Principal Spectrum Preferred Securities Active ETFPrincipal Spectrum Preferred Securities Active ETFPrincipal Spectrum Preferred Securities Active ETF

Principal Spectrum Preferred Securities Active ETF

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Key stats

Assets under management (AUM)
‪907.61 M‬USD
Fund flows (1Y)
‪265.88 M‬USD
Dividend yield (indicated)
4.62%
Discount/Premium to NAV
0.5%

About Principal Spectrum Preferred Securities Active ETF

Issuer
Principal Financial Group, Inc.
Brand
Principal
Expense ratio
0.55%
Inception date
Jul 10, 2017
Index tracked
No Underlying Index
Management style
Active
PREF is an actively managed fund focusing primarily on $1,000 par preferred securities. Securities like these are usually issued in large, institutional lot sizes, typically by US and non-US financial services companies and other corporations. The fund is expected to have a high concentration of assets in the financial services sector, but is not limited to a specific industry nor even to a specific geography. Hence, investors should be aware of the potential for diverse exposure. The fund may also invest in below investment grade preferred securities.

Classification

Asset Class
Fixed income
Category
Corporate, preferred
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Corporate
Stocks60.65%
Finance54.39%
Utilities5.44%
Miscellaneous0.82%
Bonds, Cash & Other39.35%
Corporate38.03%
Mutual fund1.09%
Structured0.23%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy