Principal Spectrum Preferred Securities Active ETF (PREF): Price and Financial Metrics ETF

Principal Spectrum Preferred Securities Active ETF (PREF): $18.69

0.03 (+0.16%)

POWR Rating

Component Grades

Buy & Hold

A

Peer

B

PREF Price/Volume Stats - 7 Best ETFs for the NEXT Bull Market

Current price $18.69 52-week high $18.84
Prev. close $18.66 52-week low $16.84
Day low $18.69 Volume 136,800
Day high $18.73 Avg. volume 214,397
50-day MA $18.71 Dividend yield 4.6%
200-day MA $18.27

PREF Stock Price Chart Interactive Chart >


Principal Spectrum Preferred Securities Active ETF (PREF) ETF Bio


The investment objective of the Principal Spectrum Preferred Securities Active ETF seeks to target “$1,000 par preferred securities,” according to the prospectus. Such securities are issued mainly by financial service companies in large, institutional lot sizes, the document says. The fund managers sees this as the largest part of the preferred security space, and PREF is the only fund to focus exclusively on that space, which is not easily accessed by retail investors.

PREF ETF Info

Issuer Principal Financial Group
Expense Ratio 0.55%
Underlying Index Bank of America Merrill Lynch U.S. Investment Grade Institutional Capital Securities Index
Asset Class Equity
Sector Convertible Bond/Preferred Stock ETFs
Assets Under Management (AUM) 1.00B
Net Asset Value (NAV) $18.63
Options? Yes
Total Holdings 118

PREF Price Returns

1-mo 0.08%
3-mo 2.83%
6-mo 4.92%
1-year 15.96%
3-year 5.00%
5-year 16.11%
YTD 11.04%
2023 7.36%
2022 -11.80%
2021 2.07%
2020 7.12%
2019 17.31%

PREF Dividends

Ex-Dividend Date Type Payout Amount Change
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