NYSEARCA:PREF Principal Spectrum Preferred Securities Active ETF (PREF) Price, Holdings, & News $16.74 -0.12 (-0.71%) (As of 10:44 AM ET) Add Compare Share Share Today's Range$16.69▼$16.7650-Day Range$16.86▼$17.3052-Week Range$16.17▼$18.10Volume32,033 shsAverage Volume218,185 shsMarket Capitalization$578.37 millionAssets Under Management$597.28 millionDividend Yield4.60%Net Expense Ratio0.55% ProfileProfileChartDividendHeadlinesHoldingsProfileChartDividendHeadlinesHoldings 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.Read More PREF Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PREF ETF News HeadlinesSeptember 11, 2023 | finance.yahoo.comPREF - Principal Spectrum Preferred Securities Active ETFAugust 15, 2023 | markets.businessinsider.comVBA Secures Growth Funding With $156 Million Led by Spectrum EquityOctober 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. August 4, 2023 | seekingalpha.comPrincipal Investment Grade Corporate Active ETF declares monthly distribution of $0.0762July 28, 2023 | benzinga.comThe Return On Hassle SpectrumJuly 27, 2023 | seekingalpha.comHorizons Active Preferred Share ETF declares CAD 0.036 dividendJuly 6, 2023 | cnbc.comPreferred securities are yielding nearly 7%. After a turbulent first half, here's why it may be time to jump inJune 29, 2023 | seekingalpha.comHorizons Active Preferred Share ETF declares CAD 0.035 dividendOctober 2, 2023 | Edge On The Street (Ad)Gold Could Be Heading for Record Highs - But How to Play It?According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold. June 28, 2023 | fool.comInvesco Exchange-Traded Fund Trust II - Invesco Variable Rate Preferred ETF (NYSEMKT: VRP)See More Headlines Receive PREF Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Principal Spectrum Preferred Securities Active ETF and its competitors with MarketBeat's FREE daily newsletter. Email Address Fund Details IssuerPrincipal Fund NamePrincipal Spectrum Preferred Securities Active ETF Tax ClassificationRegulated Investment Company Stock ExchangeNYSEARCACurrent SymbolNYSEARCA:PREF Inception Date7/10/2017 Fund ManagerRoberto Giangregorio, L. Phillip Jacoby, Manu Krishnan, Mark Lieb, Kevin Nugent, Satomi Yarnell WebN/A PhoneN/AFund Focus Asset ClassEquity BenchmarkN/A CategoryStrategy FocusPreferred Stock Development LevelBlended Development RegionGlobal Number of Holdings83 Fund Statistics Assets Under Management$597.28 million Average Daily Volume$170,373.80 Discount/Premium0.06% Administrator, Advisor and Custodian AdministratorState Street Bank and Trust Company AdvisorPrincipal Global Investors LLC CustodianState Street Bank and Trust Company DistributorALPS Distributors, Inc. Transfer AgentState Street Bank and Trust Company TrusteeN/A Lead Market MakerJane Street Options OptionableN/A Short Interest304,900 shs Miscellaneous Outstanding Shares34,550,000Beta0.38 Creation Unit50,000 Creation Fee$250.00 Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Principal Spectrum Preferred Securities Active ETF ExpensesTypePREFPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFsManagement Fee0.55%0.50%0.53%0.50%0.50%Other Expenses0.00%0.23%0.52%0.64%0.57%Total Expense0.55%0.53%0.69%0.73%0.69%Fee Waiver0.00%0.00%-0.55%-0.69%-0.58%Net Expense0.55%0.55%0.59%0.57%0.57% Principal Spectrum Preferred Securities Active ETF (PREF) Holdings & ExposureTop 10 PREF HoldingsWells Fargo & Company 3.9%Holding Weight: 4.51%The Toronto-Dominion Bank 8.125%Holding Weight: 3.92%JPMorgan Chase & Co. 3.65%Holding Weight: 2.74%U.S. Bancorp. 3.7%Holding Weight: 2.53%Capital One Financial Corporation 3.95%Holding Weight: 2.40%M&T Bank Corporation 3.5%Holding Weight: 2.40%Duke Energy Corp 4.875%Holding Weight: 2.37%Voya Financial Inc 6.125%Holding Weight: 2.32%Bank of America Corporation 4.375%Holding Weight: 2.29%Bank of Nova Scotia 8.625%Holding Weight: 2.25%PREF Sector ExposurePREF Industry ExposureFull Holdings Details Similar ETFsVirtus InfraCap U.S. Preferred Stock ETFNYSEARCA:PFFASPDR ICE Preferred Securities ETFNYSEARCA:PSKGlobal X Variable Rate Preferred ETFNYSEARCA:PFFVInvesco Financial Preferred ETFNYSEARCA:PGFGlobal X SuperIncome Preferred ETFNYSEARCA:SPFFInstitutional OwnershipFarther Finance Advisors LLCBought 3,451 shares on 9/12/2023Ownership: 0.010%Osaic Holdings Inc.Sold 14,300 shares on 8/21/2023Ownership: 0.323%Orion Portfolio Solutions LLCBought 208,406 shares on 8/17/2023Ownership: 1.132%Benjamin Edwards Inc.Sold 4,022 shares on 8/15/2023Ownership: 0.268%United Services Automobile AssociationSold 17,509 shares on 8/15/2023Ownership: 0.129%View All Institutional Transactions PREF ETF - Frequently Asked Questions How have PREF shares performed in 2023? Principal Spectrum Preferred Securities Active ETF's stock was trading at $17.11 at the start of the year. Since then, PREF stock has decreased by 1.5% and is now trading at $16.86. View the best growth stocks for 2023 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 29th. Shareholders of record on Wednesday, July 5th will be given a dividend of $0.0624 per share on Friday, July 7th. The ex-dividend date of this dividend is Monday, July 3rd. 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 $597.28 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%. What is Principal Spectrum Preferred Securities Active ETF's stock symbol? Principal Spectrum Preferred Securities Active ETF trades on the New York Stock Exchange (NYSE)ARCA under the ticker symbol "PREF." 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Principal Spectrum Preferred Securities Active ETF's stock price today? One share of PREF stock can currently be purchased for approximately $16.86. How much money does Principal Spectrum Preferred Securities Active ETF make? Principal Spectrum Preferred Securities Active ETF (NYSEARCA:PREF) has a market capitalization of $582.51 million. This page (NYSEARCA:PREF) was last updated on 10/2/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Principal Spectrum Preferred Securities Active ETF Please log in to your account or sign up in order to add this asset to your watchlist. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. 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