# Portfolio overlap — PFPNX vs PREF Comparing **PIMCO Preferred and Capital Securities Fund** (2026-03-31) and **Principal Spectrum Preferred Securities Active ETF** (2026-03-31). - Shared positions: 50 - PIMCO Preferred and Capital Securities Fund covered by Principal Spectrum Preferred Securities Active ETF: 0.2210621718251829436796888967 - Principal Spectrum Preferred Securities Active ETF covered by PIMCO Preferred and Capital Securities Fund: 0.2210621718251829436796888968 ## PIMCO Preferred and Capital Securities Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | PIMCO PRV SHORT TERM FLT III MUTUAL FUND | 0.049678 | | | Bank of America Corp., Series FF | 0.024324 | | | JPMorgan Chase & Co., Series OO | 0.021352 | ✓ | | UBS V9.25 PERP 144A | 0.016116 | | | C V6.95 PERP FF | 0.014957 | ✓ | | BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR | 0.014079 | | | The PNC Financial Services Group, Inc. | 0.013702 | ✓ | | Wells Fargo & Co. | 0.013588 | ✓ | | INTESA SANPAOLO SPA JR SUBORDINA REGS 12/99 VAR | 0.013333 | | | DEPOSITORY TRUST & CLEAR REGD V/R /PERP/ 144A P/P SER D 3.37500000 | 0.013148 | | | METLIFE CAPITAL TRUST IV PFD 144A LIFE JR SUB (H) 7.875% 12-15-67/37 | 0.012555 | | | ET V7.125 PERP G | 0.012397 | | | LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR | 0.012024 | | | Royal Bank of Canada | 0.011946 | ✓ | | BANORT V8.375 PERP REGS | 0.011798 | | | PRUDENTIAL FIN | 0.011422 | | | BARCLAYS PLC JR SUBORDINA 12/99 VAR | 0.010973 | | | TORONTO DOM BANK | 0.010801 | ✓ | | ING GROEP NV JR SUBORDINA REGS 12/49 VAR | 0.010751 | | | SANTAN 9 5/8 PERP | 0.010709 | | | COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/99 VAR | 0.010563 | | | BNP PARIBAS CARDIF JR SUBORDINA REGS 12/99 VAR | 0.010531 | | | NATWEST GROUP PLC JR SUBORDINA 12/99 VAR | 0.010471 | | | KBC GROUP NV JR SUBORDINA REGS 12/99 VAR | 0.010467 | | | CS AT1 CLAIMS US225401AL29 CREDIT SUISSE GROUP AG | 0.010106 | | | COOPERATIEVE RABOBANK UA JR SUBORDINA REGS 12/49 VAR | 0.010076 | | | Citigroup Inc., Series AA | 0.009873 | | | Goldman Sachs Group, Inc. (The), Series X | 0.009797 | ✓ | | Bank of America Corp. | 0.009778 | ✓ | | CS AT1 CLAIMS USH3698DDQ46 CREDIT SUISSE GROUP AG | 0.009573 | | | FARM CREDIT BK OF TEXAS JR SUBORDINA 144A VAR | 0.009223 | | | US ULTRA BOND CBT Sep25 | 0.008771 | | | STT V6.7 PERP I | 0.008369 | ✓ | | CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 10/85 VAR | 0.008171 | ✓ | | ERSTE GROUP BANK AG JR SUBORDINA REGS 12/99 VAR | 0.008137 | | | JPMorgan Chase & Co., Series NN | 0.007997 | ✓ | | NATIONWIDE BUILDING SOC CCDS COMMON STOCK | 0.007990 | | | BBVASM V8.125 01/08/39 144A | 0.007816 | | | Nippon Life Insurance Co. | 0.007806 | | | USB Realty Corporation | 0.007667 | | | SOUTH JERSEY INDUSTRIES REGD 5.02000000 | 0.007647 | | | CS AT1 CLAIMS US225401AR98 CREDIT SUISSE GROUP AG | 0.007464 | | | LIBMUT V4.125 12/15/51 144A | 0.007118 | ✓ | | The Goldman Sachs Group, Inc. | 0.007095 | ✓ | | DNB BANK ASA DNB BANK ASA | 0.007047 | | | AXP 3.55 PERP | 0.007007 | ✓ | | TXT V0 02/15/42 144A | 0.006951 | | | CAIXABANK SA JR SUBORDINA REGS 12/99 VAR | 0.006932 | | | DEUTSCHE BANK AG JR SUBORDINA REGS 12/99 VAR | 0.006856 | | | American AgCredit Corp | 0.006659 | | ## Principal Spectrum Preferred Securities Active ETF — top positions | Security | Weight | Shared | |----------|--------|--------| | Principal Government Money Market Fund | 0.030503 | | | METLIFE INC | 0.028522 | ✓ | | Bank of Nova Scotia (The) | 0.025213 | | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.025133 | | | TORONTO DOM BANK | 0.024877 | ✓ | | JPMorgan Chase & Co., Series OO | 0.023692 | ✓ | | The PNC Financial Services Group, Inc. | 0.019972 | ✓ | | Bank of America Corp. | 0.018606 | ✓ | | ENBRIDGE INC SUBORDINATED 01/84 VAR | 0.018074 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.016516 | ✓ | | Wells Fargo & Co. | 0.014954 | ✓ | | Bank of Montreal | 0.014732 | ✓ | | Energy Transfer L.P. | 0.014147 | | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.013774 | | | Goldman Sachs Group, Inc. (The), Series X | 0.013753 | ✓ | | MTB V3.5 PERP | 0.013260 | | | PRUDENTIAL FIN | 0.013253 | | | Royal Bank of Canada | 0.013028 | | | The Goldman Sachs Group, Inc. | 0.012952 | ✓ | | NEXTERA ENERGY | 0.012156 | | | MYLIFE V6.1 06/11/55 144A | 0.012097 | | | CM V6.95 01/28/85 | 0.012089 | ✓ | | DUKE ENERGY COR | 0.011273 | | | USB V3.7 PERP | 0.011181 | | | TRANSCANADA TRUST REGD V/R 5.60000000 | 0.011125 | | | Citigroup Inc., Series DD | 0.010957 | ✓ | | Wells Fargo & Co. | 0.010863 | ✓ | | ELECTRICITE DE FRANCE T5Y+NA PERP 144A | 0.010654 | ✓ | | C V6.75 PERP EE | 0.010572 | | | Voya Financial, Inc., Series A | 0.010416 | | | LIBMUT V4.125 12/15/51 144A | 0.010249 | ✓ | | PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR | 0.010209 | | | AMER ELEC PWR | 0.009873 | | | COF V3.95 PERP M | 0.009756 | | | Dai-ichi Life Insurance Co., Ltd. (The) | 0.009357 | ✓ | | RY 6.35 11/24/2084 | 0.009226 | | | CORPBOND | 0.009123 | | | Royal Bank of Canada | 0.009108 | ✓ | | BMO V6.875 11/26/85 6 | 0.009045 | | | TORONTO-DOMINION BANK/THE JR SUBORDINA 07/84 VAR | 0.008744 | ✓ | | CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 10/85 VAR | 0.008707 | ✓ | | METLIFE INC JR SUBORDINA 144A 04/68 9.25 | 0.008307 | | | NIPPON LIFE INSURANCE SUBORDINATED 144A 01/51 VAR | 0.008188 | | | DOMINION ENERGY | 0.007955 | | | C V7.375 PERP Z | 0.007929 | | | Truist Financial Corp., Series N | 0.007809 | | | State Street Corp., Series J | 0.007779 | | | REINSURANCE GRP | 0.007440 | ✓ | | ALLIANT ENERGY | 0.007261 | | | BP Capital Markets PLC | 0.006926 | | ## Sources - N-PORT (fund A) — accession `0001099263-26-007232` (as of 2026-03-31) - N-PORT (fund B) — accession `0001410368-26-043492` (as of 2026-03-31) --- _Informational only — not investment advice. FundWatcher presents publicly available data and makes no recommendation to buy or sell any security. Verify all figures against the source filing before relying on them._ _Data sourced from U.S. SEC EDGAR filings (Forms N-PORT, N-CEN, and prospectus Risk/Return summaries). FundWatcher is not affiliated with the SEC._ _Use of this data is subject to the FundWatcher Terms of Service. Information may be used only for personal, non-commercial research and may not be redistributed. See _