Symbols

PY

Principal Value ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

196.46MUSD

Fund Flow (1Y)

-10.02MUSD

Dividend Yield

2.18%

Discount / Premium to NAV

0.03%

Shares Outstanding

3.85M

Expense Ratio

0.15%

About Principal Value ETF

Issuer

Principal

Brand

Principal

Home Page

https://www.principalam.com/us/fund/py

Inception Date

Mar 21, 2016

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Qualified dividends

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Principal Global Investors LLC

Distributor

ALPS Distributors, Inc.

PY actively invests in equity securities in the S&P 500 Index that have higher degrees of shareholder yield. The fund manager uses a proprietary quantitative model to identify and select companies for inclusion. PGI uses internal and external resources to develop and refine its investment themes, and to identify and take advantage of trends that may impact the fund and its holdings. The fund is rebalanced annually, but may make any adjustments at its discretion. Prior to June 17, 2022, the fund tracked the NASDAQ U.S. Shareholder Yield Index. Prior to Sep. 30, 2020, the fund name was Principal Shareholder Yield Index ETF.