Principal Spectrum Preferred Secs Active ETF (PREF)
PREF is an actively managed ETF by Principal. PREF launched on Jul 10, 2017 and has a 0.55% expense ratio.
ETF Info
| ISIN | US74255Y8883 |
|---|---|
| CUSIP | 74255Y888 |
| Issuer | Principal |
| Inception Date | Jul 10, 2017 |
| Region | Developed Markets (Broad) |
| Category | Preferred Stock/Convertible Bonds, Actively Managed |
| Index Tracked | No Index (Active) |
| Asset Class | Preferred Stock |
Asset Class Size | Multi-Cap |
Expense Ratio
The Principal Spectrum Preferred Secs Active ETF has a high expense ratio of 0.55%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PREF vs. COWZ, PREF vs. SPY, PREF vs. PFF
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Principal Spectrum Preferred Secs Active ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Principal Spectrum Preferred Secs Active ETF had a return of 3.57% year-to-date (YTD) and 10.67% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.57% | 6.33% |
| 1 month | -0.88% | -2.81% |
| 6 months | 12.33% | 21.13% |
| 1 year | 10.67% | 24.56% |
| 5 years (annualized) | 3.23% | 11.55% |
| 10 years (annualized) | N/A | 10.55% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 2.34% | 0.56% | 1.53% | |||||||||
| 2023 | -1.10% | -2.49% | 4.80% | 3.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Principal Spectrum Preferred Secs Active ETF(PREF)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Principal Spectrum Preferred Secs Active ETF (PREF) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Principal Spectrum Preferred Secs Active ETF granted a 4.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.83 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.83 | $0.82 | $0.79 | $0.82 | $0.90 | $0.94 | $0.99 | $0.47 |
Dividend yield | 4.62% | 4.67% | 4.63% | 4.07% | 4.35% | 4.67% | 5.49% | 2.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Principal Spectrum Preferred Secs Active ETF. 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.07 | $0.07 | |||||||||
| 2023 | $0.00 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.14 |
| 2022 | $0.00 | $0.06 | $0.07 | $0.07 | $0.07 | $0.07 | $0.06 | $0.07 | $0.07 | $0.07 | $0.06 | $0.13 |
| 2021 | $0.00 | $0.07 | $0.07 | $0.07 | $0.07 | $0.07 | $0.08 | $0.07 | $0.07 | $0.07 | $0.06 | $0.13 |
| 2020 | $0.00 | $0.07 | $0.08 | $0.07 | $0.08 | $0.07 | $0.09 | $0.08 | $0.08 | $0.08 | $0.07 | $0.12 |
| 2019 | $0.00 | $0.08 | $0.08 | $0.08 | $0.08 | $0.07 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.16 |
| 2018 | $0.00 | $0.07 | $0.09 | $0.08 | $0.08 | $0.08 | $0.07 | $0.07 | $0.09 | $0.09 | $0.09 | $0.18 |
| 2017 | $0.03 | $0.09 | $0.09 | $0.09 | $0.17 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Principal Spectrum Preferred Secs Active ETF. 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 Secs Active ETF was 22.99%, occurring on Mar 19, 2020. Recovery took 110 trading sessions.
The current Principal Spectrum Preferred Secs Active ETF drawdown is 3.48%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -22.99% | Feb 24, 2020 | 19 | Mar 19, 2020 | 110 | Aug 25, 2020 | 129 |
| -16.99% | Sep 17, 2021 | 279 | Oct 25, 2022 | — | — | — |
| -6.42% | Jan 17, 2018 | 232 | Dec 24, 2018 | 55 | Mar 20, 2019 | 287 |
| -1.98% | Feb 12, 2021 | 16 | Mar 8, 2021 | 31 | Apr 21, 2021 | 47 |
| -1.5% | Dec 6, 2017 | 3 | Dec 8, 2017 | 7 | Dec 26, 2017 | 10 |
Volatility
Volatility Chart
The current Principal Spectrum Preferred Secs Active ETF volatility is 0.93%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.