Principal Launches Preferred Securities Website

Principal Funds has launched a website for financial professionals, preferredsecurities.com, that demonstrates how preferred securities can offer the potential for increased income, diversification and reduced volatility.

The website includes commentary from preferred securities specialist Spectrum Asset Management, which is sub-advisor of the Principal Preferred Securities Fund. The site will continue to publish analysis, videos, details on various preferred strategies and investor-friendly sales tools.

“The preferred securities environment continues to shift dramatically, in part due to recent regulatory changes,” said Phil Jacoby, executive director and chief investment officer at Spectrum and portfolio manager of the Principal Preferred Securities Fund. “We believe this is a unique timeframe, and we seek to structure the portfolio to provide an attractive and stable return for investors.”