Principal Active High Yield ETFPrincipal Active High Yield ETFPrincipal Active High Yield ETF

Principal Active High Yield ETF

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Key stats


Assets under management (AUM)
‪266.91 M‬USD
Fund flows (1Y)
‪115.59 M‬USD
Dividend yield (indicated)
6.43%
Discount/Premium to NAV
0.3%

About Principal Active High Yield ETF


Issuer
Principal Financial Group, Inc.
Brand
Principal
Expense ratio
0.39%
Inception date
Jul 9, 2015
Index tracked
No Underlying Index
Management style
Active
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


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 19, 2024
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks1.66%
Finance1.45%
Utilities0.21%
Bonds, Cash & Other98.34%
Corporate88.43%
Loans7.64%
Mutual fund1.72%
Miscellaneous0.55%
Cash0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows