PREF 📈 Principal Spectrum - Overview
Exchange: NYSE ARCA • Country: USA • Currency: USD • Type: Etf • ISIN: US74255Y8883 • Preferred Stock
PREF: Preferred Stocks, Depositary Receipts, Junior Subordinated Debt
Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in preferred securities at the time of purchase. Examples of preferred securities include preferred stock, certain depositary receipts, and various types of junior subordinated debt (such debt generally includes the contractual ability to defer payment of interest without accelerating an immediate default event). It concentrates its investments (invests more than 25% of its net assets) in securities in one or more industries within the financial services sector. ‣ Company URL: ‣ Domicile:
Additional Sources for PREF ETF
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
PREF ETF Overview
| Market Cap in USD | 1,056m |
| Category | Preferred Stock |
| TER | 0.55% |
| IPO / Inception | 2017-07-10 |
PREF ETF Ratings
| Growth 5y | 31.1% |
| Fundamental | - |
| Dividend | 48.6% |
| Rel. Strength Industry | -54.8 |
| Analysts | - |
| Fair Price Momentum | 18.30 USD |
| Fair Price DCF | - |
PREF Dividends
| Dividend Yield 12m | 4.66% |
| Yield on Cost 5y | 5.37% |
| Annual Growth 5y | -0.77% |
| Payout Consistency | 95.5% |
PREF Growth Ratios
| Growth Correlation 3m | 75.2% |
| Growth Correlation 12m | 98.7% |
| Growth Correlation 5y | 23.4% |
| CAGR 5y | 2.85% |
| CAGR/Mean DD 5y | 0.50 |
| Sharpe Ratio 12m | 1.76 |
| Alpha | -1.16 |
| Beta | 0.38 |
| Volatility | 3.84% |
| Current Volume | 260.5k |
| Average Volume 20d | 225.1k |
What is the price of PREF stocks?
As of January 14, 2025, the stock is trading at USD 18.58 with a total of 260,500 shares traded.
Over the past week, the price has changed by -0.75%, over one month by -0.58%, over three months by +0.40% and over the past year by +10.56%.
As of January 14, 2025, the stock is trading at USD 18.58 with a total of 260,500 shares traded.
Over the past week, the price has changed by -0.75%, over one month by -0.58%, over three months by +0.40% and over the past year by +10.56%.
Is Principal Spectrum a good stock to buy?
Neither. Based on ValueRay Analyses, Principal Spectrum is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 31.11 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PREF as of January 2025 is 18.30. This means that PREF is currently overvalued and has a potential downside of -1.51%.
Neither. Based on ValueRay Analyses, Principal Spectrum is currently (January 2025) neither a good nor a bad stock to buy. It has a ValueRay Growth Rating of 31.11 and therefor a technical neutral rating according to historical growth.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of PREF as of January 2025 is 18.30. This means that PREF is currently overvalued and has a potential downside of -1.51%.
Is PREF a buy, sell or hold?
Principal Spectrum has no consensus analysts rating.
Principal Spectrum has no consensus analysts rating.
What are the forecast for PREF stock price target?
According to ValueRays Forecast Model, PREF Principal Spectrum will be worth about 19.9 in January 2026. The stock is currently trading at 18.58. This means that the stock has a potential upside of +7.27%.
According to ValueRays Forecast Model, PREF Principal Spectrum will be worth about 19.9 in January 2026. The stock is currently trading at 18.58. This means that the stock has a potential upside of +7.27%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 19.9 | 7.3% |