Principal Preferred Securities Fund R-1 Class (PUSAX)

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. This strategy seeks to produce gains regardless of the directional movement of U.S. Treasuries, credit spreads and interest rates while mitigating volatility.


1 month+1.51% 3 years+8.93%
3 months+2.07% 5 years+8.81%
1 year+10.14% Since inception+5.36%
Data through --

Peer Comparisonvs. Preferred stock

Performance 5-yr return+8.81%+10.68%
Expense ratio1.59%1.44%
Risk 5 year sharpe ratio1.521.66
Net assets$4.8B$1.6B
Average market cap----
Average P/E----
Portfolio turnover20%20%

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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 income37.73%
International stock2.97%
U.S. stock2.76%
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 FRN2.61%
-- Qbe Cap Fdg Iii 144A FRN1.83%
-- Rabobank Nederland 144A FRN1.78%
-- Prudential Finl FRN1.64%
-- Nationwide Finl Svcs FRN1.48%
-- General Elec Cap FRN1.37%
-- Sompo Japan Ins 144A FRN1.32%
-- Wells Fargo & Co New FRN1.31%
-- Edf S A 144A FRN1.28%
-- Centaur Fdg Pfd 144A1.27%

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