USI - Principal Ultra-Short Active Income ETF
|Ex-Dividend Date||Apr 1, 2021|
|Trading Day||April 20|
|Day's Range||24.78 - 24.84|
|52-Week Range||24.42 - 24.85|
The investment seeks to provide current income. 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 investment-grade bonds and other debt securities. The fund invests in fixed- and floating-rate securities. Under normal circumstances, the fund maintains an average effective maturity of three years or less and an average portfolio duration of one year or less.
|Asset Class |
|Inception Date |
Apr 24, 2019
|Ticker Symbol |
|Index Tracked |
Bloomberg Barclays U.S. 1-3 Month Treasury Bill Index
Top 10 Holdings32.89% of assets
|Bank of America Corporation 3.5%||n/a||4.06%|
|Wells Fargo & Company 1.24%||n/a||3.61%|
|AT&T Inc 2.62%||n/a||3.51%|
|DTE Energy Company 2.6%||n/a||3.31%|
|AbbVie Inc. 2.15%||n/a||3.27%|
|McDonald's Corporation 0.65%||n/a||3.25%|
|AstraZeneca Plc 2.38%||n/a||3.14%|
|NextEra Energy Capital Holdings Inc 0.67%||n/a||3.03%|
|SunTrust Bank 2.45%||n/a||2.91%|
|State Street Instl US Govt MMkt Premier||n/a||2.80%|
|Apr 1, 2021||$0.03||Apr 7, 2021|
|Mar 1, 2021||$0.034||Mar 4, 2021|
|Feb 1, 2021||$0.035||Feb 4, 2021|
|Dec 29, 2020||$0.033||Jan 4, 2021|
|Nov 2, 2020||$0.036||Nov 5, 2020|
|Oct 1, 2020||$0.036||Oct 6, 2020|
Now more than ever, it pays to be strategic with fixed income assets, even those with low and ultra-short durations. The Principal Ultra-Short Active Income ETF (NYSEArca: USI) helps investors with the ...
Institutional money is driving record demand for fixed income exchange-traded funds (ETFs). While the majority of retail investors don’t have treasure chests of capital to throw at fixed income, they ca...
A 40-year bull run is nothing to scoff at, but all things must come to an end. One Wharton finance professor is officially calling the end of the bond market’s historic bull run.
Uncertain times call for thinking out of the box in the current market environment and one firm Canadian firm is showing that a multi-asset approach can benefit investors.
If investors aren’t already allocating capital to actively managed funds, 2020 might be a good time to start. Among a list of actionable investment advice for 2020, Forbes contributor John S. Tobey sugg...