Fund Evaluator:
Principal Active High Yield ETF (YLD)
Follow This Fund
Fixed Income
Global Asset Class
Taxable Bond
Fund Group
High Yield Bond
Category
$39.667
NAV (as of Oct 07)
$0.00
Minimum Initial
0.39% C
Expense Ratio
$580 Mil
Assets
Open
Status
na
12b-1 Fee
7.32%
TTM Yield
0.00%
Max Load
46%
Portfolio Turnover
Best Performing in High Yield Bond Over the Last Year
| 11.4% | Fidelity Capital & Income (FAGIX) |
| 10.5% | Fidelity Advisor Capital & Income Z (FIQTX) |
| 7.4% | American Beacon SiM High Yld Opps Inv (SHYPX) |
| 7.4% | Fidelity Advisor High Income Z (FGUMX) |
| 7.2% | Fidelity High Income (SPHIX) |
Data as of 7/31/2026
-0.2% C
1-Mo Return
0.9% A
3-Mo Return
3.0% A
YTD Return
5.4% B
1-Yr Return
8.2% B
3-Yr Return
4.7% A
5-Yr Return
0.94 B
Category Risk Index
0.33
Total Risk Index
Fund Details
Fund Family
Principal Funds
Inception Date
7/8/2015
Share Class Type
Equity Investment Style
na
Bond Investment Style
High Quality
Limited Sensitivity
Socially Responsible Fund
No
Index Fund
No
Benchmark Index
Bloomberg US HY 2% Issuer Cap TR USD: 100%
Additional Fund Details
Principal Active High Yield ETF Overview
YLD Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| YLD Return (NAV) | -0.2% | 0.9% | 5.4% | 8.2% | 4.7% | 5.5% |
| YLD Grade | C | A | B | B | A | B |
| +/- Category | 0.1% | 0.5% | 0.5% | 0.7% | 1.0% | 0.7% |
| High Yield Bond Avg | -0.3% | 0.4% | 4.9% | 7.5% | 3.7% | 4.8% |
| YLD Tax Cost Ratio | na | na | 2.9% | 2.9% | 2.7% | 2.4% |
YLD Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| YLD Return (NAV) | 3.0% | 6.6% | 9.1% | 13.1% | -8.6% | 9.1% | 2.3% | 15.2% | -4.5% | 8.3% | 16.2% |
| YLD Grade | A | F | A | B | B | A | F | B | F | B | A |
| +/- Category | 1.3% | -1.2% | 1.4% | 1.2% | 1.5% | 4.0% | -3.0% | 2.2% | -1.8% | 1.6% | 2.8% |
| High Yield Bond Avg | 1.6% | 7.9% | 7.6% | 11.9% | -10.0% | 5.1% | 5.2% | 13.0% | -2.7% | 6.7% | 13.4% |
| Risk Measures | |
| Standard Deviation: | 4.1% |
| Total Risk Index: | 0.33 - Low |
| Category Risk Index: | 0.94 - Below Average |
| Category Risk Grade: | B (33% Rank) |
| Beta: | 0.55 |
| R-Squared: | 60% |
| Leveraged Fund: | No |
| Inverse Fund: | No |
| Portfolio Characteristics | |
| Equity Investment Style: | na |
| Bond Investment Style: | High Quality Limited Sensitivity |
| Yield: | 7.3% |
| Dividend Distribution: | Monthly |
| Cap Gains Distribution: | |
| Total Assets: | $580 Mil |
| Fund Total Assets: | $ 580 Mil |
| Share Class Type: | |
| Portfolio Turnover: | 46% |
Management Team
| Number of Managers: 3 | |||
| Longest Tenure: 4.9 years | |||
| Average Tenure: 4.9 years | |||
| Managers (Year): Smith Darrin (2021), Rank Joshua (2021), Denkinger Mark (2021) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 146 |
| % in Top 10 Holdings: | 18.2% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 18.1% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 1.2% |
| Domestic Bond: | 78.0% |
| Foreign Bond: | 18.1% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 2.7% |
Purchase Information
| Fund Family: | Principal Funds |
| Phone Number: | 800-222-5852 |
| Website: |
| Status: | Open |
| Inception Date: | July 8, 2015 |
| Min. Initial Purchase: | $ 0 |
| Min. Initial IRA Purchase: | $ 0 |
| True No-Load: | Yes |
| Front Load Maximum: | 0.00% |
| Deferred Charge Maximum: | 0.00% |
| Redemption Charge Maximum: | 0.00% |
| 12b-1 Fee: | na |
Expenses and Fees | |
| Expense Ratio (%): | 0.39% ( Rating : Below Avg ) |
| Category Average Expense Ratio (%): | 0.92% |
| Share Class: | Principal Active High Yield ETF |
| Min. Subsequent Purchase: | $ 0 |
| Min. Subsequent IRA Purchase: | $ 0 |
Copyright 2026 American Association of Individual Investors and Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.