YLD

Fund Description
The investment seeks to provide current income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, its assets in investment grade and non-investment grade fixed income securities (commonly known as "junk bonds") and in equity securities. The funds Sub-Advisors, actively and tactically allocates the funds assets among fixed income securities and equity securities in an effort to take advantage of changing economic conditions that the Advisor believes favors one asset class over another.
Fund Profile
Fund Name Principal Active High Yield ETF
Fund Exchange Ticker YLD
Fund Sponsor Principal Financial Services
Fund ISIN US74255Y1029
Net Expense Ratio 0.39 %
Fund Inception Date 8 July 2015
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Multi-Asset / Other
Asset Class Target Date / Multi-Asset
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Key Statistics
Return As of Date 5 October 2022
Asset Under Management 227.55 Million (USD)
1 Month Total Return -1.95 %
Year To Date Return -13.90 %
1 Year Total Return -12.97 %
3 Year Annualized Total Return -0.58 %
NAV 17.5042
Share Outstanding 13,000,000
Top 10 Holdings (5 October 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
DISH DBS CORP SR SECURED 144A 12/26 5.25 BOND 4.8035526976436816e-05
ESCROW GENON ENERGY D05/11/11 10/20 9.875 BOND 1.28380256293829e-10
STATE STREET INSTITUTIONAL US STATE ST INST US GOV MM PREM GVMXX MMKT 0.036125854028124564
INTERNATIONAL GAME TECH SR SECURED 144A 01/29 5.25 BOND 0.01774349188085655
BOYNE USA INC SR UNSECURED 144A 05/29 4.75 BOND 0.01676582402120815
DIRECTV FIN LLC/COINC SR SECURED 144A 08/27 5.875 BOND 0.016661457120680404
AERCAP HOLDINGS NV COMPANY GUAR 10/79 VAR BOND 0.016564358853503505
ACADIA HEALTHCARE CO INC COMPANY GUAR 144A 04/29 5 BOND 0.015679669538607537
AETHON UN/AETHIN UN FIN SR UNSECURED 144A 02/26 8.25 BOND 0.015431550729005204
KINETIK HOLDINGS LP COMPANY GUAR 144A 06/30 5.875 BOND 0.015378094730847528