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Trending ETFs

Principal Value ETF

etf
PY
Dividend policy
Active
Price as of:
$42.25 -0.27 0%
primary theme
U.S. Mid-Cap Value Equity
PY (ETF)

Principal Value ETF

Dividend policy
Active
Price as of:
$42.25 -0.27 0%
primary theme
U.S. Mid-Cap Value Equity
PY (ETF)
Principal Value ETF
Dividend policy
Active
Price as of:
$42.25 -0.27 0%
primary theme
U.S. Mid-Cap Value Equity

PY - Snapshot

Vitals

  • YTD Return 24.1%
  • 3 Yr Annualized Return 12.3%
  • 5 Yr Annualized Return 14.2%
  • Net Assets $44.5 M
  • Holdings in Top 10 21.7%

52 WEEK LOW AND HIGH

$42.52
$27.91
$43.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.15%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 47.60%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) N/A
  • IRA N/A

Fund Classification

  • Primary Theme U.S. Mid-Cap Value Equity
  • Fund Type Exchange Traded Fund
  • Investment Style Mid-Cap Value

Compare PY to Popular U.S. Mid-Cap Value Equity Funds

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$49.86

-0.02%

$15.69 B

0.92%

$0.46

blocked
blocked
blocked

23.81%

1.12%

$19.72

-0.25%

$8.76 B

1.19%

$0.23

blocked
blocked
blocked

15.93%

0.98%

$24.99

-0.32%

$5.05 B

1.06%

$0.27

blocked
blocked
blocked

20.67%

0.28%

$15.34

0.00%

$3.81 B

0.51%

$0.08

blocked
blocked
blocked

9.18%

1.19%

$13.57

-0.22%

$2.57 B

0.51%

$0.07

blocked
blocked
blocked

16.78%

0.88%

Compare PY to Popular U.S. Mid-Cap Value Equity ETFs

Overview

Next Dividend

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

Dividend.com Ratings*

$141.05

-0.57%

$26.78 B

1.40%

$1.99

blocked
blocked
blocked

18.58%

0.07%

$115.67

-0.32%

$14.20 B

1.33%

$1.55

blocked
blocked
blocked

18.99%

0.24%

$105.12

-0.32%

$8.79 B

1.38%

$1.46

blocked
blocked
blocked

21.12%

0.18%

$41.85

-0.48%

$3.06 B

2.03%

$0.86

blocked
blocked
blocked

19.56%

0.38%

$67.41

-0.34%

$1.64 B

1.49%

$1.01

blocked
blocked
blocked

20.81%

0.15%

PY - Profile

Distributions

  • YTD Total Return 24.3%
  • 3 Yr Annualized Total Return 12.3%
  • 5 Yr Annualized Total Return 14.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.95%
DIVIDENDS
  • Dividend Yield 2.8%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Principal Value ETF
  • Fund Family Name
    Principal Funds
  • Inception Date
    Mar 21, 2016
  • Shares Outstanding
    1050001
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeffrey Schwarte

Fund Description

Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of companies that compose the index at the time of purchase. The index uses a quantitative model designed to identify equity securities (including value stock) of mid- to large-capitalization companies in the Nasdaq US Large Mid Cap Index (the "parent index") that exhibit higher degrees of shareholder yield.


PY - Performance

Return Ranking - Trailing

Period PY Return Category Return Low Category Return High Rank in Category (%)
YTD 24.1% -59.3% 37.6% 12.58%
1 Yr 58.0% 24.7% 102.5% 31.00%
3 Yr 12.3%* 0.0% 21.9% 28.85%
5 Yr 14.2%* 2.1% 20.2% 7.95%
10 Yr N/A* 6.1% 13.5% N/A

* Annualized

Return Ranking - Calendar

Period PY Return Category Return Low Category Return High Rank in Category (%)
2020 -0.9% -49.5% 626.7% 64.81%
2019 23.9% -8.1% 40.9% 42.28%
2018 -15.1% -56.9% -2.2% 15.03%
2017 16.7% -62.6% 24.1% 2.29%
2016 N/A -14.6% 28.1% N/A

Total Return Ranking - Trailing

Period PY Return Category Return Low Category Return High Rank in Category (%)
YTD 24.3% -59.1% 38.3% 11.94%
1 Yr 58.0% 18.5% 102.5% 28.89%
3 Yr 12.3%* 0.0% 21.9% 24.84%
5 Yr 14.2%* 2.1% 20.2% 6.99%
10 Yr N/A* 6.1% 13.5% N/A

* Annualized

Total Return Ranking - Calendar

Period PY Return Category Return Low Category Return High Rank in Category (%)
2020 -0.9% -49.5% 626.7% 64.81%
2019 23.9% -8.1% 40.9% 42.28%
2018 -15.1% -32.7% -2.2% 43.78%
2017 16.7% -8.7% 26.9% 12.61%
2016 N/A -11.2% 29.0% N/A

PY - Holdings

Concentration Analysis

PY Category Low Category High PY % Rank
Net Assets 44.5 M 5.67 M 33.9 B 93.35%
Number of Holdings 117 8 2401 26.52%
Net Assets in Top 10 9.63 M 2.1 K 8.33 B 80.77%
Weighting of Top 10 21.68% 4.9% 100.0% 55.67%

Top 10 Holdings

  1. Equitrans Midstream Corp 3.17%
  2. Altria Group Inc 2.94%
  3. VMware Inc 2.87%
  4. ADT Inc 2.85%
  5. Qurate Retail Inc Class A 2.83%
  6. OneMain Holdings Inc 2.18%
  7. Prudential Financial Inc 2.17%
  8. American Financial Group Inc 1.85%
  9. Old Republic International Corp 1.79%
  10. First Horizon Corp 1.77%

Asset Allocation

Weighting Return Low Return High PY % Rank
Stocks
99.70% 63.29% 106.01% 34.01%
Cash
0.29% -6.02% 36.70% 64.57%
Preferred Stocks
0.00% 0.00% 6.63% 43.72%
Other
0.00% -0.08% 5.21% 41.90%
Convertible Bonds
0.00% 0.00% 0.68% 41.50%
Bonds
0.00% 0.00% 6.45% 43.52%

Stock Sector Breakdown

Weighting Return Low Return High PY % Rank
Financial Services
28.60% 0.00% 77.61% 10.32%
Industrials
14.77% 0.00% 36.62% 55.06%
Consumer Cyclical
13.75% 0.00% 42.54% 40.69%
Technology
8.72% 0.00% 36.61% 60.93%
Healthcare
7.77% 0.00% 21.91% 50.00%
Consumer Defense
7.34% 0.00% 43.55% 26.52%
Basic Materials
4.99% 0.00% 20.84% 55.67%
Energy
4.38% 0.00% 36.97% 59.11%
Communication Services
3.64% 0.00% 22.12% 38.06%
Real Estate
3.41% 0.00% 38.65% 76.11%
Utilities
2.63% 0.00% 31.92% 79.55%

Stock Geographic Breakdown

Weighting Return Low Return High PY % Rank
US
99.36% 55.41% 103.91% 10.73%
Non US
0.34% 0.00% 41.38% 81.58%

PY - Expenses

Operational Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.01% 2.78% 97.96%
Management Fee 0.15% 0.00% 1.25% 3.56%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.47% N/A

Sales Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PY Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.60% 4.00% 322.00% 40.00%

PY - Distributions

Dividend Yield Analysis

PY Category Low Category High PY % Rank
Dividend Yield 2.83% 0.00% 1.54% 44.13%

Dividend Distribution Analysis

PY Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

PY Category Low Category High PY % Rank
Net Income Ratio 2.95% -1.16% 16.95% 3.60%

Capital Gain Distribution Analysis

PY Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

PY - Fund Manager Analysis

Managers

Jeffrey Schwarte


Start Date

Tenure

Tenure Rank

Mar 21, 2016

5.28

5.3%

Jeff is a portfolio manager at Principal Global Equities. Jeff is an active member in the group’s research and development activities. He joined the equities group in 2000 as an analyst and named a portfolio manager in 2001. He has been with Principal since 1993. He received a bachelor's degree in accounting from the University of Northern Iowa. Jeff has earned the right to use the CFA designation. He is a Certified Internal Auditor and a Fellow of the Life Management Institute (FLMI). Jeff is a member of the CFA Society of Iowa and the CFA Institute.

Aaron Siebel


Start Date

Tenure

Tenure Rank

Mar 03, 2020

1.33

1.3%

Aaron J. Siebel has been with Principal® since 2005. He earned a BA in Finance from the University of Iowa in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 34.67 7.67 10.01