Principal Ultra-Short Active Income ETF

(NYSE:USI)

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Profile

The investment seeks to provide current income. The fund is an actively managed exchange-traded fund ("ETF") that seeks to achieve its investment objective by investing, under normal circumstances, at least 80% of its net assets, plus any borrowings for investment purposes, in investment-grade bonds and other debt securities. The fund invests in fixed- and floating-rate securities. Under normal circumstances, the fund maintains an average effective maturity of three years or less and an average portfolio duration of one year or less.

Contact Information

Main Phone: 515-235-9328
Address: Principal Exchange-Traded Funds
Address 2: 655 9th Street
State: IA
City / Town: Des Moines
Country: US
Postal Code: 50392

Issuer Information

Exchange: ARCA

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