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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 8.60  /  0.12 %
  • Total Assets 5.7 Bil
  • Adj. Expense Ratio
    0.950%
  • Expense Ratio 0.950%
  • 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 5.41%
  • Effective Duration 3.33 years

USD | NAV as of Dec 05, 2023 | 1-Day Return as of Dec 05, 2023, 1:30 AM 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 0
  • Bond Holdings 133
  • Other Holdings 171
  • % Assets in Top 10 Holdings 23.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 23

12.12
659,580,948
Government

JPMorgan Chase & Co. 3.65%

2.21
120,381,428
Corporate

Dominion Energy Inc 4.65%

2.09
113,843,731
Corporate

Barclays PLC 8%

1.77
96,633,271
Corporate

JPMorgan Chase & Co DR

1.70
92,699,237
Financial Services

Duke Energy Corp 4.875%

1.64
89,398,891
Corporate

Wells Fargo & Company 3.9%

1.63
88,632,736
Corporate

Intesa Sanpaolo S.p.A. 7.7%

1.59
86,617,639
Corporate

HSBC Capital Funding Dollar I L.P. 10.176%

1.59
86,337,076
Corporate

Bank of America Corporation 6.5%

1.55
84,476,257
Corporate