Key stats
About Principal Spectrum Tax-Advantaged Dividend Active ETF
Home page
Inception date
Jun 16, 2020
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Principal Global Investors LLC
Distributor
ALPS Distributors, Inc.
ISIN
US74255Y7638
PQDI aims to provide current income by investing in a diversified portfolio of global USD denominated securities in the preferred and capital securities market. The fund targets exposure to securities whose payments and distributions qualifies for favorable US federal income tax treatment. Securities selected are dividend-paying securities, including preferred stocks, depositary receipts, REITs, junior subordinated debts, corporate bonds and contingent convertible securities. Due to the nature of preferreds, the funds holdings are concentrated in the financial sector. PQDI can hold securities of any credit quality and maturity, however the active management of the fund looks to enhance returns as compared to passively managed funds in the space.
Related funds
Classification
What's in the fund
Exposure type
Corporate
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PQDI trades at 19.50 USD today, its price has fallen −0.35% in the past 24 hours. Track more dynamics on PQDI price chart.
PQDI net asset value is 19.44 today — it's risen 0.33% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PQDI assets under management is 60.42 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PQDI price has fallen by −0.35% over the last month, and its yearly performance shows a 1.66% increase. See more dynamics on PQDI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.33% over the last month, showed a 2.33% increase in three-month performance and has increased by 7.34% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.33% over the last month, showed a 2.33% increase in three-month performance and has increased by 7.34% in a year.
PQDI fund flows account for 21.36 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PQDI invests in bonds. See more details in our Analysis section.
PQDI expense ratio is 0.60%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PQDI isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PQDI technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PQDI shows the buy signal. See more of PQDI technicals for a more comprehensive analysis.
Today, PQDI technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PQDI shows the buy signal. See more of PQDI technicals for a more comprehensive analysis.
Yes, PQDI pays dividends to its holders with the dividend yield of 5.00%.
PQDI trades at a premium (0.18%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PQDI shares are issued by Principal Financial Group, Inc.
PQDI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jun 16, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.