Principal Spectrum Preferred Secs Active ETF (PREF)

NYSEARCA: PREF · IEX Real-Time Price · USD
17.81
+0.04 (0.25%)
At close: Feb 20, 2024, 1:34 PM
17.77
-0.04 (-0.20%)
After-hours: Feb 20, 2024, 6:30 PM EST
0.25%
Assets $821.13M
Expense Ratio 0.55%
PE Ratio n/a
Shares Out 46.45M
Dividend (ttm) $0.82
Dividend Yield 4.60%
Ex-Dividend Date Feb 1, 2024
Payout Ratio n/a
1-Year Return +1.22%
Volume 319,894
Open 17.74
Previous Close 17.76
Day's Range 17.74 - 17.82
52-Week Low 15.19
52-Week High 17.96
Beta 0.22
Holdings 97
Inception Date Jul 10, 2017

About PREF

Fund Home Page

The 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.

Asset Class Fixed Income
Category Preferred Stock
Stock Exchange NYSEARCA
Ticker Symbol PREF
ETF Provider Principal

Dividends

Ex-Dividend Amount Pay Date
Feb 1, 2024 $0.070 Feb 6, 2024
Dec 27, 2023 $0.067 Jan 2, 2024
Dec 1, 2023 $0.069 Dec 6, 2023
Nov 1, 2023 $0.068 Nov 6, 2023
Oct 2, 2023 $0.072 Oct 5, 2023
Sep 1, 2023 $0.073 Sep 7, 2023
Full Dividend History

News

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.

Other symbols: PFFPFFRPFXFSPFF
5 months ago - Kiplinger

An Attractive ETF Strategy for Income Investors in Today's Market

Investors who are seeking yield generation opportunities should consider the benefits of incorporating preferred securities and related exchange traded funds into a traditional income portfolio.

1 year ago - ETF Trends

How Preferred Securities Can Offer Attractive Yield and Risk Management

With the fixed income market environment still choppy, investors are looking for ways to diversify their yield-generation capabilities. Alternative income strategies, such as preferred stocks, offer c...

1 year ago - ETF Trends

Why to Go Active in the Preferred Stock ETF Space

Interest rates are likely to remain low in 2021, meaning investors need to be selective with income-generating asset classes. The Principal Spectrum Preferred Securities Active ETF (NYSEArca: PREF) is...

3 years ago - ETF Trends

New Year, New Markets: The Case for Preferred Securities

As markets continue to process results of the 2020 election and its potential impact on regulation and policy, one thing is certain: the zero rate environment isn't likely to go away anytime soon. As ...

3 years ago - ETF Trends

Desperate for Yield? Look No Further than Active Funds like ‘PREF'

Bond yields are still low, meaning traditional income-generating assets just aren't cutting it for many investors. Enter preferred stocks and the actively managed Principal Spectrum Preferred Securiti...

3 years ago - ETF Trends

Preferred Stocks, ETFs, Could Shine Among Income Assets in 2021

Interest rates are likely to remain low in 2021, meaning investors need to be selective with income-generating asset classes. The Principal Spectrum Preferred Securities Active ETF (NYSEArca: PREF) is...

3 years ago - ETF Trends

Principal on Trends in Portfolio Construction Amid 2020 Volatility

ETF Trends CEO Tom Lydon spoke with Ed Nini, Global Head of Product Strategy for Principal Global Investors, about the tumultuous year that has been 2020 and what kinds of strategies have been put int...

Other symbols: BTECPQDIUSMC
3 years ago - ETF Trends

No Preferred Stocks on Robinhood? No Problem With PREF

On Monday, popular brokerage app Robinhood, which has risen to notoriety among younger, tech-savvy investors this year, said it will no longer offer some favored income-generating asset classes starti...

3 years ago - ETF Trends

I'd Prefer That: A Preferred Stock ETF to Fight Low Yield

With a new year right around the corner, advisors and investors should continue to prepare for an extended low-yield environment. One way of combating low returns is with the Principal Spectrum Prefer...

3 years ago - ETF Trends

Drowning in Low Interest Rates? An ETF Solution

Advisors and investors are running low on credible income-generating assets in the current environment, a scenario making the Principal Spectrum Preferred Securities Active ETF (CBOE: PREF) a standout...

3 years ago - ETF Trends

A Preferred ETF Solution to Enhance Income Portfolio

Fixed-income investors should consider how preferred securities and related exchange traded funds may help benefit their portfolios. “The questions on investors' minds is, ‘How do I find income but no...

3 years ago - ETF Trends

Solving for Income: A Preferred Solution

The income problem. Every financial professional is facing the same dilemma: how do you generate meaningful income for your clients without having to take unacceptable risks, or investing in new, unpr...

Other symbols: PQDI
3 years ago - ETF Trends

Prefer a Diversified Portfolio? Check Out the PREF ETF

Preferred stocks are known as a high-yield asset class, but amid a post-election rally in various asset classes, those yields are declining. That could augur well for the active management offered by ...

3 years ago - ETF Trends

Still Plenty of Reasons to Prefer Preferred Stock ETFs

Vote counting is still happening in some marquee swing states, providing investors with an opportune time to dial back risk and bolster income streams with assets such as the Principal Spectrum Prefer...

3 years ago - ETF Trends

Preferreds Power and Active Advantages: Find Both in a Single ETF

Some income-generating asset classes can be fertile ground for active managers, including preferred stocks. Enter the Principal Spectrum Preferred Securities Active ETF (CBOE: PREF).

3 years ago - ETF Trends

Preferreds: Potent Income Puzzle Pieces?

The 2020 income situation – it's trying to say the least – is shining a light on preferred stocks and exchange traded funds, including the Principal Spectrum Preferred Securities Active ETF (CBOE: PRE...

3 years ago - ETF Trends

Preferreds Remain Unique Income Generators in Low-Yield Climate

One of the primary lessons income investors are learning this year is that there are times when traditional income-generating assets don’t deliver as expected. In other words, it’s a great time to con...

3 years ago - ETF Trends

Using Preferreds as Bond Alternatives

With Treasury yields historically low and municipal bond yields not far off that pace, income-starved investors are considering alternatives, including preferred stocks. The Principal Spectrum Preferr...

3 years ago - ETF Trends

Still Plenty of Allure in Preferred Stocks

Traditional equity and fixed income yield and income are getting harder to source thanks to low interest and dividend cuts. Those scenarios highlight the allure of preferred stocks and exchange traded...

3 years ago - ETF Trends

Preferreds Can Shore up Low-Yield Portfolios

Broadly speaking, preferred stocks can bolster income-generating portfolios, but some active management via the Principal Spectrum Preferred Securities Active ETF (CBOE: PREF) offers investors income ...

3 years ago - ETF Trends

Plenty of Income Power With This Preferred ETF

In a challenging low-yield environment, the combination of active management and preferred stocks is potentially alluring for income-starved investors. Enter the Principal Spectrum Preferred Securitie...

3 years ago - ETF Trends

Low-Yield Climate Calls for Being Active With Preferreds

With yields on U.S. government debt declining, junk bond yields doing the same, and plenty of companies paring dividends, alternative income strategies are of elevated importance in today’s environmen...

3 years ago - ETF Trends

A Potent Preferred Idea for Additional Income

Preferred stocks are taking on added importance in today’s low-yield environment, but many recent preferred initial public offerings (IPOs) are reflecting the yield challenges income investors to face...

3 years ago - ETF Trends

Tapping Into the Power of Preferreds

In a barren income environment, assets such as preferred stocks and the Principal Spectrum Preferred Securities Active ETF (CBOE: PREF) standout, but it’s important investors know what they’re getting...

3 years ago - ETF Trends