Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.
Principal Spectrum Pref&Cptl Scs IncR3 PNARX
- NAV / 1-Day Return 9.26 / −0.22 %
- Total Assets 6.3 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.270%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Medium
- Category Preferred Stock
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 0
- Status Open
- TTM Yield 4.76%
- Effective Duration 3.46 years
USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0
Morningstar’s Analysis PNARX
Will PNARX 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 14.9
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Dominion Energy Inc 4.65% | 1.98 | 123.3 Mil | Corporate |
JPMorgan Chase & Co. 3.65% | 1.93 | 120.1 Mil | Corporate |
Wells Fargo & Co. 3.9% | 1.73 | 107.6 Mil | Corporate |
Intesa Sanpaolo S.p.A. 7.7% | 1.62 | 101.1 Mil | Corporate |
The Charles Schwab Corporation 4% | 1.60 | 99.7 Mil | Corporate |
Liberty Mut Grp 144A FRN | 1.37 | 85.5 Mil | Corporate |
Huntington Bancshares Incorporated 4.45% | 1.35 | 84.2 Mil | Corporate |
HSBC Capital Funding Dollar I L.P. 10.176% | 1.30 | 81.3 Mil | Corporate |
Truist Financial Corp. 4.8% | 1.29 | 80.4 Mil | Corporate |
Nordea Bank ABP 6.625% | 1.23 | 76.9 Mil | Corporate |