Principal Value ETF (PY)
| 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 |
About PY
Fund Home PageThe 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.
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% |
Dividends
| 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 |
News
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...
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 ...
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...
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).
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...
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...
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...
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...
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...
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...