InfraCap, the company that produces the highly popular leveraged monthly-distribution-paying MLP ETF (AMZA), also has a leveraged ETF that holds preferred stock (PFFA). PFFA employs broad diversification, holding more than 100 preferred securities issued by U.S. companies with market caps of over $100 million.
It's similar to AMZA in that the primary focus is on current income with a secondary objective of capital appreciation, it's actively managed (basing its security selections and weightings on quantitative, qualitative, and relative valuation factors), it enhances its yield and potential for total returns by using