# EDGAR Filing Document

**Accession Number:** 0001572661
**File Stem:** 0001752724-23-030730
**Filing Date:** 2023-2
**Character Count:** 52705
**Document Hash:** e50c757f4d3b3e9e99d411171ab4d9f4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-030730.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001752724-23-030730

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230221

**DATE AS OF CHANGE**: 20230221

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Principal Exchange-Traded Funds
- **CENTRAL INDEX KEY:** 0001572661
- **IRS NUMBER:** 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:** 23646632

**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 Active High Yield ETF (formerly Principal Active Income ETF) (Series ID: S000049047)

| Class ID   | Class Name                                                             | Ticker Symbol   |
|:---|:---|:---|
| C000154646 | Principal Active High Yield ETF (formerly Principal Active Income ETF) | YLD             |

## 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:** 801 Grand Avenue

  - **City:** DES MOINES

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50309

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

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

- **a. Name of Series:** Principal Active High Yield ETF

- **b. EDGAR series identifier (if any):** S000049047

- **c. LEI of Series:** 549300IJEBBJ7TDADP97

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**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:** $194684729.72

**Total Liabilities:** $6789609.93

**Net Assets:** $187895119.79

**Delayed Delivery Securities:** $1210890.79

**Cash Not Reported:** $245.36

**Currency Risk Metrics (dv01):**

- 

**Credit Spread Risk - Investment Grade (dv01):**

- **3-Month:** 76.27000000 | **1-Year:** 223.71000000 | **5-Year:** 4903.03000000 | **10-Year:** 4346.71000000 | **30-Year:** 190.69000000

**Credit Spread Risk - Non-Investment Grade (dv01):**

- **3-Month:** 494.12000000 | **1-Year:** 1449.33000000 | **5-Year:** 31765.32000000 | **10-Year:** 28161.10000000 | **30-Year:** 1235.41000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000154646 | 3.10%                | 2.66%                | -0.39%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-422483.61              | $6183002.28                                |
| Month 2  | $-429239.88              | $5528960.84                                |
| Month 3  | $-3188679.91             | $1510377.42                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CHS/COMMUNITY HEALTH SYS               | CHS/Community Health Systems, Inc.                                   | CUSIP: 12543DBH2<br>LEI: 5493007X5NC5XI1BB106 | Long             | DBT              | CORP              | US        |   2640000 | PA      | $2208307.20   | 1.18%             | 2029-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ford Motor Credit Co LLC               | Ford Motor Credit Co. LLC                                            | CUSIP: 345397XU2<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    114000 | PA      | $106186.44    | 0.06%             | 2026-01-08      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| ACADIA HEALTHCARE CO INC               | Acadia Healthcare Co., Inc.                                          | CUSIP: 00404AAP4<br>LEI: 5493005CW985Y9D0NC11 | Long             | DBT              | CORP              | US        |   3050000 | PA      | $2805085.00   | 1.49%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISH NETWORK CORP                      | DISH Network Corp.                                                   | CUSIP: 25470MAG4<br>LEI: 529900U350CWHH15G169 | Long             | DBT              | CORP              | US        |    473000 | PA      | $487142.70    | 0.26%             | 2027-11-15      | Fixed         | 11.75%                | No            |                  2 | On Loan: No      |
| ENLINK MIDSTREAM LLC                   | EnLink Midstream LLC                                                 | CUSIP: 29336TAD2<br>LEI: 54930000GY1H533OBE23 | Long             | DBT              | CORP              | US        |   1807000 | PA      | $1788387.90   | 0.95%             | 2030-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                 | Acrisure LLC/Acrisure Finance, Inc.                                  | CUSIP: 00489LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1281000 | PA      | $1176999.09   | 0.63%             | 2025-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| KINETIK HOLDINGS LP                    | Kinetik Holdings LP                                                  | CUSIP: 49461MAA8<br>LEI: 549300RD6AJIMYC0HY12 | Long             | DBT              | CORP              | US        |   2892000 | PA      | $2712068.44   | 1.44%             | 2030-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| VISTRA CORP                            | Vistra Corp.                                                         | CUSIP: 92840MAC6<br>LEI: 549300KP43CPCUJOOG15 | Long             | DBT              | CORP              | US        |   1303000 | PA      | $1185642.97   | 0.63%             | 2026-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LADDER CAP FIN LLLP/CORP               | Ladder Capital Finance Holdings LLLP/Ladder Capital Finance Corp.    | CUSIP: 505742AP1<br>LEI: N/A                  | Long             | DBT              |  | US        |   3476000 | PA      | $2806383.36   | 1.49%             | 2029-06-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| OLYMPUS WTR US HLDG CORP               | Olympus Water U.S. Holding Corp.                                     | CUSIP: 681639AB6<br>LEI: 549300YU2GGVCBN3MY89 | Long             | DBT              | CORP              | US        |   2072000 | PA      | $1573075.20   | 0.84%             | 2029-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: —       |
| OCCIDENTAL PETROLEUM COR               | Occidental Petroleum Corp.                                           | CUSIP: 674599ED3<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |   1179000 | PA      | $1218355.02   | 0.65%             | 2030-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Ahern Rentals Inc                      | Ahern Rentals, Inc.                                                  | CUSIP: 008674AH6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2130000 | PA      | $2130000.00   | 1.13%             | 2023-05-15      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| MERCER INTL INC                        | Mercer International, Inc.                                           | CUSIP: 588056BB6<br>LEI: 549300Z5IAG39VRTY874 | Long             | DBT              | CORP              | US        |   1289000 | PA      | $1077616.89   | 0.57%             | 2029-02-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| ESC GCB CBL ASSOCS L                   | CBL & Associates LP                                                  | CUSIP: 125ESCAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6000000 | PA      | $0.00         | 0.00%             | 2026-12-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DAVE & BUSTER'S INC                    | Dave & Buster's, Inc.                                                | CUSIP: 23833NAH7<br>LEI: 549300JAVWTAY1FT5Z45 | Long             | DBT              | CORP              | US        |   1771000 | PA      | $1779855.00   | 0.95%             | 2025-11-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                     | Forestar Group, Inc.                                                 | CUSIP: 346232AE1<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |   2196000 | PA      | $1884090.28   | 1.00%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fertitta Entertainment, LLC            | Fertitta Entertainment LLC                                           | CUSIP: 31556PAB3<br>LEI: 984500A0805D8V551D35 | Long             | LON              | CORP              | US        |   1202140 | PA      | $1140686.20   | 0.61%             | 2029-01-27      | Floating      | 8.32%                 | No            |                  2 | On Loan: No      |
| LABL INC                               | LABL, Inc.                                                           | CUSIP: 50168QAC9<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    222000 | PA      | $193421.94    | 0.10%             | 2028-11-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| JAZZ SECURITIES DAC                    | Jazz Securities DAC                                                  | CUSIP: 47216FAA5<br>LEI: 6354009DV8VV7K6KOO02 | Long             | DBT              | CORP              | IE        |   3044000 | PA      | $2712660.60   | 1.44%             | 2029-01-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CLEARWAY ENERGY OP LLC                 | Clearway Energy Operating LLC                                        | CUSIP: 18539UAD7<br>LEI: 549300Z3NFMM54NWBB87 | Long             | DBT              | CORP              | US        |   3080000 | PA      | $2557166.83   | 1.36%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                   | OneMain Finance Corp.                                                | CUSIP: 85172FAQ2<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |    729000 | PA      | $671285.07    | 0.36%             | 2028-01-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CLYDESDALE ACQUISITION                 | Clydesdale Acquisition Holdings, Inc.                                | CUSIP: 18972EAB1<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |   1083000 | PA      | $927017.18    | 0.49%             | 2030-04-15      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| AETHON UN/AETHIN UN FIN                | Aethon United BR LP/Aethon United Finance Corp.                      | CUSIP: 00810GAC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2624000 | PA      | $2602866.51   | 1.39%             | 2026-02-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| CDI ESCROW ISSUER INC                  | CDI Escrow Issuer, Inc.                                              | CUSIP: 12511VAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2624000 | PA      | $2352230.04   | 1.25%             | 2030-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| AERCAP HOLDINGS NV                     | AerCap Holdings NV                                                   | CUSIP: 00774YAA7<br>LEI: 549300SZYINBBLJQU475 | Long             | DBT              | CORP              | NL        |   3281000 | PA      | $2987186.45   | 1.59%             | 2079-10-10      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MAXAR TECHNOLOGIES INC                 | Maxar Technologies, Inc.                                             | CUSIP: 57778KAC9<br>LEI: 549300OEN2G821MIJ922 | Long             | DBT              | CORP              | US        |   2123000 | PA      | $2204168.19   | 1.17%             | 2027-06-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| HAT HOLDINGS I LLC/HAT                 | HAT Holdings I LLC/HAT Holdings II LLC                               | CUSIP: 418751AE3<br>LEI: N/A                  | Long             | DBT              |  | US        |   2040000 | PA      | $1772352.00   | 0.94%             | 2026-06-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| COPPER MOUNTAIN MINING C               | Copper Mountain Mining Corp.                                         | CUSIP: 000000000<br>LEI: 5493006C53WJSL5MMV91 | Long             | DBT              | CORP              | CA        |   2091973 | PA      | $1940304.96   | 1.03%             | 2026-04-09      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| DIRECTV FIN LLC/COINC                  | Directv Financing LLC/Directv Financing Co.-Obligor, Inc.            | CUSIP: 25461LAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3331000 | PA      | $2980112.46   | 1.59%             | 2027-08-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                   | Pilgrim's Pride Corp.                                                | CUSIP: 72147KAG3<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |   2903000 | PA      | $2271597.50   | 1.21%             | 2032-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Asurion LLC                            | Asurion LLC                                                          | CUSIP: 04649VAZ3<br>LEI: 549300KNQVXGIOXWK278 | Long             | LON              | CORP              | US        |   1725000 | PA      | $1338306.75   | 0.71%             | 2028-01-31      | Floating      | 9.63%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI               | Antero Midstream Partners LP/Antero Midstream Finance Corp.          | CUSIP: 03690AAD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1130000 | PA      | $1068253.72   | 0.57%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO                    | JPMorgan Chase & Co.                                                 | CUSIP: 48128BAG6<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |   3032000 | PA      | $2671950.00   | 1.42%             | 2025-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| SCRIPPS ESCROW II INC                  | Scripps Escrow II, Inc.                                              | CUSIP: 81105DAB1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    986000 | PA      | $790287.85    | 0.42%             | 2031-01-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY                   | Garda World Security Corp.                                           | CUSIP: 36485MAL3<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |    299000 | PA      | $242951.97    | 0.13%             | 2029-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TENET HEALTHCARE CORP                  | Tenet Healthcare Corp.                                               | CUSIP: 88033GDJ6<br>LEI: 0W9AIBT6U6ADJ2I8HK17 | Long             | DBT              | CORP              | US        |   2643000 | PA      | $2366330.76   | 1.26%             | 2028-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TARGA RESOURCES PARTNERS               | Targa Resources Partners LP/Targa Resources Partners Finance Corp.   | CUSIP: 87612BBS0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1188000 | PA      | $1072704.60   | 0.57%             | 2031-02-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                          | DISH DBS Corp.                                                       | CUSIP: 25470XBD6<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    289000 | PA      | $186436.79    | 0.10%             | 2029-06-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| VISTRA OPERATIONS CO LLC               | Vistra Operations Co. LLC                                            | CUSIP: 92840VAH5<br>LEI: 549300ZH5GKBTJZ7NM23 | Long             | DBT              | CORP              | US        |   2165000 | PA      | $1865400.59   | 0.99%             | 2029-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SMYRNA READY MIX CONCRET               | Smyrna Ready Mix Concrete LLC                                        | CUSIP: 85236FAA1<br>LEI: 549300S7RFWHQFOIOY93 | Long             | DBT              | CORP              | US        |   3062000 | PA      | $2739571.40   | 1.46%             | 2028-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FORESTAR GROUP INC                     | Forestar Group, Inc.                                                 | CUSIP: 346232AF8<br>LEI: 549300BC2UB0GHV60V70 | Long             | DBT              | CORP              | US        |    526000 | PA      | $461139.20    | 0.25%             | 2026-05-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| CNX MIDSTREAM PART LP                  | CNX Midstream Partners LP                                            | CUSIP: 12654AAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2628000 | PA      | $2156707.70   | 1.15%             | 2030-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| American Airlines, Inc.                | American Airlines, Inc.                                              | CUSIP: 02376CBJ3<br>LEI: IWUQB36BXD6OWD6X4T14 | Long             | LON              | CORP              | KY        |   3355000 | PA      | $3336648.15   | 1.78%             | 2028-04-20      | Floating      | 8.99%                 | No            |                  2 | On Loan: No      |
| PILGRIM'S PRIDE CORP                   | Pilgrim's Pride Corp.                                                | CUSIP: 72147KAF5<br>LEI: 549300ZSLGV64ZL3HD75 | Long             | DBT              | CORP              | US        |    379000 | PA      | $322360.35    | 0.17%             | 2031-04-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| UPC Holding BV                         | UPC Holding BV                                                       | CUSIP: 90320LAG2<br>LEI: 213800G1DU7LKI6ZCD69 | Long             | DBT              | CORP              | NL        |   1226000 | PA      | $1088075.00   | 0.58%             | 2028-01-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALBERTSONS COS/SAFEWAY                 | Albertsons Cos., Inc./Safeway, Inc./New Albertsons LP/Albertsons LLC | CUSIP: 013092AE1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2065000 | PA      | $1842929.90   | 0.98%             | 2030-02-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                  | Bath & Body Works, Inc.                                              | CUSIP: 501797AN4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    614000 | PA      | $570191.10    | 0.30%             | 2028-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                          | DISH DBS Corp.                                                       | CUSIP: 25470XBE4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |     13284 | PA      | $11189.58     | 0.01%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BCPE ULYSSES INTERMEDIAT               | BCPE Ulysses Intermediate, Inc.                                      | CUSIP: 05553LAA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    702000 | PA      | $433773.37    | 0.23%             | 2027-04-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| DISH DBS Corp                          | DISH DBS Corp.                                                       | CUSIP: 25470XAW5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    885000 | PA      | $822371.99    | 0.44%             | 2024-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| WATCO COS LLC/FINANCE CO               | Watco Cos. LLC/Watco Finance Corp.                                   | CUSIP: 941130AB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2305000 | PA      | $2189750.00   | 1.17%             | 2027-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| ANTERO MIDSTREAM PART/FI               | Antero Midstream Partners LP/Antero Midstream Finance Corp.          | CUSIP: 03690AAH9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1786000 | PA      | $1632832.64   | 0.87%             | 2029-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| KOBE US MIDCO 2 INC                    | Kobe U.S. Midco 2, Inc.                                              | CUSIP: 499894AA1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    585000 | PA      | $409500.00    | 0.22%             | 2026-11-01      | Fixed         | 9.25%                 | No            |                  2 | On Loan: No      |
| ACRISURE LLC / FIN INC                 | Acrisure LLC/Acrisure Finance, Inc.                                  | CUSIP: 00489LAF0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    321000 | PA      | $264957.87    | 0.14%             | 2029-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co. LLC                                            | CUSIP: 345397B28<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |   1808000 | PA      | $1634455.21   | 0.87%             | 2025-11-13      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                  | Bath & Body Works, Inc.                                              | CUSIP: 501797AW4<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |   1025000 | PA      | $961863.08    | 0.51%             | 2030-10-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Spectrum Group Buyer, Inc.             | Spectrum Group Buyer, Inc.                                           | CUSIP: 84762UAB1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3403594 | PA      | $3206457.60   | 1.71%             | 2028-05-19      | Variable      | 9.44%                 | No            |                  2 | On Loan: No      |
| COMSTOCK RESOURCES INC                 | Comstock Resources, Inc.                                             | CUSIP: 205768AT1<br>LEI: I03QQGEA4SS774AURI46 | Long             | DBT              | CORP              | US        |   1105000 | PA      | $949968.50    | 0.51%             | 2030-01-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| ARCHROCK PARTNERS LP/FIN               | Archrock Partners LP/Archrock Partners Finance Corp.                 | CUSIP: 03959KAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1963000 | PA      | $1796168.65   | 0.96%             | 2028-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| United Airlines, Inc.                  | United Airlines, Inc.                                                | CUSIP: 90932RAJ3<br>LEI: K1OQBWM7XEOO08LDNP29 | Long             | LON              | CORP              | US        |   2255564 | PA      | $2222993.56   | 1.18%             | 2028-04-21      | Floating      | 8.11%                 | No            |                  2 | On Loan: No      |
| COMPASS GROUP DIVERSIFIE               | Compass Group Diversified Holdings LLC                               | CUSIP: 20451RAB8<br>LEI: 549300I6PTUQPX21TE93 | Long             | DBT              | CORP              | US        |   1919000 | PA      | $1642262.97   | 0.87%             | 2029-04-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHOBANI LLC/FINANCE CORP               | Chobani LLC/Chobani Finance Corp., Inc.                              | CUSIP: 17027NAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2261000 | PA      | $2201648.75   | 1.17%             | 2025-04-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: —       |
| CENTENE CORP                           | Centene Corp.                                                        | CUSIP: 15135BAX9<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1399000 | PA      | $1094679.88   | 0.58%             | 2031-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Acrisure, LLC                          | Acrisure LLC                                                         | CUSIP: 00488PAL9<br>LEI: 549300R0Z1Q47XRTGO22 | Long             | LON              | CORP              | US        |   1640974 | PA      | $1536362.23   | 0.82%             | 2027-02-15      | Floating      | 7.88%                 | No            |                  2 | On Loan: No      |
| SIRIUS XM RADIO INC                    | Sirius XM Radio, Inc.                                                | CUSIP: 82967NBL1<br>LEI: WP5O65E6BMU84LNO4227 | Long             | DBT              | CORP              | US        |   2996000 | PA      | $2660268.24   | 1.42%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR COMPANY                     | Ford Motor Co.                                                       | CUSIP: 345370DA5<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | DBT              | CORP              | US        |   1668000 | PA      | $1250902.76   | 0.67%             | 2032-02-12      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| CENTENE CORP                           | Centene Corp.                                                        | CUSIP: 15135BAV3<br>LEI: 549300Z7JJ4TQSQGT333 | Long             | DBT              | CORP              | US        |   1852000 | PA      | $1565625.24   | 0.83%             | 2030-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED ENERGY FIN                | Consolidated Energy Finance SA                                       | CUSIP: 20914UAF3<br>LEI: 549300PUNIS0USNSL750 | Long             | DBT              | CORP              | LU        |   2628000 | PA      | $2232950.55   | 1.19%             | 2028-10-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| MEG ENERGY CORP                        | MEG Energy Corp.                                                     | CUSIP: 552704AE8<br>LEI: 5493002WXPTG5ZC1T326 | Long             | DBT              | CORP              | CA        |   1803000 | PA      | $1838865.28   | 0.98%             | 2027-02-01      | Fixed         | 7.13%                 | No            |                  2 | On Loan: No      |
| FIRST QUANTUM MINERALS L               | First Quantum Minerals Ltd.                                          | CUSIP: 335934AT2<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | DBT              | CORP              | CA        |    772000 | PA      | $724308.35    | 0.39%             | 2027-10-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| TMS INTERNATIONAL CORP                 | TMS International Corp.                                              | CUSIP: 87261QAC7<br>LEI: 549300L4K0F1YF8WKF23 | Long             | DBT              | CORP              | US        |   1482000 | PA      | $1060015.32   | 0.56%             | 2029-04-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| NRG ENERGY INC                         | NRG Energy, Inc.                                                     | CUSIP: 629377CS9<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | DBT              | CORP              | US        |   2835000 | PA      | $2129226.75   | 1.13%             | 2032-02-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ALBION FINANCING 1SARL /               | Albion Financing 1 SARL/Aggreko Holdings, Inc.                       | CUSIP: 013304AA8<br>LEI: N/A                  | Long             | DBT              | CORP              | LU        |   1899000 | PA      | $1693547.19   | 0.90%             | 2026-10-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| UNITED AIR 2016-1 B PTT                | United Airlines Pass-Through Trust                                   | CUSIP: 90933HAA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    167782 | PA      | $151806.19    | 0.08%             | 2026-01-07      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Apache Corp                            | Apache Corp.                                                         | CUSIP: 037411BA2<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |     90000 | PA      | $67905.00     | 0.04%             | 2043-04-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ESCROW GENON ENERGY D05/11/11          | GenOn Energy, Inc.                                                   | CUSIP: 3724ESC78<br>LEI: 54930052FQLRHOTY0J14 | Long             | DBT              | CORP              | US        |   3100000 | PA      | $0.03         | 0.00%             | 2020-10-15      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| DKT Finance ApS                        | DKT Finance ApS                                                      | CUSIP: 255882AA0<br>LEI: 529900CPZ2SMDPG5RV48 | Long             | DBT              | CORP              | DK        |   2111000 | PA      | $2084612.50   | 1.11%             | 2023-06-17      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| LIONS GATE CAPITAL HOLD                | Lions Gate Capital Holdings LLC                                      | CUSIP: 53627NAE1<br>LEI: 549300MWJHNLR35C0837 | Long             | DBT              | CORP              | US        |   2679000 | PA      | $1553276.03   | 0.83%             | 2029-04-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| HESS MIDSTREAM OPERATION               | Hess Midstream Operations LP                                         | CUSIP: 428102AE7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2127000 | PA      | $1818416.90   | 0.97%             | 2030-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                 | CCO Holdings LLC/CCO Holdings Capital Corp.                          | CUSIP: 1248EPCK7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3041000 | PA      | $2439231.72   | 1.30%             | 2031-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES INC               | Sensata Technologies, Inc.                                           | CUSIP: 81728UAB0<br>LEI: 5493002MMDDCUNV7NY90 | Long             | DBT              | CORP              | US        |   2731000 | PA      | $2246629.81   | 1.20%             | 2031-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Bath & Body Works Inc                  | Bath & Body Works, Inc.                                              | CUSIP: 501797AU8<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | DBT              | CORP              | US        |    325000 | PA      | $346185.13    | 0.18%             | 2025-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| BOYNE USA INC                          | Boyne USA, Inc.                                                      | CUSIP: 103557AC8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   3487000 | PA      | $3086149.47   | 1.64%             | 2029-05-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CREDIT ACCEPTANC                       | Credit Acceptance Corp.                                              | CUSIP: 225310AM3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2827000 | PA      | $2678971.21   | 1.43%             | 2026-03-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| CINEMARK USA INC                       | Cinemark USA, Inc.                                                   | CUSIP: 172441BF3<br>LEI: 54930008H2137JSCPQ09 | Long             | DBT              | CORP              | US        |   2673000 | PA      | $1984943.07   | 1.06%             | 2028-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: —       |
| LABL INC                               | LABL, Inc.                                                           | CUSIP: 50168QAD7<br>LEI: 5493004FUZN8R6Y3VB98 | Long             | DBT              | CORP              | US        |    968000 | PA      | $770985.28    | 0.41%             | 2029-11-01      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| OCCIDENTAL PETROLEUM COR               | Occidental Petroleum Corp.                                           | CUSIP: 674599EF8<br>LEI: IM7X0T3ECJW4C1T7ON55 | Long             | DBT              | CORP              | US        |    320000 | PA      | $322940.68    | 0.17%             | 2031-01-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Principal Government Money Market Fund | Principal Government Money Market Fund                               | CUSIP: 000000000<br>LEI: 549300WWK3YB7DNN4U34 | Long             | STIV             | RF                | US        |   4092182 | NS      | $4092182.50   | 2.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Valcour Packaging LLC                  | Valcour Packaging LLC                                                | CUSIP: 91889CAB4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1588000 | PA      | $1302160.00   | 0.69%             | 2028-10-04      | Floating      | 7.98%                 | No            |                  2 | On Loan: No      |
| SENSATA TECHNOLOGIES BV                | Sensata Technologies BV                                              | CUSIP: 81725WAK9<br>LEI: PUCKW5P5O3XMOZVH7T53 | Long             | DBT              | CORP              | NL        |    345000 | PA      | $297562.50    | 0.16%             | 2029-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                 | Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.  | CUSIP: 31556TAA7<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1332000 | PA      | $1127185.02   | 0.60%             | 2029-01-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| DISH DBS CORP                          | DISH DBS Corp.                                                       | CUSIP: 25470XBB0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1524000 | PA      | $1078230.00   | 0.57%             | 2028-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| INTERNATIONAL GAME TECH                | International Game Technology PLC                                    | CUSIP: 460599AE3<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | DBT              | CORP              | GB        |   3466000 | PA      | $3229824.75   | 1.72%             | 2029-01-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PARK RIVER HOLDINGS INC                | Park River Holdings, Inc.                                            | CUSIP: 70082LAA5<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1095000 | PA      | $729166.16    | 0.39%             | 2029-02-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| CRESTWOOD MID PARTNER LP               | Crestwood Midstream Partners LP/Crestwood Midstream Finance Corp.    | CUSIP: 226373AQ1<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   2875000 | PA      | $2673750.00   | 1.42%             | 2027-05-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| ANTERO RESOURCES CORP                  | Antero Resources Corp.                                               | CUSIP: 03674XAQ9<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | DBT              | CORP              | US        |   2070000 | PA      | $2081397.77   | 1.11%             | 2029-02-01      | Fixed         | 7.63%                 | No            |                  2 | On Loan: No      |
| CCM MERGER INC                         | CCM Merger, Inc.                                                     | CUSIP: 14985VAE1<br>LEI: 549300P77RSBKKFME089 | Long             | DBT              | CORP              | US        |   2854000 | PA      | $2689381.28   | 1.43%             | 2026-05-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Mileage Plus Holdings LLC              | Mileage Plus Holdings LLC                                            | CUSIP: 59921PAB2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1174737 | PA      | $1206748.42   | 0.64%             | 2027-06-21      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GARDA WORLD SECURITY COR               | Garda World Security Corp.                                           | CUSIP: 36257BAA7<br>LEI: 549300ZF1NDXLMCHNO20 | Long             | DBT              | CORP              | CA        |   1925000 | PA      | $1853998.86   | 0.99%             | 2027-11-01      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| BELLRING BRANDS INC                    | BellRing Brands, Inc.                                                | CUSIP: 07831CAA1<br>LEI: 549300S3BOK5CMTS8054 | Long             | DBT              | CORP              | US        |   1700000 | PA      | $1635825.00   | 0.87%             | 2030-03-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LSF9 ATL HLDG/VICTRA FIN               | LSF9 Atlantis Holdings LLC/Victra Finance Corp.                      | CUSIP: 50220MAA8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1922000 | PA      | $1701085.32   | 0.91%             | 2026-02-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| PATRICK INDUSTRIES INC                 | Patrick Industries, Inc.                                             | CUSIP: 703343AD5<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | DBT              | CORP              | US        |    789000 | PA      | $654870.00    | 0.35%             | 2029-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NOVELIS CORP                           | Novelis Corp.                                                        | CUSIP: 670001AH9<br>LEI: 549300G5F3W3B52WYL23 | Long             | DBT              | CORP              | US        |   1730000 | PA      | $1412358.90   | 0.75%             | 2031-08-15      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WASH MULTIFAM ACQ INC                  | WASH Multifamily Acquisition, Inc.                                   | CUSIP: 93710WAA3<br>LEI: 549300AS7PRY5PHG6L12 | Long             | DBT              | CORP              | US        |   2487000 | PA      | $2343997.50   | 1.25%             | 2026-04-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Apache Corp                            | Apache Corp.                                                         | CUSIP: 037411AW5<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |   1820000 | PA      | $1508256.75   | 0.80%             | 2040-09-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| ASCENT RESOURCES/ARU FIN               | Ascent Resources Utica Holdings LLC/ARU Finance Corp.                | CUSIP: 04364VAG8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    921000 | PA      | $893387.95    | 0.48%             | 2026-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| FERTITTA ENTERTAINMENT                 | Fertitta Entertainment LLC/Fertitta Entertainment Finance Co., Inc.  | CUSIP: 31556TAC3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    911000 | PA      | $734812.60    | 0.39%             | 2030-01-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CCO HLDGS LLC/CAP CORP                 | CCO Holdings LLC/CCO Holdings Capital Corp.                          | CUSIP: 1248EPCQ4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    930000 | PA      | $753951.00    | 0.40%             | 2032-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Apache Corp                            | Apache Corp.                                                         | CUSIP: 037411AY1<br>LEI: 72ZZ1XRHOOU9P9X16K08 | Long             | DBT              | CORP              | US        |    133000 | PA      | $108626.23    | 0.06%             | 2042-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triumph Group Inc                      | Triumph Group, Inc.                                                  | CUSIP: 896818AP6<br>LEI: 5493007L6S47Q14SL582 | Long             | DBT              | CORP              | US        |   1900000 | PA      | $1616121.00   | 0.86%             | 2025-08-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: —       |
| TRONOX INC                             | Tronox, Inc.                                                         | CUSIP: 897051AC2<br>LEI: 549300EPZ4YXC7E5P181 | Long             | DBT              | CORP              | US        |   1521000 | PA      | $1264331.25   | 0.67%             | 2029-03-15      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| GLOBAL AIR LEASE CO LTD                | Global Aircraft Leasing Co. Ltd.                                     | CUSIP: 37960JAA6<br>LEI: N/A                  | Long             | DBT              | CORP              | KY        |   2935933 | PA      | $2495543.05   | 1.33%             | 2024-09-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| FORD MOTOR CREDIT CO LLC               | Ford Motor Credit Co. LLC                                            | CUSIP: 345397ZW6<br>LEI: UDSQCVRUX5BONN0VY111 | Long             | DBT              | CORP              | US        |    558000 | PA      | $514143.99    | 0.27%             | 2026-08-01      | Fixed         | 4.54%                 | No            |                  2 | On Loan: No      |
| TASEKO MINES LTD                       | Taseko Mines Ltd.                                                    | CUSIP: 876511AF3<br>LEI: 549300XKUO1JSLU7KX54 | Long             | DBT              | CORP              | CA        |   1683000 | PA      | $1479927.99   | 0.79%             | 2026-02-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ZIPRECRUITER INC                       | ZipRecruiter, Inc.                                                   | CUSIP: 98980BAA1<br>LEI: 549300HLOVNNFCY2IV80 | Long             | DBT              | CORP              | US        |   2033000 | PA      | $1676045.86   | 0.89%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Street Global Advisors           | State Street Institutional U.S. Government Money Market Fund         | CUSIP: 857492706<br>LEI: 549300BZ5TGIFZUZDZ37 | Long             | STIV             | RF                | US        |   7255132 | NS      | $7255131.61   | 3.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CLYDESDALE ACQUISITION                 | Clydesdale Acquisition Holdings, Inc.                                | CUSIP: 18972EAA3<br>LEI: 254900QKSDYFR3K5YD98 | Long             | DBT              | CORP              | US        |    345000 | PA      | $328008.91    | 0.17%             | 2029-04-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| ONEMAIN FINANCE CORP                   | OneMain Finance Corp.                                                | CUSIP: 682691AA8<br>LEI: 5493008I795YYBFWFU90 | Long             | DBT              | CORP              | US        |   2690000 | PA      | $2007115.58   | 1.07%             | 2030-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LIFE TIME INC                          | Life Time, Inc.                                                      | CUSIP: 53190FAA3<br>LEI: 549300PALKE96VYH4X17 | Long             | DBT              | CORP              | US        |   2910000 | PA      | $2707755.00   | 1.44%             | 2026-01-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bombardier Inc                         | Bombardier, Inc.                                                     | CUSIP: 097751BM2<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | DBT              | CORP              | CA        |    516000 | PA      | $511002.06    | 0.27%             | 2025-03-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Megan Hoffmann

**Name of Signer:** Megan Hoffmann

**Title:** Vice President and Controller