Principal Value ETF

Frequently Asked Questions About PY

What does PY invest in?

The investment seeks long-term growth of capital. Under normal circumstances, the fund invests at least 80% of its net assets in equity securities of value companies.

What is the expense ratio of PY?

Principal Value ETF (PY) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PY?

Principal Value ETF (PY) manages $124.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PY actively managed or an index fund?

PY's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was PY launched?

Principal Value ETF (PY) launched in March 2016 and is managed by Principal Funds.

How has PY performed?

PY's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.