USIPrincipal Ultra-Short Active Income ETF
USI Fund Description
USI is an actively-managed portfolio of investment-grade bonds with an average duration of one year or less.
USI Factset Analytics Insight
USI is an actively-managed take on ultra-short investment-grade bonds. Specifically, the fund maintains an average effective maturity of three years or less and an average portfolio duration of one year or less. USI invests in both fixed- and floating-rate securities. The fund will include foreign bonds, corporates, foreign government bonds, asset-backed securities, and commercial paper. Due to its investment objective, it may concentrate 25% of assets towards issuers with traits like stable cash flows, hard assets, and the potential to benefit from demographic trends.
USI MSCI ESG Analytics Insight
Principal Ultra-Short Active Income ETF has an MSCI ESG Fund Rating of A based on a score of 5.96 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Principal Ultra-Short Active Income ETF ranks in the 45th percentile within its peer group and in the 15th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
USI Summary Data
USI Portfolio Data
USI Index Data
USI Portfolio Management
USI Tax Exposures
USI Fund Structure
USI Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of USI. USI is rated a N/A out of 5.