PREF
Principal Spectrum Preferred Securities Active ETF
Principal Exchange-Traded Funds
ETF

Portfolio moves

Net position changes between two of this fund's N-PORT snapshots. These are differences between point-in-time reports — not a trade log — and share counts can be affected by splits and other corporate actions.

Dec 31, 2025 → Mar 31, 2026

Expand a category to see the positions behind it, ranked by weight.

Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
METLIFE INC 0 42,800,000 42,800,000 2.85% $42.01M
Wells Fargo & Co. 0 10,000,000 10,000,000 0.68% $10.04M
BK V5.625 PERP M 0 4,350,000 4,350,000 0.29% $4.26M
Emera U.S. Finance LLC 0 3,400,000 3,400,000 0.23% $3.40M
RY V6.5 05/24/86 0 3,100,000 3,100,000 0.21% $3.02M
CMS ENERGY 0 3,000,000 3,000,000 0.19% $2.74M
XCEL ENERGY INC 0 2,500,000 2,500,000 0.17% $2.44M
EVERSOURCE ENERG 0 1,800,000 1,800,000 0.12% $1.78M
CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 07/86 VAR 0 400,000 400,000 0.03% $390.99K
REINSURANCE GRP 0 371,000 371,000 0.02% $358.61K
C V6.5 PERP JJ 0 100,000 100,000 0.01% $99.76K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
SOUTHERN CO 13,845,000 0 -13,845,000 0.00% -$13.84M
Enbridge, Inc., Series 16-A 10,516,000 0 -10,516,000 0.00% -$10.53M
M&T Bank Corp., Series G 5,313,000 0 -5,313,000 0.00% -$5.31M
GS V7.379 PERP Q 2,787,000 0 -2,787,000 0.00% -$2.79M
CoBank, ACB, Series J 2,720,000 0 -2,720,000 0.00% -$2.66M
BANK OF NY MELLON CORP REGD V/R /PERP/ SER F 4.62500000 1,404,000 0 -1,404,000 0.00% -$1.39M
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
Principal Government Money Market Fund 38,149,190 44,924,780 6,775,590 3.05% $6.78M
Bank of Nova Scotia (The) 34,728,000 35,728,000 1,000,000 2.52% $252.09K
BANK OF AMERICA CORP REGD V/R /PERP/ 6.25000000 36,495,000 36,795,000 300,000 2.51% -$51.57K
TORONTO DOM BANK 33,965,000 35,515,000 1,550,000 2.49% $822.04K
JPMorgan Chase & Co., Series OO 32,717,000 34,006,000 1,289,000 2.37% $898.15K
The PNC Financial Services Group, Inc. 28,250,000 29,160,000 910,000 2.00% $250.95K
Bank of America Corp. 25,895,000 26,728,000 833,000 1.86% $421.43K
ENBRIDGE INC SUBORDINATED 01/84 VAR 13,580,000 23,661,000 10,081,000 1.81% $11.05M
HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR 20,758,000 24,688,000 3,930,000 1.65% $3.55M
Wells Fargo & Co. 20,370,000 21,247,000 877,000 1.50% $737.81K
Bank of Montreal 19,200,000 21,200,000 2,000,000 1.47% $1.23M
Energy Transfer L.P. 19,800,000 20,950,000 1,150,000 1.41% $960.15K
Royal Bank of Canada 19,100,000 19,850,000 750,000 1.30% $165.48K
The Goldman Sachs Group, Inc. 14,799,000 19,176,000 4,377,000 1.30% $4.07M
CM V6.95 01/28/85 15,996,000 17,846,000 1,850,000 1.21% $1.39M
Wells Fargo & Co. 14,730,000 15,230,000 500,000 1.09% $287.72K
Dai-ichi Life Insurance Co., Ltd. (The) 12,600,000 13,700,000 1,100,000 0.94% $619.58K
RY 6.35 11/24/2084 13,894,000 14,244,000 350,000 0.92% $11.09K
BMO V6.875 11/26/85 6 11,400,000 13,200,000 1,800,000 0.90% $1.59M
TORONTO-DOMINION BANK/THE JR SUBORDINA 07/84 VAR 9,708,000 12,660,000 2,952,000 0.87% $2.68M
CANADIAN IMPERIAL BANK OF COMM JR SUBORDINA 10/85 VAR 11,890,000 12,690,000 800,000 0.87% $429.69K
METLIFE INC JR SUBORDINA 144A 04/68 9.25 5,035,000 10,435,000 5,400,000 0.83% $6.19M
Truist Financial Corp., Series N 11,021,400 11,521,400 500,000 0.78% $449.56K
ALLIANT ENERGY 5,850,000 11,000,000 5,150,000 0.73% $4.86M
BP Capital Markets PLC 8,713,000 10,113,000 1,400,000 0.69% $1.22M
SEMPRA 9,050,000 9,800,000 750,000 0.66% $564.35K
FARM CREDIT BK OF TEXAS JR SUBORDINA 12/99 VAR 7,811,000 9,311,000 1,500,000 0.65% $1.49M
DOMINION ENERGY 8,847,000 9,347,000 500,000 0.64% $373.63K
CRBG V6.875 PERP 2,700,000 9,190,000 6,490,000 0.64% $6.59M
STT V6.7 PERP I 8,888,000 9,088,000 200,000 0.63% -$38.76K
PHILLIPS 66 CO 7,950,000 8,650,000 700,000 0.58% $693.73K
BNS 6 7/8 10/27/2085 7,300,000 8,550,000 1,250,000 0.57% $914.68K
C V6.625 PERP 6,295,000 8,375,000 2,080,000 0.57% $1.98M
Nippon Life Insurance Co. 7,223,000 8,098,000 875,000 0.57% $572.01K
AQNCN V4.75 01/18/82 7,494,000 7,744,000 250,000 0.51% $141.33K
State Street Navigator Securities Lending Portfolio II 3,114,968 6,787,198 3,672,229 0.46% $3.67M
SEMPRA 5,600,000 6,475,000 875,000 0.44% $737.78K
AMER ELEC PWR 4,625,000 6,000,000 1,375,000 0.40% $1.40M
Sumitomo Life Insurance Co. 5,492,000 5,892,000 400,000 0.39% $217.89K
TELUS Corp. 5,216,000 5,566,000 350,000 0.39% $252.29K
AMER ELEC PWR 5,047,000 5,147,000 100,000 0.37% $53.06K
ENTERGY CORP 3,575,000 5,516,000 1,941,000 0.37% $1.87M
TELUS CORP REGD V/R SER ... 6.62500000 2,095,000 3,845,000 1,750,000 0.25% $1.65M
EUSHI FINANCE INC REGD V/R 7.62500000 3,281,000 3,491,000 210,000 0.24% $154.16K
Energy Transfer LP 2,450,000 2,750,000 300,000 0.18% $275.05K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
LIBMUT V4.125 12/15/51 144A 23,152,000 15,452,000 -7,700,000 1.02% -$7.73M
COF V3.95 PERP M 20,465,000 14,580,000 -5,885,000 0.98% -$5.85M
AXP 3.55 PERP 12,667,000 8,621,000 -4,046,000 0.58% -$3.97M
CITIZENS FINANCIAL GROUP JR SUBORDINA 12/99 VAR 13,448,000 8,448,000 -5,000,000 0.56% -$5.06M
COREBRIDGE FIN 12,778,000 7,053,000 -5,725,000 0.48% -$5.98M
SCHW V4 PERP I 23,920,000 3,815,000 -20,105,000 0.26% -$19.98M
ENTERPRISE PRODU 6,733,000 3,733,000 -3,000,000 0.25% -$3.02M
EMERA INC SUB (H) 6.75% 06-15-76/26 9,334,000 2,050,000 -7,284,000 0.14% -$7.32M
TELUS CORP REGD V/R SER . 6.37500000 1,250,000 500,000 -750,000 0.03% -$757.08K
Security Shares Dec 2025 Shares Mar 2026 Δ shares End % Δ value
HUNTINGTON BANCSHARES JR SUBORDINA 12/99 VAR 20,103,000 20,103,000 0 1.38% -$171.22K
Goldman Sachs Group, Inc. (The), Series X 19,334,000 19,334,000 0 1.38% -$211.05K
MTB V3.5 PERP 20,172,000 20,172,000 0 1.33% -$14.79K
PRUDENTIAL FIN 21,487,000 21,487,000 0 1.33% -$466.32K
NEXTERA ENERGY 18,549,000 18,549,000 0 1.22% -$231.95K
MYLIFE V6.1 06/11/55 144A 17,800,000 17,800,000 0 1.21% -$650.55K
DUKE ENERGY COR 17,285,000 17,285,000 0 1.13% -$176.41K
USB V3.7 PERP 16,800,000 16,800,000 0 1.12% $72.77K
TRANSCANADA TRUST REGD V/R 5.60000000 16,712,000 16,712,000 0 1.11% -$121.61K
Citigroup Inc., Series DD 15,680,000 15,680,000 0 1.10% -$399.62K
ELECTRICITE DE FRANCE T5Y+NA PERP 144A 13,550,000 13,550,000 0 1.07% -$66.98K
C V6.75 PERP EE 15,578,000 15,578,000 0 1.06% -$286.31K
Voya Financial, Inc., Series A 14,793,000 14,793,000 0 1.04% -$262.16K
PNC FINANCIAL SERVICES JR SUBORDINA 12/99 VAR 15,003,000 15,003,000 0 1.02% -$213.55K
AMER ELEC PWR 14,842,000 14,842,000 0 0.99% -$52.47K
CORPBOND 13,746,000 13,746,000 0 0.91% -$104.70K
Royal Bank of Canada 13,100,000 13,100,000 0 0.91% -$462.10K
NIPPON LIFE INSURANCE SUBORDINATED 144A 01/51 VAR 13,694,000 13,694,000 0 0.82% -$277.68K
DOMINION ENERGY 11,820,000 11,820,000 0 0.80% -$112.02K
C V7.375 PERP Z 11,302,000 11,302,000 0 0.79% -$179.90K
State Street Corp., Series J 11,150,000 11,150,000 0 0.78% -$219.06K
REINSURANCE GRP 11,007,000 11,007,000 0 0.74% -$415.50K
BP CAPITAL PLC 9,600,000 9,600,000 0 0.68% -$220.69K
JPMorgan Chase & Co., Series NN 9,327,000 9,327,000 0 0.66% -$214.67K
Enbridge Inc. 8,766,000 8,766,000 0 0.64% -$63.33K
KeyCorp Capital III 9,010,000 9,010,000 0 0.64% -$95.32K
DOMINION ENERGY 8,967,000 8,967,000 0 0.63% -$91.98K
PHILLIPS 66 CO 9,100,000 9,100,000 0 0.61% -$41.34K
RY V6.75 08/24/85 8,850,000 8,850,000 0 0.60% -$301.94K
ALTAGAS LTD REGD V/R 144A P/P 7.20000000 8,370,000 8,370,000 0 0.58% -$190.54K
C V6.95 PERP FF 8,250,000 8,250,000 0 0.56% -$194.28K
Vodafone Group PLC 10,364,000 10,364,000 0 0.55% -$78.45K
NEXTERA ENERGY 7,754,000 7,754,000 0 0.54% -$136.56K
KeyCorp Capital I 7,704,000 7,704,000 0 0.51% -$23.44K
Zurich Finance Ireland Designated Activity Co. 8,000,000 8,000,000 0 0.49% -$108.74K
STATE STREET CORP 6.450000% MATURITY: PERPETUAL 7,020,000 7,020,000 0 0.48% -$150.46K
MYLIFE V5.8 09/11/54 144A 7,041,000 7,041,000 0 0.47% -$207.72K
Argentum Netherlands BV for Swiss Re Ltd. 6,500,000 6,500,000 0 0.44% -$56.74K
BNS V7.35 04/27/85 6,350,000 6,350,000 0 0.44% -$191.63K
NISOURCE INC 6,207,000 6,207,000 0 0.43% -$77.61K
Bank of Montreal 6,160,000 6,160,000 0 0.43% -$214.08K
BPLN V4.875 PERP 6,384,000 6,384,000 0 0.43% -$48.65K
EXELON CO 6,116,000 6,116,000 0 0.42% -$128.31K
Truist Financial Corp. Series Q Perpetual, 5.10%, 03/01/2030 6,128,000 6,128,000 0 0.42% -$53.21K
PNC FINANCIAL SERVICES REGD V/R /PERP/ SER U 6.00000000 6,069,000 6,069,000 0 0.41% -$68.71K
PRUDENTIAL FIN 6,197,000 6,197,000 0 0.40% -$210.59K
DUKE ENERGY COR 5,239,000 5,239,000 0 0.37% -$88.73K
SPIRE INC 5,350,000 5,350,000 0 0.36% $6.74K
ALVGR V6.35 09/06/53 144A 5,000,000 5,000,000 0 0.35% -$162.83K
TRANSCANADA TRUST REGD V/R 5.50000000 5,233,000 5,233,000 0 0.35% -$6.06K
Bank of Nova Scotia (The) 4,756,000 4,756,000 0 0.34% -$113.36K
EVERGY INC 4,836,000 4,836,000 0 0.33% -$74.45K
CENTERPOINT ENER 4,800,000 4,800,000 0 0.33% -$68.29K
US Bancorp Variable Rate, Due 12/29/2049 4,796,000 4,796,000 0 0.32% -$37.85K
Truist Financial Corp., Series A 4,800,000 4,800,000 0 0.32% -$25.06K
COREBRIDGE FIN 4,700,000 4,700,000 0 0.31% -$116.61K
GS V6.85 PERP 4,405,000 4,405,000 0 0.30% -$90.75K
Bank of America Corp., Series TT 4,358,000 4,358,000 0 0.30% -$56.88K
BANK OF MONTREAL 4,362,000 4,362,000 0 0.29% -$34.97K
SUMITOMO LIFE INSUR SUBORDINATED 144A 04/81 VAR 4,740,000 4,740,000 0 0.29% -$117.77K
Nippon Life Insurance Co. 4,704,000 4,704,000 0 0.28% -$98.17K
TRANSCANADA PL 3,850,000 3,850,000 0 0.27% -$60.13K
TELUS Corp. 3,828,000 3,828,000 0 0.26% -$76.85K
The PNC Financial Services Group, Inc. 3,718,000 3,718,000 0 0.25% $14.33K
SWISS RE SUBORDINATED FINANCE PLC 3,600,000 3,600,000 0 0.24% -$142.04K
AMER ELEC PWR 3,460,000 3,460,000 0 0.24% -$42.06K
ENBRIDGE INC SUBORDINATED 07/80 VAR 3,524,000 3,524,000 0 0.24% -$40.44K
CMS ENERGY 3,390,000 3,390,000 0 0.22% -$46.77K
Huntington Bancshares, Inc. Series G, 4.450%, to 10/15/2027 3,169,000 3,169,000 0 0.21% -$2.09K
Northern Trust Corp., Series D 2,899,000 2,899,000 0 0.20% -$14.87K
SCGAU 5 1/8 09/24/2080 2,775,000 2,775,000 0 0.19% -$61.34K
WEC ENERGY GROUP 2,400,000 2,400,000 0 0.16% -$63.52K
COBKAC V6.45 PERP K 2,286,000 2,286,000 0 0.16% $3.37K
Dominion Energy, Inc., Series C 2,105,000 2,105,000 0 0.14% -$15.71K
SOUTHERN CO 2,000,000 2,000,000 0 0.14% -$30.27K
C V7.125 PERP CC 2,000,000 2,000,000 0 0.14% -$42.27K
SCHW V4 PERP H 2,000,000 2,000,000 0 0.13% -$17.10K
EQUITABLE HLDGS 1,591,000 1,591,000 0 0.11% -$53.40K
EUSHI FINANCE INC REGD V/R 6.25000000 1,550,000 1,550,000 0 0.10% -$25.17K
Charles Schwab Corp. (The), Series K 1,500,000 1,500,000 0 0.10% -$26.17K
AMER ELEC PWR 1,350,000 1,350,000 0 0.09% -$6.68K
C V6.875 PERP GG 1,100,000 1,100,000 0 0.08% -$35.25K
Swiss RE Subordinated Finance PLC 1,000,000 1,000,000 0 0.07% -$29.93K
NISOURCE INC 800,000 800,000 0 0.05% -$17.35K
CENTERPOINT ENER 100,000 100,000 0 0.01% -$1.65K

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