Dividend Investing Ideas Center
Critical Facts You Need to Know About Preferred Stocks
Have you ever wished for the safety of bonds, but the return potential...
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.91
$660 M
3.24%
$0.29
0.76%
YTD Return
1.4%
1 yr return
1.8%
3 Yr Avg Return
-2.4%
5 Yr Avg Return
-1.2%
Net Assets
$660 M
Holdings in Top 10
30.4%
Expense Ratio 0.76%
Front Load N/A
Deferred Load N/A
Turnover 343.70%
Redemption Fee N/A
Standard (Taxable)
$0
IRA
N/A
Fund Type
Open End Mutual Fund
Name
As of 12/13/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
$8.91
$660 M
3.24%
$0.29
0.76%
Period | PMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -3.9% | 27.5% | 56.25% |
1 Yr | 1.8% | -4.4% | 32.7% | 61.61% |
3 Yr | -2.4%* | -7.4% | 12.1% | 51.12% |
5 Yr | -1.2%* | -5.7% | 3.3% | 84.91% |
10 Yr | 0.4%* | -2.2% | 3.4% | 64.46% |
* Annualized
Period | PMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 1.7% | -1.0% | 22.1% | 20.98% |
2022 | -13.4% | -20.4% | -5.8% | 43.05% |
2021 | -2.8% | -7.1% | 16.6% | 38.53% |
2020 | 0.5% | -1.3% | 8.8% | 99.53% |
2019 | 3.5% | 0.3% | 7.1% | 44.02% |
Period | PMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.4% | -3.9% | 27.5% | 56.25% |
1 Yr | 1.8% | -4.4% | 32.7% | 61.61% |
3 Yr | -2.4%* | -7.4% | 12.1% | 51.12% |
5 Yr | -1.2%* | -5.7% | 3.3% | 84.91% |
10 Yr | 0.4%* | -2.2% | 3.4% | 64.46% |
* Annualized
Period | PMREX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -0.5% | 28.8% | 22.77% |
2022 | -11.9% | -18.5% | -3.3% | 51.12% |
2021 | -1.5% | -4.5% | 25.3% | 47.71% |
2020 | 2.8% | -1.3% | 13.0% | 96.70% |
2019 | 6.5% | 1.8% | 11.3% | 17.22% |
PMREX | Category Low | Category High | PMREX % Rank | |
---|---|---|---|---|
Net Assets | 660 M | 8.69 M | 134 B | 54.02% |
Number of Holdings | 365 | 13 | 12380 | 48.66% |
Net Assets in Top 10 | 209 M | 5.7 M | 55.6 B | 53.13% |
Weighting of Top 10 | 30.40% | 6.2% | 99.3% | 58.93% |
Weighting | Return Low | Return High | PMREX % Rank | |
---|---|---|---|---|
Bonds | 100.95% | 0.03% | 161.75% | 47.32% |
Other | 22.58% | -20.46% | 42.16% | 2.68% |
Cash | 0.74% | -20.28% | 28.09% | 74.11% |
Stocks | 0.00% | 0.00% | 95.39% | 75.45% |
Preferred Stocks | 0.00% | 0.00% | 0.11% | 75.45% |
Convertible Bonds | 0.00% | 0.00% | 3.29% | 75.89% |
Weighting | Return Low | Return High | PMREX % Rank | |
---|---|---|---|---|
Securitized | 79.37% | 0.00% | 99.79% | 30.36% |
Government | 8.02% | 0.00% | 100.00% | 67.86% |
Cash & Equivalents | 0.74% | 0.00% | 28.09% | 61.61% |
Corporate | 0.00% | 0.00% | 9.48% | 83.93% |
Municipal | 0.00% | 0.00% | 5.24% | 79.46% |
Derivative | -0.03% | -12.53% | 3.25% | 75.45% |
Weighting | Return Low | Return High | PMREX % Rank | |
---|---|---|---|---|
US | 100.95% | 0.03% | 161.75% | 47.32% |
Non US | 0.00% | 0.00% | 2.20% | 75.45% |
PMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.76% | 0.03% | 2.85% | 46.19% |
Management Fee | 0.49% | 0.00% | 0.85% | 83.04% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.01% | 0.01% | 0.45% | 0.97% |
PMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 4.50% | N/A |
Deferred Load | N/A | 1.00% | 4.50% | N/A |
PMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PMREX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 343.70% | 3.35% | 948.00% | 74.29% |
PMREX | Category Low | Category High | PMREX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.24% | 0.00% | 4.94% | 70.54% |
PMREX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
PMREX | Category Low | Category High | PMREX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.43% | -0.80% | 2.96% | 72.65% |
PMREX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Date | Amount | Type |
---|---|---|
Nov 30, 2024 | $0.024 | OrdinaryDividend |
Oct 31, 2024 | $0.023 | OrdinaryDividend |
Sep 30, 2024 | $0.020 | OrdinaryDividend |
Aug 30, 2024 | $0.023 | OrdinaryDividend |
Jul 31, 2024 | $0.022 | OrdinaryDividend |
Apr 30, 2024 | $0.020 | OrdinaryDividend |
Mar 31, 2024 | $0.021 | OrdinaryDividend |
Feb 29, 2024 | $0.019 | OrdinaryDividend |
Jan 31, 2024 | $0.026 | OrdinaryDividend |
Dec 29, 2023 | $0.026 | OrdinaryDividend |
Nov 30, 2023 | $0.021 | OrdinaryDividend |
Oct 31, 2023 | $0.019 | OrdinaryDividend |
Sep 30, 2023 | $0.021 | OrdinaryDividend |
Aug 31, 2023 | $0.021 | OrdinaryDividend |
Jul 31, 2023 | $0.020 | OrdinaryDividend |
Jun 30, 2023 | $0.022 | OrdinaryDividend |
May 31, 2023 | $0.021 | OrdinaryDividend |
Apr 28, 2023 | $0.019 | OrdinaryDividend |
Mar 31, 2023 | $0.022 | OrdinaryDividend |
Feb 28, 2023 | $0.018 | OrdinaryDividend |
Jan 31, 2023 | $0.020 | OrdinaryDividend |
Dec 30, 2022 | $0.023 | OrdinaryDividend |
Nov 30, 2022 | $0.019 | OrdinaryDividend |
Oct 31, 2022 | $0.005 | OrdinaryDividend |
Sep 30, 2022 | $0.010 | OrdinaryDividend |
Aug 31, 2022 | $0.012 | OrdinaryDividend |
Jul 29, 2022 | $0.012 | OrdinaryDividend |
Jun 30, 2022 | $0.013 | OrdinaryDividend |
May 31, 2022 | $0.012 | OrdinaryDividend |
Apr 29, 2022 | $0.013 | OrdinaryDividend |
Mar 31, 2022 | $0.013 | OrdinaryDividend |
Feb 28, 2022 | $0.011 | OrdinaryDividend |
Jan 31, 2022 | $0.011 | OrdinaryDividend |
Dec 31, 2021 | $0.013 | OrdinaryDividend |
Nov 30, 2021 | $0.013 | OrdinaryDividend |
Oct 29, 2021 | $0.010 | OrdinaryDividend |
Sep 30, 2021 | $0.009 | OrdinaryDividend |
Aug 31, 2021 | $0.010 | OrdinaryDividend |
Jul 30, 2021 | $0.009 | OrdinaryDividend |
Jun 30, 2021 | $0.008 | OrdinaryDividend |
May 28, 2021 | $0.008 | OrdinaryDividend |
Apr 30, 2021 | $0.011 | OrdinaryDividend |
Mar 31, 2021 | $0.009 | OrdinaryDividend |
Feb 26, 2021 | $0.011 | OrdinaryDividend |
Jan 29, 2021 | $0.013 | OrdinaryDividend |
Dec 31, 2020 | $0.016 | OrdinaryDividend |
Nov 30, 2020 | $0.016 | OrdinaryDividend |
Oct 30, 2020 | $0.017 | OrdinaryDividend |
Sep 30, 2020 | $0.016 | OrdinaryDividend |
Aug 31, 2020 | $0.016 | OrdinaryDividend |
Jul 31, 2020 | $0.018 | OrdinaryDividend |
Jun 30, 2020 | $0.017 | OrdinaryDividend |
May 29, 2020 | $0.020 | OrdinaryDividend |
Apr 30, 2020 | $0.021 | OrdinaryDividend |
Mar 31, 2020 | $0.022 | OrdinaryDividend |
Feb 28, 2020 | $0.021 | OrdinaryDividend |
Jan 31, 2020 | $0.024 | OrdinaryDividend |
Dec 31, 2019 | $0.023 | OrdinaryDividend |
Nov 29, 2019 | $0.023 | OrdinaryDividend |
Oct 31, 2019 | $0.023 | OrdinaryDividend |
Sep 30, 2019 | $0.020 | OrdinaryDividend |
Aug 30, 2019 | $0.024 | OrdinaryDividend |
Jul 31, 2019 | $0.023 | OrdinaryDividend |
Start Date
Tenure
Tenure Rank
Oct 17, 2019
2.62
2.6%
Davis is a senior trader/research analyst for Principal Global Investors. He is responsible for trading mortgage-backed securities and developing investment strategies related to mortgages and derivatives. Davis joined the firm in 1993 as a servicing valuation director for Principal Residential Mortgage. He earned a bachelor’s degree in Finance from the University of Iowa. He has earned the right to use the Chartered Financial Analyst esignation and is a member of the CFA Institute.
Start Date
Tenure
Tenure Rank
Oct 17, 2019
2.62
2.6%
Zach Gassmann has been with Principal® since 2007. He received a master’s degree in financial management from Drake University and a bachelor’s degree in accounting from Simpson College. Mr. Gassmann has earned the right to use the Chartered Financial Analyst designation.
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.11 | 31.64 | 8.43 | 7.35 |
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