Principal EDGE Active Income ETF (YLD)
| Assets | $246.17M |
| NAV | $20.60 |
| Expense Ratio | 0.39% |
| PE Ratio | n/a |
| Shares Out | 11.95M |
| Dividend (ttm) | $0.88 |
| Dividend Yield | 4.25% |
| Ex-Dividend Date | Dec 29, 2021 |
| 1-Year Return | +3.32% |
| Volume | 7,834 |
| Open | 20.62 |
| Previous Close | 20.67 |
| Day's Range | 20.62 - 20.68 |
| 52-Week Low | 19.79 |
| 52-Week High | 19.79 |
| Beta | 0.55 |
| Holdings | 126 |
| Inception Date | Jul 9, 2015 |
About YLD
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 below-investment grade (commonly known as junk or "high yield") fixed income securities, such as bonds and bank loans. It invests in U.S. treasury bills, bonds, and other obligations issued or guaranteed by the U.S. government or its agencies or instrumentalities, investment grade bank loans (also known as senior floating rate interests), and preferred securities.
Top 10 Holdings
16.17% of assets| Name | Symbol | Weight |
|---|---|---|
| State Street Instl US Govt MMkt Premier | GVMXX | 2.73% |
| SRM Escrow Issuer Llc 6% | N/A | 1.56% |
| Mastec, Inc. 4.5% | N/A | 1.54% |
| Tenneco Inc. 7.875% | N/A | 1.50% |
| LifePoint Health, Inc 5.375% | N/A | 1.50% |
| Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75% | N/A | 1.49% |
| Oasis Petroleum Inc. 6.375% | N/A | 1.48% |
| CCM Merger Inc. (Motor City) 6.375% | N/A | 1.46% |
| Targa Resources Partners LP/Targa Resources Finance Corporation 4.875% | N/A | 1.46% |
| Community Health Systems Incorporated 6% | N/A | 1.45% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 29, 2021 | $0.09018 | Jan 3, 2022 |
| Dec 1, 2021 | $0.08929 | Dec 6, 2021 |
| Nov 1, 2021 | $0.08955 | Nov 4, 2021 |
| Oct 1, 2021 | $0.092 | Oct 6, 2021 |
| Sep 1, 2021 | $0.06589 | Sep 7, 2021 |
| Aug 2, 2021 | $0.06387 | Aug 5, 2021 |
News
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 fu...
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 ETF ...
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 to...
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 inco...
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 a...
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 almost ...
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 to...
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 c...
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 ne...