Principal Value ETFPrincipal Value ETFPrincipal Value ETF

Principal Value ETF

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Key stats


Assets under management (AUM)
‪286.40 M‬USD
Fund flows (1Y)
‪230.66 M‬USD
Dividend yield (indicated)
2.07%
Discount/Premium to NAV
−0.02%
Shares outstanding
‪6.01 M‬
Expense ratio
0.15%

About Principal Value ETF


Brand
Principal
Inception date
Mar 21, 2016
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Principal Global Investors LLC
Distributor
ALPS Distributors, Inc.
PY actively invests in equity securities in the S&P 500 Index that have higher degrees of shareholder yield. The fund manager uses a proprietary quantitative model to identify and select companies for inclusion. PGI uses internal and external resources to develop and refine its investment themes, and to identify and take advantage of trends that may impact the fund and its holdings. The fund is rebalanced annually, but may make any adjustments at its discretion. Prior to June 17, 2022, the fund tracked the NASDAQ U.S. Shareholder Yield Index. Prior to Sep. 30, 2020, the fund name was Principal Shareholder Yield Index ETF.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Value
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Electronic Technology
Technology Services
Stock breakdown by region
95%4%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to PY via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PY trades at 47.38 USD today, its price has fallen −0.62% in the past 24 hours. Track more dynamics on PY price chart.
PY net asset value is 47.39 today — it's risen 4.39% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PY assets under management is ‪286.40 M‬ USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PY price has risen by 3.16% over the last month, and its yearly performance shows a 3.75% increase. See more dynamics on PY price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.39% over the last month, showed a −6.28% decrease in three-month performance and has increased by 5.23% in a year.
PY fund flows account for ‪230.66 M‬ USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PY invests in stocks. See more details in our Analysis section.
PY expense ratio is 0.15%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PY isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PY technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PY shows the buy signal. See more of PY technicals for a more comprehensive analysis.
Yes, PY pays dividends to its holders with the dividend yield of 2.07%.
PY trades at a premium (0.02%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PY shares are issued by Principal Financial Group, Inc.
PY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 21, 2016.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.