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NYSEARCA:PREF

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

$18.38
+0.05 (+0.27%)
(As of 07/26/2024 ET)
Today's Range
$18.34
$18.40
50-Day Range
$18.15
$18.39
52-Week Range
$16.30
$18.42
Volume
90,293 shs
Average Volume
210,960 shs
Market Capitalization
$885.92 million
Assets Under Management
$917.85 million
Dividend Yield
4.57%
Net Expense Ratio
0.55%
PREF stock logo

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

PREF ETF News Headlines

Home price data, GameStop surges: Morning Brief
TD Active Preferred Share ETF (TPRF.TO)
Amazon coin set to soar 25X – starting August 19th
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
Amazon coin set to soar 25X – starting August 19th
Chris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 different coins that have returned over 100%... Today, he is now making the biggest crypto call of his ENTIRE career…
See More Headlines
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Fund Details

Issuer
Principal
Fund Name
Principal Spectrum Preferred Securities Active ETF
Tax Classification
Regulated Investment Company
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
113

Fund Statistics

Assets Under Management
$917.85 million
Average Daily Volume
$188,163.40
Discount/Premium
0.05%

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
294,200 shs

Miscellaneous

Beta
0.12
Creation Unit
50,000
Creation Fee
$250.00
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Principal Spectrum Preferred Securities Active ETF Expenses

TypePREFPreferred Stock ETFsEquity ETFsNYSEARCA ETFsAll ETFs
Management Fee0.55%0.52%0.54%0.51%0.51%
Other Expenses0.00%0.60%0.50%0.59%0.54%
Total Expense0.55%0.64%0.70%0.74%0.71%
Fee Waiver0.00%0.00%-0.54%-0.69%-0.59%
Net Expense0.55%0.64%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: 3.76%
  • Wells Fargo & Co. 3.9%
    Holding Weight: 3.36%
  • The Toronto-Dominion Bank 8.125%
    Holding Weight: 2.97%
  • The Charles Schwab Corporation 4%
    Holding Weight: 2.34%
  • Duke Energy Corp 4.875%
    Holding Weight: 2.33%
  • Bank of Nova Scotia 8.625%
    Holding Weight: 2.18%
  • U.S. Bancorp. 3.7%
    Holding Weight: 2.17%
  • Citizens Financial Group Inc 5.65%
    Holding Weight: 2.06%
  • Capital One Financial Corp. 3.95%
    Holding Weight: 1.99%
  • Southern Co. 4%
    Holding Weight: 1.96%

PREF Sector Exposure

PREF Industry Exposure


PREF ETF - Frequently Asked Questions

How have PREF shares performed this year?

Principal Spectrum Preferred Securities Active ETF's stock was trading at $17.51 at the start of the year. Since then, PREF stock has increased by 5.0% and is now trading at $18.38.
View the best growth stocks for 2024 here
.

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

Principal Spectrum Preferred Securities Active ETF's top institutional shareholders include Pallas Capital Advisors LLC (2.99%), Wealth Enhancement Advisory Services LLC (2.68%), Raymond James & Associates (2.03%) and Cornerstone Wealth Group LLC (1.46%).

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 7/27/2024 by MarketBeat.com Staff

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