PortfolioMetrics

PREF

- Principal Spectrum Preferred Secs Active ETF

Key Information

Earliest date2017-07-10
ExchangeCBOE
Instrument TypeETF
MIC CodeBATS
CountryUnited States

ETF Information

Fund ProviderPrincipal
IndexActive (No Index)
Expense Ratio0.55%
Number Of Holdings108
Inception Date2017-07-10
Asset ClassEquity
CurrencyUSD
ListingUS-listed
SectorFinancials
Investment StyleActive
Non-leveragedNon-leveraged

About PREF

The Principal Spectrum Preferred Secs Active ETF is an actively-managed fund that invests in preferred securities, aiming to provide attractive yields, diversification, and reduced risk. The fund's portfolio team seeks out securities with variable or floating interest rates to manage interest rate risk. With a competitive expense ratio, this ETF offers a broad credit focus with a multi-cap approach.