YLD

Principal Active High Yield ETF

$19.00

+0.00%

Market closed. Last update: 12:27 PM ET

📎 Investment Objective

The Principal Active High Yield ETF seeks to provide high current income by investing primarily in a diversified portfolio of high-yield fixed income securities.

Overview

ETF tracking Principal Active High Yield ETF

Category High Yield

Issuer Other

Inception Date 2015-07-09

Market Cap $394.1M

Average Volume N/A

Dividend Yield 5.97%

52-Week Range $18.16 - $19.61

VWAP $18.99

Performance

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Investment Summary

📎 Investment Objective

The Principal Active High Yield ETF seeks to provide high current income by investing primarily in a diversified portfolio of high-yield fixed income securities.

🎯 Investment Strategy

The fund's investment advisor uses a fundamental, bottom-up approach to identify high-yield bonds that offer attractive risk-adjusted return potential. The portfolio is actively managed, with the goal of generating high income while managing overall portfolio risk.

✨ Key Features

Focuses on high-yield corporate bonds, which can provide higher income potential than investment-grade fixed income
Actively managed portfolio aiming to balance yield and risk
Diversified exposure to the high-yield bond market
No minimum investment required

⚠️ Primary Risks

High-yield bonds are subject to greater credit and default risk than investment-grade securities
Actively managed funds can underperform their benchmarks
Interest rate risk as bond prices may decline when rates rise
Liquidity risk as high-yield bonds can be less liquid than other fixed income assets

👤 Best For

The Principal Active High Yield ETF may be suitable for investors seeking higher income potential from their fixed income allocation, who have a higher risk tolerance, and a longer-term investment horizon to weather potential volatility in the high-yield bond market.