PPSIX Alternatives & Similar Mutual Funds

Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX) belongs to the Preferred Stock/Convertible Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PPSIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to PPSIX

PPSIX charges 0.79% annually. There are 5 mutual funds in the Preferred Stock/Convertible Bonds category with lower expense ratios, going as low as 0.59%.

Symbol	Name	Expense Ratio	AUM	Inception
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	0.59%	—	Oct 2018	PPSIX vs FIQVX
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	0.60%	—	Nov 2015	PPSIX vs LPXZX
FCVSX	Fidelity Convertible Securities Fund	0.67%	—	Jan 1987	PPSIX vs FCVSX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	0.70%	—	Feb 2009	PPSIX vs FICVX
NPSRX	Nuveen Preferred Securities & Income Fund	0.74%	—	Dec 2006	PPSIX vs NPSRX

Best Risk-Adjusted Alternatives to PPSIX

PPSIX has a PortfoliosLab risk / return rank of 62. There are 16 mutual funds in the Preferred Stock/Convertible Bonds category with higher risk-adjusted ranks, going as high as 90.

Symbol	Name	Risk / Return Rank	AUM	Inception
CICVX	Calamos Convertible Fund	90	—	Jun 1997	PPSIX vs CICVX
CCVIX	Calamos Convertible Fund	90	—	Jun 1985	PPSIX vs CCVIX
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	87	—	Oct 2018	PPSIX vs FIQVX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	86	—	Feb 2009	PPSIX vs FICVX
FACVX	Fidelity Advisor Convertible Securities Fund Class...	86	—	Feb 2009	PPSIX vs FACVX

Top Performing PPSIX Alternatives (YTD)

PPSIX is at 1.01% YTD. There are 17 mutual funds in the Preferred Stock/Convertible Bonds category with higher YTD returns, going as high as 26.74%.

Symbol	Name	YTD Return	AUM	Inception
CICVX	Calamos Convertible Fund	26.74%	—	Jun 1997	PPSIX vs CICVX
CCVIX	Calamos Convertible Fund	26.64%	—	Jun 1985	PPSIX vs CCVIX
FIQVX	Fidelity Advisor Convertible Securities Fund Class...	23.86%	—	Oct 2018	PPSIX vs FIQVX
FICVX	Fidelity Advisor Convertible Securities Fund Class...	23.81%	—	Feb 2009	PPSIX vs FICVX
FCVSX	Fidelity Convertible Securities Fund	23.80%	—	Jan 1987	PPSIX vs FCVSX

Lowest Volatility Alternatives to PPSIX

PPSIX has 2.42% 1-year volatility. There are 4 mutual funds in the Preferred Stock/Convertible Bonds category with lower 1-year volatility, going as low as 1.87%.

Symbol	Name	Volatility 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	1.87%	—	Nov 2015	PPSIX vs LPXZX
PCSFX	Principal Capital Securities Fund	2.15%	—	Mar 2014	PPSIX vs PCSFX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	2.15%	—	Apr 2011	PPSIX vs DPIIX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	2.41%	—	Feb 2019	PPSIX vs PISHX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	2.47%	—	May 2010	PPSIX vs CPXIX

Lowest Drawdown Alternatives to PPSIX

PPSIX has a 1-year max drawdown of -3.18%. There are 6 mutual funds in the Preferred Stock/Convertible Bonds category with shallower 1-year drawdowns, going as shallow as -2.14%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
LPXZX	Cohen & Steers Low Duration Preferred and Income F...	-2.14%	—	Nov 2015	PPSIX vs LPXZX
DPIIX	Destra Flaherty & Crumrine Preferred and Income Fu...	-2.39%	—	Apr 2011	PPSIX vs DPIIX
PISHX	Cohen & Steers Preferred Securities and Income SMA...	-2.83%	—	Feb 2019	PPSIX vs PISHX
PCSFX	Principal Capital Securities Fund	-2.97%	—	Mar 2014	PPSIX vs PCSFX
CPXIX	Cohen & Steers Preferred Securities and Income Fun...	-3.00%	—	May 2010	PPSIX vs CPXIX

Other Mutual Funds from Principal

The 10 most viewed Principal mutual funds shown here include PCBIX, PLGIX, CMNWX and span 7 categories.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
PCBIX	Principal MidCap Fund Institutional Class	Mid Cap Growth Equities	1	-6.91%	—	Dec 2000	PPSIX vs PCBIX
PLGIX	Principal LargeCap Growth Fund I	Large Cap Growth Equities	8	1.06%	—	Dec 2000	PPSIX vs PLGIX
CMNWX	Principal Capital Appreciation Fund	Large Cap Blend Equities	49	8.97%	—	Nov 1986	PPSIX vs CMNWX
PBCKX	Principal Blue Chip Fund	Large Cap Growth Equities	3	-5.15%	—	Jun 2012	PPSIX vs PBCKX
LTFIX	Principal LifeTime 2055 Fund	Target Retirement Date	46	8.64%	—	Feb 2008	PPSIX vs LTFIX
PSMIX	Principal Global Multi-Strategy Fund	Multistrategy	96	5.41%	—	Oct 2011	PPSIX vs PSMIX
SACAX	Principal SAM Strategic Growth Portfolio	Diversified Portfolio	58	11.18%	—	Jul 1996	PPSIX vs SACAX
LTRIX	Principal LifeTime 2045 Fund	Target Retirement Date	46	7.81%	—	Feb 2008	PPSIX vs LTRIX
PTDIX	Principal LifeTime 2040 Fund	Target Retirement Date	46	6.96%	—	Feb 2001	PPSIX vs PTDIX
PSSMX	Principal SmallCap S&P 600 Index Fund	Small Cap Blend Equities	66	19.34%	—	Dec 2000	PPSIX vs PSSMX

Often Compared With PPSIX

Investors most often compare PPSIX with FPE, KIFAX, FPF. These 20 comparison targets span 3 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
FPE	First Trust Preferred Securities & Income ETF	Preferred Stock/Convertible Bonds	54	0.91%	6.35B	Feb 2013	PPSIX vs FPE
KIFAX	Salient Select Income Fund	Preferred Stock/Convertible Bonds	15	2.70%	—	Mar 2001	PPSIX vs KIFAX
FPF	First Trust Intermediate Duration Preferred and In...	Preferred Stock/Convertible Bonds	8	-0.31%	—	Apr 2009	PPSIX vs FPF
HPS	John Hancock Preferred Income Fund III	Preferred Stock/Convertible Bonds	19	4.06%	—	Jun 2003	PPSIX vs HPS
FPEIX	First Trust Preferred Securities and Income Fund	Preferred Stock/Convertible Bonds	65	-0.04%	—	Jan 2011	PPSIX vs FPEIX
PFO	Flaherty & Crumrine Preferred and Income Opportuni...	Preferred Stock/Convertible Bonds	14	0.32%	—	Feb 1992	PPSIX vs PFO
PFINX	PIMCO Preferred and Capital Securities Fund	Preferred Stock/Convertible Bonds	72	2.12%	—	Apr 2015	PPSIX vs PFINX
PSF	Cohen & Steers Select Preferred and Income Fund	Preferred Stock/Convertible Bonds	11	1.04%	—	—	PPSIX vs PSF
PFD	Flaherty & Crumrine Preferred Income Fund	Preferred Stock/Convertible Bonds	20	0.08%	—	Jan 1991	PPSIX vs PFD
JPC	Nuveen Preferred and Income Opportunities Fund	Preferred Stock/Convertible Bonds	9	0.03%	—	Mar 2003	PPSIX vs JPC
PQIAX	Principal Equity Income Fund	Large Cap Value Equities	71	9.62%	—	May 1939	PPSIX vs PQIAX
LDP	Cohen and Steers Limited Duration Preferred and In...	Preferred Stock/Convertible Bonds	11	1.77%	—	May 2012	PPSIX vs LDP
LBFFX	Lord Abbett Convertible Fund Class F	Preferred Stock/Convertible Bonds	82	21.32%	—	—	PPSIX vs LBFFX
FTCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	85	23.49%	—	Feb 2009	PPSIX vs FTCVX
HPF	John Hancock Preferred Income Fund II	Preferred Stock/Convertible Bonds	24	2.93%	—	Jan 2005	PPSIX vs HPF
JPDIX	JPMorgan Preferred and Income Securities Fund	Preferred Stock/Convertible Bonds	73	1.18%	—	Mar 2022	PPSIX vs JPDIX
NCV	Virtus Convertible and Income Fund	Preferred Stock/Convertible Bonds	82	20.10%	—	Mar 2003	PPSIX vs NCV
POSIX	Principal Global Real Estate Securities Fund	REIT	11	8.05%	—	Sep 2007	PPSIX vs POSIX
FCCVX	Fidelity Advisor Convertible Securities Fund Class...	Preferred Stock/Convertible Bonds	84	23.19%	—	Feb 2009	PPSIX vs FCCVX
PTA	Cohen & Steers Tax-Advantaged Preferred Securities...	Preferred Stock/Convertible Bonds	6	2.50%	—	—	PPSIX vs PTA

Compare PPSIX with Any Fund or Stock

Compare PPSIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair PPSIX with funds that move differently

Principal Spectrum Preferred and Capital Securities Income Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PPSIX.

Explore PPSIX Diversifiers

Principal Spectrum Preferred and Capital Securities Income Fund (PPSIX) Alternatives