ETF overview
The fund's primary objective is to deliver ongoing income to investors. Typically, and under usual market conditions, it dedicates a minimum of 80% of its total investment capital – which comprises its net assets and any funds borrowed for investment purposes – to preferred securities and a diverse range of other instruments designed to generate income. This investment approach specifically incorporates contingent convertible securities (CoCos) and various other forms of capital instruments.
Fund facts
- Expense ratio
- 0.60%
- Fund assets
- 122.2M USD (all share classes)
- Issuer
- Principal Funds
- Inception date
- Jun 16, 2020
- Number of holdings
- 125
Breakdown
Holdings (125)
| Name | Ticker | Weight |
|---|---|---|
| WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 4.02% | |
| ING GROEP NV JR SUBORDINA 12/99 VAR | 3.98% | |
| CREDIT AGRICOLE SA JR SUBORDINA 144A 12/99 VAR | 3.06% | |
| TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.62% | |
| ALLSTATE CORP PREFFERD STOCK | ALL-PJ | 2.39% |
| AMERICAN EXPRESS CO JR SUBORDINA 12/99 VAR | 2.18% | |
| BNP PARIBAS JR SUBORDINA 144A 12/99 VAR | 2.11% | |
| GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR | 2.01% | |
| CITIGROUP INC JR SUBORDINA 12/99 VAR | 1.94% | |
| BANK OF NOVA SCOTIA JR SUBORDINA 01/84 VAR | 1.92% | |
| and 112 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
Principal Spectrum Preferred and Income ETF (PQDI)
- Expense ratio
- 0.60%
- Fund assets
- 122.2M USD (all share classes)
- Issuer
- Principal Funds
- Inception date
- Jun 16, 2020
- Number of holdings
- 125
| Name | Ticker | Weight |
|---|---|---|
| WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR | 4.02% | |
| ING GROEP NV JR SUBORDINA 12/99 VAR | 3.98% | |
| CREDIT AGRICOLE SA JR SUBORDINA 144A 12/99 VAR | 3.06% | |
| TORONTO DOMINION BANK JR SUBORDINA 10/82 VAR | 2.62% | |
| ALLSTATE CORP PREFFERD STOCK | ALL-PJ | 2.39% |
| AMERICAN EXPRESS CO JR SUBORDINA 12/99 VAR | 2.18% | |
| BNP PARIBAS JR SUBORDINA 144A 12/99 VAR | 2.11% | |
| GOLDMAN SACHS GROUP INC JR SUBORDINA 12/99 VAR | 2.01% | |
| CITIGROUP INC JR SUBORDINA 12/99 VAR | 1.94% | |
| BANK OF NOVA SCOTIA JR SUBORDINA 01/84 VAR | 1.92% | |
| and 112 more | ||
The fund's primary objective is to deliver ongoing income to investors. Typically, and under usual market conditions, it dedicates a minimum of 80% of its total investment capital – which comprises its net assets and any funds borrowed for investment purposes – to preferred securities and a diverse range of other instruments designed to generate income. This investment approach specifically incorporates contingent convertible securities (CoCos) and various other forms of capital instruments.
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