- What are the top holdings of UUPP?
- Principal Exchange-Traded Funds - Principal CLO ETF holds 30 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does UUPP have?
- UUPP holds 30 positions as reported by the fund's most recent disclosure.
- What sectors does UUPP invest in?
- Principal Exchange-Traded Funds - Principal CLO ETF (UUPP) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is UUPP most exposed to?
- UUPP's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is UUPP a US-only fund?
- The country allocation card on this page shows UUPP's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does UUPP invest in?
- UUPP provides exposure to collateralized loan obligations (CLOs) through an actively managed ETF. It primarily targets senior tranches, typically investment grades, with lower risk and yield. The fund also invests in floating rate securities such as US Treasury and government securities, securitized assets including CMOs, CMBS, and ABS, and derivatives such as futures, credit default swaps, and other swaps for hedging, tactical positioning, and duration management. The portfolio duration is usually maintained at less than one year. The construction of the portfolio typically involves a combination of top-down and bottom-up approaches, utilizing fundamental, technical, and valuation methods to assess interest rate trends, economic conditions, market outlook, loan-level performance, and cash flow dynamics in selecting securities. The actively managed ETF is designed to generate current income, with a secondary goal of capital appreciation, during periods of rising US interest rates.
