Key stats
About Principal Active High Yield ETF
Home page
Inception date
Jul 9, 2015
Structure
Open-Ended Fund
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.
YLD is a truly active ETF because the fund's portfolio manager has broad leeway to invest across asset classes and geographic boundaries in search of income, unlike active ETPs with index based strategies. The portfolio manager vaguely provided selection criteria for eligible securities such as economic factors, credit spreads, investor sentiment, and momentum. The portfolio may hold global equities of all sizes and styles, including REITs and MLPs. The fixed income component may include corporate and sovereign debt, investment-grade and high-yield debt, convertibles, preferred stock, mortgage securities, and floating-rate instruments. The manager faces no exposure limits of any kind, other than those mandated by RIC compliance.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate85.80%
Loans5.82%
Mutual fund4.02%
Miscellaneous2.67%
Government1.69%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
YLD trades at 18.91 USD today, its price has risen 0.19% in the past 24 hours. Track more dynamics on YLD price chart.
YLD net asset value is 18.90 today — it's risen 2.63% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
YLD assets under management is 295.71 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
YLD price has risen by 1.26% over the last month, and its yearly performance shows a −0.76% decrease. See more dynamics on YLD price chart.
NAV returns, another gauge of an ETF dynamics, showed a −0.42% decrease in three-month performance and has increased by 6.86% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −0.42% decrease in three-month performance and has increased by 6.86% in a year.
YLD fund flows account for 98.55 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
YLD invests in bonds. See more details in our Analysis section.
YLD expense ratio is 0.39%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, YLD isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, YLD technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YLD shows the sell signal. See more of YLD technicals for a more comprehensive analysis.
Today, YLD technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating YLD shows the sell signal. See more of YLD technicals for a more comprehensive analysis.
Yes, YLD pays dividends to its holders with the dividend yield of 7.36%.
YLD trades at a premium (0.18%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
YLD shares are issued by Principal Financial Group, Inc.
YLD follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Jul 9, 2015.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.