AUM $1.40BER 0.55%NAV $19.05Holdings 148Inception Jul 2017
Price Chart
Key Statistics
Previous Close
$19.09Day Range
$19.06$19.10
52-Week Range
$18.48$19.28
Avg Volume
226.3KDividend Yield
4.96%Expense Ratio
0.55%AUM
$1.40BShares Outstanding
75.7METF 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 | 65.82% |
| Canada | 23.97% |
| Japan | 5.13% |
| United Kingdom | 2.79% |
| France | 1.10% |
| Other | 0.63% |
| Germany | 0.36% |
| Australia | 0.19% |
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 148 securities in its portfolio. It falls under the Financial Services category.
Top 10 holdings represent 21.7% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | METLIFE INC SUBORDINATED 03/56 VAR | 2.91% | 42,800,000 | $42.3M |
| 2 | — | BANK OF AMERICA CORP JR SUBORDINA 12/99 VAR | 2.58% | 36,795,000 | $37.6M |
| 3 | — | BANK OF NOVA SCOTIA JR SUBORDINA 10/82 VAR | 2.57% | 35,728,000 | $37.4M |
| 4 | — | TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.54% | 35,515,000 | $36.9M |
| 5 | — | JPMORGAN CHASE + CO JR SUBORDINA 12/99 VAR | 2.42% | 34,006,000 | $35.1M |
| 6 | — | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 2.08% | 29,654,000 | $30.2M |
| 7 | — | ENBRIDGE INC SUBORDINATED 01/84 VAR | 1.88% | 23,911,000 | $27.4M |
| 8 | — | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 1.70% | 24,688,000 | $24.7M |
| 9 | — | BANK OF MONTREAL JR SUBORDINA 11/84 VAR | 1.53% | 21,200,000 | $22.3M |
| 10 | — | WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 1.53% | 21,247,000 | $22.2M |
| 11 | — | ENERGY TRANSFER LP JR SUBORDINA 02/56 VAR | 1.46% | 20,950,000 | $21.3M |
| 12 | — | M+T BANK CORPORATION JR SUBORDINA 12/99 VAR | 1.43% | 21,172,000 | $20.8M |
| 13 | — | ROYAL BANK OF CANADA JR SUBORDINA 11/85 VAR | 1.39% | 20,450,000 | $20.3M |
| 14 | — | GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR | 1.39% | 19,334,000 | $20.2M |
| 15 | — | PRUDENTIAL FINANCIAL INC JR SUBORDINA 10/50 VAR | 1.37% | 21,487,000 | $19.9M |
Page 1 of 3
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +0.00% | |
| 1W | +0.05% | |
| 1M | +1.92% | |
| 3M | -0.42% | |
| 6M | -0.52% | |
| YTD | +0.00% | |
| 1Y | +3.24% | |
| 3Y | +12.63% | |
| 5Y | -7.42% |
Moving Averages
20-Day MA
$18.96
Above 20-Day MA50-Day MA
$19.02
Above 50-Day MA200-Day MA
$19.04
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$19.28
Current Price
$19.09
52-Week Low
$18.48
$18.48$19.28
Current Yield
4.96%
Annual Dividend
$0.3323
Frequency
12x/year
Last Ex-Date
Apr 1, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| 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 |
| Nov 1, 2024 | $0.0738 | Nov 5, 2024 |
| Oct 1, 2024 | $0.0730 | Oct 3, 2024 |
| Sep 3, 2024 | $0.0714 | Sep 5, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | PREF | Financial Services(805 ETFs) | Preferred Stock(30 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.55% | 0.68% | 0.59% |
| AUM | $1.40B | $3.95B | $1.37B |
| Dividend Yield | 4.96% | 4.64% | 9.69% |
| Avg Volume | 226.3K | 805.2K | 381.6K |
| Holdings | 148 | 295 | 153 |
| Performance | |||
| 1-Month Return | +0.95% | +4.86% | +2.06% |
| 6-Month Return | -0.10% | +5.03% | -1.09% |
| YTD Return | +0.10% | +4.37% | +0.39% |
| 1-Year Return | +3.13% | +21.51% | +3.95% |
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