Key stats
About Principal Spectrum Tax-Advantaged Dividend Active ETF
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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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate89.66%
Miscellaneous4.38%
Structured4.01%
Mutual fund1.91%
Cash0.05%
Stock breakdown by region
North America69.95%
Europe29.30%
Asia0.75%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PQDI top holdings are State Street Corp Depositary Shs Repr 1/100th Non-Cum Perp Pfd Shs Fixed to Fltg Series 1 and Enbridge Inc. 6.0% 15-JAN-2077, occupying 4.01% and 3.87% of the portfolio correspondingly.
PQDI last dividends amounted to 0.08 USD. The month before, the issuer paid 0.08 USD in dividends, which shows a 1.58% increase.
PQDI assets under management is 58.93 M USD. It's risen 0.39% over the last month.
PQDI fund flows account for 21.34 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.
Yes, PQDI pays dividends to its holders with the dividend yield of 4.94%. The last dividend (Sep 4, 2025) amounted to 0.08 USD. The dividends are paid monthly.
PQDI shares are issued by Principal Financial Group, Inc. under the brand Principal. The ETF was launched on Jun 16, 2020, and its management style is Active.
PQDI expense ratio is 0.60% meaning you'd have to pay 0.60% of your investment to help manage the fund.
PQDI follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PQDI invests in bonds.
PQDI price has risen by 0.63% over the last month, and its yearly performance shows a 2.36% increase. See more dynamics on PQDI price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.22% over the last month, showed a 3.21% increase in three-month performance and has increased by 8.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.22% over the last month, showed a 3.21% increase in three-month performance and has increased by 8.07% in a year.
PQDI trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.