How have PREF shares performed in 2024?

Principal Spectrum Preferred Securities Active ETF's stock was trading at $17.51 on January 1st, 2024. Since then, PREF stock has increased by 1.8% and is now trading at $17.83. View the best growth stocks for 2024 here .

How often does Principal Spectrum Preferred Securities Active ETF pay dividends? What is the dividend yield for Principal Spectrum Preferred Securities Active ETF?

Principal Spectrum Preferred Securities Active ETF declared a dividend on Thursday, December 14th. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.0704 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from the stock's previous dividend of $0.06. Read our dividend analysis for PREF .

What does PREF invest in?

Principal Spectrum Preferred Securities Active ETF is a equity fund issued by Principal. PREF focuses on preferred stock investments. The fund's investments total to approximately $838.31 million assets under management.

What is the management fee for Principal Spectrum Preferred Securities Active ETF?

Principal Spectrum Preferred Securities Active ETF's management fee is 0.55% and has no other recorded expenses or fee waivers. The net expense ratio for PREF is 0.55%.

Who are Principal Spectrum Preferred Securities Active ETF's major shareholders?

Principal Spectrum Preferred Securities Active ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (2.51%), Cornerstone Wealth Group LLC (1.48%), Investment Partners LTD. (0.28%), Massmutual Trust Co. FSB ADV (0.30%), Flagstar Advisors Inc. (0.06%) and Pinnacle Bancorp Inc. (0.01%).

How do I buy shares of Principal Spectrum Preferred Securities Active ETF?

Shares of PREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here .

NYSEARCA:PREF

Principal Spectrum Preferred Securities Active ETF (PREF) Price, Holdings, & News

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$17.83

-0.04 (-0.22%)

(As of 04/18/2024 ET)

Compare

Today's Range: $17.82
▼
$17.87
50-Day Range: $17.64
▼
$18.16
52-Week Range: $16.25
▼
$18.23

Volume: 79,953 shs
Average Volume: 251,603 shs
Market Capitalization: $839.79 million

Assets Under Management: $838.31 million
Dividend Yield: 4.61%
Net Expense Ratio: 0.55%

Stock Analysis Chart Dividend Headlines Holdings Ownership

Get Principal Spectrum Preferred Securities Active ETF alerts:

About Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

The Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund with a primary focus on $1,000 par preferred securities. PREF was launched on Jul 10, 2017 and is managed by Principal.

PREF Stock Price History

30 days | 90 days | 365 days | Advanced Chart

PREF ETF News Headlines

April 18, 2024 | finance.yahoo.com

TD Active Preferred Share ETF (TPRF.TO)

April 17, 2024 | msn.com

Prudential Financial, Inc. - Preferred Security (PRH) Price Target Increased by 11.96% to 27.05

April 19, 2024 | InvestorPlace (Ad)

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April 15, 2024 | finance.yahoo.com

Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI)

April 9, 2024 | finance.yahoo.com

PT Asset Management Launches Actively Managed Short-Term Bond ETF (Ticker: STBF)

February 1, 2024 | msn.com

Principal Investment Grade Corporate Active ETF declares $0.0824 dividend

January 9, 2024 | msn.com

Spectrum is hiking prices soon. Here's how much more you'll be paying

November 13, 2023 | uk.investing.com

Principal Spectrum Preferred And Capital Securities Income Fund Class Institutional (PPSIX)

April 19, 2024 | InvestorPlace (Ad)

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October 3, 2023 | investing.com

Principal Real Estate Active Opportunities ETF (BYRE)

See More Headlines

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Fund Details

Issuer: Principal
Fund Name: Principal Spectrum Preferred Securities Active ETF
Tax Classification: Regulated Investment Company
Stock Exchange: NYSEARCA
Current Symbol: NYSEARCA:PREF
Inception Date: 7/10/2017
Fund Manager: Roberto Giangregorio, L. Phillip Jacoby, Manu Krishnan, Mark Lieb, Kevin Nugent, Satomi Yarnell
Web: N/A
Phone: N/A

Fund Focus

Asset Class: Equity
Benchmark: N/A
Category: Strategy
Focus: Preferred Stock
Development Level: Blended Development
Region: Global
Number of Holdings: 102

Fund Statistics

Assets Under Management: $838.31 million
Average Daily Volume: $184,596.50
Discount/Premium: 0.07%

Administrator, Advisor and Custodian

Administrator: State Street Bank and Trust Company
Advisor: Principal Global Investors LLC
Custodian: State Street Bank and Trust Company
Distributor: ALPS Distributors, Inc.
Transfer Agent: State Street Bank and Trust Company
Trustee: N/A
Lead Market Maker: Jane Street

Options

Optionable: N/A
Short Interest: 152,700 shs

Miscellaneous

Outstanding Shares: 47,100,000
Beta: 0.14
Creation Unit: 50,000
Creation Fee: $250.00

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Principal Spectrum Preferred Securities Active ETF Expenses

Type	PREF	Preferred Stock ETFs	Equity ETFs	NYSEARCA ETFs	All ETFs
Management Fee	0.55%	0.50%	0.54%	0.50%	0.51%
Other Expenses	0.00%	0.24%	0.54%	0.64%	0.58%
Total Expense	0.55%	0.53%	0.70%	0.74%	0.70%
Fee Waiver	0.00%	0.00%	-0.55%	-0.68%	-0.57%
Net Expense	0.55%	0.55%	0.60%	0.58%	0.58%

Principal Spectrum Preferred Securities Active ETF (PREF) Holdings & Exposure

Top 10 PREF Holdings

American Express Company 3.55%
Holding Weight: 3.64%
Wells Fargo & Co. 3.9%
Holding Weight: 3.55%
The Toronto-Dominion Bank 8.125%
Holding Weight: 3.18%
Duke Energy Corp 4.875%
Holding Weight: 2.49%
The Charles Schwab Corporation 4%
Holding Weight: 2.46%
Bank of Nova Scotia 8.625%
Holding Weight: 2.28%
U.S. Bancorp. 3.7%
Holding Weight: 2.20%
Southern Co. 4%
Holding Weight: 2.08%
JPMorgan Chase & Co. 3.65%
Holding Weight: 2.05%
NextEra Energy Capital Holdings Inc 3.8%
Holding Weight: 1.97%

PREF Sector Exposure

PREF Industry Exposure

Full Holdings Details

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Institutional Ownership

View All Institutional Transactions

PREF ETF - Frequently Asked Questions

How have PREF shares performed in 2024?: Principal Spectrum Preferred Securities Active ETF's stock was trading at $17.51 on January 1st, 2024. Since then, PREF stock has increased by 1.8% and is now trading at $17.83.
View the best growth stocks for 2024 here.
How often does Principal Spectrum Preferred Securities Active ETF pay dividends? What is the dividend yield for Principal Spectrum Preferred Securities Active ETF?: Principal Spectrum Preferred Securities Active ETF declared a dividend on Thursday, December 14th. Stockholders of record on Tuesday, April 2nd will be paid a dividend of $0.0704 per share on Thursday, April 4th. The ex-dividend date of this dividend is Monday, April 1st. This is an increase from the stock's previous dividend of $0.06.
Read our dividend analysis for PREF.
What does PREF invest in?: Principal Spectrum Preferred Securities Active ETF is a equity fund issued by Principal. PREF focuses on preferred stock investments. The fund's investments total to approximately $838.31 million assets under management.
What is the management fee for Principal Spectrum Preferred Securities Active ETF?: Principal Spectrum Preferred Securities Active ETF's management fee is 0.55% and has no other recorded expenses or fee waivers. The net expense ratio for PREF is 0.55%.

Who are Principal Spectrum Preferred Securities Active ETF's major shareholders?: Principal Spectrum Preferred Securities Active ETF's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wealth Enhancement Advisory Services LLC (2.51%), Cornerstone Wealth Group LLC (1.48%), Investment Partners LTD. (0.28%), Massmutual Trust Co. FSB ADV (0.30%), Flagstar Advisors Inc. (0.06%) and Pinnacle Bancorp Inc. (0.01%).
How do I buy shares of Principal Spectrum Preferred Securities Active ETF?: Shares of PREF stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSEARCA:PREF) was last updated on 4/19/2024 by MarketBeat.com Staff

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Principal Spectrum Preferred Securities Active ETF (PREF) Price, Holdings, & News

About Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF)

PREF Stock Price History

PREF ETF News Headlines

Fund Details

Fund Focus

Fund Statistics

Administrator, Advisor and Custodian

Options

Miscellaneous

Principal Spectrum Preferred Securities Active ETF Expenses

Principal Spectrum Preferred Securities Active ETF (PREF) Holdings & Exposure

Top 10 PREF Holdings

PREF Sector Exposure

PREF Industry Exposure

Similar ETFs

Institutional Ownership

PREF ETF - Frequently Asked Questions

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