v3.25.3
S000077854 [Member] Average Annual Total Returns
 12 Months Ended 26 Months Ended
Dec. 31, 2024
Dec. 31, 2024
Bloomberg U.S. Aggregate Bond Index (reflects no deduction for fees, expenses or taxes)    
Prospectus [Line Items]    
Average Annual Return, Percent [1] 1.25% 4.52%
Performance Inception Date [1]   Nov. 01, 2022
ICE U.S. Institutional Capital Securities Index (reflects no deduction for fees, expenses or taxes)    
Prospectus [Line Items]    
Average Annual Return, Percent [2] 10.90% 11.07%
Performance Inception Date [2]   Nov. 01, 2022
Preferred Securities and Income Managed Accounts Portfolio Blended Benchmark (reflects no deduction for fees, expenses or taxes)    
Prospectus [Line Items]    
Average Annual Return, Percent [3] 10.81% 9.87%
Performance Inception Date [3]   Nov. 01, 2022
Common Shares    
Prospectus [Line Items]    
Average Annual Return, Percent 11.48% 9.90%
Performance Inception Date   Nov. 01, 2022
Common Shares | After Taxes on Distributions    
Prospectus [Line Items]    
Average Annual Return, Percent 8.90% 7.40%
Performance Inception Date   Nov. 01, 2022
Common Shares | After Taxes on Distributions and Sales    
Prospectus [Line Items]    
Average Annual Return, Percent 8.07% 7.03%
Performance Inception Date   Nov. 01, 2022
[1]
An index designed to measure the performance of the USD-denominated, fixed-rate, U.S. investment grade taxable bond market. The index includes Treasuries, government-related and corporate securities, mortgage-backed securities (MBS), asset-backed securities (ABS) and commercial mortgage-backed securities (CMBS).
[2]
An index designed to measure the performance of investment grade and below investment grade fixed rate and fixed-to-floating rate, USD-denominated hybrid corporate and preferred securities publicly issued in the U.S. domestic market.
[3]
Consists of: 1) 60% ICE U.S. Institutional Capital Securities Index (defined herein), and 2) 40% ICE USD Contingent Capital Index (CDLR) (defined herein).