Principal Spectrum Preferred Securities Active ETF (PREF)
| Assets | $442.70M |
| Expense Ratio | 0.55% |
| PE Ratio | n/a |
| Shares Out | 26.65M |
| Dividend (ttm) | $0.80 |
| Dividend Yield | 4.86% |
| Ex-Dividend Date | Mar 1, 2023 |
| Payout Ratio | n/a |
| 1-Year Return | -12.14% |
| Volume | 1,554,078 |
| Open | 16.36 |
| Previous Close | 16.61 |
| Day's Range | 16.36 - 16.67 |
| 52-Week Low | 16.17 |
| 52-Week High | 19.05 |
| Beta | 0.38 |
| Holdings | 80 |
| Inception Date | Jul 10, 2017 |
About 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.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 1, 2023 | $0.07329 | Mar 6, 2023 |
| Feb 1, 2023 | $0.0698 | Feb 6, 2023 |
| Dec 28, 2022 | $0.06786 | Jan 3, 2023 |
| Dec 1, 2022 | $0.06629 | Dec 6, 2022 |
| Nov 1, 2022 | $0.05988 | Nov 4, 2022 |
| Oct 3, 2022 | $0.06776 | Oct 6, 2022 |
News
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.
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...
4 Multi-Asset ETFs to Beat Volatility & Enjoy Solid Yields
The year 2022 as a whole could easily be attributed to heightened volatility.
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...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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 ...
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...
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).
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...
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...
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...
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...
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 ...
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...
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...
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...
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...