UUPPPrincipal CLO ETF
Seeks current income and capital appreciation during periods of rising U.S. interest rates.
By Principal Funds · Launched 2026
Annual Cost
0.19%
#840 of 5,942 · low cost
Fund Size
$15M
#4,654 of 5,942 · small
Dividend YieldGoal
—
Track Record
3 months
#5,528 of 5,942 · young
Performance
Total-return NAV · USDGrowth of $10,000
$10,125+1.2%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightAsset allocation
Bonds
97.4%
Cash
2.6%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
N/A
Max drawdown
-0.2%Mild
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Bond profile
Duration
4.9 years
Avg maturity
10.0 years
Credit ratings
AAA
100.0%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks current income and capital appreciation during periods of rising U.S. interest rates.
- Strategy
- Actively manages a portfolio primarily invested in collateralized loan obligations (CLOs), focusing on senior tranches that are typically investment grade-rated. The Fund aims to provide current income and capital appreciation, investing at least 80% of net assets in CLOs and utilizing derivatives for hedging and tactical positioning.
- Inception date
- May 21, 2026
- Fund family
- Principal Funds
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Data updated on 2026-08-24