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Morningstar

Principal Active High Yield ETF YLD

Morningstar Medalist Rating
Medalist Rating as of | See Principal Investment Hub

Morningstar’s Analysis YLD

Will YLD outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable YLD’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the YLD management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of YLD’s parent organization’s priorities and whether they’re in line with investors’ interests.

Principal Active High Yield ETF’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the cheapest fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings YLD

More YLD Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 15.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl US Govt MMkt Premier

5.26 10.8 Mil
Cash and Equivalents

Ladder Capital Finance Holdings LLLP/ Ladder Capital Finance Corp. 4.75%

1.69 3.5 Mil
Corporate

FIESTA PURCHASER INC 2024 TERM LOAN B

1.55 3.2 Mil
Corporate

Adapthealth Llc 5.125%

1.50 3.1 Mil
Corporate

Transocean Inc. 8.5%

1.48 3.1 Mil
Corporate

JPMorgan Chase & Co. 4.6%

1.48 3.0 Mil
Corporate

STAR PARENT, INC. TERM LOAN B

1.46 3.0 Mil
Corporate

Olympus Water US Holding Corp. 6.25%

1.46 3.0 Mil
Corporate

LSF9 Atlantis Holdings LLC / Victra Finance Corp. 7.75%

1.46 3.0 Mil
Corporate

SRM Escrow Issuer Llc 6%

1.45 3.0 Mil
Corporate