# Portfolio overlap — PREF vs PRFD Comparing **Principal Spectrum Preferred Securities Active ETF** (2026-03-31) and **PIMCO Preferred and Capital Securities Active Exchange-Traded Fund** (2026-03-31). - Shared positions: 77 - Principal Spectrum Preferred Securities Active ETF covered by PIMCO Preferred and Capital Securities Active Exchange-Traded Fund: 0.3525461112739618169715402184 - PIMCO Preferred and Capital Securities Active Exchange-Traded Fund covered by Principal Spectrum Preferred Securities Active ETF: 0.3525461112739618169715402186 ## 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 | ✓ | ## 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 `0001410368-26-043492` (as of 2026-03-31) - 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 _