# Principal Spectrum Preferred Securities Active ETF (PREF) — Overview

PREF · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/pref

## Price

Last close $18.33 on Oct 15, 2026. 52-week range $18.27 – $19.28.

## Fund profile

PREF is an actively managed fund with a primary focus on $1,000 par preferred securities.

| Metric | Value |
| --- | --- |
| Issuer | Principal Global Investors, LLC |
| Industry | — |
| Inception | Jul 10, 2017 |
| Assets under management | $1.9B |
| Expense ratio | 0.55% |
| Net asset value | $18.33 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Principal Spectrum Preferred Securities Active ETF (PREF)?

PREF is an actively managed fund with a primary focus on $1,000 par preferred securities.

### What is PREF's expense ratio?

Principal Spectrum Preferred Securities Active ETF charges an annual expense ratio of 0.55%. The fund is issued by Principal Global Investors, LLC.

### How large is PREF?

Principal Spectrum Preferred Securities Active ETF manages $1.9B in assets and has traded since Jul 10, 2017.

### How do I buy shares of Principal Spectrum Preferred Securities Active ETF (PREF)?

PREF trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).