Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX)
The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowing for investment purposes, in preferred securities and capital securities at the time of purchase. Preferred securities typically include preferred stock and various types of junior subordinated debt and trust preferred securities. It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries (i.e., banking, insurance and commercial finance) within the financial services sector.
Fund Info
US74253Q4165
74253Q416
Apr 30, 2002
$0
Expense Ratio
PPSIX has an expense ratio of 0.79%, placing it in the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
Loading data...
Returns By Period
Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX) returned 1.90% year-to-date (YTD) and 7.16% over the past 12 months. Over the past 10 years, PPSIX returned 4.16% annually, underperforming the S&P 500 benchmark at 10.87%.
PPSIX
1.90%
2.33%
1.86%
7.16%
4.34%
4.16%
^GSPC (Benchmark)
1.30%
12.94%
1.49%
12.48%
15.82%
10.87%
Monthly Returns
The table below presents the monthly returns of PPSIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.84% | 0.73% | -0.24% | -0.65% | 1.21% | 1.90% | |||||||
| 2024 | 1.89% | 0.41% | 1.42% | -0.91% | 1.54% | 0.75% | 1.19% | 1.64% | 1.69% | -0.46% | 0.52% | -0.22% | 9.82% |
| 2023 | 5.00% | -1.35% | -5.48% | 1.24% | -0.17% | 0.89% | 2.18% | -0.38% | -0.64% | -1.70% | 4.28% | 2.86% | 6.46% |
| 2022 | -1.69% | -2.75% | -0.66% | -2.93% | -0.77% | -3.90% | 4.49% | -1.65% | -4.13% | -0.02% | 2.31% | 0.83% | -10.67% |
| 2021 | -0.05% | -0.25% | 0.34% | 1.30% | 0.44% | 0.91% | 0.43% | 0.43% | 0.00% | -0.34% | -1.02% | 0.83% | 3.03% |
| 2020 | 1.32% | -1.27% | -12.27% | 7.07% | 1.95% | 0.90% | 3.13% | 1.83% | -0.49% | 0.39% | 2.88% | 1.10% | 5.47% |
| 2019 | 3.94% | 1.34% | 1.03% | 1.44% | 0.12% | 1.94% | 1.29% | 0.90% | 0.77% | 1.26% | 0.53% | 0.83% | 16.44% |
| 2018 | -0.47% | -0.37% | -0.28% | -0.36% | -0.47% | 0.13% | 0.72% | 0.52% | -0.35% | -0.95% | -1.54% | -1.20% | -4.54% |
| 2017 | 1.93% | 1.60% | 0.50% | 1.52% | 1.10% | 1.07% | 0.88% | 0.27% | 0.31% | 0.69% | 0.01% | 0.16% | 10.51% |
| 2016 | -0.37% | -1.47% | 1.85% | 0.92% | 1.18% | 0.39% | 1.77% | 0.96% | -0.19% | 0.31% | -2.11% | 0.51% | 3.72% |
| 2015 | 1.61% | 0.80% | 0.81% | 0.23% | -0.33% | -0.92% | 1.09% | -0.19% | -0.16% | 1.60% | 0.21% | 0.21% | 5.04% |
| 2014 | 1.91% | 1.96% | 1.33% | 1.79% | 1.47% | 0.69% | 0.02% | 1.08% | -0.79% | 0.97% | 0.85% | -0.25% | 11.54% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 96, PPSIX is among the top 4% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Loading data...
Dividends
Dividend History
Principal Spectrum Preferred and Capital Securities Income Fund provided a 5.38% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.49 | $0.47 | $0.49 | $0.45 | $0.47 | $0.51 | $0.54 | $0.51 | $0.49 | $0.53 | $0.54 |
Dividend yield | 5.38% | 5.33% | 5.35% | 5.54% | 4.39% | 4.46% | 4.88% | 5.79% | 4.87% | 4.92% | 5.23% | 5.33% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Spectrum Preferred and Capital Securities Income Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.49 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.47 |
| 2022 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.49 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.45 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.05 | $0.47 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.51 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.07 | $0.54 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.51 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.49 |
| 2015 | $0.05 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.53 |
| 2014 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.05 | $0.05 | $0.54 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading data...
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Spectrum Preferred and Capital Securities Income Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Principal Spectrum Preferred and Capital Securities Income Fund was 52.01%, occurring on Mar 9, 2009. Recovery took 161 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -52.01% | May 9, 2007 | 460 | Mar 9, 2009 | 161 | Oct 26, 2009 | 621 |
| -22.82% | Feb 24, 2020 | 21 | Mar 23, 2020 | 159 | Nov 5, 2020 | 180 |
| -17.37% | Sep 24, 2021 | 373 | Mar 20, 2023 | 332 | Jul 16, 2024 | 705 |
| -9.55% | Mar 26, 2004 | 31 | May 10, 2004 | 133 | Nov 17, 2004 | 164 |
| -9.17% | May 31, 2011 | 90 | Oct 5, 2011 | 86 | Feb 8, 2012 | 176 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading data...