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Principal Investment Grade Corporate Active ETF (IG)

CBOE Financial Services Asset Management - Bonds
$20.68 ▲ +0.00%
Market Cap
$123.2M
Sector
Financial Services
Industry
Asset Management - Bonds
Beta
1.08
52-Wk Range
20.31-21.36
CEO
Country
US
Currency
USD

This actively managed Exchange-Traded Fund (ETF) primarily aims to generate consistent income for investors, while also seeking long-term capital appreciation as a secondary objective. To achieve these goals, the fund typically commits at least 80% of its net assets—supplemented by any borrowed funds for investment purposes—to corporate bonds and other debt instruments classified as investment grade. These "investment grade" securities are specifically defined as those possessing a credit rating of BBB- or higher from S&P Global Ratings, or Baa3 or higher from Moody's Investors Service.

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