Key stats
About Principal Active High Yield ETF
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Inception date
Jul 9, 2015
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Principal Global Investors LLC
Distributor
Alps Distributors, Inc.
YLD is a truly active ETF because the fund's portfolio manager has broad leeway to invest across asset classes and geographic boundaries in search of income, unlike active ETPs with index based strategies. The portfolio manager vaguely provided selection criteria for eligible securities such as economic factors, credit spreads, investor sentiment, and momentum. The portfolio may hold global equities of all sizes and styles, including REITs and MLPs. The fixed income component may include corporate and sovereign debt, investment-grade and high-yield debt, convertibles, preferred stock, mortgage securities, and floating-rate instruments. The manager faces no exposure limits of any kind, other than those mandated by RIC compliance.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Stocks1.62%
Finance1.41%
Utilities0.21%
Bonds, Cash & Other98.38%
Corporate87.29%
Loans6.92%
Mutual fund3.24%
Miscellaneous0.92%
Cash0.02%
Top 10 holdings
Dividends
Dividend payout history