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YLDPrincipal Active High Yield ETF

Diversifier11y track recordRanked #13 of 266 in this goal

Seeks a high level of current income.

By Principal Funds · Launched 2015

Annual Cost

0.39%

#1,918 of 5,861 · low cost

Fund Size

$573M

#1,493 of 5,861 · large

Return (1Y)Goal

+5.8%

Track Record

11 years

#1,295 of 5,861 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,371+3.7%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 19.0% of fundwell diversified

Principal Funds, Inc - Government Money Market Fund
3.3%
State Street Institutional US Government Money Market Fund
2.8%
ENERGY TRANSFER LP
2.0%
MATADOR RESOURCES CO
2.0%
JAZZ SECURITIES DAC
1.5%
OLYMPUS WTR US HLDG CORP
1.5%
FREEDOM MORTGAGE HOLD
1.5%
GLOBAL AIR LEASE CO LTD
1.5%
CALIFORNIA BUYER/ATLANTI
1.5%
SMYRNA READY MIX CONCRET
1.5%

Asset allocation

Bonds
95.3%
Cash
3.6%
Preferred
1.1%
Stocks
0.0%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
4.4%Low

Year-on-year price swings

Max drawdown
-28.3%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
0.80Decent risk-adjusted returns
Sortino (3Y)
1.19Good downside protection

Bond profile

Duration

7.5 years

Avg maturity

10.0 years

Credit ratings

US Government
0.3%
AAA
0.4%
BBB
1.4%
BB
23.8%
B
51.5%
Below B
18.3%
Other
4.5%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks a high level of current income.
Strategy
Actively manages a portfolio primarily invested in below-investment-grade fixed-income securities, including bonds and bank loans. Incorporates top-down and bottom-up analysis, investing in U.S. treasury securities and securities of foreign issuers, including those in emerging markets.
Inception date
July 8, 2015
Fund family
Principal Funds

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Data updated on 2026-08-04