PREFPrincipal Spectrum Preferred Securities Active ETF
Seeks current income.
By Principal Funds · Launched 2017
Annual Cost
0.55%
#3,020 of 6,040 · average
Fund Size
$1.9B
#823 of 6,040 · large
Return (1Y)
+2.8%
Track Record
9 years
#1,569 of 6,040 · established
Performance
Total-return NAV · USDGrowth of $10,000
$10,268+2.7%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
By weightConcentration
Top 10 holdings = 23.6% of funddiversified
Principal Funds, Inc - Government Money Market Fund
3.1%
METLIFE INC
2.9%
BANK OF NOVA SCOTIA
2.6%
BANK OF AMERICA CORP
2.6%
TORONTO-DOMINION BANK
2.5%
JPMORGAN CHASE & CO
2.4%
PNC FINANCIAL SERVICES
2.0%
BANK OF AMERICA CORP
1.9%
ENBRIDGE INC
1.8%
HUNTINGTON BANCSHARES
1.7%
Asset allocation
Bonds
61.7%
Preferred
38.0%
Convertible
4.2%
Cash
0.4%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
3.2%Low
Year-on-year price swings
Max drawdown
-23.0%Moderate
Worst peak-to-trough loss
Sharpe (3Y)
1.21Strong risk-adjusted returns
Sortino (3Y)
1.79Good downside protection
Bond profile
Duration
6.6 years
Avg maturity
10.1 years
Credit ratings
A
5.2%
BBB
61.5%
BB
33.3%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income.
- Strategy
- Actively manages a portfolio primarily invested in preferred securities, focusing on those issued by U.S. and non-U.S. financial services companies. Concentrates investments in the financial services sector, including banking and insurance, and may include below-investment-grade securities.
- Inception date
- July 10, 2017
- Fund family
- Principal Funds
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Data updated on 2026-09-18