IG

Principal Investment Grade Corporate Active ETF

$20.86

+0.00%

Market closed. Last update: 10:57 PM ET

📎 Investment Objective

The IG - Principal Investment Grade Corporate Active ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

Overview

ETF tracking Principal Investment Grade Corporate Active ETF

Category Corporate Bonds

Issuer Other

Inception Date 2018-04-19

Market Cap $125.2M

Average Volume N/A

Dividend Yield 4.20%

52-Week Range $19.90 - $21.28

VWAP $20.89

Performance

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Investment Summary

📎 Investment Objective

The IG - Principal Investment Grade Corporate Active ETF seeks to provide a high level of current income by investing primarily in a diversified portfolio of investment-grade corporate bonds.

🎯 Investment Strategy

The ETF's portfolio managers actively select and manage a diversified portfolio of investment-grade corporate bonds with the goal of generating a high level of current income. The managers utilize fundamental credit research and analysis to identify attractive corporate bond opportunities across various sectors and industries.

✨ Key Features

Actively managed portfolio of investment-grade corporate bonds
Emphasis on generating high current income
Diversified exposure across corporate bond issuers and sectors
Managed by an experienced team of fixed income portfolio managers

⚠️ Primary Risks

Interest rate risk: The value of the fund's holdings may decline when interest rates rise
Credit risk: The risk of default or downgrade by the issuers of the bonds held in the portfolio
Liquidity risk: The potential difficulty in selling certain bonds in the portfolio
Active management risk: The risk that the portfolio managers' investment decisions may not produce the desired results

👤 Best For

The IG - Principal Investment Grade Corporate Active ETF may be suitable for investors seeking a high level of current income from their fixed income allocation, and who have a moderate risk tolerance and a medium-term investment horizon.