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PQDIPrincipal Spectrum Preferred and Income ETF

Get income6y track recordRanked #1,028 of 1,706 in this goal

Seeks to provide current income.

By Principal Funds · Launched 2020

Annual Cost

0.60%

#3,337 of 6,040 · average

Fund Size

$111M

#2,990 of 6,040 · mid-size

Return (1Y)

+2.3%

Track Record

6 years

#2,104 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,242+2.4%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Option income

Focus

CoCo Bonds

Holdings

By weight

Concentration

Top 10 holdings = 27.5% of funddiversified

ING GROEP NV
3.5%
STATE STREET CORP
3.5%
CITIGROUP INC
3.4%
NORDEA BANK ABP
2.8%
BANK OF AMERICA CORP
2.5%
BANK OF MONTREAL
2.4%
CREDIT AGRICOLE SA
2.4%
GOLDMAN SACHS GROUP INC
2.4%
DOMINION ENERGY INC
2.4%
PNC FINANCIAL SERVICES
2.2%

Asset allocation

Bonds
51.7%
Preferred
47.9%
Cash
0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
3.4%Low

Year-on-year price swings

Max drawdown
-17.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
1.26Strong risk-adjusted returns
Sortino (3Y)
1.88Good downside protection

Bond profile

Duration

7.6 years

Avg maturity

10.3 years

Credit ratings

A
2.0%
BBB
61.8%
BB
36.3%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks to provide current income.
Strategy
Invests primarily in preferred securities and other income-producing securities, including investment-grade and below-investment-grade securities, to generate current income. Concentrates investments in the financial services sector, including banking and insurance, and may use derivatives for hedging and income generation.
Inception date
June 16, 2020
Fund family
Principal Funds

Next steps

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Data updated on 2026-09-18