Principal Spectrum Preferred and Income ETF
Principal Spectrum Preferred and ETF (AMEX: PQDI) is an exchange-traded fund listed on NYSE Arca, trading at $18.61 (about ₹1,749 a unit) as of 10 Nov 2026, 3:05 PM ET. It has an expense ratio of 0.6% and holds 126 securities. Indian residents can buy PQDI through Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$18.59
Today's high
$18.66
52 week low
$18.41
52 week high
$20.07
PQDI opened at $18.66, closed previously at $18.74, and has traded between $18.41 and $20.07 over the past 52 weeks.
About
The fund's primary objective is to deliver ongoing income to investors. Typically, and under usual market conditions, it dedicates a minimum of 80% of its total investment capital – which comprises its net assets and any funds borrowed for investment purposes – to preferred securities and a diverse range of other instruments designed to generate income. This investment approach specifically incorporates contingent convertible securities (CoCos) and various other forms of capital instruments.
Key statistics
Expense ratio
0.6%
Assets (AUM)
$123.3M
Holdings
126
NAV
$18.69
Avg. volume
17.09K
1-year price change
-4.81%
5-year price change
-12.55%
Price change excludes dividends.
Top 10 holdings
PQDI holds 126 securities in total. These 10 are 25.3% of the fund.
Where the money is invested
Sectors
Countries
How to buy PQDI from India
Indian residents can buy PQDI units through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the units are held in your own name with Interactive Brokers. Read the full guide: how to invest in PQDI from India
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Search PQDI and buy
Find the fund by its ticker, PQDI, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Track holdings and download tax reports
Follow your PQDI position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying PQDI from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- Taxable in IndiaGains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
- Dividends
- Slab rateIt pays the dividends from its holdings out to you in cash, and dividends are taxed at your slab rate in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
What is the PQDI price today?
Principal Spectrum Preferred and ETF (PQDI) last traded at $18.61 on NYSE Arca, as of 10 Nov 2026, 3:05 PM ET. That is ₹1,749 a unit at the 10 Nov 2026 USD/INR rate.
When does PQDI trade, in Indian time?
NYSE Arca trades 8:00 pm – 2:30 am IST, so the close lands after midnight. The window shifts to 7:00 pm – 1:30 am IST when the US is on daylight time. Orders can only execute during that window.
How big is PQDI, and what does it cost to hold?
Principal Spectrum Preferred and ETF manages about $123.3M. Its expense ratio is 0.6% a year, deducted inside the fund. It launched in 2020.
What are PQDI's largest holdings?
The top three are WELLS FARGO + COMPANY JR SUBORDINA 12/99 VAR (3.9%), ING GROEP NV JR SUBORDINA 12/99 VAR (3.9%) and CREDIT AGRICOLE SA JR SUBORDINA 144A 12/99 VAR (3.0%). PQDI's 10 largest positions make up 25.3% of the fund.
Does PQDI pay dividends?
Yes. PQDI is a distributing fund and pays the dividends from its holdings out in cash. In India they are taxed at your slab rate.
How are gains on PQDI taxed in India?
Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling.
Can I buy fractional units of PQDI?
Yes. You can buy PQDI by amount rather than by whole unit, and there is no minimum trade size.
How has PQDI performed?
PQDI's price is down 4.8% over the past year and down 12.5% over five years. These figures are price change only and exclude dividends; past performance does not guarantee future returns.