Principal Active High Yield ETF (YLD)
| Assets | $140.07M |
| Expense Ratio | 0.39% |
| PE Ratio | n/a |
| Shares Out | 7.55M |
| Dividend (ttm) | $1.16 |
| Dividend Yield | 6.28% |
| Ex-Dividend Date | Dec 28, 2022 |
| Payout Ratio | n/a |
| 1-Year Return | -8.28% |
| Volume | 10,834 |
| Open | 18.47 |
| Previous Close | 18.60 |
| Day's Range | 18.47 - 18.71 |
| 52-Week Low | 17.22 |
| 52-Week High | 20.32 |
| Beta | 0.52 |
| Holdings | 117 |
| Inception Date | Jul 9, 2015 |
About YLD
The Principal Active High Yield ETF (YLD) is an exchange-traded fund that mostly invests in target outcome asset allocation. The fund is an actively managed fund that provides current income through exposure to global equities, investment-grade and high-yield debt, MBS/ABS, preferred stock, MLPs, and REITs. YLD was launched on Jul 9, 2015 and is managed by Principal.
Top 10 Holdings
17.89% of assets| Name | Symbol | Weight |
|---|---|---|
| UNITED AIRLINES, INC. 2021 TERM LOAN B | UAL L 04.21.28 9 | 2.83% |
| International Game Technology PLC 5.25% | IGT 5.25 01.15.29 144A | 1.81% |
| State Street Instl US Govt MMkt Premier | GVMXX | 1.75% |
| AMERICAN AIRLINES, INC. 2021 TERM LOAN | AAL L 04.20.28 1 | 1.75% |
| Boyne USA Inc 4.75% | BIGSKY 4.75 05.15.29 144A | 1.72% |
| AerCap Holdings N.V. 5.875% | AER V5.875 10.10.79 | 1.71% |
| Spectrum Group Buyer, Inc. 2022 Term Loan B | n/a | 1.66% |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75% | LADR 4.75 06.15.29 144A | 1.58% |
| JPMorgan Chase & Co. 4.6% | JPM V4.6 PERP HH | 1.55% |
| MILEAGE PLUS HOLDINGS LLC 2020 TERM LOAN B | UAL L 06.20.27 1 | 1.54% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 28, 2022 | $0.13342 | Jan 3, 2023 |
| Dec 1, 2022 | $0.09831 | Dec 6, 2022 |
| Nov 1, 2022 | $0.10026 | Nov 4, 2022 |
| Oct 3, 2022 | $0.0911 | Oct 6, 2022 |
| Sep 1, 2022 | $0.08955 | Sep 7, 2022 |
| Aug 1, 2022 | $0.08657 | Aug 4, 2022 |
News
Why Active Management Matters in High Yield
Rising rates mean that core fixed income investments will face hurdles in the coming months, and as advisors seek ways to generate income, some are landing on high yield as an option. High yield inves...
Don't Go Passive: Why You Need Active Management in High Yield
Despite a challenging market environment ahead for core fixed income allocations, high yield could be a good option for investors. However, the need to balance risk against maximizing yield is vital.
Where to Turn in the Low-Rate World of Fixed Income?
Low interest rates are depressing yields on a variety of asset classes and crimping income streams in the process. Investors can combat the lethargic environment with actively managed exchange traded ...
A Safer Multi-Asset Strategy for an Unpredictable Environment
Rock-bottom interest rates are forcing advisors and investors to pull income from sources beyond the usual places. One idea is multi-asset exchange traded funds, such as the Principal Active Income ET...
Narrowing Horizons? A Multi-Asset Fund to Cover Your Bases
In today's low-yield climate, advisors and investors must go beyond low-yield dividend stocks and Treasuries. The Principal Active Income ETF (YLD) is one exchange traded fund with some more potential...
In Hunt for Income, Go Beyond Common Equity Dividends With This ETF
If 2020 is teaching income investors anything it’s that they cannot rely solely on either U.S. Treasuries or common stock dividends to bolster income. Even combining those two asset classes is likely ...
Get Active with Fixed Income During These Uncertain Times
During uncertain times like today’s pandemic-ridden economy, it’s difficult to navigate the market environment with the same gusto during the extended bull market. That said, when it comes to fixed in...
Investors Shouldn’t Rely Solely on Dividends for Income Purposes
The central bank’s decision to keep interest rates near zero didn’t do any yield seekers any favors, especially if they’re parking capital in safe haven Treasury notes. With the search for yield still...
This Income ETF Is on the Mend in a Big Way
Investors looking for income with asset diversification can consider multi-asset ETFs, such as the Principal Active Income ETF (YLD). Not only does YLD yield north of 5%, but it’s also higher by almos...
Is the 40-Year Bull Market in Bonds Officially Over?
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.
A Multi-Asset Approach Can Benefit Investors in These Uncertain Times
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.
A Healthy Dose of Fixed Income Exposure is a Must in Today’s Market
There’s a lot of uncertainty floating around in the capital markets, but investors can ease their minds by ensuring they get a healthy dose of fixed income exposure in their portfolios.
Fixed Income Exposure Is Still a Must in Today’s Market
Yield seekers have seen better days with metrics like the Bloomberg Barclays Global-Aggregate Total Return Index Value Unhedged coming in at 0.63% month-to-date. The coronavirus pandemic is certainly ...
Multi-factor Corporate Bonds Can Thrive Amid Coronavirus Pandemic
Multi-factor strategies aren’t just for equity investors, and it helps to implement this same opportunity screener within the corporate bond market. Viewing corporate bonds through a multi-factor lens...
Money Managers Extend Years of Expertise Into an ETF Wrapper
With the exchange traded funds continuing to gain popularity across various investor groups, more traditional asset managers are looking into the space as a way to expand their businesses and attract ...