Fact sheet: Principal GIF PrefSec

Fund information

Fund name
Principal GIF Preferred Securities I Acc USD
Fund company manager
Principal Global Investors (Ir
Fund type
SIB
Fund manager(s)
Mark Lieb
since 22/04/2003
L. Phillip Jacoby IV
since 22/04/2003
Fund objective
The Fund seeks to provide an income return consistent with capital preservation. The Fund seeks to achieve its overall objective by investing primarily in a portfolio of U.S. dollar-denominated preferred securities and debt securities. Value will be primarily added through security selection.
Benchmark
-
Investment style
None
Investment method
Fixed Interest

Performance snapshot

Sector
Fund
Sector
Fund
Sector
Fund

Quick stats

1 Year return

9.23 %

1 Year rank in sector

2/38

Sector

FO Fixed Int - USD Investment Grade

Yield
-
Fund size

£ 4.7 b

FE Risk score

20

NAV
-
Discount/Premium
-
Gearing
-

Top in sector

Holdings snapshot

  • USA
    31.67%
  • UK
    18.98%
  • Switzerland
    10.07%
  • France
    6.87%
  • Japan
    6.38%
  • BBB
    19.94%
  • BBB-
    17.98%
  • BBB+
    17.37%
  • BB+
    12.94%
  • A-
    4.86%
  • US Fixed Interest
    26.01%
  • UK Fixed Interest
    18.9%
  • Swiss Fixed Interest
    10.07%
  • Preference Shares
    7.26%
  • French Fixed Interest
    6.87%

Performance vs. Sector

Sector
Fund
Sector
Fund
Sector
Fund

Cumulative performance

1m6m1y3y5y
Fund0.55 %5.54 %9.23 %20.93 %40.2 %
Sector0.18 %1.22 %1.2 %6.16 %12.22 %
Rank within sector4 / 402 / 402 / 383 / 333 / 29
Quartile th1 st1 st1 st1 st1 st

Calendar performance

YTD-20172016201520142013
Fund9.94 %5.51 %3.06 %11.1 %3.71 %
Sector3.06 %3.82 %-0.74 %5.96 %-1.08 %
Rank within sector2 / 407 / 354 / 333 / 322 / 32
Quartile th1 st1 st1 st1 st1 st

Risk statistics

Alpha4.54
Beta0.79
Sharpe0.81
Volatility3.51
Tracking error2.84
Information ratio1.41
R-Squared0.36

Price movement

52 week high21.9
52 week low19.77
Current bid price0
Current offer price0
Current mid price21.9

Holdings by region

  • 31.67% USA
  • 18.98% UK
  • 10.07% Switzerland
  • 6.87% France
  • 6.38% Japan
  • 5.59% Netherlands
  • 4.03% Canada
  • 3.76% Money Market
  • 3.26% Sweden
  • 2.74% Australia

Holdings by sector

  • 19.94% BBB
  • 17.98% BBB-
  • 17.37% BBB+
  • 12.94% BB+
  • 4.86% A-
  • 4.5% BB
  • 3.92% Non-Rated
  • 3.76% Money Market
  • 2.41% A
  • 1.89% B+

Holdings by asset type

  • 26.01% US Fixed Interest
  • 18.9% UK Fixed Interest
  • 10.07% Swiss Fixed Interest
  • 7.26% Preference Shares
  • 6.87% French Fixed Interest
  • 6.38% Japanese Fixed Interest
  • 5.45% Dutch Fixed Interest
  • 4.03% Canadian Fixed Interest
  • 3.76% Money Market
  • 3.26% Swedish Fixed Interest

Individual holdings

  • 3.68% COOPERATIEVE RABOBANK UA 11% NTS 30/06/19 USD1000`REG S`
  • 3.59% LLOYDS BANK PLC 12% FXD-TO-FLTG PERP CAP SECS USD100000
  • 1.8% EMERA INC FR BDS 15/06/76 USD2000
  • 1.79% METLIFE INC 10.75% BDS 01/08/69 USD1000
  • 1.73% AXA 8.6% SUB BDS 15/12/2030 USD1000
  • 1.6% DEMETER INVESTMENTS B V FRN 15/08/50 USD200000
  • 1.42% HSBC CAP FUNDING(DOLLAR 1)LP 10.176% NON-CUM STEP-UP PRP PFD REG`S
  • 1.42% LEGAL & GENERAL GROUP 5.25% RESET SUB NTS 21/03/47 USD200000
  • 1.33% AMERICAN INTERNATIONAL GROUP INC 8.175% SUBORD DEB 15/05/58 USD1000`A-6`
  • 1.3% STANDARD CHARTERED ADS EACH REPR 1 NON-CUM RED PRF SH`REGS`