UUPP Principal Exchange-Traded Funds - Principal CLO ETF
Quote as of Oct 23, 2026 14:15 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 25.13 | Day Range | 25.13 – 25.19 |
| 52-Week Range | 24.91 – 25.33 | Volume | 3 |
| Avg Volume | 253 | AUM | $15.0M (Oct 26, 2026) |
| Expense Ratio | 0.19% | Yield (TTM) | 1.74% |
| NAV | 25.12 | Premium/Discount | +0.28% indicative |
| Inception | May 20, 2026 | Holdings | 30 |
| Issuer | Principal Funds | Exchange | CBOE |
| Category | Bonds | Index Tracked | Not stated in source data |
| CUSIP | 74255Y672 | ISIN | US74255Y6721 |
| Management | Actively managed (per issuer description) | ||
About this ETF
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.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.12% | -0.08% | — | — | — | — | — | — | +0.32% |
| Total return | +0.28% | +1.17% | — | — | — | — | — | — | +2.07% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.19% | Annual cost of a $10,000 investment | $19.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 24, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 30 holdings stored, 25 shown.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | TREASURY BILL 12/26 0.00000 | — | 5.19% | 785.00K | $779.6K |
| 2 | VENTURE CDO LTD VENTR 2023 47A A1RR 144A | — | 4.67% | 700.00K | $701.1K |
| 3 | APIDOS CLO APID 2023 46A A2R 144A | — | 4.67% | 700.00K | $701.0K |
| 4 | ARES CLO LTD ARES 2020 57A A1R2 144A | — | 4.66% | 700.00K | $700.8K |
| 5 | MADISON PARK FUNDING LTD MDPK 2021 38A A2R 144A | — | 4.66% | 700.00K | $700.6K |
| 6 | BRANT POINT CLO LTD BRTPT 2024 5A A2 144A | — | 4.66% | 700.00K | $700.5K |
| 7 | ELMWOOD CLO 16 LTD ELM16 2022 3A ARR 144A | — | 4.66% | 700.00K | $700.3K |
| 8 | KKR FINANCIAL CLO LTD KKR 37A AR 144A | — | 4.66% | 700.00K | $699.8K |
| 9 | BRANT POINT CLO LTD BRTPT 2024 3A A1R 144A | — | 4.66% | 700.00K | $699.5K |
| 10 | CAPITAL FOUR US CLO C4US 2022 2A A2R 144A | — | 4.65% | 700.00K | $698.3K |
| 11 | RIN LTD RIN 2023 2A A1R 144A | — | 4.65% | 700.00K | $698.3K |
| 12 | ANCHORAGE CAPITAL CLO LTD ANCHC 2016 8A A1R3… | — | 4.33% | 650.00K | $651.3K |
| 13 | TCW LTD TCW 2025 1A A 144A | — | 3.99% | 600.00K | $599.6K |
| 14 | ABRY LIQUID CREDIT CLO LTD ALC 2026 3A A1 144A | — | 3.86% | 580.00K | $579.3K |
| 15 | BRANT POINT CLO LTD BRTPT 2025 7A A1 144A | — | 3.33% | 500.00K | $500.9K |
| 16 | NGC LTD NGC 2024 1A AJR 144A | — | 3.33% | 500.00K | $500.8K |
| 17 | GOLDENTREE LOAN MANAGEMENT US GLM 2022 15A AJR… | — | 3.33% | 500.00K | $500.7K |
| 18 | EMPOWER CLO LTD. EMPWR 2024 1A A1R 144A | — | 3.33% | 500.00K | $500.2K |
| 19 | MADISON PARK FUNDING LTD MDPK 2026 77A A1 144A | — | 3.33% | 500.00K | $500.1K |
| 20 | MAGNETITE CLO LTD MAGNE 2023 34A A1R 144A | — | 3.33% | 500.00K | $499.9K |
| 21 | WELLFLEET CLO LTD WELF 2021 2A A1R 144A | — | 3.06% | 459.11K | $459.3K |
| 22 | MADISON PARK FUNDING LTD MDPK 2022 55A A1R 144A | — | 2.46% | 370.00K | $370.2K |
| 23 | SYCAMORE TREE CLO LTD STCP 2025 6A A1 144A | — | 1.93% | 290.00K | $290.5K |
| 24 | WOODMONT TRUST WDMNT 2023 12A A1R 144A | — | 1.85% | 278.61K | $278.5K |
| 25 | POINT AU ROCHE PARK CLO, LTD PARPK 2021 1A AR… | — | 1.73% | 260.00K | $260.1K |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 1.74% | Paid (last 12 months) | $0.4376 |
| Frequency | Monthly | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Oct 01, 2026 | Last payment | $0.0990 (Oct 05, 2026) |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Oct 01, 2026 | Oct 01, 2026 | Oct 05, 2026 | $0.0990 |
| Sep 01, 2026 | Sep 01, 2026 | Sep 03, 2026 | $0.1028 |
| Aug 03, 2026 | Aug 03, 2026 | Aug 05, 2026 | $0.1128 |
| Jul 01, 2026 | Jul 01, 2026 | Jul 06, 2026 | $0.1230 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
Liquidity
| Volume today | 3 | Average volume | 253 |
| AUM | $15.0M | Premium/Discount | +0.28% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for UUPP
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.