Principal Active High Yield ETF (YLD)

NYSEARCA: YLD · IEX Real-Time Price · USD
18.50
-0.09 (-0.51%)
Feb 3, 2023, 4:00 PM EST - Market closed
-0.51%
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.

Asset Class Asset Allocation
Category High Yield Bond
Region Global
Stock Exchange NYSEARCA
Ticker Symbol YLD
Issuer Website Principal
Index Tracked Bloomberg US Corporate High Yield 2% Issuer Capped Bond

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%
View More Holdings

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
Full Dividend History

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...

11 months ago - ETF Trends

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.

11 months ago - ETF Trends

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 ...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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 ...

2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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...

Other symbols: SDYVIG
2 years ago - ETF Trends

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...

2 years ago - ETF Trends

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.

Other symbols: USI
2 years ago - ETF Trends

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.

Other symbols: USI
2 years ago - ETF Trends

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.

Other symbols: SPSBVCSH
3 years ago - ETF Trends

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 ...

3 years ago - ETF Trends

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...

Other symbols: SPSBVCSH
3 years ago - ETF Trends

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 ...

3 years ago - ETF Trends