Principal Active High Etf Profile
YLD Etf | USD 19.49 0.01 0.05% |
Performance11 of 100
| Odds Of DistressLess than 9
|
Principal Active is trading at 19.49 as of the 11th of November 2024, a 0.05 percent decrease since the beginning of the trading day. The etf's lowest day price was 19.4. Principal Active has less than a 9 % chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Principal Active High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 12th of October 2024 and ending today, the 11th of November 2024. Click here to learn more.
The fund is an actively managed exchange-traded fund that seeks to achieve its investment objective by investing, under normal circumstances, at least 80 percent of its net assets, plus any borrowings for investment purposes, in below-investment grade fixed income securities, such as bonds and bank loans. More on Principal Active High
Moving together with Principal Etf
Principal Etf Highlights
Thematic Ideas | (View all Themes) |
Business Concentration | Asset Allocation ETFs, Target Outcome ETFs, High Yield Bond, Principal Funds (View all Sectors) |
Issuer | Principal |
Inception Date | 2015-07-08 |
Entity Type | Regulated Investment Company |
Asset Under Management | 242.75 Million |
Average Trading Valume | 62,545.3 |
Asset Type | Multi Asset |
Category | Asset Allocation |
Focus | Target Outcome |
Market Concentration | Blended Development |
Region | Global |
Administrator | State Street Bank and Trust Company |
Advisor | Principal Global Investors, LLC |
Custodian | State Street Bank and Trust Company |
Distributor | ALPS Distributors, Inc. |
Portfolio Manager | Charles D. Averill, Todd A. Jablonski, Paul S. Kim, Daniela Spassova, Gregory L. Tornga |
Transfer Agent | State Street Bank and Trust Company |
Fiscal Year End | 30-Jun |
Exchange | NYSE Arca, Inc. |
Number of Constituents | 137 |
Market Maker | GTS |
Total Expense | 0.39 |
Management Fee | 0.39 |
Country Name | USA |
Returns Y T D | 9.57 |
Name | Principal Active High Yield ETF |
Currency Code | USD |
Open Figi | BBG009KJNFQ9 |
In Threey Volatility | 7.81 |
1y Volatility | 4.77 |
200 Day M A | 19.1458 |
50 Day M A | 19.4474 |
Code | YLD |
Updated At | 11th of November 2024 |
Currency Name | US Dollar |
In Threey Sharp Ratio | 0.05 |
Principal Active High [YLD] is traded in USA and was established 2015-07-08. The fund is classified under High Yield Bond category within Principal Funds family. The entity is thematically classified as Asset Allocation ETFs. Principal Active High at this time have 224.88 M in net assets. , while the total return for the last 3 years was 4.1%.
Check Principal Active Probability Of Bankruptcy
Geographic Allocation (%)
Principal Active High Currency Exposure
Principal Active High holds assets that are exposed to currency risk. As an investor, you have to ensure that the increase in value or dividend from foreign constituents of Principal Active will not be offset by an unfavorable exchange rate and will not cancel out the return on assets from different countries. In other words, assess how much of your investment depends on the development of foreign currencies before you invest in Principal Active High.
Principal Active Top Holders
SCUPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PIFIX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
SAUPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PFIPX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PFIFX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PFILX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PFIJX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity | |
PFIGX | Strategic Asset Management | Mutual Fund | Allocation--15% to 30% Equity |
Principal Active High Risk Profiles
The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Principal Active. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.
Risk Adjusted Performance | 0.1073 | |||
Jensen Alpha | 0.0269 | |||
Total Risk Alpha | (0.03) | |||
Sortino Ratio | (0.28) |
Principal Active Against Markets
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Principal Active High. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
The market value of Principal Active High is measured differently than its book value, which is the value of Principal that is recorded on the company's balance sheet. Investors also form their own opinion of Principal Active's value that differs from its market value or its book value, called intrinsic value, which is Principal Active's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Principal Active's market value can be influenced by many factors that don't directly affect Principal Active's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Principal Active's value and its price as these two are different measures arrived at by different means. Investors typically determine if Principal Active is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Principal Active's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.