Principal Exchange-Traded Funds - Principal Securitized Debt ETF
WDE
Chicago Board Options Exchange- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Principal Exchange-Traded Funds – Principal Securitized Debt ETF is an actively managed U.S.-domiciled fixed-income exchange-traded fund that seeks to provide current income and, secondarily, capital appreciation during periods of widening U.S. corporate credit spreads. The fund invests principally in securitized credit instruments, including agency and non-agency residential mortgage-backed securities; commercial mortgage-backed securities; asset-backed securities backed by consumer loans, auto loans, equipment leases, receivables and other financial assets; collateralized loan obligations and other structured-credit securities; U.S. government securities; cash and cash equivalents; and derivatives, including futures and swaps, used for investment exposure, duration management and portfolio hedging. Under normal conditions, it invests at least 80% of net assets, plus borrowings for investment purposes, in securitized credit investments and focuses predominantly on investment-grade securities across the capital structure. The portfolio is constructed using fundamental credit research, relative-value analysis, technical analysis and active duration, sector and credit-risk allocation; it references the Bloomberg U.S. Aggregate Index and a blended securitized benchmark comprising the Bloomberg U.S. MBS, ABS and CMBS indices. The fund serves individual and institutional investors seeking actively managed exposure to U.S. structured-credit and securitized-debt markets. Principal Securitized Debt ETF was formed on May 21, 2026, is sponsored by Principal Financial Services, Inc., and is advised and co-managed by Principal Global Investors, LLC, part of Principal Asset Management, headquartered in Des Moines, Iowa. In June 2026, Principal Asset Management launched WDE as part of a new fixed-income ETF suite designed to expand its ETF product range and provide diversified access to securitized sectors of the fixed-income market.