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About Principal Investment Grade Corporate Active ETF
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Inception date
Apr 18, 2018
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
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.
IG provides active exposure to the investment-grade taxable corporate bond space. The funds objective is to provide current income and, secondarily, capital appreciation. IG seeks to outperform a broad, market-weighted index of US investment-grade corporate bonds over the long term. The fund manager is not constrained to securities with a specific maturity but aims for an average portfolio similar to the Bloomberg U.S. Corporate Investment Grade Bond Index. As with most actively managed funds, IG may experience higher turnover and higher tax distributions than passively managed funds. The fund can also elect to make investment decisions at their discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.17%
Mutual fund1.42%
Miscellaneous0.28%
Cash0.14%
Stock breakdown by region
North America89.96%
Europe9.59%
Oceania0.46%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IG top holdings are Morgan Stanley 5.32% 19-JUL-2035 and Bank of America Corporation 2.687% 22-APR-2032, occupying 2.64% and 2.25% of the portfolio correspondingly.
IG last dividends amounted to 0.08 USD. The month before, the issuer paid 0.09 USD in dividends, which shows a 4.93% decrease.
IG assets under management is 105.11 M USD. It's risen 3.42% over the last month.
IG fund flows account for 23.76 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IG pays dividends to its holders with the dividend yield of 5.13%. The last dividend (Jun 4, 2025) amounted to 0.08 USD. The dividends are paid monthly.
IG shares are issued by Principal Financial Group, Inc. under the brand Principal. The ETF was launched on Apr 18, 2018, and its management style is Active.
IG expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
IG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IG invests in bonds.
IG price has risen by 1.75% over the last month, and its yearly performance shows a 0.52% increase. See more dynamics on IG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.71% over the last month, showed a 1.69% increase in three-month performance and has increased by 5.65% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.71% over the last month, showed a 1.69% increase in three-month performance and has increased by 5.65% in a year.
IG trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.