EMDI

Principal Exchange-Traded Funds - Principal Finisterre Emerging Markets Diversified Income ETF

$25.02

0.02%
CountryUnited States

Principal Exchange-Traded Funds - Principal Finisterre Emerging Markets Diversified Income ETF is an exchange traded fund launched by Principal Financial Services, Inc. The fund is managed by Principal Global Investors, LLC. It invests in the fixed income market of global emerging region. It invests directly and through derivatives in high yield fixed-income securities, including those issued by sovereign, quasi-sovereign, and corporate issuers, convertible bonds, credit- and index-linked securities, securities issued by distressed or bankrupt issuers, and securities issued by the U.S government or U.S. government-sponsored enterprises that are rated Ba1 or lower by Moody's Ratings, and BB+ or lower by S&P Global Ratings. It uses derivatives such as swaps, options, forwards and futures to create its portfolio. The fund invests in securities with the maturity from overnight to more than 30 years.

Source: Yahoo Finance
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