# EDGAR Filing Document

**Accession Number:** 0001572661
**File Stem:** 0001752724-23-030726
**Filing Date:** 2023-2
**Character Count:** 23350
**Document Hash:** 9341c4117484d6e02b6720e7408efa48
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-030726.hdr.sgml**: 20230221

**ACCESSION NUMBER**: 0001752724-23-030726

**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:** 23646627

**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 Spectrum Tax-Advantaged Dividend Active ETF (Series ID: S000068805)

| Class ID   | Class Name                                            | Ticker Symbol   |
|:---|:---|:---|
| C000219817 | Principal Spectrum Tax-Advantaged Dividend Active ETF | PQDI            |

## 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 Spectrum Tax-Advantaged Dividend Active ETF

- **b. EDGAR series identifier (if any):** S000068805

- **c. LEI of Series:** 5493003JOM7LAJFFCX42

**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:** $20726634.19

**Total Liabilities:** $111977.23

**Net Assets:** $20614656.96

**Cash Not Reported:** $17440.35

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -11.82000000 | **1-Year:** 226.43000000 | **5-Year:** 802.98000000 | **10-Year:** 441.50000000 | **30-Year:** -0.16000000

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

- **3-Month:** -3.99000000 | **1-Year:** 76.48000000 | **5-Year:** 271.20000000 | **10-Year:** 149.12000000 | **30-Year:** -0.05000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000219817 | -0.17%               | 2.35%                | 0.26%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-28873.75               | $-100456.40                                |
| Month 2  | $0.00                    | $381379.16                                 |
| Month 3  | $0.00                    | $-50576.60                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AT&T INC                     | AT&T, Inc.                                                   | CUSIP: 00206R706<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     15395 | NS      | $268488.80    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| COMERICA INC                 | Comerica, Inc.                                               | CUSIP: 200340AU1<br>LEI: I9Q57JVPWHHZ3ZGBW498 | Long             | DBT              | CORP              | US        |    575000 | PA      | $554817.50    | 2.69%             | 2025-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY        | Wells Fargo & Co.                                            | CUSIP: 949746RN3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    355000 | PA      | $342575.00    | 1.66%             | 2025-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DOMINION ENERGY INC          | Dominion Energy, Inc.                                        | CUSIP: 25746UDD8<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | DBT              | CORP              | US        |    460000 | PA      | $402500.00    | 1.95%             | 2024-12-15      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| HSBC Holdings PLC            | HSBC Holdings PLC                                            | CUSIP: 404280AT6<br>LEI: MLU0ZO3ML4LN2LL2TL39 | Long             | DBT              | CORP              | GB        |    861000 | PA      | $834375.50    | 4.05%             | 2025-03-30      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES       | PNC Financial Services Group, Inc.                           | CUSIP: 693475BF1<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    100000 | PA      | $97725.00     | 0.47%             | 2027-09-15      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| CITIGROUP INC                | Citigroup, Inc.                                              | CUSIP: 172967MV0<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | DBT              | CORP              | US        |    655000 | PA      | $558387.50    | 2.71%             | 2026-02-18      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| MORGAN STANLEY               | Morgan Stanley                                               | CUSIP: 61762V853<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |      4000 | NS      | $101000.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ASSOC BANC-CORP              | Associated Banc-Corp.                                        | CUSIP: 045487402<br>LEI: 549300N3CIN473IW5094 | Long             | EP               | CORP              | US        |      2070 | NS      | $42455.70     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| METLIFE INC                  | MetLife, Inc.                                                | CUSIP: 59156RCA4<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | DBT              | CORP              | US        |    220000 | PA      | $204325.00    | 0.99%             | 2025-09-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Voya Financial Inc           | Voya Financial, Inc.                                         | CUSIP: 929089AG5<br>LEI: 549300T065Z4KJ686G75 | Long             | DBT              | CORP              | US        |    460000 | PA      | $447937.18    | 2.17%             | 2023-09-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| TRUIST FINANCIAL CORP        | Truist Financial Corp.                                       | CUSIP: 89832QAE9<br>LEI: 549300DRQQI75D2JP341 | Long             | DBT              | CORP              | US        |    575000 | PA      | $549757.50    | 2.67%             | 2025-09-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY        | Wells Fargo & Co.                                            | CUSIP: 949746TD3<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | DBT              | CORP              | US        |    328000 | PA      | $287086.92    | 1.39%             | 2026-03-15      | Fixed         | 3.90%                 | No            |                  2 | On Loan: No      |
| METLIFE INC                  | MetLife, Inc.                                                | CUSIP: 59156R850<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EP               | CORP              | US        |     17250 | NS      | $337237.50    | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC           | Ally Financial, Inc.                                         | CUSIP: 02005NBM1<br>LEI: 549300JBN1OSM8YNAI90 | Long             | DBT              | CORP              | US        |    220000 | PA      | $147125.00    | 0.71%             | 2026-05-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Nordea Bank Abp              | Nordea Bank Abp                                              | CUSIP: 65559CAA9<br>LEI: 529900ODI3047E2LIV03 | Long             | DBT              | CORP              | FI        |    861000 | PA      | $845555.68    | 4.10%             | 2026-03-26      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP       | Bank of New York Mellon Corp.                                | CUSIP: 064058AH3<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    275000 | PA      | $264035.75    | 1.28%             | 2025-09-20      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| UBS GROUP AG                 | UBS Group AG                                                 | CUSIP: 000000000<br>LEI: 549300SZJ9VS8SGXAN81 | Long             | DBT              | CORP              | CH        |    861000 | PA      | $847071.91    | 4.11%             | 2024-01-31      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG       | Credit Suisse Group AG                                       | CUSIP: 225401AX6<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | CH        |    600000 | PA      | $522640.42    | 2.54%             | 2027-06-23      | Fixed         | 9.75%                 | No            |                  2 | On Loan: No      |
| M&T BANK CORPORATION         | M&T Bank Corp.                                               | CUSIP: 55261FAH7<br>LEI: 549300WYXDDBYRASEG81 | Long             | DBT              | CORP              | US        |    247000 | PA      | $212277.59    | 1.03%             | 2026-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| FULTON FINANCIAL CORP        | Fulton Financial Corp.                                       | CUSIP: 360271308<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EP               | CORP              | US        |      9200 | NS      | $180596.00    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| SYNOVUS FINANCIAL CORP       | Synovus Financial Corp.                                      | CUSIP: 87161C709<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EP               | CORP              | US        |     11500 | NS      | $250125.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES        | Huntington Bancshares, Inc.                                  | CUSIP: 446150AT1<br>LEI: 549300XTVCVV9I7B5T19 | Long             | DBT              | CORP              | US        |    575000 | PA      | $533785.05    | 2.59%             | 2030-07-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP          | Fifth Third Bancorp                                          | CUSIP: 316773DB3<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | DBT              | CORP              | US        |    548000 | PA      | $509101.54    | 2.47%             | 2025-09-30      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NATWEST GROUP PLC            | NatWest Group PLC                                            | CUSIP: 780099CK1<br>LEI: 2138005O9XJIJN4JPN90 | Long             | DBT              | CORP              | GB        |    861000 | PA      | $847008.75    | 4.11%             | 2025-08-10      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Credit Agricole SA           | Credit Agricole SA                                           | CUSIP: 000000000<br>LEI: 969500TJ5KRTCJQWXH05 | Long             | DBT              | CORP              | FR        |    861000 | PA      | $853078.80    | 4.14%             | 2024-01-23      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| AT&T INC                     | AT&T, Inc.                                                   | CUSIP: 00206R508<br>LEI: 549300Z40J86GGSTL398 | Long             | EP               | CORP              | US        |     11381 | NS      | $208841.35    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| US BANCORP                   | U.S. Bancorp                                                 | CUSIP: 902973BC9<br>LEI: N1GZ7BBF3NP8GI976H15 | Long             | DBT              | CORP              | US        |    209000 | PA      | $170857.50    | 0.83%             | 2027-01-15      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP          | Charles Schwab Corp.                                         | CUSIP: 808513BD6<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    575000 | PA      | $562350.00    | 2.73%             | 2025-06-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE & CO          | JPMorgan Chase & Co.                                         | CUSIP: 48128BAN1<br>LEI: 8I5DZWZKVSZI1NUHU748 | Long             | DBT              | CORP              | US        |    110000 | PA      | $94187.50     | 0.46%             | 2026-06-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| CHARLES SCHWAB CORP          | Charles Schwab Corp.                                         | CUSIP: 808513BK0<br>LEI: 549300VSGCJ7E698NM85 | Long             | DBT              | CORP              | US        |    328000 | PA      | $284540.00    | 1.38%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lloyds Banking Group PLC     | Lloyds Banking Group PLC                                     | CUSIP: 539439AU3<br>LEI: 549300PPXHEU2JF0AM85 | Long             | DBT              | CORP              | GB        |    861000 | PA      | $830612.83    | 4.03%             | 2025-09-27      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Bank of America Corp         | Bank of America Corp.                                        | CUSIP: 060505EU4<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | DBT              | CORP              | US        |    575000 | PA      | $570729.87    | 2.77%             | 2026-03-10      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Morgan Stanley               | Morgan Stanley                                               | CUSIP: 61761J406<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EP               | CORP              | US        |     17030 | NS      | $413147.80    | 2.00%             |  |  |  | No            |                  1 | On Loan: No      |
| SOCIETE GENERALE             | Societe Generale SA                                          | CUSIP: 000000000<br>LEI: O2RNE8IBXP4R0TD8PU41 | Long             | DBT              | CORP              | FR        |    824000 | PA      | $815610.52    | 3.96%             | 2023-12-18      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| BANK OF NY MELLON CORP       | Bank of New York Mellon Corp.                                | CUSIP: 064058AJ9<br>LEI: WFLLPEPC7FZXENRZV188 | Long             | DBT              | CORP              | US        |    230000 | PA      | $204560.86    | 0.99%             | 2026-03-20      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| AMERICAN INTL GROUP          | American International Group, Inc.                           | CUSIP: 026874768<br>LEI: ODVCVCQG2BP6VHV36M30 | Long             | EP               | CORP              | US        |      8019 | NS      | $171686.79    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS                  | BNP Paribas SA                                               | CUSIP: 05565AM34<br>LEI: R0MUWSFPU8MPRO8K5P83 | Long             | DBT              | CORP              | FR        |    200000 | PA      | $197500.00    | 0.96%             | 2029-08-16      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL GROUP          | SVB Financial Group                                          | CUSIP: 78486QAJ0<br>LEI: 549300D2KJ20JMXE7542 | Long             | DBT              | CORP              | US        |    110000 | PA      | $72602.20     | 0.35%             | 2026-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PNC FINANCIAL SERVICES       | PNC Financial Services Group, Inc.                           | CUSIP: 693475BD6<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | DBT              | CORP              | US        |    400000 | PA      | $375848.88    | 1.82%             | 2027-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORP             | Duke Energy Corp.                                            | CUSIP: 26441CBG9<br>LEI: I1BZKREC126H0VB1BL91 | Long             | DBT              | CORP              | US        |    575000 | PA      | $524687.50    | 2.55%             | 2024-09-16      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| CAPITAL ONE FINANCIAL CO     | Capital One Financial Corp.                                  | CUSIP: 14040HCF0<br>LEI: ZUE8T73ROZOF6FLBAR73 | Long             | DBT              | CORP              | US        |    209000 | PA      | $164144.56    | 0.80%             | 2026-09-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS GROUP INC      | Goldman Sachs Group, Inc.                                    | CUSIP: 38144GAE1<br>LEI: 784F5XWPLTWKTBV3E584 | Long             | DBT              | CORP              | US        |    438000 | PA      | $356839.35    | 1.73%             | 2026-05-10      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| BANK OF NOVA SCOTIA          | Bank of Nova Scotia                                          | CUSIP: 0641598S8<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    300000 | PA      | $311891.06    | 1.51%             | 2082-10-27      | Fixed         | 8.63%                 | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP     | Citizens Financial Group, Inc.                               | CUSIP: 174610AU9<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | DBT              | CORP              | US        |    575000 | PA      | $550635.85    | 2.67%             | 2025-10-06      | Fixed         | 5.65%                 | No            |                  2 | On Loan: No      |
| DISCOVER FINANCIAL SVS       | Discover Financial Services                                  | CUSIP: 254709AQ1<br>LEI: Z1YLO2USPORE63VVUL20 | Long             | DBT              | CORP              | US        |    575000 | PA      | $558091.14    | 2.71%             | 2025-06-23      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| ING GROEP NV                 | ING Groep NV                                                 | CUSIP: 456837AR4<br>LEI: 549300NYKK9MWM7GGW15 | Long             | DBT              | CORP              | NL        |    861000 | PA      | $764038.47    | 3.71%             | 2026-11-16      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ALLSTATE CORP                | Allstate Corp.                                               | CUSIP: 020002838<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EP               | CORP              | US        |     11500 | NS      | $227815.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF AMERICA CORP         | Bank of America Corp.                                        | CUSIP: 06055H400<br>LEI: 9DJT3UXIJIZJI4WXO774 | Long             | EP               | CORP              | US        |      4380 | NS      | $76869.00     | 0.37%             |  |  |  | No            |                  1 | 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        |    395975 | NS      | $395974.70    | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF NOVA SCOTIA          | Bank of Nova Scotia                                          | CUSIP: 064159VJ2<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | DBT              | CORP              | CA        |    575000 | PA      | $551281.25    | 2.67%             | 2025-06-04      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-18

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

**Signature:** Megan Hoffmann

**Name of Signer:** Megan Hoffmann

**Title:** Vice President and Controller