Principal Spectrum Preferred Etf Profile
| PREF Etf | USD 18.81 -0.14 -0.74% |
Performance Weak
| Odds Of Distress Low
|
Principal Spectrum Preferred currently trades at $18.81, posting a 0.74% decrease in today's market action with an intraday range between $18.81 and $18.93. Principal Spectrum carries a 9% probability of financial distress over the medium term. Over the last 90 trading days, it has delivered negative risk-adjusted returns. The performance scores apply to the period beginning December 24, 2025 and ending March 24, 2026. Learn more.
One Year Return 5.3 | Total Asset | Etf Asset Type Equity | Category Preferred Stock | Three Year Return 9.9 |
Moving together with Principal Etf
Etf Highlights
Principal Spectrum Preferred [PREF] is traded in USA. The fund is listed under the Preferred Stock category and is part of the Principal Funds family. The entity is thematically classified as Strategy ETFs. Principal Spectrum at this time has 334.29 M in assets. The total return for the last 3 years is 9.9%. Principal Spectrum financial stability analysisGeographic Allocation (%)
Notable Updates
| Thematic Ideas | (View all Themes) |
| Business Concentration | Strategy ETFs, Preferred Stock ETFs, Preferred Stock, Principal Funds (View all Sectors) |
| Issuer | Principal |
| Inception Date | 2017-07-10 |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 1.44 Billion |
| Average Trading Volume | 205,847.3 |
| Asset Type | Equity |
| Category | Strategy |
| Focus | Preferred Stock |
| Market Concentration | Blended Development |
| Region | Global |
| Administrator | State Street Bank and Trust Company |
| Advisor | Principal Global Investors, LLC |
| Custodian | State Street Bank and Trust Company |
| Distributor | ALPS Distributors, Inc. |
| Portfolio Manager | Roberto Giangregorio, L. Phillip Jacoby, Manu Krishnan, Mark Lieb, Kevin Nugent, Satomi Yarnell |
| Transfer Agent | State Street Bank and Trust Company |
| Fiscal Year End | 30-Jun |
| Exchange | NYSE Arca, Inc. |
| Number of Constituents | 149 |
| Market Maker | Jane Street |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Returns Y T D | -0.51 |
| Name | Principal Spectrum Preferred Securities Active ETF |
| Currency Code | USD |
| Open Figi | BBG00H3P9XM7 |
| In Threey Volatility | 5.12 |
| 1y Volatility | 2.19 |
| 200 Day M A | 19.0331 |
| 50 Day M A | 19.1144 |
| Code | PREF |
| Updated At | 23rd of March 2026 |
| Currency Name | US Dollar |
| In Threey Sharp Ratio | 0.61 |
Common Risk Profiles
CAPM provides the framework most analysts use to determine a fair expected return for investing in Principal Spectrum. Alpha and beta are the primary CAPM risk-return descriptors that analysts use to evaluate ETF performance.
| Mean Deviation | 0.1316 | |||
| Semi Deviation | 0.2201 | |||
| Standard Deviation | 0.1887 | |||
| Variance | 0.0356 |
Technical Analysis
Transformation |
This analysis covers sixty-one data points across the selected time horizon. Principal Spectrum Inverse Tangent Over Price Movement function is an inverse trigonometric method to describe Principal Spectrum price patterns.
Principal Spectrum Preferred Against Markets
Etf Analysis Notes
Principal Spectrum is is formed as Regulated Investment Company in the United States. ETF is managed and operated by State Street Bank and Trust Company. The fund has 149 constituents with avarage daily trading value of 205.8 K. The fund charges 0.55 percent management fee with a total expences of 0.55 percent of total asset. The fund maintains about 15.55% of assets in bonds. Principal Spectrum's last dividend was $0.414 per share. Principal Spectrum Preferred's financial profile includes $334.3 million in Total Assets and an ETF Asset Type of Equity.Investor Insights and Alerts
| Principal Spectrum generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: Principal Spectrum Preferred Secs Active ETF declares monthly distribution of 0.0838 - MSN | |
| The fund maintains about 15.55% of its assets in bonds |
Thematic Classifications
Thematic classifications around Principal Spectrum Preferred help investors move from one security idea to a broader portfolio idea with a clearer economic narrative. The practical benefit is that investors can optimize around a trend, not just around one name that may or may not remain the best expression of that trend.
 | Strategy ETFsUSA ETFs from Strategy clasification | |
| Preferred Stock ETFsUSA ETFs from Preferred Stock clasification |
Top Principal Spectrum Preferred Etf Constituents
| MTB 3.5 | 1.37077% |
| USB 3.7 | 1.15113% |
| US929089AG55 | 1.07477% |
| BK 3.75 | 0.94606% |
| PNC 6.25 | 2.07136% |
| PNC 6.2 | 1.05753% |
| COF 3.95 | 1.00451% |
| WELLS FARGO 23/UND. FLR | 1.1203% |
| HBAN 5.625 | 1.43099% |
| C 7.375 | 0.8151% |
Outstanding Bonds
| US74256LAU35 Corp BondUS74256LAU35 | View | |
| PFG 125 16 AUG 26 Corp BondUS74256LEP04 | View | |
| PFG 15 17 NOV 26 Corp BondUS74256LES43 | View | |
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| PRINCIPAL FINL GROUP Corp BondUS74251VAA08 | View | |
| PRINCIPAL FINL GROUP Corp BondUS74251VAF94 | View | |
| PRINCIPAL FINL GROUP Corp BondUS74251VAJ17 | View | |
| PRINCIPAL FINL GROUP Corp BondUS74251VAM46 | View |
Predictive Daily Indicators
Short-horizon indicators in Principal Spectrum Preferred turn fast-changing price action into clearer risk and execution cues. For most traders, the benefit is faster feedback on momentum, which sharpens both entries and exits.
Forecast Models
Quantitative tools for Principal Spectrum Preferred focus on observed patterns, which helps when markets move faster than research can update. Financial data rarely stays stable for long, so the model is best used as a probability tool, not a price promise.Etf Overview, Methodology & Data Sources
Creation and redemption activity helps align market price with reported NAV over time. The current allocation is approximately 16.0% bonds. It is classified under Preferred Stock within the Principal Funds family.
Methodology
Unless otherwise specified, data for Principal Spectrum Preferred is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Principal Spectrum Preferred market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. NAV-based valuation for Principal Spectrum Preferred is typically interpreted alongside premium/discount metrics and tracking difference relative to the stated benchmark. Assumptions: Information for Principal Spectrum Preferred is compiled from public fund disclosures, holdings reports, and market data feeds and official sources including U.S. Securities and Exchange Commission (SEC) via EDGAR. Reporting latency may occur in some cases. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
Principal Spectrum Preferred may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
This content is curated and reviewed by:
Rifka Kats - Member of Macroaxis Editorial BoardMore Resources for Principal Etf Analysis
The foundation for reviewing Principal Spectrum is its financial reporting and trend data. Financial ratios help explain how results are produced and sustained.Review Your Equity Center for context on portfolio diversification. The diversification view provides additional analytical depth. Tracking Principal Spectrum Preferred in a portfolio provides context for performance attribution. The dataset reflects available inputs without directional implication. Broader economic conditions can influence Principal Spectrum Preferred's etf valuation — related indicators include signals in median. Investors get more value from Principal Spectrum analysis when it is combined with other construction and diversification tools. Principal Spectrum peer comparison and risk tools below help frame relative strengths and weaknesses. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
The gap between Principal Spectrum's market value and book value reflects how the market perceives future potential versus historical cost.
Understanding Principal Spectrum involves recognizing that value and price can reflect different time horizons. In practice, Principal Spectrum price is set by the continuous auction process on its listing exchange.