YLDPrincipal Active High Yield ETF

Diversifier10y track recordRanked #12 of 240 in this goal

Seeks to provide a high level of current income.

By Principal Funds · Launched 2015

Annual Cost

0.39%

#1,958 of 5,573 · average

Fund Size

$545M

#1,501 of 5,573 · large

Return (1Y)Goal

+7.3%

Track Record

10 years

#1,317 of 5,573 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,495+4.9%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

Global

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 19.9% of fund✓ well diversified

Principal Government Money Market Fund

5.3%

ENERGY TRANSFER LP

2.0%

MATADOR RESOURCES CO

2.0%

FREEDOM MORTGAGE HOLD

1.5%

TASEKO MINES LTD

1.5%

JAZZ SECURITIES DAC

1.5%

OLYMPUS WTR US HLDG CORP

1.5%

AETHON UN/AETHIN UN FIN

1.5%

GLOBAL AIR LEASE CO LTD

1.5%

CALIFORNIA BUYER/ATLANTI

1.5%

Asset allocation

Bonds

93.9%

Cash

5.0%

Preferred

1.1%

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)

0.89Decent risk-adjusted returns

Sortino (3Y)

1.33Good downside protection

Bond profile

Duration

7.5 years

Avg maturity

10.0 years

Credit ratings

US Government

0.3%

AAA

0.4%

BBB

1.5%

24.4%

50.2%

Below B

18.4%

Other

5.1%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks to provide a high level of current income.
Strategy: Actively managed ETF investing primarily in below-investment-grade fixed-income securities, including bonds and bank loans. Incorporates top-down and bottom-up analysis for investment selection, with a focus on U.S. and foreign issuers, including emerging markets.
Inception date: July 8, 2015
Fund family: Principal Funds