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 the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Principal Active High Yield ETF holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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 15.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

State Street Instl US Govt MMkt Premier

3.99 24M
Cash and Equivalents

Energy Transfer LP 6.5%

2.03 12M
Corporate

Matador Resources Company 6.25%

1.96 12M
Corporate

Olympus Water US Holding Corp. 6.25%

1.55 10M
Corporate

Jazz Securities Designated Activity Co. 4.375%

1.54 9M
Corporate

Global Aircraft Leasing Co Ltd 8.75%

1.50 9M
Corporate

Smyrna Ready Mix Concrete LLC 6%

1.49 9M
Corporate

Freedom Mortgage Holdings LLC 9.125%

1.48 9M
Corporate

Icahn Enterprises, L.P. / Icahn Enterprises Finance Corporation 4.375%

1.47 9M
Corporate

Ameritex Holdco Inter LLC 7.625%

1.46 9M
Corporate

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