Principal Spectrum Preferred Secs Active ETF (PREF)
| Assets | $1.24B |
| Expense Ratio | 0.55% |
| PE Ratio | n/a |
| Shares Out | 65.75M |
| Dividend (ttm) | $0.88 |
| Dividend Yield | 4.65% |
| Ex-Dividend Date | Jul 1, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 103,765 |
| Open | 18.90 |
| Previous Close | 18.88 |
| Day's Range | 18.88 - 18.94 |
| 52-Week Low | 18.06 |
| 52-Week High | 19.01 |
| Beta | 0.31 |
| Holdings | 127 |
| Inception Date | Jul 10, 2017 |
About PREF
Fund Home PageThe Principal Spectrum Preferred Secs 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 issued by Principal.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 1, 2025 | $0.07596 | Jul 3, 2025 |
| Jun 2, 2025 | $0.07381 | Jun 4, 2025 |
| May 1, 2025 | $0.0728 | May 5, 2025 |
| Apr 1, 2025 | $0.07129 | Apr 3, 2025 |
| Mar 3, 2025 | $0.07741 | Mar 5, 2025 |
| Feb 3, 2025 | $0.07333 | Feb 5, 2025 |
Performance
PREF had a total return of 7.73% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.95%.
News
PREF: Preferred ETF With Low Volatility, Average Return And A Lot Of Banks
Principal Spectrum Preferred Securities Active ETF is an income-oriented ETF focusing on preferred securities, primarily from financial companies. The total return of PREF keeps pace with inflation, b...
5 of the Best Preferred Stock ETFs for High and Stable Dividends
The best preferred stock ETFs allow you to reduce your risk by investing in baskets of preferred stocks.
PREF: Active Preferred Equity Fund That Does Not Impress
PREF is an actively managed ETF investing at least 80% in preferred securities, primarily from financial institutions, with 91% of assets rated BBB. The fund is heavily concentrated in the financial s...
Preferreds Weekly Review: Keep An Eye On The Spread Of Floating-Rate Preferreds
We take a look at the action in preferreds and baby bonds through the fourth week of March and highlight some of the key themes we are watching. Preferreds had a good week as Treasury yields fell on t...
Preferreds Weekly Review: Mandatory Convertibles Offer High-Beta Preferred Exposure
We take a look at the action in preferreds and baby bonds through the third week of March and highlight some of the key themes we are watching. Preferreds were down for the week due to rising Treasury...
Preferreds Weekly Review: Historic Drawdowns Are Relevant Again
We take a look at the action in preferreds and baby bonds through the fourth week of February and highlight some of the key themes we are watching. Preferreds had a strong week with a 1%+ return, driv...
Preferreds Weekly Review: A High Yield-To-Call Is Not Enough
We take a look at the action in preferreds and baby bonds through the second week of February and highlight some of the key themes we are watching. Preferreds were flat on the week as higher Treasury ...
Preferreds Weekly Review: AHL Preferred Gets Stuck Near Libor Peak
We take a look at the action in preferreds and baby bonds through the fourth week of January and highlight some of the key themes we are watching. Preferred stock and baby bond market had a good week ...
CEF Weekly Commentary | June 20, 2021
The major equity indices had their worst week since early January - mostly on inflation concerns and a hawkish FOMC that signaled an increase in rates may come sooner than expected. On Friday, stocks ...