Principal Spectrum Preferred Securities Active ETF (PREF)
- Previous Close
17.85 - Open
17.90 - Bid 7.22 x 800
- Ask 28.51 x 1100
- Day's Range
17.81 - 17.87 - 52 Week Range
15.19 - 18.23 - Volume
113,009 - Avg. Volume
215,829 - Net Assets 851.11M
- NAV 17.78
- PE Ratio (TTM) --
- Yield 4.53%
- YTD Daily Total Return 2.99%
- Beta (5Y Monthly) 0.78
- Expense Ratio (net) 0.55%
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector.
Principal Funds
Fund Family
Preferred Stock
Fund Category
851.11M
Net Assets
2017-07-10
Inception Date
Performance Overview: PREF
Trailing returns as of 4/22/2024. Category is Preferred Stock.
People Also Watch
Holdings: PREF
Sector Weightings
Related ETF News
Research Reports: PREF
Analyst Report: Newmont Corporation
Newmont is the world's largest gold miner, producing about 6 million attributable ounces of gold in 2022, good for about 5% of global mined output. The company also produced 1.3 million attributable gold equivalent ounces from the sale of byproducts, including copper, silver, zinc, and lead in 2022. It had about two decades of gold reserves along with significant byproduct reserves at end 2022. After buying Goldcorp in 2019 and combining its Nevada mines in a joint venture with competitor Barrick later that year, Newmont’s portfolio includes 12 wholly owned mines and interests in two joint ventures in the Americas, Africa, and Australia.
RatingPrice TargetPTC: Lowering target price to $157.00
PTC INC has an Investment Rating of BUY; a target price of $157.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of High.
RatingPrice TargetAnalyst Report: International Business Machines Corporation
IBM looks to be a part of every aspect of an enterprise’s IT needs. The company primarily sells software, IT services, consulting, and hardware. IBM operates in 175 countries and employs approximately 350,000 people. The company has a robust roster of 80,000 business partners to service 5,200 clients—which includes 95% of all Fortune 500. While IBM is a B2B company, IBM’s outward impact is substantial. For example, IBM manages 90% of all credit card transactions globally and is responsible for 50% of all wireless connections in the world.
RatingPrice TargetMFC: What does Argus have to say about MFC?
MANULIFE FINANCIAL CORP has an Investment Rating of HOLD; a target price of $20.000000; an Industry Subrating of High; a Management Subrating of Medium; a Safety Subrating of Medium; a Financial Strength Subrating of Medium; a Growth Subrating of Medium; and a Value Subrating of Low.
RatingPrice Target