Principal Exchange-Traded Funds Principal Real Estate Active Opportunities ETFPrincipal Exchange-Traded Funds Principal Real Estate Active Opportunities ETFPrincipal Exchange-Traded Funds Principal Real Estate Active Opportunities ETF

Principal Exchange-Traded Funds Principal Real Estate Active Opportunities ETF

No trades
See on Supercharts

Key stats


Assets under management (AUM)
‪12.52 M‬USD
Fund flows (1Y)
‪2.89 M‬USD
Dividend yield (indicated)
2.25%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪500.00 K‬
Expense ratio
0.60%

About Principal Exchange-Traded Funds Principal Real Estate Active Opportunities ETF


Issuer
Principal Financial Group, Inc.
Brand
Principal
Inception date
May 18, 2022
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Principal Global Investors LLC
Distributor
Alps Distributors, Inc.
BYRE actively invests in companies in the US real estate industry. The fund provides a different approach by targeting non-traditional real estate sectors (self-storage, data centers, wireless towers, and single-family rentals), and minimizing exposure to the conventional real estate firms (office, retail, apartments, and industrial). It utilizes a bottom-up approach and selects firms based on the advisors and analysts fundamental assessments across multiple categories on potential constituents, including market and business outlook, capital structure, income durability, relative valuation, and recognition catalysts. BYRE is a non-transparent ETF and does not provide daily disclosure of its portfolio holdings unlike other ETFs. As such, there is a risk that shares of the fund may trade at wider spreads, especially during periods of volatility. The fund instead publishes a trading basket daily, which provides a preview of selected holdings without disclosing the actual portfolio.

Classification


Asset Class
Equity
Category
Sector
Focus
Real estate
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of December 31, 2024
Exposure type
StocksBonds, Cash & Other
Finance
Stocks98.30%
Finance96.80%
Consumer Services1.50%
Bonds, Cash & Other1.70%
Mutual fund1.19%
Cash0.50%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows