Spectrum Preferred and Capital Securities Income Fund
The fund invests at least 80% of net assets in preferred and capital securities, which include preferred stock, junior subordinated debt, and Tier 2 subordinated debt from U.S. and non-U.S. financial institutions. It may allocate up to 55% of assets to below-investment-grade securities rated Ba1 or lower by Moody's or BB+ or lower by S&P Global, while concentrating investments in the financial services sector, particularly in banking, insurance, and commercial finance. The fund is not managed to a specific maturity or duration and also utilizes derivatives for hedging and income generation.
| Name | Cumulative Return | Ann. Return | Ann. Vol | Sharpe | Max DD |
|---|---|---|---|---|---|
Spectrum Preferred and Capital Securities Income Fund | -0.4% | -0.4% | 2.7% | -1.56 | -3.3% |
ETF performance based on market prices. Drag on chart to select period. Sharpe Ratio uses the one-month T-bill as the risk-free rate. From 10/7/2025 to 10/7/2026.
Name | YTD | 1D | 5D | 1M | 3M | 6M | 1Y | 2Y | 3Y | 5Y | MAX |
|---|---|---|---|---|---|---|---|---|---|---|---|
Spectrum Preferred and Capital Securities Income Fund | -1.3% | -0.2% | -0.2% | -2.6% | -3.1% | -1.0% | -0.4% | 3.2% | 7.8% | 2.1% | 5.4% |
ETF performance based on market prices. Returns for periods greater than one year are annualized. As of 10/7/2026.
Name | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | YTD |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Spectrum Preferred and Capital Securities Income Fund | 5.1%* | 10.7% | 4.4% | 1.6% | 7.0% | -8.0% | -22.3% | 46.6% | 16.3% | 1.5% | 19.2% | 1.8% | 11.5% | 5.0% | 3.7% | 10.5% | -4.5% | 16.5% | 5.5% | 3.0% | -10.7% | 6.6% | 9.7% | 7.8% | -1.3% |
* partial year — the series ran for only part of it (its first year, or the year it closed); the figure is the return over the part it did run. ETF performance based on market prices. As of 10/7/2026.
Select a second series, or to correlate with the seven research factors.
Name | Ann. α | β MKT | β SMB | β HML | β RMW | β CMA | β UMD | β iHML | R² | Obs |
|---|---|---|---|---|---|---|---|---|---|---|
PPSIXGlobal Dev Spectrum Preferred and Capital Securities Income Fund | -2.4% | 0.16** | 0.08** | -0.04* | 0.06* | 0.02 | 0.00 | -0.01 | 0.55 | 226 |
ETF performance based on market prices. Global Dev factor set. Daily OLS of excess return (fund − T-bill) on factor spread returns over the selected date range, intersected with each series' history. Bold with * |t| ≥ 1.96, ** |t| ≥ 2.58. Cell shading tracks each loading's t-stat. Betas are returns-based — compare with the holdings-based factor scores below. Factor returns are long-short spread returns (© Ken French, Dartmouth). Fama-French publishes daily factors for developed markets only, so Dev Ex-US is developed markets excluding the US and Global Dev is developed markets including it; emerging markets, a small share of world market capitalization, are not covered by the source data. From 10/7/2025 to 8/31/2026.
The fund invests at least 80% of net assets in preferred and capital securities, which include preferred stock, junior subordinated debt, and Tier 2 subordinated debt from U.S. and non-U.S. financial institutions. It may allocate up to 55% of assets to below-investment-grade securities rated Ba1 or lower by Moody's or BB+ or lower by S&P Global, while concentrating investments in the financial services sector, particularly in banking, insurance, and commercial finance. The fund is not managed to a specific maturity or duration and also utilizes derivatives for hedging and income generation.
MethodologyExpense ratio and its components from the fund's prospectus fee table; tax drag from its after-tax return table. Turnover from the SEC annual report (10/28/2025). Yield as of 10/6/2026, AUM 9/30/2026. Holdings, asset class, style, peer group and exposures as of 5/31/2026. Strategy summary from the fund's prospectus.
None of the selected metrics are scored for PPSIX — switch the picker to All, or add metrics under Metrics (top right).
Hover or click for factor definitions. Weighted average of underlying company-level values with weights equal to position size. Solid blue dots mark the fund's position within the clean equity fund universe (5th–95th percentile scale); the shaded band spans the fund's broad class (Fixed Income Funds) 25th–75th percentile, notched at the median. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026. Expense ratio, yield, and turnover as of 10/6/2026. AUM as of 9/30/2026.
Shares are percentages of the holdings that carry a country, not portfolio weights. Based on N-PORT domicile; ADRs list under their exchange. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026.
326 positions (top 10 shown, create for full holdings)
| # | Name | Ticker | Weight % | Sector | Industry | Country |
|---|---|---|---|---|---|---|
| 1 | PNC Financial Services Group Inc/The | PNC | 2.32 | Financials | Nat'l & Regional Banks | USA |
| 2 | Liberty Mutual Group | - | 1.78 | - | - | USA |
| 3 | ING Groep | INGA | 1.74 | Financials | Multinational Banks | NLD |
| 4 | Principal Funds, Inc - Government Money Market Fund - Class R-6 | - | 1.64 | - | - | USA |
| 5 | Bank of America | BAC | 1.61 | Financials | Multinational Banks | USA |
| 6 | NatWest Group | NWG | 1.53 | Financials | Nat'l & Regional Banks | GBR |
| 7 | Huntington Bancshares Inc/OH | HBAN | 1.50 | Financials | Nat'l & Regional Banks | USA |
| 8 | Barclays | BARC | 1.47 | Financials | Multinational Banks | GBR |
| 9 | Citigroup | C | 1.45 | Financials | Multinational Banks | USA |
| 10 | MetLife | MET | 1.44 | Financials | Insurance | USA |
Sector, country and factor detail need a security match; the share of weight that matched is a member figure, so the rows without one appear here with those columns blank. Holdings as of 5/31/2026. Stock-level data as of 8/31/2026.
Hover or click for definitions. Solid blue dots mark the fund: percentage rows on a 0–100% scale, holdings counts log-scaled across the clean-universe 5th–95th percentile range. The shaded band spans the fund's broad class (Fixed Income Funds) 25th–75th percentile, notched at the median. Holdings as of 5/31/2026.
One sub-card per benchmark: the market primary, then the style secondary — the gap between them is the style sleeve itself. Both anchors are Sparkline-inferred (market from asset class and region, style from the holdings size-and-style map), not the fund's official prospectus benchmark. Solid blue dot marks the fund; the shaded band spans the reference set's 25th–75th percentile, notched at the median (band follows the Peer Universe selector). Active Share compares the fund's book with the benchmark's, share for share; Tracking Error is the annualized daily deviation over the trailing two years (ruler runs to just past the universe's 95th percentile, or past the fund's own figure where that is larger); Benchmark Correlation is the plain daily correlation over the trailing year. Hover the labels for full definitions.
Metric | PPSIX Spectrum Preferred and Capital Securities Income Fund | Peer Group 54 funds | Peer Asset Class 2,838 funds |
|---|---|---|---|
YTD Return | -1.32% | -1.32%50 | -2.33%59 |
1Y Return | -0.41% | -1.24%57 | -1.51%59 |
3Y Return (Ann.) | 7.81% | 8.98%27 | 4.80%84 |
5Y Return (Ann.) | 2.11% | 0.88%65 | 0.27%71 |
Expense Ratiohigher = cheaper | 0.81% | 0.56%28 | 0.52%25 |
Sparkline's own holdings-based peer taxonomy (87 share classes across 54 funds). One share class shown per fund — the exchange-listed class where the SEC series has one, else its longest-history class; percentile ranks and medians are computed against the same deduped set. Quartile chips fill the layer the fund's rank falls in (top layer = best quartile). Funds without a full return history rank only on the horizons they cover.
Nearest funds across the whole universe, by holdings and behavior — the peer taxonomy is ignored, so matches can come from any category.
| Fund | Peer Group | ||||
|---|---|---|---|---|---|
| 1 | PNARX Spectrum Preferred and Capital Securities Income Fund Preferred Stock | Preferred Stock | 88 | - | - |
| 2 | PCSFX Capital Securities Fund Fixed Income - Core | Fixed Income - Core | 80 | - | - |
| 3 | CPRRX Cohen & Steers Preferred Securities & Income Fund, Inc. Preferred Stock | Preferred Stock | 78 | - | - |
| 4 | PISHX Preferred Securities and Income SMA Shares Preferred Stock | Preferred Stock | 70 | - | - |
| 5 | LPXAX Cohen & Steers Short Duration Preferred & Income Fund,Inc. Preferred Stock | Preferred Stock | 68 | - | - |
| 6 | CRDOX Six Circles Credit Opportunities Fund Fixed Income - Unconstrained | Fixed Income - Unconstrained | 65 | - | - |
| 7 | JPDAX JPMorgan Preferred and Income Securities Fund Preferred Stock | Preferred Stock | 62 | - | - |
| 8 | NPSCX Nuveen Preferred Securities and Income Fund Preferred Stock | Preferred Stock | 62 | - | - |
| 9 | PFANX PIMCO Preferred and Capital Securities Fund Preferred Stock | Preferred Stock | 62 | - | - |
| 10 | FPEIX First Trust Preferred Securities and Income Fund Preferred Stock | Preferred Stock | 60 | - | - |
The method columns are members-only — create a free account to see these figures.
MethodologyRows are the consensus top matches (a fund must place in at least two methods' top 250 to qualify, and matches missing more than one of this fund's own methods are not ranked — a row scored on fewer methods is a noisier estimate, not a better match). Click a method column to see that method's own top matches across the whole universe instead. Gray (N) beside each method's metric is that fund's rank in the whole universe on that method. Similarity is a percentile among match-grade fund pairs, 0–100 — 87 means the pair is closer than 87% of the strongest matches in the universe, averaged across the methods — so it compares across funds: index clones tie at the top with thousands of other clone pairs, so scores top out in the high 80s to 90s, while a one-of-a-kind fund's best match can score in the 30s. Rows are ordered by the Consensus Rank — the geometric mean of those universe ranks, shown in each cell's tooltip — and the score is held down the list to the level of the closest match above it, so equal scores mean equally close and the number reads as a floor. A dash means that method has no figure for the pair at all (one of them lacks the holdings or return history it needs). Hover a column header for each method's definition. The “Top…” strips above compare against every fund's own top match across the whole universe (they deliberately don't follow the Peer Universe selector); Top Similarity is simply the best match's score, with no reference band; the Holdings and Active Tilt strips carry no reference band because computing every fund's best book overlap would require a full holdings scan per fund — the dot stands alone on its natural 0–100% scale. One share class shown per fund, and a fund's own sister share classes are excluded from its Top-match strips. Holdings as of 5/31/2026. Consensus Rank is the geometric mean of the match's universe-wide rank across the methods (#1.0 = top match on every one). Return Correlation = correlation of market-hedged daily returns over the trailing two years (CAPM residuals), so only market-beta co-movement is removed; requires ~18 months of daily history (378 of the window's 504 trading days). Fama-French Similarity = 1/(1+d), where d is the Euclidean distance between factor betas (market, size, value, profitability, investment, momentum, intangible value) from up to three years of daily returns (min 378 daily observations and regression R² of at least 0.25); 1.00 = identical loadings.