Zacks Preferred Income ETF
PRIZ
New York Stock Exchange Arca25.06
USD
+0.02
- -
ISIN
US98888G8657
CUSIP
98888G865
Return %
Stock
S&P500
1Y
0.24
20.47
3Y
0.24
70.50
5Y
0.24
72.10
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 101 North Wacker Drive Chicago IL United States of America 60606
- IPO Date
- Jun 2, 2026
- Website
- zacksetfs.com
- Similar Companies
- Business
- Zacks Income ETF and Zacks Preferred Income ETF (PRIZ) are actively managed exchange-traded funds that seek to deliver current income to investors. PRIZ primarily invests in preferred securities, including preferred stock and junior subordinated debt, using a disciplined, research-driven process to identify high-quality securities with attractive income characteristics and resilient credit profiles. The fund targets tax-advantaged income and emphasizes diversification across issuers and sectors within the preferred securities market to mitigate single-name risk. PRIZ employs both quantitative screening and qualitative analysis to construct and manage its portfolio, aiming for consistent distributions while managing risk within a defined income-oriented mandate. Latest major company changes include the launch of PRIZ as part of Zacks Investment Management’s expansion of its actively managed ETF lineup,marking the firm’s first dedicated income-focused strategy alongside its ZINC offering; the launch signals a strategic shift toward income-oriented products designed to provide regular distributions and asset diversification for investors seeking yield in a low-rate environment. The firm announced PRIZ in conjunction with ZINC, highlighting an integrated approach to income generation through differentiated strategies that combine dividend, interest, and income-equity considerations; these launches broaden the company’s product suite and client base, expanding access to outcome-driven income strategies for institutional and retail investors alike. The introduction of PRIZ follows the firm’s broader initiative to offer active management within ETFs, leveraging Zacks’ research-driven framework to identify opportunities in income-oriented securities and to reframe traditional fixed-income exposure through a security-specific lens. Industry and segments include income-focused ETFs and asset-management services, with product offerings centered on fixed income, preferred securities, and multi-asset income strategies; key client segments include institutional investors, wealth managers, and individual investors seeking reliable current income through diversified, rules-based portfolios. Geographic operations are centered in the United States, with listings on major U.S. exchanges and distribution to global investors via authorized participants and global custodians; the parent company, Zacks Investment Management, operates as a wholly owned subsidiary of Zacks Investment Research, contributing research-driven methodologies and capital markets expertise to the ETF lineup. Founding year and headquarters reflect the firm’s long-standing presence in Chicago, Illinois, as the base for development and management of the PRIZ strategy, with ongoing collaboration across the broader Zacks network to support investment research and product development. Sub-advisory relationships and partnerships focus on strategic distribution channels and exchange listings, with ongoing enhancements to product disclosures, distribution mechanics, and tax-advantaged income transparency to accommodate investor needs. The fund’s operational changes in the last 1–2 years include product launches, expanded distribution and marketing efforts, and ongoing updates to risk disclosures and income attribution reporting to reflect tax characteristics and return of capital considerations.