DWWN – Principal Long Duration ETF – ETF Investment Strategy

Strategy

The investment seeks to provide current income, as a secondary objective, capital appreciation during periods of falling U.S. interest rates. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in Separate Trading of Registered Interest and Principal of Securities ("STRIPS").

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
DWWN	Principal Long Duration ETF	ETF	Open	—	—	May 21, 2026	$10.01M	0.190%	—	—	—

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Principal Long Duration ETF DWWN Strategy

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