AUM$1.40B
Expense Ratio0.55%
NAV$19.09
Holdings143
InceptionJul 9, 2017
Price Chart
Key Statistics
Previous Close
$18.95Day Range
$18.97$19.00
52-Week Range
$18.21$19.27
Avg Volume
200.1KDividend Yield
4.96%Expense Ratio
0.55%AUM
$1.40BShares Outstanding
76.9MSector Breakdown
| Sector | Weight % |
|---|---|
| Financial Services | 100.00% |
Country Allocation
| Country | Weight % |
|---|---|
| United States | 64.74% |
| Canada | 24.21% |
| Japan | 5.14% |
| United Kingdom | 2.78% |
| France | 1.11% |
| Ireland | 0.50% |
| Other | 0.49% |
| Netherlands | 0.46% |
| Germany | 0.37% |
| Australia | 0.20% |
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 $1.40B in assets under management. The fund charges an expense ratio of 0.55%. The fund holds 143 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 21.9% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | METLIFE INC SUBORDINATED 03/56 VAR | 2.97% | 42,800,000 | $42.7M |
| 2 | — | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | 2.63% | 36,795,000 | $37.8M |
| 3 | — | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.58% | 35,515,000 | $37.1M |
| 4 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR | 2.54% | 34,728,000 | $36.5M |
| 5 | — | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | 2.45% | 34,006,000 | $35.2M |
| 6 | — | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 2.03% | 28,250,000 | $29.2M |
| 7 | — | ENBRIDGE INC SUBORDINATED 01/84 VAR | 1.89% | 23,561,000 | $27.1M |
| 8 | — | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 1.72% | 24,688,000 | $24.6M |
| 9 | — | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 1.55% | 21,247,000 | $22.3M |
| 10 | — | BANK OF MONTREAL JR SUBORDINA 11/84 VAR | 1.54% | 21,200,000 | $22.1M |
| 11 | — | GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR | 1.43% | 19,334,000 | $20.6M |
| 12 | — | ENERGY TRANSFER LP JR SUBORDINA 02/56 VAR | 1.40% | 19,800,000 | $20.1M |
| 13 | — | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR | 1.39% | 21,487,000 | $20.0M |
| 14 | — | M+T BANK CORPORATION JR SUBORDINA 12/99 VAR | 1.39% | 20,172,000 | $19.9M |
| 15 | — | ROYAL BANK OF CANADA JR SUBORDINA 11/85 VAR | 1.36% | 19,850,000 | $19.6M |
Page 1 of 3
Detailed Returns
| Period | Return | ETF | Cat. Avg | vs Avg |
|---|---|---|---|---|
| 1D | +0.13% | — | ||
| 1W | -0.79% | — | ||
| 1M | -0.99% | — | ||
| 3M | -0.52% | — | ||
| 6M | -0.84% | — | ||
| YTD | -0.73% | — | ||
| 1Y | +1.72% | — | ||
| 3Y | +11.80% | — | ||
| 5Y | -6.70% | — |
Moving Averages
20-Day MA
$19.16
Below 20-Day MA50-Day MA
$19.13
Below 50-Day MA200-Day MA
$19.01
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.27
Current Price
$18.98
52-Week Low
$18.21
$18.21$19.27
Current Yield
4.96%
Annual Dividend
$0.3310
Frequency
12x/year
Last Ex-Date
Mar 2, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 1, 2024 | $0.0738 | Nov 5, 2024 |
| Oct 1, 2024 | $0.0730 | Oct 3, 2024 |
| Sep 3, 2024 | $0.0714 | Sep 5, 2024 |
| Aug 1, 2024 | $0.0717 | Aug 5, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | PREF | Financial Services(780 ETFs) | Preferred Stock(29 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.67% | 0.60% |
| AUM | $1.40B | $3.06B | $1.39B |
| Dividend Yield | 4.96% | 4.52% | 6.05% |
| Avg Volume | 200.1K | 1.4M | 484.7K |
| Holdings | 143 | 277 | 156 |
| Performance | |||
| 1-Month Return | -0.99% | -5.00% | -1.80% |
| 6-Month Return | -0.52% | +1.78% | -2.67% |
| YTD Return | -0.63% | +0.12% | -0.73% |
| 1-Year Return | +1.34% | +14.85% | -0.46% |
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