 18 | ACGLN | Arch Capital Group Ltd 4.55% 09/30/2175 | 1.94% |
| 19 | — | Equitable Holdings Inc 5.25% 09/15/2175 | 1.93% |
| 20 | SCHW-PJ | Charles Schwab Corp/The 4.45% 09/01/2175 | 1.89% |
| 21 | SCHW-PD | Charles Schwab Corp/The 5.95% 09/01/2175 | 1.84% |
| 22 | TFC-PI | Truist Financial Corp 4% 09/15/2175 | 1.46% |
| 23 | MET-PA | MetLife Inc 0% 09/15/2175 | 1.41% |
| 24 | AHL-PE | Aspen Insurance Holdings Ltd 5.625% 10/01/2175 | 1.31% |
| 25 | — | Aspen Insurance Holdings Ltd 7% 10/01/2175 | 1.31% |
| 26 | AHL-PD | Aspen Insurance Holdings Ltd 5.625% 10/01/2175 | 1.31% |
| 27 | TFC-PR | Truist Financial Corp 4.75% 09/01/2175 | 1.26% |
| 28 | MET-PF | MetLife Inc 4.75% 09/15/2175 | 1.26% |
| 29 | TFC-PO | Truist Financial Corp 5.25% 09/01/2175 | 1.25% |
| 30 | MET-PE | MetLife Inc 5.625% 09/15/2175 | 1.25% |

Source: etf.net, https://etf.net/etf/EPRF. Please cite the page URL.