Principal Spectrum Preferred and Capital Securities Income Fund Class R-6 (PPREX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.24
0.00 (0.00%)
Feb 28, 2025, 3:35 PM EST
2.67% (1Y)
| Fund Assets | 5.60B |
| Expense Ratio | 0.70% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 5.44% |
| Dividend Growth | 4.59% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 25, 2025 |
| Previous Close | 9.24 |
| YTD Return | 1.61% |
| 1-Year Return | 8.43% |
| 5-Year Return | 17.98% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | n/a |
| Holdings | 340 |
| Inception Date | Jan 3, 2017 |
About PPREX
The Principal Spectrum Preferred and Capital Securities Income Fund Class R-6 (PPREX) seeks to provide current income by investing primarily in preferred stocks of U.S. companies rated BBB or higher. PPREX invests at least 80% of its assets in preferred stocks. PPREX focuses on utility, financial services and manufacturing industries.
Category Preferred Stock
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PPREX
Share Class R-6
Index ICE BofA US All Capital Securities TR USD
Performance
PPREX had a total return of 8.43% in the past year. Since the fund's inception, the average annual return has been 4.28%, including dividends.
Top 10 Holdings
16.37% of assets| Name | Symbol | Weight |
|---|---|---|
| Wells Fargo & Co. 3.9% | WFC V3.9 PERP BB | 1.95% |
| PNC Financial Services Group Inc. 6.25% | PNC V6.25 PERP W | 1.90% |
| The Charles Schwab Corporation 4% | SCHW V4 PERP I | 1.83% |
| 10 Year Treasury Note Future Mar 25 | n/a | 1.82% |
| Intesa Sanpaolo S.p.A. 7.7% | ISPIM V7.7 PERP | 1.70% |
| JPMorgan Chase & Co. 3.65% | JPM V3.65 PERP KK | 1.65% |
| Huntington Bancshares Incorporated 4.45% | HBAN V4.45 PERP G | 1.48% |
| Liberty Mut Grp 144A FRN | LIBMUT 7.8 03.15.37 144A | 1.47% |
| Nordea Bank ABP 6.625% | NDAFH V6.625 PERP 144A | 1.30% |
| Nationwide Finl Svcs FRN | NATMUT 6.75 05.15.37 | 1.28% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 25, 2025 | $0.0382 | Feb 25, 2025 |
| Jan 28, 2025 | $0.0384 | Jan 28, 2025 |
| Dec 27, 2024 | $0.0502 | Dec 27, 2024 |
| Nov 22, 2024 | $0.0484 | Nov 22, 2024 |
| Oct 28, 2024 | $0.0484 | Oct 28, 2024 |
| Sep 25, 2024 | $0.047 | Sep 25, 2024 |