Principal Securitized Debt ETF (WDE)

Principal Securitized Debt ETF (WDE) is an exchange-traded fund in the Securitized Bond Diversified category. It has $19.95M in assets and an expense ratio of 0.19%. Under normal circumstances, the fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securitized credit investments. It will invest in derivatives, including futures, credit default swaps and other types of swaps, for hedging purposes, for tactical positioning, and to manage duration.