The manager duo running Principal Active Income ETF YLD is stable and experienced, but the fund's income mandate leads to a strategic asset mix that courts significant risk. The fund earns a Morningstar Analyst Rating of Neutral.
Will YLD outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
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.
The Parent Pillar is our rating of YLD’s parent organization’s priorities and whether they’re in line with investors’ interests.