PREF — Principal Spectrum Preferred Securities Active ETF
Data updated: 2026-08-11
PREF — Principal Spectrum Preferred Securities Active ETF. Long Corporate Bond · $1.77B AUM. Holdings, fees, performance and SEC filings.
PREF Fund Overview
PREF — Principal Spectrum Preferred Securities Active ETF is a US ETF managed by Principal Exchange-Traded Funds, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: Principal Exchange-Traded Funds
- Category: Long Corporate Bond
- Assets under management: $1.77B
- 1-year return: 6.0%
- Ticker: PREF
- SEC CIK: 0001572661
- SEC series ID: S000054767
- Share class ID: C000172043
PREF Holdings
Top 10 holdings of Principal Spectrum Preferred Securities Active ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bank Of America Corp. | 2.73% |
| Metlife, Inc. | 2.40% |
| Enbridge, Inc. | 2.35% |
| Toronto-Dominion Bank | 2.07% |
| JPMorgan Chase & Co. | 1.97% |
| Pnc Financial Services | 1.84% |
| Bank Of Nova Scotia | 1.83% |
| Principal Funds, Inc - Government Money Market Fund, Class R-6 | 1.82% |
| Charles Schwab Corp. | 1.68% |
| M&t Bank Corporation | 1.67% |
PREF Portfolio Allocation
Asset-class allocation of Principal Spectrum Preferred Securities Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 98.5% |
| Cash & Equivalents | 2.2% |
PREF Performance
Total returns for PREF (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 2.2% |
| 1 year | 6.0% |
| 3 years (annualised) | 9.4% |
| 5 years (annualised) | 3.1% |
PREF Risk Information
Risk metrics for PREF, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 2.6%
PREF Costs and Fees
PREF costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 0.55%
- Portfolio turnover: 14%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
PREF Cashflows
Over the 12 months to 2026-06, Principal Spectrum Preferred Securities Active ETF had net inflows of $534.08M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $42.68M |
| 2026-05 | $255.49M |
| 2026-04 | $12.39M |
| 2026-03 | $8.52M |
| 2026-02 | $0 |
| 2026-01 | $39.15M |
PREF Debt Constituents
Largest debt holdings of Principal Spectrum Preferred Securities Active ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Bank Of America Corp. | 2.73% |
| Metlife, Inc. | 2.40% |
| Enbridge, Inc. | 2.35% |
| Toronto-Dominion Bank | 2.07% |
| JPMorgan Chase & Co. | 1.97% |
| Pnc Financial Services | 1.84% |
| Bank Of Nova Scotia | 1.83% |
| Charles Schwab Corp. | 1.68% |
| M&t Bank Corporation | 1.67% |
| Wells Fargo & Company | 1.60% |
PREF Prospectus and SEC Filings
Official Principal Spectrum Preferred Securities Active ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-10-27
- Prospectus (485BPOS) — filed 2024-10-25
- Prospectus (485BPOS) — filed 2023-10-26
- Portfolio holdings (N-PORT) — filed 2026-08-11
- Portfolio holdings (N-PORT) — filed 2026-05-13
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2025-09-11
- Annual census (N-CEN) — filed 2024-09-09
Related Funds
Other Long Corporate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.