# EDGAR Filing Document

**Accession Number:** 0001572661
**File Stem:** 0001752724-25-189537
**Filing Date:** 2025-8
**Character Count:** 12979
**Document Hash:** 0cf20804c23a93f7a41f77f3366cb475
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-189537.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001752724-25-189537

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20250630

**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:** 251223169

**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:** 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 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:** 2025-06-30

- **b. Date as of which information is reported:** 2025-06-30

**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:** $15263613.86

**Total Liabilities:** $7360.25

**Net Assets:** $15256253.61

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235507 | 0.16%                | -0.07%               | 0.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-85766.44               | $104214.65                                 |
| Month 2  | $246013.12               | $-274841.40                                |
| Month 3  | $-77330.79               | $2921.30                                   |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Hyatt Hotels Corp                                          | Hyatt Hotels Corp.                                                         | CUSIP: 448579102<br>LEI: T27JQIMTYSH41TCD5186 | Long             | EC               | CORP              | US        |      2221 | NS      | $310162.65    | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower Inc                                              | Welltower, Inc.                                                            | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               |  | US        |      4336 | NS      | $666573.28    | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ventas Inc                                                 | Ventas, Inc.                                                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               |  | US        |     18360 | NS      | $1159434.00   | 7.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Americold Realty Trust Inc                                 | Americold Realty Trust, Inc.                                               | CUSIP: 03064D108<br>LEI: 894500O3S3W62PQPO460 | Long             | EC               |  | US        |     31346 | NS      | $521283.98    | 3.42%             |  |  |  | No            |                  1 | On Loan: No      |
| American Homes 4 Rent                                      | American Homes 4 Rent                                                      | CUSIP: 02665T306<br>LEI: 549300ZJUO7A58PNUW40 | Long             | EC               |  | US        |     22867 | NS      | $824812.69    | 5.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaming and Leisure Properties Inc                          | Gaming & Leisure Properties, Inc.                                          | CUSIP: 36467J108<br>LEI: 5493006GWRDBCZYWTM57 | Long             | EC               |  | US        |     12643 | NS      | $590175.24    | 3.87%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                                        | American Tower Corp.                                                       | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               |  | US        |      6066 | NS      | $1340707.32   | 8.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties Inc                           | Ryman Hospitality Properties, Inc.                                         | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               |  | US        |      4445 | NS      | $438588.15    | 2.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                                           | Crown Castle, Inc.                                                         | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               |  | US        |      2569 | NS      | $263913.37    | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp                          | Marriott Vacations Worldwide Corp.                                         | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |        91 | NS      | $6580.21      | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc                               | American Healthcare REIT, Inc.                                             | CUSIP: 398182303<br>LEI: 2549004GGE2APGNT6O92 | Long             | EC               |  | US        |     15754 | NS      | $578801.96    | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT Inc                                 | Sabra Health Care REIT, Inc.                                               | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               |  | US        |     39076 | NS      | $720561.44    | 4.72%             |  |  |  | No            |                  1 | On Loan: No      |
| National Health Investors Inc                              | National Health Investors, Inc.                                            | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               |  | US        |      6397 | NS      | $448557.64    | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Iron Mountain Inc                                          | Iron Mountain, Inc.                                                        | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               |  | US        |      4723 | NS      | $484438.11    | 3.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SBA Communications Corp                                    | SBA Communications Corp.                                                   | CUSIP: 78410G104<br>LEI: 5299001HX8ZN8Y8QIT49 | Long             | EC               |  | US        |      2721 | NS      | $638999.64    | 4.19%             |  |  |  | No            |                  1 | On Loan: No      |
| VICI Properties Inc                                        | VICI Properties, Inc.                                                      | CUSIP: 925652109<br>LEI: 254900RKH6RY9KCJQH63 | Long             | EC               |  | US        |     20798 | NS      | $678014.80    | 4.44%             |  |  |  | No            |                  1 | On Loan: No      |
| EastGroup Properties Inc                                   | EastGroup Properties, Inc.                                                 | CUSIP: 277276101<br>LEI: 31TIGQQZC4P6JMHKSW85 | Long             | EC               |  | US        |      2792 | NS      | $466599.04    | 3.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Digital Realty Trust Inc                                   | Digital Realty Trust, Inc.                                                 | CUSIP: 253868103<br>LEI: 549300HKCZ31D08NEI41 | Long             | EC               |  | US        |      3353 | NS      | $584528.49    | 3.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Extra Space Storage Inc                                    | Extra Space Storage, Inc.                                                  | CUSIP: 30225T102<br>LEI: N/A                  | Long             | EC               |  | US        |      5677 | NS      | $837016.88    | 5.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Rexford Industrial Realty Inc                              | Rexford Industrial Realty, Inc.                                            | CUSIP: 76169C100<br>LEI: 549300MSLO0DF0EMX355 | Long             | EC               |  | US        |     15300 | NS      | $544221.00    | 3.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Equinix Inc                                                | Equinix, Inc.                                                              | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               |  | US        |      1310 | NS      | $1042065.70   | 6.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthpeak Properties Inc                                  | Healthpeak Properties, Inc.                                                | CUSIP: 42250P103<br>LEI: 254900M6MTMZM0I22L81 | Long             | EC               |  | US        |     28898 | NS      | $506003.98    | 3.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Equity LifeStyle Properties Inc                            | Equity LifeStyle Properties, Inc.                                          | CUSIP: 29472R108<br>LEI: 529900PEQG66LENB6798 | Long             | EC               |  | US        |      8543 | NS      | $526846.81    | 3.45%             |  |  |  | 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        |    322816 | NS      | $322816.00    | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Invitation Homes Inc                                       | Invitation Homes, Inc.                                                     | CUSIP: 46187W107<br>LEI: N/A                  | Long             | EC               |  | US        |     20931 | NS      | $686536.80    | 4.50%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-17

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

**Signature:** Megan Hoffmann

**Name of Signer:** Megan Hoffmann

**Title:** Vice President and Controller