Principal Preferred Securities Fund R-4 Class (PQARX)

Net Asset Value
1 Day
Overall Morningstar Rating
Preferred stock
Style or Category
No Load
Sales Expenses
Expense Ratio
Below Average
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 each 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 (i.e. REIT) and utility industries.


1 month+0.13% 3 years+10.30%
3 months+0.60% 5 years+10.06%
1 year+10.64% Since inception+6.11%
Data through --

Peer Comparisonvs. Preferred stock

Performance 5-yr return+10.06%+11.50%
Expense ratio1.08%1.44%
Risk 5 year sharpe ratio1.681.71
Net assets$4.7B$1.6B
Average market cap----
Average P/E----
Portfolio turnover32%32%

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Fund Management and Purchase Info

Fund familyPrincipal Funds
Fund manager & tenureL. Jacoby IV / 12 Years
Minimal initial investment$0.00
Minimum IRA investment--


Fixed income41.38%
International stock3.04%
U.S. stock2.78%
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
-- Jpmorgan Chase FRN2.66%
-- Qbe Cap Fdg Iii 144A FRN1.88%
-- Rabobank Nederland 144A FRN1.74%
-- Prudential Finl FRN1.71%
-- Nationwide Finl Svcs FRN1.53%
-- General Elec Cap FRN1.40%
-- General Elec Cap FRN1.37%
-- Sompo Japan Ins 144A FRN1.36%
-- Wells Fargo & Co New FRN1.33%
-- Edf S A 144A FRN1.30%

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