Morningstar

Principal Investment Grade Corporate ETF IG

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

Morningstar’s Analysis IG

Will IG 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 IG’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IG 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 IG’s parent organization’s priorities and whether they’re in line with investors’ interests.

Grappling with turnover challenges.

Associate Analyst River Meng

River Meng

Associate Analyst

Summary

Principal Investment Grade Corporate offers a low-cost, actively managed option in the competitive corporate bond Morningstar Category, but the team and process fail to stand out from peers.

by River Meng
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings IG

More IG Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

2 Year Treasury Note Future Dec 26

4.68 9M
Government

State Street Instl US Govt MMkt Premier

3.11 6M
Cash and Equivalents

Bank of America Corp. 2.687%

2.50 5M
Corporate

Huntington Bancshares Incorporated 5.709%

1.56 3M
Corporate

PNC Financial Services Group Inc. 5.676%

1.52 3M
Corporate

Boeing Co. 5.805%

1.24 2M
Corporate

Morgan Stanley 5.32%

1.16 2M
Corporate

Xcel Energy Inc 5.45%

1.13 2M
Corporate

KeyBank National Association 5%

1.10 2M
Corporate

DT Midstream Inc 4.125%

1.09 2M
Corporate

Sponsor Center