Principal Spectrum Preferred and Capital Securities Income Fund Class Institutional (PPSIX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.24
0.00 (0.00%)
Mar 7, 2025, 5:00 PM EST
2.67%
Fund Assets 5.67B
Expense Ratio 0.81%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.49
Dividend Yield 5.33%
Dividend Growth 4.73%
Payout Frequency Monthly
Ex-Dividend Date Feb 25, 2025
Previous Close 9.24
YTD Return 1.47%
1-Year Return 8.32%
5-Year Return 16.61%
52-Week Low n/a
52-Week High n/a
Beta (5Y) n/a
Holdings 340
Inception Date May 1, 2002

About PPSIX

The Principal Spectrum Preferred and Capital Securities Income Fund Class Institutional (PPSIX) seeks to provide current income by investing primarily in preferred stocks of U.S. companies rated BBB or higher. PPSIX invests at least 80% of its assets in preferred stocks. PPSIX focuses on utility, financial services and manufacturing industries.

Fund Family Principal Investors
Category Preferred Stock
Performance Rating Above Average
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol PPSIX
Share Class Institutional Class
Index ICE BofA US All Capital Securities TR USD

Performance

PPSIX had a total return of 8.32% in the past year. Since the fund's inception, the average annual return has been 5.25%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
PPREX R-6 0.70%
PPARX R-5 0.96%
PPSAX Class A 1.05%
PPSJX Class J 1.08%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Feb 25, 2025 $0.0375 Feb 25, 2025
Jan 28, 2025 $0.0374 Jan 28, 2025
Dec 27, 2024 $0.0493 Dec 27, 2024
Nov 22, 2024 $0.0476 Nov 22, 2024
Oct 28, 2024 $0.0476 Oct 28, 2024
Sep 25, 2024 $0.0463 Sep 25, 2024
Full Dividend History