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YLD - Principal EDGE Active Income ETF

Stock Price: $41.29 USD 0.18 (0.44%)
Updated Apr 21, 2021 4:00 PM EDT - Market closed
After-hours: $41.29 0.00 (0.00%) Apr 21, 8:00 PM
Assets $228.85M
NAV $41.05
Expense Ratio 0.49%
PE Ratio 24.90
Beta (5Y) 0.58
Dividend (ttm) $1.66
Dividend Yield 4.04%
Ex-Dividend Date Apr 1, 2021
1-Year Return -
Trading Day April 21
Last Price $41.29
Previous Close $41.11
Change ($) 0.18
Change (%) 0.44%
Day's Open 43.16
Day's Range 41.16 - 41.29
Day's Volume 1,745
52-Week Range 32.33 - 41.30

Fund Description

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, its assets in investment grade and non-investment grade fixed income securities (commonly known as junk bonds) and in equity securities. The fund's Sub-Advisors, actively and tactically allocates the fund's assets among fixed income securities and equity securities in an effort to take advantage of changing economic conditions that the Advisor believes favors one asset class over another.

Asset Class
Fixed Income
Inception Date
Jul 9, 2015
Exchange
NYSEARCA
Ticker Symbol
YLD
Index Tracked
Bloomberg Barclays US Corporate High Yield 2% Issuer Capped Bond Index

Top 10 Holdings

19.74% of assets
NameSymbolWeight
Graphic Packaging International LLC 3.5%n/a2.14%
Talen Energy Supply LLC 4.6%n/a2.12%
State Street Instl US Govt MMkt Premiern/a2.05%
Cable One Inc 4%n/a2.02%
PPL Capital Funding Inc. 2.86%n/a2.01%
HCA Inc. 5.62%n/a1.98%
HB Fuller Co 4.25%n/a1.96%
Mednax, Inc. 6.25%n/a1.84%
Goldman Sachs Group, Inc. 4.95%GS V4.95 PERP R1.82%
Hologic Inc 4.62%n/a1.80%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Apr 1, 2021$0.125Apr 7, 2021
Mar 1, 2021$0.128Mar 4, 2021
Feb 1, 2021$0.133Feb 4, 2021
Dec 29, 2020$0.099Jan 4, 2021
Nov 2, 2020$0.136Nov 5, 2020
Oct 1, 2020$0.14Oct 6, 2020
Full Dividend History

News

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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...

4 months ago - ETF Trends

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 ...

4 months ago - ETF Trends

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.

4 months ago - ETF Trends

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...

6 months ago - ETF Trends

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...

9 months ago - ETF Trends

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...

Other tickers mentioned: SDY, VIG
10 months ago - ETF Trends

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 ...

10 months ago - ETF Trends

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.

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11 months ago - ETF Trends

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.

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11 months ago - ETF Trends

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.

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11 months ago - ETF Trends

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...

11 months ago - ETF Trends

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...

Other tickers mentioned: SPSB, VCSH
1 year ago - ETF Trends

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...

1 year ago - ETF Trends