PREF Principal Spectrum Preferred Securities Active ETF

No holdings information is available in our database.

PREF Principal Spectrum Preferred Securities Active ETF

This is an actively managed fund that 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 at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in the financial services (i.e., banking, insurance and commercial finance) industry.

$18.04  -0.04 (-0.22%)
As of 08/08/2022 16:00:00 EST     IEX book   CBOE book

ETF Information
Sponsor:     Principal Funds
Category1:  Special Security Types
Category2:  Preferred stock
Category3:  U.S.
Morningstar category:  Preferred Stock
Leverage factor:  1.00
Inception date:  07/10/2017
Current yield:  4.02%
Historical average yield:  4.75%
Market cap:  $407,243,091
Average volume:  242,020
Fees:     0.5500%
Investment style: Actively managed

2022 © Stock Market MBA, Inc. Terms of use | Privacy policy