Key stats
About Principal Exchange-Traded Funds Principal International Equity ETF
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Inception date
Nov 5, 2024
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Qualified dividends
Primary advisor
Principal Global Investors LLC
Distributor
ALPS Distributors, Inc.
PIEQ offers exposure to the global-ex US equity markets using fundamental analysis. The fund seeks capital growth through an actively managed portfolio that holds companies of all sizes and styles, including equity securities that appear to be undervalued and firms whose potential for capital and earnings growth is expected to be above average. The underlying portfolio is developed by focusing on uncorrelated idea generation and deep fundamental analysis. The fund also utilizes derivatives such as currency forwards, futures, and options to enhance returns and manage risks. The fund typically invests in foreign securities of at least ten countries. Additionally, the fund may use futures to equitize cash.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Electronic Technology
Finance
Stocks87.97%
Electronic Technology17.67%
Finance17.21%
Health Technology9.85%
Consumer Durables9.31%
Consumer Non-Durables5.95%
Retail Trade5.59%
Communications4.71%
Non-Energy Minerals4.52%
Technology Services3.44%
Consumer Services2.63%
Energy Minerals2.55%
Producer Manufacturing1.93%
Industrial Services1.48%
Bonds, Cash & Other12.03%
Cash9.48%
Mutual fund3.87%
Miscellaneous−1.32%
Stock breakdown by region
Europe54.81%
Asia29.41%
North America15.78%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history