PREF ETF

PREF ETF
$18.81
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Fund Essentials - as of Jul 29, 2026

Net Assets
$1.8B
Expense Ratio
0.55%
Dividend Yield (Current)
5.23%
Holdings
163
Inception Date
Jul 10, 2017
Fund Family
Principal Funds
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+1.54%
1 Year+5.00%
3 Year+8.22%
5 Year+2.78%

Asset Allocation

Bonds: 98.49%
Cash: 0.62%
Other: 0.89%
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Top Holdings

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TickerNameWeight
BAC V6.25 PERPBank Of America Corp Jr Subordina 12/99 Var 6.625 07/24/20252.69%
-Metlife Inc 5.85% Mar 15, 2056 5.85 2056-03-152.38%
ENBCN V8.5 01/15/84Enbridge Inc 8.5% 01/15/20842.32%
TD V8.125 10/31/82Toronto-Dominion Bank Variable Rate, Due 10/31/20822.06%
JPM V6.5 PERP OOJpmorgan Chase & Co 6.5 04/01/21741.94%
Top 10 Concentration: 19.96%Report Date: Jul 29, 2026
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Dividend Summary

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Dividend Yield (Current)
5.23%
Frequency
Monthly
Latest Distribution
$0.09
Aug 3, 2026
12M Distributions
12 payments
Total: $1.00

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This ETF
PRO
Peer Avg
PRO

PREF ETF Overview

PREF ETF (Principal Spectrum Preferred Securities Active ETF) is managed by Principal Funds with $1.79B in net assets. PREF expense ratio is 0.55%, holding 163 positions across sectors including Financials, Utilities, Energy. Inception date: 2017-07-10.

PREF performance shows a YTD return of 1.54%. The 1-year return is 5.00% and the 5-year return is 2.78%. PREF dividend yield stands at 5.23%, paid monthly.

PREF top holdings include Bank Of America Corp Jr Subordina 12/99 Var 6.625 07/24/2025 (2.7%), Metlife Inc 5.85% Mar 15, 2056 5.85 2056-03-15 (2.4%), Enbridge Inc 8.5% 01/15/2084 (2.3%), Toronto-Dominion Bank Variable Rate, Due 10/31/2082 (2.1%), Jpmorgan Chase & Co 6.5 04/01/2174 (1.9%). Go to all PREF holdings, PREF sectors, or PREF dividends.

PREF can be compared against other funds. Use PREF overlap to find shared positions, or PREF vs another fund for a side-by-side view. PREF alternatives are available via the screener, along with tax-loss harvesting opportunities.

1 Month
-0.57%
YTD
+1.54%
1 Year
+5.00%
3 Year
+8.22%

Top 10 Holdings (20.0% of portfolio)

#TickerNameSectorWeight
1BAC V6.25 PERPBank Of America Corp Jr Subordina 12/99 Var 6.625 07/24/2025Financials2.69%
2-Metlife Inc 5.85% Mar 15, 2056 5.85 2056-03-15Other2.38%
3ENBCN V8.5 01/15/84Enbridge Inc 8.5% 01/15/2084Energy2.32%
4TD V8.125 10/31/82Toronto-Dominion Bank Variable Rate, Due 10/31/2082Financials2.06%
5JPM V6.5 PERP OOJpmorgan Chase & Co 6.5 04/01/2174Financials1.94%
6BNS V8.625 10/27/82Bank Of Nova Scotia Jr Subordina 10/82 VarFinancials1.82%
7PNC V6.25 PERP WPnc Financial Services Group, Inc. 6.2506/15/2023Financials1.82%
8MTB V3.5 PERPM&T Bank Corp 3.500000% Maturity: PerpetualFinancials1.69%
9-Charles Schwab Corp. 5Y Us Ti + 2.25 12/31/9999 2.25 9999-12-31Other1.65%
10WFC V6.85 PERPWells Fargo + Company Jr Subordina 12/99 VarFinancials1.59%