Principal Exchange-Traded Funds Principal Focused Blue Chip ETFPrincipal Exchange-Traded Funds Principal Focused Blue Chip ETFPrincipal Exchange-Traded Funds Principal Focused Blue Chip ETF

Principal Exchange-Traded Funds Principal Focused Blue Chip ETF

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Key stats


Assets under management (AUM)
‪95.25 M‬USD
Fund flows (1Y)
‪50.42 M‬USD
Dividend yield (indicated)
0.02%
Discount/Premium to NAV
0.1%
Shares outstanding
‪2.68 M‬
Expense ratio
0.58%

About Principal Exchange-Traded Funds Principal Focused Blue Chip ETF


Issuer
Principal Financial Group, Inc.
Brand
Principal
Inception date
Jul 13, 2023
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
Qualified dividends
BCHP provides exposure to the global large-cap space, investing in stocks classified to be blue chip or those that are projected to have high income, potential for growth, and capital appreciation. The adviser employs a bottom-up approach, evaluating stocks based on fundamental factors such as competitive position, management and organizational culture. The fund is non-transparent, utilizing a proxy portfolio to show a representative sample that closely mirrors the funds holdings daily called a Tracking Basket. This is constructed using a proprietary optimization process, aiming to minimize fluctuations between the returns of the tracking basket and the actual holdings. Additionally, the fund seeks to take advantage of the arbitrage opportunities presented to maximize profit. A disclosure of the overlap in weights between the tracking basket and actual portfolio is also published daily, providing insight into the potential risk of deviations in performance.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Growth
Strategy
Active
Geography
Global
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 September 30, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Retail Trade
Finance
Commercial Services
Stocks99.46%
Technology Services42.28%
Retail Trade16.32%
Finance11.94%
Commercial Services11.44%
Health Technology9.50%
Electronic Technology4.80%
Consumer Services3.14%
Bonds, Cash & Other0.54%
Mutual fund0.58%
Cash−0.04%
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