Principal Active High Yield ETF YLD 19.48 Principal Active High Yield ETF

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Range:17.62-20.41Vol Avg:60435Last Div:1.32Changes:-0.04
Beta:0.77Cap:0.23BCurrency:USDExchange:AMEX
Sector:Financial ServicesIPO:Mon Jul 13 2015Empoloyees:
CUSIP:74255Y102CIK:0001572661ISIN:US74255Y1029Country:US
The fund is an actively managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in below-investment grade (commonly known as "junk" or “high yield”) fixed income securities, such as bonds and bank loans. It invests in U.S. treasury bills, bonds, and other obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities, investment grade bank loans (also known as senior floating rate interests), and preferred securities.

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