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Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Value ETF

PY | Active ETF

$51.57

$60.6 M

2.23%

$1.14

0.15%

Vitals

YTD Return

19.6%

1 yr return

29.7%

3 Yr Avg Return

8.2%

5 Yr Avg Return

12.1%

Net Assets

$60.6 M

Holdings in Top 10

21.2%

52 WEEK LOW AND HIGH

$51.0
$40.42
$51.57

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 44.80%

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 11/21/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Principal Value ETF

PY | Active ETF

$51.57

$60.6 M

2.23%

$1.14

0.15%

PY - Profile

Distributions

  • YTD Total Return 19.6%
  • 3 Yr Annualized Total Return 8.2%
  • 5 Yr Annualized Total Return 12.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 3.31%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Other

Fund Details

  • Legal Name
    Principal Value ETF
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 21, 2016
  • Shares Outstanding
    6250001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Jeffrey Schwarte

Fund Description

Under normal circumstances, the Fund primarily invests in equity securities, focusing on value stocks. For security selection and portfolio construction, Principal Global Investors, LLC ("PGI") uses a proprietary quantitative model designed to identify equity securities of mid- to large-capitalization companies in the S&P 500 Index that exhibit higher degrees of shareholder yield (meaning how much money a company distributes to shareholders through dividends and share repurchases). As of September 30, 2024, the market capitalization range of the companies in the S&P 500 Index was between approximately $4.0 billion and $3.5 trillion. The model includes securities that have paid a regular dividend in the prior year.
The Fund's holdings are expected to be rebalanced at least annually. However, PGI may make any adjustments to the model and Fund holdings at its discretion. In constructing and revising the model and managing the Fund’s investments, PGI uses insights from diverse sources, including internal investment research, industry reports, and data from third-party consultants and other service providers, to develop and refine its investment themes and identify and take advantage of trends that may impact the Fund and its holdings.
Note:    "Standard & Poor's 500" and "S&P 500®" are trademarks of Standard & Poor's Financial Services LLC and have been licensed by Principal. The Fund is not sponsored, endorsed, sold, or promoted by Standard & Poor's Financial Services LLC, and Standard & Poor's Financial Services LLC makes no representation regarding the advisability of investing in the Fund.
Read More

PY - Performance

Return Ranking - Trailing

Period PY Return Category Return Low Category Return High Rank in Category (%)
YTD 19.6% 4.8% 31.9% 10.16%
1 Yr 29.7% 14.6% 44.1% 20.05%
3 Yr 8.2%* -1.5% 15.7% 23.96%
5 Yr 12.1%* 0.8% 17.8% 19.89%
10 Yr N/A* 1.7% 11.7% 67.16%

* Annualized

Return Ranking - Calendar

Period PY Return Category Return Low Category Return High Rank in Category (%)
2023 6.1% -11.3% 33.3% 70.52%
2022 -8.1% -41.6% 2.3% 7.24%
2021 30.9% -41.5% 44.9% 11.45%
2020 -0.9% -29.0% 22.1% 65.34%
2019 23.9% -8.1% 31.2% 40.18%

Total Return Ranking - Trailing

Period PY Return Category Return Low Category Return High Rank in Category (%)
YTD 19.6% 4.8% 31.9% 10.16%
1 Yr 29.7% 14.6% 44.1% 20.05%
3 Yr 8.2%* -1.5% 15.7% 23.96%
5 Yr 12.1%* 0.8% 17.8% 19.89%
10 Yr N/A* 1.7% 11.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PY Return Category Return Low Category Return High Rank in Category (%)
2023 9.1% -1.7% 36.5% 84.57%
2022 -5.1% -35.0% 2.4% 22.56%
2021 34.8% 6.2% 48.3% 8.66%
2020 2.7% -22.9% 23.2% 50.85%
2019 26.9% -3.0% 35.7% 47.51%

PY - Holdings

Concentration Analysis

PY Category Low Category High PY % Rank
Net Assets 60.6 M 991 K 28 B 89.84%
Number of Holdings 106 8 2308 38.74%
Net Assets in Top 10 16.2 M 319 K 5.52 B 89.56%
Weighting of Top 10 21.19% 4.6% 100.2% 48.63%

Top 10 Holdings

  1. Apple, Inc. 4.00%
  2. Microsoft Corp. 3.62%
  3. NVIDIA Corp. 2.87%
  4. Broadcom, Inc. 2.44%
  5. Exxon Mobil Corp. 1.82%
  6. Home Depot, Inc. 1.62%
  7. Chevron Corp. 1.27%
  8. Caterpillar, Inc. 1.23%
  9. Accenture PLC 1.19%
  10. QUALCOMM, Inc. 1.14%

Asset Allocation

Weighting Return Low Return High PY % Rank
Stocks 		99.49% 56.67% 103.53% 19.51%
Cash 		0.51% 0.00% 38.75% 67.31%
Preferred Stocks 		0.00% 0.00% 1.68% 51.10%
Other 		0.00% -0.10% 7.30% 65.38%
Convertible Bonds 		0.00% 0.00% 0.02% 46.41%
Bonds 		0.00% 0.00% 19.09% 47.80%

Stock Sector Breakdown

Weighting Return Low Return High PY % Rank
Financial Services 		36.89% 0.00% 60.11% 0.83%
Energy 		10.58% 0.00% 29.17% 15.47%
Industrials 		10.50% 0.00% 29.02% 82.32%
Basic Materials 		8.04% 0.00% 23.88% 18.23%
Healthcare 		8.02% 0.00% 32.47% 57.18%
Consumer Cyclical 		7.67% 0.00% 29.62% 85.36%
Real Estate 		7.56% 0.00% 40.74% 60.22%
Technology 		5.52% 0.00% 30.07% 89.50%
Consumer Defense 		2.29% 0.00% 33.79% 90.88%
Communication Services 		1.63% 0.00% 19.80% 62.43%
Utilities 		1.28% 0.00% 24.69% 88.40%

Stock Geographic Breakdown

Weighting Return Low Return High PY % Rank
US 		99.49% 56.67% 103.53% 17.58%
Non US 		0.00% 0.00% 33.85% 59.07%

PY - Expenses

Operational Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.06% 16.92% 98.35%
Management Fee 0.15% 0.00% 1.20% 2.47%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 44.80% 0.00% 227.00% 44.58%

PY - Distributions

Dividend Yield Analysis

PY Category Low Category High PY % Rank
Dividend Yield 2.23% 0.00% 22.79% 33.33%

Dividend Distribution Analysis

PY Category Low Category High Category Mod
Dividend Distribution Frequency Other Annual Quarterly Annual

Net Income Ratio Analysis

PY Category Low Category High PY % Rank
Net Income Ratio 3.31% -1.84% 4.73% 1.11%

Capital Gain Distribution Analysis

PY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

PY - Fund Manager Analysis

Managers

Jeffrey Schwarte

Start Date

Tenure

Tenure Rank

Mar 21, 2016

6.2

6.2%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.

Aaron Siebel

Start Date

Tenure

Tenure Rank

Mar 03, 2020

2.24

2.2%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 35.59 8.16 10.92

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