AUM $1.70BER 0.55%NAV $18.87Holdings 159Inception Jul 2017
Price Chart
Key Statistics
Previous Close
$18.86Day Range
$18.86$18.87
52-Week Range
$18.64$19.28
Avg Volume
243.3KDividend Yield
4.96%Expense Ratio
0.55%AUM
$1.70BShares Outstanding
77.5METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 66.86% |
| Canada | 23.52% |
| Japan | 4.90% |
| United Kingdom | 2.67% |
| France | 1.48% |
| Germany | 0.29% |
| Other | 0.28% |
Fund Information
- Issuer
- Principal Funds
- Category
- Financial Services
- Inception Date
- Jul 9, 2017
- Exchange
- NYSE_ARCA
- Description
- The investment seeks to provide current income. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities.
Similar ETFs
The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund issued by Principal Funds that launched on Jul 9, 2017. It currently manages $1.70B in assets under management. The fund charges an expense ratio of 0.55%. The fund holds 159 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 19.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | 2.75% | 50,795,000 | $50.8M |
| 2 | — | ENBRIDGE INC SUBORDINATED 01/84 VAR | 2.39% | 39,011,000 | $44.1M |
| 3 | — | METLIFE INC SUBORDINATED 03/56 VAR | 2.29% | 43,400,000 | $42.2M |
| 4 | — | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.02% | 36,215,000 | $37.3M |
| 5 | — | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 1.91% | 34,727,000 | $35.2M |
| 6 | — | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | 1.88% | 34,006,000 | $34.6M |
| 7 | — | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR | 1.79% | 33,450,000 | $33.0M |
| 8 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR | 1.75% | 31,228,000 | $32.4M |
| 9 | — | M+T BANK CORPORATION JR SUBORDINA 12/99 VAR | 1.63% | 30,129,000 | $30.0M |
| 10 | — | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 1.54% | 27,497,000 | $28.4M |
| 11 | — | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 1.51% | 27,898,000 | $27.8M |
| 12 | — | METLIFE INC JR SUBORDINA 144A 04/68 9.25 | 1.50% | 24,010,000 | $27.7M |
| 13 | — | TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR | 1.43% | 26,800,000 | $26.5M |
| 14 | — | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR | 1.41% | 28,387,000 | $26.1M |
| 15 | — | ELECTRICITE DE FRANCE SA JR SUBORDINA 144A 12/99 VAR | 1.41% | 22,550,000 | $26.0M |
Page 1 of 4
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.03% | |
| 1W | +0.45% | |
| 1M | +0.03% | |
| 3M | -0.89% | |
| 6M | -1.95% | |
| YTD | -1.18% | |
| 1Y | -0.71% | |
| 3Y | +10.71% | |
| 5Y | -9.35% |
Moving Averages
20-Day MA
$18.84
Above 20-Day MA50-Day MA
$18.92
Below 50-Day MA200-Day MA
$19.01
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.28
Current Price
$18.86
52-Week Low
$18.64
$18.64$19.28
Current Yield
4.96%
Annual Dividend
$0.3369
Frequency
12x/year
Last Ex-Date
Jul 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Jul 1, 2026 | $0.0843 | Jul 6, 2026 |
| Jun 1, 2026 | $0.0843 | Jun 3, 2026 |
| May 1, 2026 | $0.0843 | May 5, 2026 |
| Apr 1, 2026 | $0.0840 | Apr 6, 2026 |
| Mar 2, 2026 | $0.0833 | Mar 4, 2026 |
| Feb 2, 2026 | $0.0810 | Feb 4, 2026 |
| Dec 29, 2025 | $0.0840 | Dec 31, 2025 |
| Dec 1, 2025 | $0.0827 | Dec 3, 2025 |
| Nov 3, 2025 | $0.0839 | Nov 5, 2025 |
| Oct 1, 2025 | $0.0802 | Oct 3, 2025 |
| Sep 2, 2025 | $0.0765 | Sep 4, 2025 |
| Aug 1, 2025 | $0.0776 | Aug 5, 2025 |
| Jul 1, 2025 | $0.0760 | Jul 3, 2025 |
| Jun 2, 2025 | $0.0738 | Jun 4, 2025 |
| May 1, 2025 | $0.0728 | May 5, 2025 |
| Apr 1, 2025 | $0.0713 | Apr 3, 2025 |
| Mar 3, 2025 | $0.0774 | Mar 5, 2025 |
| Feb 3, 2025 | $0.0733 | Feb 5, 2025 |
| Dec 27, 2024 | $0.0721 | Dec 31, 2024 |
| Dec 2, 2024 | $0.0728 | Dec 4, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | PREF | Financial Services(803 ETFs) | Preferred Stock(30 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.66% | 0.58% |
| AUM | $1.70B | $4.19B | $1.37B |
| Dividend Yield | 4.96% | 4.74% | 9.69% |
| Avg Volume | 243.3K | 809.5K | 379.2K |
| Holdings | 159 | 261 | 158 |
| Performance | |||
| 1-Month Return | -0.11% | +2.52% | +0.23% |
| 6-Month Return | -0.63% | +7.03% | -0.78% |
| YTD Return | -1.10% | +9.88% | -1.62% |
| 1-Year Return | -1.10% | +8.83% | -1.82% |
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