The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.
Principal Spectrum Pref&Cptl Scs IncInst PPSIX
- NAV / 1-Day Return 9.04 / 0.00
- Total Assets 6.1 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.810%
- Distribution Fee Level Below Average
- Share Class Type Institutional
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 5.20%
- Effective Duration 3.35 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:10 AM GMT+0
Morningstar’s Analysis PPSIX
Will PPSIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- 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 |