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Principal Preferred Securities Fund R-2 Class (PPRSX)

Net Asset Value
1 Day
Overall Morningstar Rating
Preferred stock
Style or Category
No Load
Sales Expenses
Expense Ratio
Morningstar Risk Rating™
Investment Objective The investment seeks to provide current income. The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. It concentrates its investments (invests more than 25% of its net assets) in securities in the U.S. and non-U.S. financial services (i.e., banking, insurance and commercial finance) industry. The fund also regularly invests in the real estate investment trust (REIT) and utility industries.


1 month+1.68% 3 years+5.57%
3 months+3.53% 5 years+6.85%
1 year+7.72% Since inception+5.60%
Data through --

Peer Comparisonvs. Preferred stock

Performance 5-yr return+6.85%+6.88%
Expense ratio1.46%1.28%
Risk 5 year sharpe ratio1.711.54
Net assets$5.5B$1.7B
Average market cap----
Average P/E----
Portfolio turnover14%14%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureL. Jacoby / 14 Years
Minimal initial investment$0.00
Minimum IRA investment--


Fixed income42.59%
U.S. stock5.30%
International stock0.88%
Top 5 Sectors
Portfolio weighting
Financial service 99.98%
Utilities 0.02%
Business service 0.00%
Consumer goods 0.00%
Consumer service 0.00%
Top 10 Holdings
Portfolio weighting
-- 2.80%
-- 2.46%
-- 2.13%
-- 1.54%
-- 1.52%
-- 1.43%
-- 1.40%
WFCPRL Wells Fargo & Co1.38%
-- 1.33%
-- 1.32%