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    Principal Preferred Securities Inst (PPSIX)

    10.26 Up 0.01(0.10%) Nov 25
    Prev Close:10.25
    YTD Return*:4.61%
    Net Assets*:5.03B

    * As of 31-Oct-15

    Quotes delayed, except where indicated otherwise. Currency in USD.


    • No Headlines available for PPSIX at this time.

    Top Holdings

    Symbol% AssetsYTD Return %
    Jpmorgan Chase FRN2.97N/A
    General Elec Cap FRN2.06N/A
    Rabobank Nederland 144A FRN1.80N/A
    Qbe Cap Fdg Iii 144A FRN1.78N/A
    Centaur Fdg Pfd 144A1.76N/A

    Fund Basics

    Morningstar Overall Rating:
    Total Assets:5.03B
    Category:Preferred Stock
    Annual Report Expense Ratio (net):0.76%

    Performance & Risk

    YTD Return:4.61%
    5y Avg Return:7.48%
    Rank in Category (ytd):28
    % Rank in Category (ytd):63.64%
    Beta (3y):0.82
    Morningstar Risk Rating:2

    Fund Summary

    The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of each purchase. It concentrates its investments (invests more than 25% of its net assets) in securities in the U.S. and non-U.S. financial services (i.e., banking, insurance and commercial finance,) industry. The fund also regularly invests in the real estate investment trust (i.e. REIT) and utility industries. This strategy seeks to produce gains regardless of the directional movement of U.S. Treasuries, credit spreads and interest rates while mitigating volatility. View More
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