Principal Spectrum Preferred and Income ETF (PQDI)

Principal Spectrum Preferred and Income ETF (PQDI) is an exchange-traded fund in the Preferred Stock category. It has $113.97M in assets, an expense ratio of 0.60% and a 5.85% dividend yield. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities and other income-producing securities. The fund also invests in other income-producing securities that include securities that have a stated coupon rate which expects to pay interest or dividends. The fund invests in income-producing securities, including but not limited to contingent convertible securities (“Cocos”) and other types of capital securit…