Key stats
About Principal Value ETF
Home page
Inception date
Mar 21, 2016
Structure
Open-Ended Fund
Replication method
Physical
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.
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
Finance
Electronic Technology
Technology Services
Stocks99.79%
Finance28.89%
Electronic Technology17.10%
Technology Services10.04%
Consumer Non-Durables7.24%
Energy Minerals7.18%
Producer Manufacturing6.59%
Health Technology4.83%
Retail Trade3.44%
Process Industries2.82%
Consumer Durables2.27%
Industrial Services1.91%
Consumer Services1.74%
Transportation1.60%
Health Services1.37%
Commercial Services1.25%
Communications0.85%
Distribution Services0.65%
Bonds, Cash & Other0.21%
Mutual fund0.21%
Cash0.00%
Stock breakdown by region
North America95.88%
Europe4.12%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PY invests in stocks. The fund's major sectors are Finance, with 28.89% stocks, and Electronic Technology, with 17.10% of the basket. The assets are mostly located in the North America region.
PY top holdings are NVIDIA Corporation and Apple Inc., occupying 4.28% and 3.96% of the portfolio correspondingly.
PY last dividends amounted to 0.34 USD. The quarter before, the issuer paid 0.18 USD in dividends, which shows a 48.23% increase.
PY assets under management is 132.36 M USD. It's fallen 41.69% over the last month.
PY fund flows account for 61.19 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, PY pays dividends to its holders with the dividend yield of 2.13%. The last dividend (Jul 3, 2025) amounted to 0.34 USD. The dividends are paid quarterly.
PY shares are issued by Principal Financial Group, Inc. under the brand Principal. The ETF was launched on Mar 21, 2016, and its management style is Active.
PY expense ratio is 0.15% meaning you'd have to pay 0.15% of your investment to help manage the fund.
PY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PY invests in stocks.
PY price has risen by 0.51% over the last month, and its yearly performance shows a 8.51% increase. See more dynamics on PY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.21% over the last month, have fallen by −0.21% over the last month, showed a 3.91% increase in three-month performance and has increased by 10.46% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.21% over the last month, have fallen by −0.21% over the last month, showed a 3.91% increase in three-month performance and has increased by 10.46% in a year.
PY trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.