Please use Principal Preferred fundamental data analysis to find out if markets are presently mispricing the entity. We found twelve available financial ratios for Principal Preferred which can be compared to its competitors. Please employ Principal Preferred Last Dividend Paid, Equity Positions Weight and the relationship between Minimum Initial Investment and Cash Position Weight to make a decision on weather Principal Preferred is priced adequately. Use Principal Preferred to protect against small markets fluctuations. The fund experiences normal downward trend, but the immediate impact on correlations cannot be determined at the moment . Check odds of Principal Preferred to be traded at $8.41 in 30 days
Principal Preferred Company Summary
The funds objective is to provide a return consisting of income consistent with capital preservation. Principal Preferred is traded on Irland Stock Exchange in Ireland.
Principal Preferred Bond Positions Weight vs Cash Position Weight
Principal Preferred Secs A USD is currently considered the top fund in bond positions weight among similar funds. It is currently considered the top fund in cash position weight among similar funds creating about 0.07 of Cash Position Weight per Bond Positions Weight. The ratio of Bond Positions Weight to Cash Position Weight for Principal Preferred Secs A USD is roughly 13.75
Principal Preferred Market Fundamentals
Principal Preferred Financial Distress Probability
Chance of Financial Distress
Principal Preferred Secs A USD has less than 1 (%) percent chance of experiencing financial distress in the next 2 years of operations. More Info
Principal Preferred Secs A USD is currently considered the top fund in net asset among similar funds. Total Asset Under Management (AUM) of Other Bond category is currently estimated at about 48.4 Billion. Principal Preferred totals roughly 24.2 Billion in net asset claiming about 50% of funds under Other Bond category.