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Morningstar

Principal Spectrum Pref&Cptl Scs IncR5 PPARX

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub
  • NAV / 1-Day Return 8.86  /  0.00
  • Total Assets 5.9 Bil
  • Adj. Expense Ratio
    0.960%
  • Expense Ratio 0.960%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Preferred Stock
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 5.09%
  • Effective Duration 3.35 years

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PPARX

Will PPARX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PPARX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PPARX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PPARX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Principal Spectrum Pref& Cptl Scs IncR5's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PPARX

More PPARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 23.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Future on 2 Year Treasury Note

13.18 791.3 Mil
Government

JPMorgan Chase & Co. 3.65%

2.16 129.4 Mil
Corporate

Dominion Energy Inc 4.65%

2.01 120.9 Mil
Corporate

Wells Fargo & Co. 3.9%

1.61 96.6 Mil
Corporate

The Charles Schwab Corporation 4%

1.58 94.9 Mil
Corporate

Intesa Sanpaolo S.p.A. 7.7%

1.57 94.0 Mil
Corporate

JPMorgan Chase & Co DR

1.54 92.4 Mil
Financial Services

Truist Financial Corp. 4.8%

1.51 90.7 Mil
Corporate

HSBC Capital Funding Dollar I L.P. 10.176%

1.47 88.4 Mil
Corporate

Bank of America Corp. 6.5%

1.45 87.3 Mil
Corporate