Principal EDGE Active Income ETF (YLD)

NYSEARCA: YLD · IEX Real-Time Price · USD
20.68 0.01 (0.05%)
Jan 20, 2022 3:38 PM EST - Market closed
Assets$246.17M
NAV$20.60
Expense Ratio0.39%
PE Ration/a
Shares Out11.95M
Dividend (ttm)$0.88
Dividend Yield4.25%
Ex-Dividend DateDec 29, 2021
1-Year Return+3.32%
Volume7,834
Open20.62
Previous Close20.67
Day's Range20.62 - 20.68
52-Week Low19.79
52-Week High19.79
Beta0.55
Holdings126
Inception DateJul 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.

Asset ClassFixed Income
RegionGlobal
IssuerPrincipal Financial Group
Stock ExchangeNYSEARCA
Ticker SymbolYLD
Index TrackedBloomberg Barclays US Corporate High Yield 2% Issuer Capped Bond Index

Top 10 Holdings

16.17% of assets
NameSymbolWeight
State Street Instl US Govt MMkt PremierGVMXX2.73%
SRM Escrow Issuer Llc 6%N/A1.56%
Mastec, Inc. 4.5%N/A1.54%
Tenneco Inc. 7.875%N/A1.50%
LifePoint Health, Inc 5.375%N/A1.50%
Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75%N/A1.49%
Oasis Petroleum Inc. 6.375%N/A1.48%
CCM Merger Inc. (Motor City) 6.375%N/A1.46%
Targa Resources Partners LP/Targa Resources Finance Corporation 4.875%N/A1.46%
Community Health Systems Incorporated 6%N/A1.45%
View More Holdings

Dividends

Ex-DividendAmountPay Date
Dec 29, 2021$0.09018Jan 3, 2022
Dec 1, 2021$0.08929Dec 6, 2021
Nov 1, 2021$0.08955Nov 4, 2021
Oct 1, 2021$0.092Oct 6, 2021
Sep 1, 2021$0.06589Sep 7, 2021
Aug 2, 2021$0.06387Aug 5, 2021
Full Dividend History

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...

1 year 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 ETF ...

1 year 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.

1 year 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 to...

1 year 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 inco...

1 year 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 a...

Other symbols:SDYVIG
1 year 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 almost ...

1 year 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
1 year 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
1 year 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
1 year 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 to...

1 year 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 c...

Other symbols:SPSBVCSH
1 year 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 ne...

1 year ago - ETF Trends