AUM $1.70BER 0.55%NAV $18.87Holdings 159Inception Jul 2017
Price Chart
Key Statistics
Previous Close
$18.87Day Range
$18.85$18.88
52-Week Range
$18.64$19.28
Avg Volume
236.4KDividend 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 | 66.46% |
| Canada | 23.53% |
| Japan | 4.88% |
| United Kingdom | 2.95% |
| France | 1.49% |
| Other | 0.38% |
| Germany | 0.29% |
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 20.2% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | 2.73% | 47,795,000 | $48.0M |
| 2 | — | METLIFE INC SUBORDINATED 03/56 VAR | 2.41% | 43,400,000 | $42.5M |
| 3 | — | ENBRIDGE INC SUBORDINATED 01/84 VAR | 2.35% | 36,411,000 | $41.4M |
| 4 | — | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.07% | 35,515,000 | $36.5M |
| 5 | — | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | 1.97% | 34,006,000 | $34.6M |
| 6 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR | 1.84% | 31,228,000 | $32.4M |
| 7 | — | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 1.84% | 31,927,000 | $32.3M |
| 8 | — | M+T BANK CORPORATION JR SUBORDINA 12/99 VAR | 1.70% | 30,129,000 | $29.9M |
| 9 | — | CHARLES SCHWAB CORP JR SUBORDINA 12/99 VAR | 1.67% | 29,750,000 | $29.4M |
| 10 | — | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 1.61% | 27,497,000 | $28.4M |
| 11 | — | TRUIST FINANCIAL CORP JR SUBORDINA 12/99 VAR | 1.51% | 26,800,000 | $26.5M |
| 12 | — | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR | 1.49% | 28,387,000 | $26.2M |
| 13 | — | ELECTRICITE DE FRANCE SA JR SUBORDINA 144A 12/99 VAR | 1.48% | 22,550,000 | $26.1M |
| 14 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/85 VAR | 1.46% | 25,950,000 | $25.8M |
| 15 | — | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 1.40% | 24,698,000 | $24.7M |
Page 1 of 4
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.03% | |
| 1W | -0.40% | |
| 1M | -0.92% | |
| 3M | -0.92% | |
| 6M | -1.54% | |
| YTD | -1.13% | |
| 1Y | -0.34% | |
| 3Y | +9.29% | |
| 5Y | -9.08% |
Moving Averages
20-Day MA
$18.96
Below 20-Day MA50-Day MA
$18.97
Below 50-Day MA200-Day MA
$19.04
Below 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.28
Current Price
$18.88
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(767 ETFs) | Preferred Stock(30 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.67% | 0.59% |
| AUM | $1.70B | $3.27B | $1.37B |
| Dividend Yield | 4.96% | 4.72% | 9.69% |
| Avg Volume | 236.4K | 1.2M | 352.1K |
| Holdings | 159 | 230 | 155 |
| Performance | |||
| 1-Month Return | -0.81% | +0.44% | -0.67% |
| 6-Month Return | -0.40% | +8.18% | -0.90% |
| YTD Return | -1.02% | +7.08% | -2.09% |
| 1-Year Return | -0.76% | +6.95% | -2.74% |
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