PRFCX — Spectrum Preferred and Capital Securities Income Fund
Data updated: 2026-07-24
PRFCX — Spectrum Preferred and Capital Securities Income Fund. Corporate Bond · $4.80B AUM · 1.82% expense ratio. Holdings, fees, performance and SEC filings.
PRFCX Fund Overview
PRFCX — Spectrum Preferred and Capital Securities Income Fund is a US mutual fund managed by Principal Funds, Inc., categorised as Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Principal Funds, Inc.
- Category: Corporate Bond
- Assets under management: $4.80B
- 1-year return: 5.8%
- Ticker: PRFCX
- SEC CIK: 0000898745
- SEC series ID: S000007170
- Share class ID: C000038790
PRFCX Holdings
Top 10 holdings of Spectrum Preferred and Capital Securities Income Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| PNC Financial Services Group Inc/The | 2.32% |
| Liberty Mutual Group Inc | 1.78% |
| ING Groep NV | 1.74% |
| Principal Funds, Inc - Government Money Market Fund - Class R-6 | 1.64% |
| Bank of America Corp | 1.61% |
| NatWest Group PLC | 1.53% |
| Huntington Bancshares Inc/OH | 1.50% |
| Barclays PLC | 1.47% |
| Citigroup Inc | 1.45% |
| MetLife Inc | 1.44% |
PRFCX Portfolio Allocation
Asset-class allocation of Spectrum Preferred and Capital Securities Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 85.8% |
| Equity | 12.3% |
| Cash & Equivalents | 1.6% |
PRFCX Performance
Total returns for PRFCX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.8% |
| 1 year | 5.8% |
| 3 years (annualised) | 7.8% |
| 5 years (annualised) | 1.9% |
PRFCX Risk Information
Risk metrics for PRFCX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.6%
PRFCX Costs and Fees
PRFCX costs about $182 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.82%
- Gross expense ratio: 1.82%
- Portfolio turnover: 25%
- Brokerage commissions: 0.15 bps of average net assets (SEC N-CEN)
PRFCX Cashflows
Over the 12 months to 2026-05, Spectrum Preferred and Capital Securities Income Fund had net outflows of $756.89M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-05 | −$246.56M |
| 2026-04 | −$7.58M |
| 2026-03 | −$46.14M |
| 2026-02 | $533.79K |
| 2026-01 | −$12.04M |
| 2025-12 | −$72.11M |
PRFCX Debt Constituents
Largest debt holdings of Spectrum Preferred and Capital Securities Income Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| PNC Financial Services Group Inc/The | 2.32% |
| Liberty Mutual Group Inc | 1.78% |
| ING Groep NV | 1.74% |
| Bank of America Corp | 1.61% |
| NatWest Group PLC | 1.53% |
| Huntington Bancshares Inc/OH | 1.50% |
| Barclays PLC | 1.47% |
| Citigroup Inc | 1.45% |
| MetLife Inc | 1.44% |
| Credit Agricole SA | 1.33% |
PRFCX Prospectus and SEC Filings
Official Spectrum Preferred and Capital Securities Income Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-12-23
- Prospectus (485BPOS) — filed 2024-12-27
- Prospectus (485BPOS) — filed 2023-12-27
- Portfolio holdings (N-PORT) — filed 2026-07-24
- Portfolio holdings (N-PORT) — filed 2026-04-24
- Portfolio holdings (N-PORT) — filed 2026-01-23
- Annual census (N-CEN) — filed 2025-11-14
- Annual census (N-CEN) — filed 2023-11-13
Related Funds
Other 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.