# Portfolio overlap — PPSIX vs PRFD Comparing **Spectrum Preferred and Capital Securities Income Fund** (2026-02-28) and **PIMCO Preferred and Capital Securities Active Exchange-Traded Fund** (2026-03-31). - Shared positions: 103 - Spectrum Preferred and Capital Securities Income Fund covered by PIMCO Preferred and Capital Securities Active Exchange-Traded Fund: 0.3490373567118026910547579690 - PIMCO Preferred and Capital Securities Active Exchange-Traded Fund covered by Spectrum Preferred and Capital Securities Income Fund: 0.3490373567118026910547579688 ## Spectrum Preferred and Capital Securities Income Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | The PNC Financial Services Group, Inc. | 0.022120 | | | Principal Government Money Market Fund - Class R-6 | 0.019405 | | | BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 | 0.017035 | ✓ | | LIBMUT 7.8 03/15/37 | 0.016968 | | | ING GROEP NV JR SUBORDINA 12/99 VAR | 0.016176 | ✓ | | BARCLAYS PLC REGD V/R /PERP/ 9.62500000 | 0.015551 | ✓ | | NWG 8 1/8 PERP | 0.014518 | ✓ | | Huntington Bancshares, Inc. Series G, 4.450%, to 10/15/2027 | 0.013971 | | | METLIFE INC | 0.013670 | | | C V6.625 PERP | 0.013666 | ✓ | | METLIFE INC JR SUBORDINA 144A 04/68 9.25 | 0.012562 | | | CREDIT AGRICOLE SA F2V | 0.012470 | | | Wells Fargo & Co. | 0.011749 | ✓ | | ENBRIDGE INC SUBORDINATED 07/80 VAR | 0.011576 | ✓ | | BNS 6 7/8 10/27/2085 | 0.010949 | ✓ | | STT V6.7 PERP I | 0.010491 | ✓ | | GS V6.85 PERP | 0.010361 | ✓ | | State Street Corp., Series J | 0.010347 | ✓ | | JPMorgan Chase & Co., Series NN | 0.010341 | ✓ | | BNP V7.75 PERP 144A | 0.010225 | | | JPMorgan Chase & Co., Series OO | 0.010102 | ✓ | | Bank of America Corp. | 0.009775 | ✓ | | Wells Fargo & Co. | 0.009656 | ✓ | | Royal Bank of Canada | 0.009634 | ✓ | | BBVASM V7.75 PERP | 0.009282 | ✓ | | SANTAN 9 5/8 PERP | 0.009035 | ✓ | | BANCO SANTANDER SA REGD V/R /PERP/ SER * 9.62500000 | 0.008961 | ✓ | | Royal Bank of Canada | 0.008946 | | | Sumitomo Life Insurance Co. | 0.008920 | | | Banco Bilbao Vizcaya Argentaria S.A. | 0.008817 | ✓ | | RY 6.35 11/24/2084 | 0.008668 | | | Nordea Bank Abp | 0.008499 | ✓ | | UBS V9.25 PERP 144A | 0.008313 | | | CORPBOND | 0.008147 | | | SCGAU 5 1/8 09/24/2080 | 0.008102 | | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.007976 | ✓ | | Bank of Nova Scotia (The) | 0.007920 | ✓ | | Bank of Montreal | 0.007691 | ✓ | | Citigroup Inc., Series DD | 0.007668 | ✓ | | Argentum Netherlands BV for Swiss Re Ltd. | 0.007520 | | | Invesco Preferred ETF | 0.007515 | | | DOMINION ENERGY | 0.007100 | ✓ | | MTB V3.5 PERP | 0.007047 | | | Truist Financial Corp. Series Q Perpetual, 5.10%, 03/01/2030 | 0.006976 | ✓ | | STANLN 7 3/4 PERP | 0.006974 | | | BNP PARIBAS SA JR SUBORDINA 144A 12/99 VAR | 0.006861 | ✓ | | ENBRIDGE INC SUBORDINATED 03/78 VAR | 0.006828 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.006630 | ✓ | | CITIZENS FINANCIAL GROUP JR SUBORDINA 12/99 VAR | 0.006556 | | | Societe Generale SA (pfd) 10.00% 05/14/2174 Perpetual | 0.006383 | ✓ | ## PIMCO Preferred and Capital Securities Active Exchange-Traded Fund — top positions | Security | Weight | Shared | |----------|--------|--------| | US ULTRA BOND CBT Sep25 | 0.024280 | | | JPMorgan Chase & Co., Series OO | 0.018512 | ✓ | | Royal Bank of Canada | 0.017451 | ✓ | | Bank of America Corp., Series FF | 0.017168 | | | Wells Fargo & Co. | 0.016606 | ✓ | | C V6.95 PERP FF | 0.016158 | ✓ | | ENBRIDGE INC SUBORDINATED 07/80 VAR | 0.014079 | ✓ | | BARCLAYS PLC REGD V/R /PERP/ 8.00000000 | 0.012443 | ✓ | | BP CAPITAL PLC | 0.011981 | | | NWG 8 1/8 PERP | 0.011932 | ✓ | | Bank of America Corp. | 0.011810 | ✓ | | CM V6.95 01/28/85 | 0.011501 | ✓ | | METLIFE CAPITAL TRUST IV PFD 144A LIFE JR SUB (H) 7.875% 12-15-67/37 | 0.011380 | ✓ | | C V6.625 PERP | 0.011024 | ✓ | | Goldman Sachs Group, Inc. (The), Series X | 0.010434 | ✓ | | SANTAN 9 5/8 PERP | 0.010411 | ✓ | | ELECTRICITE DE FRANCE T5Y+NA PERP 144A | 0.009948 | ✓ | | Nippon Life Insurance Co. | 0.009838 | ✓ | | STT V6.7 PERP I | 0.009697 | ✓ | | BBVASM V8.125 01/08/39 144A | 0.009499 | | | SEMPRA | 0.009370 | | | NEXTERA ENERGY | 0.009337 | | | ET V7.125 PERP G | 0.009170 | | | COMMERZBANK AG JR SUBORDINA REGS 12/99 VAR | 0.009153 | | | TORONTO DOM BANK | 0.008933 | ✓ | | Citigroup Inc., Series DD | 0.008764 | ✓ | | TRANSCANADA TRUST REGD V/R 5.60000000 | 0.008526 | | | LIBMUT V4.125 12/15/51 144A | 0.008319 | ✓ | | Vodafone Group Public Limited Company | 0.008247 | | | DNB BANK ASA DNB BANK ASA | 0.008198 | | | LLOYDS BANKING GROUP PLC JR SUBORDINA 12/99 VAR | 0.008065 | ✓ | | TRANSCANADA TRUST REGD V/R 5.50000000 | 0.007948 | ✓ | | COF V3.95 PERP M | 0.007895 | ✓ | | COMPEER FINANCIAL ACA REGD V/R /PERP/ 144A P/P SER QIB 7.87500000 | 0.007697 | | | PRUDENTIAL FIN | 0.007623 | ✓ | | BNS V7.35 04/27/85 | 0.007591 | ✓ | | SCHW V4 PERP H | 0.007589 | ✓ | | Credit Agricole SA | 0.007586 | | | BANCO MERCANTIL DE NORTE JR SUBORDINA REGS 12/99 VAR | 0.007532 | | | ING GROEP NV JR SUBORDINA 12/99 VAR | 0.007503 | ✓ | | HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR | 0.007391 | ✓ | | ING GROEP NV JR SUBORDINA REGS 12/49 VAR | 0.007390 | | | Bank of Montreal | 0.007205 | ✓ | | AXP 3.55 PERP | 0.006932 | | | DOMINION ENERGY | 0.006455 | ✓ | | SEMPRA | 0.006279 | ✓ | | UBS GROUP AG JR SUBORDINA REGS 12/99 VAR | 0.006206 | | | NEXTERA ENERGY | 0.006142 | ✓ | | CRBG V6.875 PERP | 0.006114 | ✓ | | DOMINION ENERGY | 0.006104 | ✓ | ## Sources - N-PORT (fund A) — accession `0000898745-26-000539` (as of 2026-02-28) - N-PORT (fund B) — accession `0001099263-26-007314` (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 _