PREF
Principal Spectrum Preferred Securities Active ETFPREF Fund Description
PREF is an actively managed fund with a primary focus on $1,000 par preferred securities.
PREF Factset Analytics Insight
PREF is an actively managed fund focusing primarily on $1,000 par preferred securities. Securities like these are usually issued in large, institutional lot sizes, typically by US and non-US financial services companies and other corporations. The fund is expected to have a high concentration of assets in the financial services sector, but is not limited to a specific industry nor even to a specific geography. Hence, investors should be aware of the potential for diverse exposure. The fund may also invest in below investment grade preferred securities.
PREF MSCI ESG Analytics Insight
Principal Spectrum Preferred Securities Active ETF has an MSCI ESG Fund Rating of AAA based on a score of 9.03 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Principal Spectrum Preferred Securities Active ETF ranks in the 98th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
PREF Summary Data
PREF Portfolio Data
PREF Index Data
PREF Portfolio Management
PREF Tax Exposures
PREF Fund Structure
PREF Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of PREF. PREF is rated a 2 out of 5.
PREF Tradability
PREF Top 10 Holdings[View All]
PREF Performance Statistics
PREF MSCI ESG Ratings
PREF Holdings Statistics
PREF Avg Life Maturity Distribution
PREF OAS Breakdown
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MSCI ESG Research LLC’s ("MSCI ESG") Fund Metrics products (the "Information") provide environmental, social and governance data with respect to underlying securities within more than 24,000 multi-asset class Mutual Funds and ETFs globally. MSCI ESG is a Registered Investment Adviser under the Investment Advisers Act of 1940. MSCI ESG materials have not been submitted to, nor received approval from, the US SEC or any other regulatory body. None of the Information constitutes an offer to buy or sell, or a promotion or recommendation of, any security, financial instrument or product or trading strategy, nor should it be taken as an indication or guarantee of any future performance, analysis, forecast or prediction. None of the Information can be used to determine which securities to buy or sell or when to buy or sell them. The Information is provided "as is" and the user of the Information assumes the entire risk of any use it may make or permit to be made of the Information.