Provided by Tiger Fintech (Singapore) Pte. Ltd.

Principal Spectrum Preferred Securities Active ETF

18.32
-0.2300-1.24%
Post-market: 18.320.00000.00%16:05 EDT
Volume:237.87K
Turnover:4.38M
Market Cap:132.82M
PE:- -
High:18.48
Open:18.43
Low:18.32
Close:18.55
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Company Profile

Company Name:
Principal Spectrum Preferred Securities Active ETF
Exchange:
BATS
Establishment Date:
2017
Employees:
- -
Office Location:
801 Grand Avenue,Des Moines,Iowa,United States
Zip Code:
50392
Fax:
866 850 4024
Introduction:
The investment seeks to provide current income. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector.