Morningstar

Principal Spectrum Preferred and Capital Securities Income Fund Class R-5 PPARX

Morningstar Medalist Rating
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Medalist Rating as of See Principal Investment Hub
  • NAV / 1-Day Return $8.82  /  −0.34 %
  • Fund Size $5.0B
  • Adjusted Expense Ratio 0.970%
  • Net Expense Ratio 0.960%
  • Fee Level: Distribution High
  • Share Class Type Retirement, Large
  • Morningstar Category Preferred Stock
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.86%
  • Turnover Ratio 25%
NAV and 1-Day Return as of

Morningstar’s Analysis PPARX

Will PPARX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Spectrum Pref&Cptl Scs IncR5 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PPARX

More PPARX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PNC Financial Services Group Inc. 6.25%

2.10 108M
Corporate

Liberty Mut Grp 144A FRN

1.56 81M
Corporate

ING Groep N.V. 7%

1.56 80M
Corporate

Bank of Nova Scotia 6.875%

1.49 77M
Corporate

NatWest Group PLC 8.125%

1.48 76M
Corporate

Bank of America Corp. 6.25%

1.47 76M
Corporate

MetLife Inc. 10.75%

1.46 76M
Corporate

Citigroup Inc. 6.625%

1.32 68M
Corporate

Barclays PLC 9.625%

1.31 68M
Corporate

Huntington Bancshares Incorporated 4.45%

1.19 62M
Corporate

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