(PQDI) Principal Exchange-Traded - Ratings and Ratios

The Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI) is an exchange-traded fund that primarily focuses on dividend-paying securities, including preferred securities and capital securities from both U.S. and non-U.S. issuers. The fund is required to invest at least 80% of its net assets, plus any borrowings for investment purposes, in such securities. It emphasizes investments in securities that qualify for favorable U.S. federal income tax treatment, such as qualified dividend income (QDI) and dividends from real estate investment trusts (REITs). This approach aims to optimize after-tax returns for investors.

The fund is categorized under preferred stock ETFs and trades on the NYSE ARCA under the ticker symbol PQDI. With an average volume of 2,603 shares over the past 20 days, PQDI operates with moderate liquidity. Its current price is 18.98, aligning closely with its 20-day and 50-day simple moving averages (SMA) of 18.98 and 18.89, respectively. The 200-day SMA stands at 18.56, indicating a slight upward trend in the longer term. The average true range (ATR) of 0.06 reflects low volatility in recent trading activity.

From a fundamental perspective, the fund manages assets under management (AUM) of $36.21 million. This relatively modest AUM suggests a targeted investment strategy, focusing on specific dividend-paying securities that align with its tax-advantaged objectives. The funds structure allows it to capitalize on the tax efficiencies of qualified dividends, making it appealing to income-focused investors seeking to minimize tax liabilities.