Principal Investment Grade Corporate Active ETF (IG)

NYSEARCA: IG · IEX Real-Time Price · USD
21.34
-0.07 (-0.33%)
Feb 1, 2023, 10:42 AM EST - Market open
-0.33%
Assets $31.88M
Expense Ratio 0.19%
PE Ratio n/a
Shares Out 1.50M
Dividend (ttm) $1.47
Dividend Yield 6.87%
Ex-Dividend Date Dec 28, 2022
Payout Ratio n/a
1-Year Return -15.79%
Volume 5,414
Open 21.36
Previous Close 21.41
Day's Range 21.34 - 21.36
52-Week Low 19.82
52-Week High 25.54
Beta 0.31
Holdings 103
Inception Date Apr 18, 2018

About IG

The Principal Investment Grade Corporate Active ETF (IG) is an exchange-traded fund that is based on the Bloomberg U.S. Corporate Bond index. The fund is an actively managed fund that provides current income by selecting investment-grade, USD-denominated bonds of any maturity. IG was launched on Apr 18, 2018 and is managed by Principal.

Asset Class Fixed Income
Category Corporate Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol IG
Issuer Website Principal
Index Tracked Bloomberg U.S. Corporate Bond

Dividends

Ex-Dividend Amount Pay Date
Dec 28, 2022 $0.22273 Jan 3, 2023
Dec 1, 2022 $0.25432 Dec 6, 2022
Nov 1, 2022 $0.26189 Nov 4, 2022
Oct 3, 2022 $0.11516 Oct 6, 2022
Sep 1, 2022 $0.13044 Sep 7, 2022
Aug 1, 2022 $0.06926 Aug 4, 2022
Full Dividend History

News

Here's why some fund managers expect a bond resurgence

Bonds in portfolios have disappointed many investors over the past decade, but some fund managers expect a big resurgence. CNBC's Kristina Partsinevelos joins 'Squawk on the Street' with the details.

Other symbols: BSVHYGSHV
1 month ago - CNBC Television

An Active Bond ETF Can Better Adapt to Today's Changing Conditions

Fixed income investors should consider an actively managed fixed income exchange traded fund strategy that is capable of maneuvering through a quickly changing bond market while generating attractive ...

1 year ago - ETF Trends

Why Today's Bond Market Demands Active Management

As the prospect of easy money comes to an end and we are faced with a more challenging bond market environment, investors will have to adapt their fixed income portfolios to account for a more hawkish...

1 year ago - ETF Trends

Don't Turn Away from Corporate Bond ETFs Yet

Some investment-grade corporate bond strategies are proving steady amid another spike in coronavirus case counts across the U.S. The Principal Investment Grade Corporate Active ETF (NYSEArca: IG) is c...

2 years ago - ETF Trends

Equity Market Volatility Doesn't Ding IG's Credentials

Equities are contending with a bout of pre-election volatility, but that turbulence isn't weighing on investment-grade corporate bonds, highlighting advantages of the Principal Investment Grade Corpor...

2 years ago - ETF Trends

Get Active in Search for Quality IG Credit

With corporate bonds still not out of the downgrade woods, an active approach to investment-grade credit could be alluring for income investors. The Principal Investment Grade Corporate Active ETF (NY...

2 years ago - ETF Trends

Bonds Edging Out Stocks Thus Far in 2020

Don’t call it a comeback, but the stocks are rallying to hopefully end a September sell-off on a high note. But amid the Covid-19 pandemic, the safe confines of bonds are still edging out stocks in a ...

Other symbols: GOVTLKOR
2 years ago - ETF Trends

What’s Scaring Off High Yield ETF Investors?

Halloween is just over a month away, but fixed income investors are already getting spooked by high yield ETFs. With Covid-19 and a forthcoming presidential election feeding into uncertainty, will a h...

Other symbols: HYGJNK
2 years ago - ETF Trends

A Resilient Approach to Investment-Grade Credit

A recent spate of equity market volatility didn’t punish investment-grade corporate debt, highlighting benefits associated with the Principal Investment Grade Corporate Active ETF (NYSEArca: IG). Acti...

2 years ago - ETF Trends

This Credit ETF Holds Steady Among Equity Market Turbulence

Equity markets incurred a big bout of volatility to start September, but some corporate credit instruments, including the Principal Investment Grade Corporate Active ETF (NYSEArca: IG), held steady. I...

2 years ago - ETF Trends

Forget Cash-Like ETFs; Bet on Higher-Yield ETFs

Cash was a super-asset at the onset of the coronavirus pandemic but the asset is losing is charm of late.

Other symbols: BILEMCBFLTRIGLBSHV
2 years ago - Zacks Investment Research

It Pays to be Active as Corporate Bond Issuance Surges

Data confirm plenty of companies are taking advantage of record-low interest rates to either refinance old debt or issue new bonds. That spate of new issuance could spotlight the benefits of active ma...

2 years ago - ETF Trends

Spreads Say Principal Corporate Bond Is Worth Considering

Corporate bond yield spreads are subdued and that could pave the way for opportunity with the right exchange funds, including the Principal Investment Grade Corporate Active ETF (NYSEArca: IG). IG is ...

2 years ago - ETF Trends

Will Fear Keep Investors From Taking On More Corporate Bonds?

If gold’s rally is evident of anything, it’s that investors are still wary of the uncertainty that the coronavirus pandemic might bring moving forward. As such, this could inject a heavy load of volat...

Other symbols: LKOR
2 years ago - ETF Trends

EU Stimulus Package is a Game-Changer for European Debt Market

With nations around the globe implementing their own rescue packages to stave off the economic effects of the coronavirus, it was only a matter of time before the European Union (EU) would follow. Aft...

2 years ago - ETF Trends

Second Quarter Saw Strong Returns in Corporate Bonds

As the Federal Reserve poured funds into the bond markets, particularly exchange-traded funds (ETFs) and individual bonds, it was corporate bonds that were the major beneficiary during the second quar...

2 years ago - ETF Trends

Firmer Corporate Bond Market Could Bolster This Fund

After enduring some strife earlier this year, the investment-grade corporate bond market is showing signs of firming up and that could be to the benefit of ETFs, such as the Principal Investment Grade...

2 years ago - ETF Trends

Check Out This Corporate Bond ETF After Fed Purchases Revealed

First, it was ETFs and most recently, it was individual bond purchases as the U.S. Federal Reserve looked to shore up the fixed income market.

2 years ago - ETF Trends

Demographic Trends Are Vital to the Corporate Bond Investment Thesis

With the Federal Reserve buying billions of dollars worth of corporate bond ETFs, products such as the Principal Investment Grade Corporate Active ETF (NYSEArca: IG), are receiving some renewed attent...

2 years ago - ETF Trends

Research Shows Inflows into Bond Funds Are Helping Equities

The recent market rally ended with a six-day winning streak for the Dow Jones Industrial Average as optimism floods in on the U.S. economy slowly re-opening and easing lockdown measures.

2 years ago - ETF Trends

Maybe the Fed Should Consider This Corporate Bond ETF

Inflows to fixed income exchange traded funds are soaring this year and the Federal Reserve’s pledge to provide some ballast to the investment-grade and high-yield corporate bonds markets is a big rea...

2 years ago - ETF Trends

Is the High Yield Bond Bounce a Sustainable Rally?

High yield bond issues have been surging after the U.S. Federal Reserve decided to backstop junk debt as part of their economic stimulus efforts.

Other symbols: HYGJNK
2 years ago - ETF Trends