Principal Spectrum Preferred Securities Active ETF (PREF)
Principal Spectrum Preferred Securities Active ETF operates in the Asset Management industry of the Financial Services sector, headquartered in Des Moines, IA, US. The stock last traded at $18.84, up 0.05% on the session, giving a market capitalisation of $1.46B. Its beta of 0.58 implies it has historically moved less than the broad market.
The Fund seeks to provide current income. The Fund invests at least 80% of its net assets in preferred securities particularly focusing on securities known as $1,000 par preferred securities, issued in large, institutional lot sizes, typically by U.S. and non-U.S. financial services companies and other corporations.
Principal Spectrum Preferred Securities Active ETF is most often compared with the following Financial Services names: