Key stats
About Principal Investment Grade Corporate Active ETF
Expense ratio
0.19%
Home page
Inception date
Apr 18, 2018
ISIN
US74255Y8214
IG provides active exposure to the investment-grade taxable corporate bond space. The funds objective is to provide current income and, secondarily, capital appreciation. IG seeks to outperform a broad, market-weighted index of US investment-grade corporate bonds over the long term. The fund manager is not constrained to securities with a specific maturity but aims for an average portfolio similar to the Bloomberg U.S. Corporate Investment Grade Bond Index. As with most actively managed funds, IG may experience higher turnover and higher tax distributions than passively managed funds. The fund can also elect to make investment decisions at their discretion.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate98.43%
Mutual fund1.34%
Cash0.23%