Principal Spectrum Preferred Securities Active ETF PREF
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 0.55%
- Net assets
- $1.8B
- Holdings
- 162
- 12-month distribution yield
- 5.52%
- Asset class
- Fixed income
Principal Spectrum Preferred Securities Active ETF (PREF) is an exchange-traded fund listed on NYSE Arca in the United States, issued by Principal. Its category is Fixed income · Global (fixed income). Its last price was US$18.32 on 20 Oct 2026. Its expense ratio is 0.55% a year, from its prospectus dated 1 Nov 2025. It reported net assets of US$1.77 billion as of 30 Jun 2026. Its latest holdings report lists 162 holdings as of 30 Jun 2026. Over the last 12 months it paid distributions of US$1.01 a unit, a 12-month distribution yield of 5.52%, paid monthly.
Fees
- Total annual operating expenses (gross)
- 0.55%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.55%
- Prospectus date
- 1 Nov 2025
- Filed with the SEC
- 27 Oct 2025
Size and reporting
- Net assets
- $1,771,129,465
- Total assets
- $1,804,089,213
- Holdings as of
- 30 Jun 2026
- Report made public
- 11 Aug 2026 (42 days after the month end)
Top holdings
Largest 25 of 162 positions, as of 30 Jun 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | BANK OF AMERICA CORP | US06055HAK95 | 2.73% | $48.4M | Debt | United States | USD |
| 2 | METLIFE INC | US59156RCR75 | 2.40% | $42.4M | Debt | United States | USD |
| 3 | ENBRIDGE INC | US29250NBT19 | 2.35% | $41.6M | Debt | Canada | USD |
| 4 | TORONTO-DOMINION BANK | US89117F8Z56 | 2.07% | $36.7M | Debt | Canada | USD |
| 5 | JPMORGAN CHASE & CO | US48128AAJ25 | 1.97% | $34.8M | Debt | United States | USD |
| 6 | PNC FINANCIAL SERVICES PNC Financial Services Group, Inc. | US693475BP99 | 1.84% | $32.6M | Debt | United States | USD |
| 7 | BANK OF NOVA SCOTIA | US0641598S88 | 1.83% | $32.5M | Debt | Canada | USD |
| 8 | Principal Funds, Inc - Government Money Market Fund, Class R-6 | US7425372288 | 1.82% | $32.2M | Short-term investment vehicles (cash funds) | United States | USD |
| 9 | CHARLES SCHWAB CORP | US808513CM57 | 1.68% | $29.8M | Debt | United States | USD |
| 10 | M&T BANK CORPORATION | US55261FAN42 | 1.67% | $29.5M | Debt | United States | USD |
| 11 | WELLS FARGO & COMPANY | US95002YAC75 | 1.60% | $28.3M | Debt | United States | USD |
| 12 | BANK OF AMERICA CORP | US06055HAH66 | 1.58% | $28.1M | Debt | United States | USD |
| 13 | TRUIST FINANCIAL CORP | US89832QAK58 | 1.51% | $26.8M | Debt | United States | USD |
| 14 | PRUDENTIAL FINANCIAL INC | US744320BH48 | 1.49% | $26.3M | Debt | United States | USD |
| 15 | ELECTRICITE DE FRANCE SA | US28504KAA51 | 1.48% | $26.2M | Debt | France | USD |
| 16 | WELLS FARGO & COMPANY | US95002YAE32 | 1.47% | $26.1M | Debt | United States | USD |
| 17 | JPMORGAN CHASE & CO | US48128BAR24 | 1.41% | $25.0M | Debt | United States | USD |
| 18 | HUNTINGTON BANCSHARES Huntington Bancshares, Inc. | US446150BG87 | 1.41% | $24.9M | Debt | United States | USD |
| 19 | METLIFE INC | US59156RBS67 | 1.34% | $23.8M | Debt | United States | USD |
| 20 | BANK OF MONTREAL | US06368L5Q57 | 1.31% | $23.3M | Debt | Canada | USD |
| 21 | ROYAL BANK OF CANADA | US780082AY99 | 1.25% | $22.2M | Debt | Canada | USD |
| 22 | BANK OF NOVA SCOTIA | US06419GEE26 | 1.25% | $22.1M | Debt | Canada | USD |
| 23 | BP CAPITAL MARKETS PLC | US05565QDX34 | 1.21% | $21.5M | Debt | United Kingdom | USD |
| 24 | ENERGY TRANSFER LP | US29273VBH24 | 1.21% | $21.4M | Debt | United States | USD |
| 25 | CANADIAN IMPERIAL BANK Canadian Imperial Bank of Commerce | US13607PNF70 | 1.20% | $21.2M | Debt | Canada | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Debt | 98.49% | |
| Short-term investment vehicles (cash funds) | 2.17% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 68.38% | |
| Canada | 22.81% | |
| Japan | 4.75% | |
| United Kingdom | 2.95% | |
| France | 1.48% | |
| Germany | 0.29% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 100.66% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $1.0110
- 12-month yield
- 5.52%
- Frequency
- Monthly
- Latest ex-date
- 1 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($1.0110) ÷ latest price ($18.32) × 100 = 5.52%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (60 payments)
| Ex-date | Amount per unit |
|---|---|
| 1 Oct 2026 | $0.0860 |
| 1 Sep 2026 | $0.0860 |
| 3 Aug 2026 | $0.0880 |
| 1 Jul 2026 | $0.0840 |
| 1 Jun 2026 | $0.0840 |
| 1 May 2026 | $0.0840 |
| 1 Apr 2026 | $0.0840 |
| 2 Mar 2026 | $0.0830 |
| 2 Feb 2026 | $0.0810 |
| 29 Dec 2025 | $0.0840 |
| 1 Dec 2025 | $0.0830 |
| 3 Nov 2025 | $0.0840 |
| 1 Oct 2025 | $0.0800 |
| 2 Sep 2025 | $0.0770 |
| 1 Aug 2025 | $0.0780 |
| 1 Jul 2025 | $0.0760 |
| 2 Jun 2025 | $0.0740 |
| 1 May 2025 | $0.0730 |
| 1 Apr 2025 | $0.0710 |
| 3 Mar 2025 | $0.0770 |
| 3 Feb 2025 | $0.0730 |
| 27 Dec 2024 | $0.0720 |
| 2 Dec 2024 | $0.0730 |
| 1 Nov 2024 | $0.0740 |
| 1 Oct 2024 | $0.0730 |
| 3 Sep 2024 | $0.0710 |
| 1 Aug 2024 | $0.0720 |
| 1 Jul 2024 | $0.0730 |
| 3 Jun 2024 | $0.0730 |
| 1 May 2024 | $0.0710 |
| 1 Apr 2024 | $0.0700 |
| 1 Mar 2024 | $0.0740 |
| 1 Feb 2024 | $0.0700 |
| 27 Dec 2023 | $0.0670 |
| 1 Dec 2023 | $0.0690 |
| 1 Nov 2023 | $0.0680 |
| 2 Oct 2023 | $0.0720 |
| 1 Sep 2023 | $0.0730 |
| 1 Aug 2023 | $0.0700 |
| 3 Jul 2023 | $0.0620 |
| 1 Jun 2023 | $0.0660 |
| 1 May 2023 | $0.0670 |
| 3 Apr 2023 | $0.0630 |
| 1 Mar 2023 | $0.0730 |
| 1 Feb 2023 | $0.0700 |
| 28 Dec 2022 | $0.0680 |
| 1 Dec 2022 | $0.0660 |
| 1 Nov 2022 | $0.0600 |
| 3 Oct 2022 | $0.0680 |
| 1 Sep 2022 | $0.0660 |
| 1 Aug 2022 | $0.0670 |
| 1 Jul 2022 | $0.0640 |
| 1 Jun 2022 | $0.0670 |
| 2 May 2022 | $0.0690 |
| 1 Apr 2022 | $0.0670 |
| 1 Mar 2022 | $0.0680 |
| 1 Feb 2022 | $0.0630 |
| 29 Dec 2021 | $0.0630 |
| 1 Dec 2021 | $0.0670 |
| 1 Nov 2021 | $0.0630 |
Filings and sources
- Form N-PORT report for June 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000054767) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- PREF and VCSH Vanguard Short-Term Corporate Bond ETF
- PREF and JPST JPMorgan Ultra-Short Income ETF
- PREF and USHY iShares Broad USD High Yield Corporate Bond ETF
- PREF and IGSB iShares 1-5 Year Investment Grade Corporate Bond ETF