Principal Securitized Debt ETF

Principal Securitized Debt ETF is an actively managed bond exchange-traded fund from Principal Asset Management that seeks exposure across securitized debt sectors within the fixed income market. The fund primarily invests in structured credit instruments such as commercial mortgage-backed securities, asset-backed securities, and other securitized debt obligations, alongside a smaller allocation to U.S. Treasuries, corporate bonds, and cash. Its portfolio construction is designed to provide diversified access to credit-sensitive income markets while maintaining broad sector balance across North American fixed income holdings. Principal Securitized Debt ETF is used by market participants looking for a liquid vehicle focused on securitized income exposures within a single fund structure. It plays a specialized role in the bond market by combining multiple securitized credit segments that are often accessed separately, offering a streamlined way to gain targeted fixed income exposure through one managed portfolio.