Principal Value ETF (PY)

NASDAQ: PY · IEX Real-Time Price · USD
0.00 (0.00%)
Nov 28, 2023, 12:00 AM EST - Market open
Assets $44.54M
Expense Ratio 0.15%
PE Ratio 17.20
Shares Out n/a
Dividend (ttm) $1.19
Dividend Yield 2.95%
Ex-Dividend Date Oct 2, 2023
Payout Ratio 50.66%
1-Year Return -4.19%
Volume 56
Open 40.50
Previous Close 40.46
Day's Range 40.39 - 40.57
52-Week Low 36.85
52-Week High 43.24
Beta n/a
Holdings 115
Inception Date Mar 21, 2016

The Principal Value ETF (PY) is an exchange-traded fund that mostly invests in total market equity. The fund utilizes a proprietary quantitative model to actively invest in large- and mid-cap companies that exhibit higher degrees of shareholder yield. PY was launched on Mar 21, 2016 and is issued by Principal.

Asset Class Equity
Category Large Value
Region Global
Stock Exchange NASDAQ
Ticker Symbol PY
ETF Provider Principal

Top 10 Holdings

20.11% of assets
Name Symbol Weight
Apple Inc. AAPL 4.43%
Microsoft Corporation MSFT 4.09%
Broadcom Inc. AVGO 1.94%
Exxon Mobil Corporation XOM 1.81%
The Home Depot, Inc. HD 1.51%
Accenture plc ACN 1.33%
Chevron Corporation CVX 1.31%
Linde plc LIN 1.31%
Bank of America Corporation BAC 1.22%
Abbott Laboratories ABT 1.17%
View More Holdings


Ex-Dividend Amount Pay Date
Oct 2, 2023 $0.365 Oct 5, 2023
Jul 3, 2023 $0.246 Jul 7, 2023
Apr 3, 2023 $0.28788 Apr 6, 2023
Dec 28, 2022 $0.29283 Jan 3, 2023
Oct 3, 2022 $0.32396 Oct 6, 2022
Jul 1, 2022 $0.47328 Jul 7, 2022
Full Dividend History


PS Business Parks, Inc. Commences Tender Offers to Purchase for Cash Any and All of its Outstanding Preferred Securities Described Below

NEW YORK--(BUSINESS WIRE)--PS Business Parks, Inc. (the “Company”) (NYSE: PSBPrX, PSBPrY, PSBPrZ) announced today the commencement of tender offers (the “Offers”) to purchase for cash any and all of...

1 year ago - Business Wire

Why Principal's Value Principle Is Geared for Gains

Sometimes, prosaic approaches to factor investing leave investors wanting more. That's long been the case with value stocks, but the Principal Value ETF (PY) provides a unique lens to value, one that ...

3 years ago - ETF Trends

Don't Miss Out as Value ETFs Make Their Move

Value stocks are perking up and that augurs well for advisors and investors mulling a return to the once beloved factor. It's also a good time to consider fresher approaches to value investing, such a...

3 years ago - ETF Trends

Timing Out a Recovery for Value Stocks and Related ETFs

Momentum is building for value stock resurgence, but investors looking to capitalize may want to go beyond prosaic exchange traded funds. Enter the Principal Value ETF (PY).

3 years ago - ETF Trends

A Fine Time to Embrace Merits of Shareholder Yield

Investors seeking a different approach to shareholder rewards and generating income should consider the Principal Shareholder Yield Index ETF (PY) and the time is right to do just that. PY seeks to pr...

3 years ago - ETF Trends

Examining the Potency of Shareholder Yield in a Low-Yield World

Many investors simply monitor yield view bonds or common stocks, but a more encompassing solution is shareholder yield, which can be sourced via the Principal Shareholder Yield Index ETF (PY). PY seek...

3 years ago - ETF Trends

Shareholder Yield Proving Stronger Than High Yield for Equity Investors

With interest rates residing around historic lows, it’s easy to be tempted high dividend stocks and ETFs, but in news that may catch some investors by surprise, shareholder yield is proving to be a be...

3 years ago - ETF Trends

Explore the Virtues of Shareholder Yield With This ETF

There’s often a debate between the efficacy of buybacks and dividends, but some ETFs, such as the Principal Shareholder Yield Index ETF (PY), ensure investors don’t have to isolate just one of those s...

3 years ago - ETF Trends

Size Up Shareholder Yield With This ETF

Some ETFs focus on dividends while others emphasize buybacks, the two primary forms of shareholder rewards. The combination of the two results in the concept known as a shareholder, which is the empha...

3 years ago - ETF Trends

Factors to Consider When Looking Into Smart Beta ETFs

As investors consider incorporating smart beta exchange traded funds into a diversified investment portfolio, it is important to look at foundational concepts and the innovative approaches to make a m...

4 years ago - ETF Trends