Principal FundsPreferred StockPQDI · NYSE Arca

Principal Spectrum Preferred and Income ETF (PQDI)

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Price: $19.00; —11 Sept 2026
Assets: $111.3M; Total net assets
Expense ratio: 0.60%; Category 0.92%
Yield: 5.69%; Trailing distributions

1Y return: 2.6%+2.0%; Category 0.6%
3Y CAGR: 8.2%+1.2%; Category 7.0%
5Y CAGR: 2.8%+1.6%; Category 1.2%

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Principal Spectrum Preferred and Income ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	-0.9%	-0.5%	+1.1%	+0.9%	+2.6%	+8.2%	+2.8%	—	+4.4%
Preferred Stock average	-1.1%	-0.9%	0.9%	0.7%	0.6%	7.0%	1.2%	2.9%	3.5%
Difference	+0.2%	+0.5%	+0.2%	+0.2%	+2.0%	+1.2%	+1.6%	—	+0.9%

Holdings

The 2 largest positions make up 4.7% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
ALLPJ	Allstate Corp PRF PERPETUAL USD 25 - Ser J	2.63%
CFGPH	Citizens Financial Group Inc 7.375% PRF PERPETUAL USD 25 - Dep Rep 1/40 Sr	2.06%

Credit quality

Share of the bonds by rating.

A2.0%
BBB61.8%
BB36.3%

Asset mix

Bonds51.7%
Preferred shares47.9%
Cash0.4%

ETF details

Issuer: Principal Funds
Category: Fixed Income · Preferred Stock
Ticker: PQDI
Exchange: NYSE Arca
Inception: 16 Jun 2020 (6.2 years)
Structure: Exchange Traded Fund
Expense ratio: 0.60% (category 0.92%)
Holdings turnover: 41% (category 40%)
Distribution yield: 5.69%
Beta, 3 years: 0.56
Total net assets: $111.3M
Average duration: 7.58 years
Average maturity: 10.34 years

Prices and returns as of 11 Sept 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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