# EDGAR Filing Document

**Accession Number:** 0001572661
**File Stem:** 0001410368-26-018080
**Filing Date:** 2026-2
**Character Count:** 23203
**Document Hash:** 7625a254aa3ce84199995d32914848af
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-018080.hdr.sgml**: 20260225

**ACCESSION NUMBER**: 0001410368-26-018080

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260225

**DATE AS OF CHANGE**: 20260225

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Principal Exchange-Traded Funds
- **CENTRAL INDEX KEY:** 0001572661

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23029
- **FILM NUMBER:** 26677054

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

## Series and Classes Contracts Data

### Principal Real Estate Active Opportunities ETF (Series ID: S000076068)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000235507 | Principal Real Estate Active Opportunities ETF | BYRE            |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Principal Exchange-Traded Funds

- **b. Investment Company Act file number:** 811-23029

- **c. CIK number of Registrant:** 0001572661

- **d. LEI of Registrant:** 549300AG76V5U32HWF10

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 711 High Street

  - **City:** DES MOINES

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

  - **Telephone number:** 515-235-1719

**Item A.2. Information about the Series.**

- **a. Name of Series:** Principal Real Estate Active Opportunities ETF

- **b. EDGAR series identifier (if any):** S000076068

- **c. LEI of Series:** 549300N56C4DPRFWH016

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $21022920.63

**Total Liabilities:** $10638.77

**Net Assets:** $21012281.86

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235507 | -1.26%               | 1.32%                | -2.05%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-145016.68              | $-106092.51                                |
| Month 2  | $-272938.05              | $506519.64                                 |
| Month 3  | $-1813.25                | $-555353.46                                |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| American Tower Corp                                        | American Tower Corp.                                                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |      8351 | NS      | $1466185.07   | 6.98%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITE Group PLC/The                                        | UNITE Group PLC                                                            | CUSIP: 000000000<br>LEI: 213800BBUUWVDH9YI827 | Long             | EC               |  | GB        |     10033 | NS      | $75666.72     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                                    | Brandywine Realty Trust                                                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               |  | US        |     27394 | NS      | $79990.48     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadstone Net Lease Inc                                   | Broadstone Net Lease, Inc.                                                 | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               |  | US        |     15491 | NS      | $269078.67    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                                    | COPT Defense Properties                                                    | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               |  | US        |      6595 | NS      | $183341.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Inc                                     | Cousins Properties, Inc.                                                   | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               |  | US        |     11942 | NS      | $307864.76    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                           | Crown Castle, Inc.                                                         | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |     12046 | NS      | $1070528.02   | 5.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                   | Digital Realty Trust, Inc.                                                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |      2767 | NS      | $428082.57    | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Industrial Real Estate Investment Trust              | Dream Industrial Real Estate Investment Trust                              | CUSIP: 26153W109<br>LEI: 549300QOI0TM3CBYUH79 | Long             | EC               |  | CA        |      8600 | NS      | $78822.63     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                                   | EastGroup Properties, Inc.                                                 | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      2689 | NS      | $479018.46    | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                | Equinix, Inc.                                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      1842 | NS      | $1411266.72   | 6.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity Residential                                         | Equity Residential                                                         | CUSIP: 29476L107<br>LEI: 5493008RACSH5EP3PI59 | Long             | EC               |  | US        |     11674 | NS      | $735928.96    | 3.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                                    | Extra Space Storage, Inc.                                                  | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |      7893 | NS      | $1027826.46   | 4.89%             |  |  |  | No            |                  1 | On Loan: No      |
| FrontView REIT Inc                                         | FrontView REIT, Inc.                                                       | CUSIP: 35922N100<br>LEI: N/A                  | Long             | EC               |  | US        |     11080 | NS      | $163540.80    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GO Residential Real Estate Investment Trust                | GO Residential Real Estate Investment Trust                                | CUSIP: 36272H107<br>LEI: N/A                  | Long             | EC               |  | CA        |     22133 | NS      | $259398.76    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc                          | Gaming & Leisure Properties, Inc.                                          | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     19413 | NS      | $867566.97    | 4.13%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                               | American Healthcare REIT, Inc.                                             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |      3866 | NS      | $181933.96    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                  | Healthpeak Properties, Inc.                                                | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               |  | US        |     38189 | NS      | $614079.12    | 2.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                       | Invitation Homes, Inc.                                                     | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               |  | US        |     29245 | NS      | $812718.55    | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                          | Iron Mountain, Inc.                                                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |      9104 | NS      | $755176.80    | 3.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Kilroy Realty Corp                                         | Kilroy Realty Corp.                                                        | CUSIP: 49427F108<br>LEI: 549300CXXI18B214UN80 | Long             | EC               |  | US        |      6975 | NS      | $260655.75    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Hang Lung Properties Ltd                                   | Hang Lung Properties Ltd.                                                  | CUSIP: 000000000<br>LEI: 529900CIVTNMXQT59E61 | Long             | EC               | CORP              | HK        |     84000 | NS      | $92929.19     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirvac Group                                               | Mirvac Group                                                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     56731 | NS      | $77611.84     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc                              | National Health Investors, Inc.                                            | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |      3782 | NS      | $288831.34    | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hongkong Land Holdings Ltd                                 | Hongkong Land Holdings Ltd.                                                | CUSIP: 000000000<br>LEI: 213800XCHYNRPAYGXW28 | Long             | EC               | CORP              | BM        |     14000 | NS      | $97300.00     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Centuria Capital Group                                     | Centuria Capital Group                                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     55291 | NS      | $74534.87     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Nexus Industrial REIT                                      | Nexus Industrial REIT                                                      | CUSIP: 65344U101<br>LEI: N/A                  | Long             | EC               |  | CA        |     28104 | NS      | $161758.48    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Stockland                                                  | Stockland                                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     20679 | NS      | $79074.75     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Prologis Inc                                               | Prologis, Inc.                                                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               |  | US        |      7812 | NS      | $997279.92    | 4.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Klepierre SA                                               | Klepierre SA                                                               | CUSIP: 000000000<br>LEI: 969500PB4U31KEFHZ621 | Long             | EC               |  | FR        |      2234 | NS      | $88580.89     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp                                       | Regency Centers Corp.                                                      | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               |  | US        |      6228 | NS      | $429918.84    | 2.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                              | Rexford Industrial Realty, Inc.                                            | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |     11897 | NS      | $460651.84    | 2.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc                           | Ryman Hospitality Properties, Inc.                                         | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |      4176 | NS      | $395133.12    | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT Inc                                 | Sabra Health Care REIT, Inc.                                               | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |     65311 | NS      | $1236990.34   | 5.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers Inc                                           | Saul Centers, Inc.                                                         | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               |  | US        |      3896 | NS      | $122840.88    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Smartstop Self Storage REIT Inc                            | Smartstop Self Storage REIT, Inc.                                          | CUSIP: 83192D402<br>LEI: 549300EC266625K12S42 | Long             | EC               |  | US        |      8061 | NS      | $249407.34    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| State Street Institutional US Government Money Market Fund | State Street Institutional U.S. Government Money Market Fund Premier Class | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |     59785 | NS      | $59784.62     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                                 | Ventas, Inc.                                                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     11808 | NS      | $913703.04    | 4.35%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                                        | VICI Properties, Inc.                                                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     24630 | NS      | $692595.60    | 3.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                              | Welltower, Inc.                                                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |      8303 | NS      | $1541119.83   | 7.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Keppel DC REIT                                             | Keppel DC REIT                                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |     34900 | NS      | $61089.93     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Warehouses De Pauw CVA                                     | Warehouses De Pauw CVA                                                     | CUSIP: 000000000<br>LEI: 549300HWDYC5JXC85138 | Long             | EC               |  | BE        |      5798 | NS      | $150721.47    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Invincible Investment Corp                                 | Invincible Investment Corp.                                                | CUSIP: 000000000<br>LEI: 353800JY6M2692VAV685 | Long             | EC               |  | JP        |       166 | NS      | $68248.21     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodman Group                                              | Goodman Group                                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |      3951 | NS      | $81684.97     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercialys SA                                               | Mercialys SA                                                               | CUSIP: 000000000<br>LEI: 969500081CGAXB7YS433 | Long             | EC               |  | FR        |     18188 | NS      | $235974.89    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Daiwa House REIT Investment Corp                           | Daiwa House REIT Investment Corp.                                          | CUSIP: 000000000<br>LEI: 3538001FWU534P8JMO05 | Long             | EC               |  | JP        |        74 | NS      | $67650.66     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Wharf Real Estate Investment Co Ltd                        | Wharf Real Estate Investment Co. Ltd.                                      | CUSIP: 000000000<br>LEI: 529900QLPKS8U9QOPB59 | Long             | EC               | CORP              | KY        |     30000 | NS      | $94748.61     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Unibail-Rodamco-Westfield                                  | Unibail-Rodamco-Westfield                                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | XX        |       824 | NS      | $89825.52     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| National Storage REIT                                      | National Storage REIT                                                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | AU        |     49640 | NS      | $90437.41     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| CTP NV                                                     | CTP NV                                                                     | CUSIP: 000000000<br>LEI: 3157000YTVO4TN65UM14 | Long             | EC               | CORP              | NL        |      3581 | NS      | $75077.70     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Centurion Accommodation Reit                               | Centurion Accommodation REIT                                               | CUSIP: 000000000<br>LEI: 254900NE2W0T2HDOXF24 | Long             | EC               |  | SG        |     78600 | NS      | $67874.59     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sekisui House Reit Inc                                     | Sekisui House Reit, Inc.                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | JP        |       123 | NS      | $70671.60     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneweg Europe Stapled Trust                              | Stoneweg Europe Stapled Trust                                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               |  | SG        |     96100 | NS      | $184086.85    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-21

**Name of Applicant:** Principal Exchange-Traded Funds

**Signature:** Megan Hoffmann

**Name of Signer:** Megan Hoffmann

**Title:** Vice President and Treasurer