---
ticker: "YLD"
name: "Principal Active High Yield ETF"
url: "https://etf.net/etf/YLD"
grade: "B"
score: 59
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "41 of 85"
methodology: "https://etf.net/methodology"
---

# YLD: Principal Active High Yield ETF

Grade **B**, Score 59 of 100. Rank 41 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 58 | 31 of 85 |
| Mission | 79 | 53 of 74 |
| Risk | 44 | 62 of 85 |
| Tradability | 50 | 37 of 85 |
| Holdings | 43 | 60 of 85 |
| Durability | 68 | 25 of 85 |

## Top holdings

The fund holds 146 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | GVMXX | State Street Institutional Us State St Inst Us Gov Mm Prem | 4.02% |
| 2 | — | Energy Transfer Lp Jr Subordina 02/56 Var | 2.04% |
| 3 | — | Matador Resources Co Company Guar 144A 04/33 6.25 | 1.97% |
| 4 | — | Olympus Wtr Us Hldg Corp Sr Unsecured 144A 10/29 6.25 | 1.58% |
| 5 | — | Smyrna Ready Mix Concret Sr Secured 144A 11/28 6 | 1.50% |
| 6 | — | Global Air Lease Co Ltd Sr Secured 144A 09/27 8.75 | 1.50% |
| 7 | — | Freedom Mortgage Hold Sr Unsecured 144A 05/31 9.125 | 1.49% |
| 8 | — | Lifepoint Health Inc 2024 1ST Lien Term Loan B | 1.49% |
| 9 | — | Icahn Enterprises/Fin Sr Secured 02/29 4.375 | 1.48% |
| 10 | — | California Buyer/Atlanti Sr Unsecured 144A 02/32 6.375 | 1.48% |
| 11 | — | Ameritex Holdco Intermed Sr Secured 144A 08/33 7.625 | 1.47% |
| 12 | — | Sunoco Lp Company Guar 144A 03/34 5.875 | 1.47% |
| 13 | — | Sinclair Television Grou Sr Secured 144A 02/33 8.125 | 1.42% |
| 14 | — | Truenoord Capital Dac Company Guar 144A 03/30 8.75 | 1.42% |
| 15 | — | Ubs Group AG Jr Subordina 144A 12/99 Var | 1.41% |
| 16 | — | Venture Global Lng Inc Sr Secured 144A 02/29 9.5 | 1.39% |
| 17 | — | Carvana Co Term Loan B | 1.36% |
| 18 | — | First Quantum Minerals L Company Guar 144A 03/33 8 | 1.35% |
| 19 | — | Jazz Securities Dac Sr Secured 144A 01/29 4.375 | 1.31% |
| 20 | — | Dig Intl Fin/Difl Us Llc Sr Secured 144A 08/32 8.625 | 1.29% |
| 21 | — | Onemain Finance Corp Company Guar 09/30 4 | 1.25% |
| 22 | — | Maxim Crane Works Llc Secured 144A 09/28 11.5 | 1.23% |
| 23 | — | Caesars Entertain Inc Sr Secured 144A 02/32 6.5 | 1.20% |
| 24 | — | SHIFT4 Payments Llc/Fin Company Guar 144A 08/32 6.75 | 1.19% |
| 25 | — | Uniti Grp/Uniti Hld/Csl Company Guar 144A 01/30 6 | 1.18% |
| 26 | — | Equipmentshare.com Inc Secured 144A 03/33 8 | 1.18% |
| 27 | — | Tms International Corp Sr Unsecured 144A 04/29 6.25 | 1.14% |
| 28 | — | Trekor Metals Ltd Sr Secured 144A 05/30 8.25 | 1.13% |
| 29 | — | Concentra Health Service Company Guar 144A 07/32 6.875 | 1.12% |
| 30 | — | Arbor Realty Sr Inc Company Guar 144A 07/30 7.875 | 1.04% |

Source: etf.net, https://etf.net/etf/YLD. Please cite the page URL.