The Principal Spectrum Preferred Securities Active ETF (PREF) is an actively-managed fund that seeks to invest in preferred securities that offer attractive yields, diversification and reduced risk compared with other fixed-income funds. The portfolio team at Principal also seeks out securities that have variable or floating interest rates that might result in increased coupons and help manage interest rate risk. PREF’s management fee is below average for the ETFdb preferred stock/ convertible bond ETF category.
| Segment | Fixed Income: Global - Corporate, Preferred |
| Category | Corporate, Preferred |
| Focus | Broad Credit |
| Niche | Broad Maturities |
| Strategy | Active |
| Weighting Scheme | Proprietary |
This section compares how balanced and deep this ETF is relative to its peers.
| PREF | ETF Database Category Average | |
|---|---|---|
| Number of Holdings | 157 | 197 |
| % of Assets in Top 10 | 20.92% | 22.79% |
| % of Assets in Top 15 | 28.36% | 29.76% |
| % of Assets in Top 50 | 63.69% | 61.89% |
| PREF | ETF Database Category Average | |
|---|---|---|
| Large (>12.9B) | N/A | 0.48% |
| Mid (>2.7B) | N/A | 0.22% |
| Small (>600M) | N/A | 0.00% |
| Micro (<600M) | N/A | 0.00% |
This section compares the P/E ratio of this ETF to its peers.
This section compares the dividend yield of this ETF to its peers.
| PREF | ETF Database Category Average | FactSet Segment Average | |
|---|---|---|---|
| Dividend | $ 0.08 | $ 0.09 | $ 0.13 |
| Dividend Date | 2026-06-01 | N/A | N/A |
| Annual Dividend Rate | $ 0.98 | $ 1.18 | $ 1.35 |
| Annual Dividend Yield | 5.15% | 5.19% | 5.04% |
View charts featuring PREF price and volume data.
View charts featuring ETF fund flow data.
5 Day Net Flows: 225.17 M 1 Month Net Flows: 246.94 M 3 Month Net Flows: 276.4 M 6 Month Net Flows: 346.03 M 1 Year Net Flows: 526.07 M 3 Year Net Flows: 1.06 B 5 Year Net Flows: 1.35 B 10 Year Net Flows: 1.66 BView charts that break down the influence that fund flows and price had on overall assets.
5 Day Net AUM Change: 224.92 MThe adjacent table gives investors an individual Realtime Rating for PREF on several different metrics, including liquidity, expenses, performance, volatility, dividend, concentration of holdings in addition to an overall rating. The "A+ Metric Rated ETF" field, available to ETF Database Pro members, shows the ETF in the Preferred Stock/Convertible Bonds with the highest Metric Realtime Rating for each individual field. To view all of this data, sign up for a free 14-day trial for ETF Database Pro. To view information on how the ETF Database Realtime Ratings work, click here.
This section compares the cost efficiency of this ETF to its peers.
| Max ST Capital Gains Rate | 39.60% |
| Max LT Capital Gains Rate | 20.00% |
| Tax On Distributions | Ordinary income |
| Distributes K1 | No |
This section shows how this ETF has performed relative to its peers. Returns over 1 year are annualized.
| PREF |
ETF Database
Category Average |
|
|---|---|---|
| 1 Month Return | 0.54% | 1.84% |
| 3 Month Return | 0.44% | 4.16% |
| YTD Return | 1.77% | 7.31% |
| 1 Year Return | 6.95% | 16.67% |
| 3 Year Return | 9.38% | 8.82% |
| 5 Year Return | 3.16% | 2.18% |
The following charts reflect the geographic spread of PREF's underlying holdings.
The following charts reflect the allocation of PREF's underlying holdings.
| Asset | Percentage |
|---|---|
| U.S. Listed Bonds | 54.93% |
| International Bonds | 40.94% |
| Cash | 4.13% |
| Sector | Percentage |
|---|---|
| Finance | 75.77% |
| Utilities | 13.98% |
| Industrial Services | 6.05% |
| Communications | 1.96% |
| Energy Minerals | 1.69% |
| Miscellaneous | 0.53% |
| CASH | 0.01% |
| Market Cap | Percentage |
|---|---|
| Large | 0.0% |
| Mid | 0.0% |
| Small | 0.0% |
| Micro | 0.0% |
| Region | Percentage |
|---|---|
| Other | 74.48% |
| North, Central and South America | 18.37% |
| Europe | 7.14% |
| Region | Percentage |
|---|
| Country | Percentage |
|---|---|
| United States | 67.11% |
| Canada | 23.01% |
| Japan | 4.88% |
| United Kingdom | 3.06% |
| France | 1.19% |
| Other | 0.46% |
| Germany | 0.3% |
| Credit | Percentage |
|---|---|
| AAA | 0.0% |
| AA | 0.0% |
| A | 0.0% |
| BBB | 0.0% |
| BB | 0.0% |
| B | 0.0% |
| Below B | 0.0% |
| Not Rated | 0.0% |
| Maturity | Percentage |
|---|---|
| Less Than 1 Year | 0.0% |
| 1-3 Years | 0.0% |
| 3-5 Years | 0.0% |
| 5-7 Years | 0.0% |
| 7-10 Years | 0.0% |
| 10-15 Years | 0.0% |
| 15-20 Years | 0.0% |
| 20-30 Years | 0.0% |
| 30+ Years | 0.0% |
| Maturity | Percentage |
|---|---|
| Less Than 1 Year | 0.0% |
| 1-3 Years | 0.0% |
| 3-5 Years | 0.0% |
| 5-7 Years | 0.0% |
| 7-10 Years | 0.0% |
| 10-15 Years | 0.0% |
| 15-20 Years | 0.0% |
| 20-30 Years | 0.0% |
| 30+ Years | 0.0% |
| Asset | Percentage |
|---|---|
| U.S. Listed Bonds | 54.93% |
| International Bonds | 40.94% |
| Cash | 4.13% |
This section shows how the volatility of this ETF compares to the peer group ETF Database Category.
| 5 Day Volatility | 3.77% |
| 20 Day Volatility | 2.31% |
| 50 Day Volatility | 4.29% |
| 200 Day Volatility | 3.76% |
| Beta | 0.31 |
| Standard Deviation | 0.33% |
ETF Database's Financial Advisor Reports are designed as an easy handout for clients to explain the key information on a fund. Includes new analyst insights and classification data.
Fact sheets are issued by the ETF provider and framed by ETF Database. Information contained within the fact sheet is not guaranteed to be timely or accurate.
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