AUM $1.90BER 0.55%NAV $18.37Holdings 170Inception Jul 2017
Price Chart
Key Statistics
Previous Close
$18.32Day Range
$18.27$18.32
52-Week Range
$18.27$19.28
Avg Volume
541.5KDividend Yield
4.96%Expense Ratio
0.55%AUM
$1.90BShares 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 | 67.41% |
| Canada | 23.49% |
| Japan | 4.99% |
| United Kingdom | 2.47% |
| France | 1.38% |
| Germany | 0.26% |
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 $1.90B in assets under management. The fund charges an expense ratio of 0.55%. The fund holds 170 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 18.8% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | 2.66% | 52,435,000 | $51.6M |
| 2 | — | ENBRIDGE INC SUBORDINATED 01/84 VAR | 2.24% | 39,779,000 | $43.4M |
| 3 | — | METLIFE INC SUBORDINATED 03/56 VAR | 2.11% | 43,400,000 | $40.8M |
| 4 | — | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 1.87% | 35,615,000 | $36.3M |
| 5 | — | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 1.78% | 34,727,000 | $34.5M |
| 6 | — | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | 1.74% | 34,006,000 | $33.7M |
| 7 | — | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR | 1.71% | 34,450,000 | $33.1M |
| 8 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR | 1.65% | 31,228,000 | $32.0M |
| 9 | — | M+T BANK CORPORATION JR SUBORDINA 12/99 VAR | 1.56% | 30,129,000 | $30.3M |
| 10 | — | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 1.44% | 27,547,000 | $27.9M |
| 11 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/85 VAR | 1.42% | 28,950,000 | $27.5M |
| 12 | — | METLIFE INC JR SUBORDINA 144A 04/68 9.25 | 1.40% | 24,060,000 | $27.2M |
| 13 | — | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 1.40% | 27,898,000 | $27.1M |
| 14 | — | ENERGY TRANSFER LP JR SUBORDINA 02/56 VAR | 1.35% | 26,900,000 | $26.1M |
| 15 | — | TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR | 1.34% | 26,800,000 | $25.9M |
Page 1 of 4
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | -0.19% | |
| 1W | +0.11% | |
| 1M | -1.93% | |
| 3M | -3.05% | |
| 6M | -4.14% | |
| YTD | -4.14% | |
| 1Y | -4.24% | |
| 3Y | +12.06% | |
| 5Y | -11.08% |
Moving Averages
20-Day MA
$18.33
Below 20-Day MA50-Day MA
$18.58
Below 50-Day MA200-Day MA
$18.90
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.28
Current Price
$18.29
52-Week Low
$18.27
$18.27$19.28
Current Yield
4.96%
Annual Dividend
$0.3428
Frequency
12x/year
Last Ex-Date
Sep 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| Sep 1, 2026 | $0.0864 | Sep 3, 2026 |
| Aug 3, 2026 | $0.0878 | Aug 5, 2026 |
| 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 |
Dividend Payments Over Time
Category Comparison
| Metric | PREF | Financial Services(764 ETFs) | Preferred Stock(30 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.69% | 0.58% |
| AUM | $1.90B | $3.58B | $1.30B |
| Dividend Yield | 4.96% | 4.83% | 9.73% |
| Avg Volume | 541.5K | 879.6K | 715.8K |
| Holdings | 170 | 238 | 174 |
| Performance | |||
| 1-Month Return | -1.93% | -2.11% | -3.27% |
| 6-Month Return | -3.09% | +0.40% | -5.54% |
| YTD Return | -4.04% | +4.92% | -6.42% |
| 1-Year Return | -4.24% | +2.22% | -7.63% |
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