PLC — Principal U.S. Large-Cap Multi-Factor Core Index ETF

Data updated: 2020-11-18

PLC — Principal U.S. Large-Cap Multi-Factor Core Index ETF. Developed ex-US Large Cap Blend / Core Equity. Holdings, fees, performance and SEC filings.

PLC Fund Overview

PLC — Principal U.S. Large-Cap Multi-Factor Core Index ETF is a US ETF managed by Principal Exchange-Traded Funds, categorised as Developed ex-US Large Cap Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

Type: US ETF
Manager: Principal Exchange-Traded Funds
Category: Developed ex-US Large Cap Blend / Core Equity
Assets under management: $6.90M
1-year return: 13.2%
Ticker: PLC
SEC CIK: 0001572661
SEC series ID: S000065973
Share class ID: C000213038

PLC Investment Objective and Strategy

Principal U.S. Large-Cap Multi-Factor Core Index ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Principal Exchange-Traded Funds.

Investment objective

"The Fund seeks to provide investment results that closely correspond, before expenses, to the performance of the Nasdaq US Large Cap Select Leaders Core Index (the ""Index"")."

Principal investment strategy

"Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of U.S. companies with large market capitalizations that compose the Index at the time of purchase. The Index uses a quantitative model designed to identify equity securities of companies in the Nasdaq US Large Cap Index (the ""Parent Index"") that exhibit potential for high degrees of value, quality growth and strong momentum. The Parent Index is composed of equity securities of U.S. issuers with large market capitalizations. For this Fund, companies with large market capitalizations are those within the market capitalization range of the companies in the Parent Index, which as of June 30, 2020, was between approximately $1.3 billion and $1.6 trillion.

The Index includes securities in the top 50% of the Parent Index by market capitalization, or (if not in the top 50% by market cap) the top 33% by rank (discussed below). To determine the rankings of securities in the bottom 50% by market cap, an industry-neutral approach is used (each industry maintains similar weight as the initial universe of stocks). Securities are ranked according to three factors: The Shareholder Yield (Value) Factor ranks securities based on the collective financial impact on a company's shareholders from the return of free cash flow through cash dividends, stock repurchases, and debt reduction. This factor is designed to identify securities with low prices relative to their fundamental value. The Pricing Power (Quality Growth) Factor ranks securities based on consistent sales growth, earnings quality and growth, and profitability, while taking price volatility into account.

The Momentum Factor ranks securities by evaluating price momentum over multiple horizons to determine sustainability. The Index uses modified market-cap weighting to give greater weight to securities that rank higher. The Index is rebalanced semi-annually. Additionally, throughout the year securities that become ineligible for the Index are removed and not replaced. The Fund will make corresponding changes to its portfolio shortly after the Index changes are made public. As of June 30, 2020, the Index included 156 components, and the Parent Index included 421 components. More detailed information about the Index methodology is provided in the prospectus under Fund Account Information. The Fund employs a passive investment approach designed to attempt to track the performance of the Index. In seeking its objective, the Fund typically employs a ""full replication"" strategy which involves investing in all the securities that make up the Index, in the same approximate proportions as the Index.

The Fund can, however, use a sampling methodology to purchase a subset of the securities in the Index in an effort to hold a portfolio of securities with generally the same risk and return characteristics of the Index. The Fund can also purchase securities not included in the Index that the advisor believes will help the fund track the Index. The Fund will not concentrate its investments (invest more than 25% of its assets) in a particular industry except to the extent the Index is so concentrated."

PLC Performance

Total returns for PLC (as of 2026-10-01), from SEC filings.

Period	Total return
1 year	13.2%

PLC Risk Information

Risk metrics for PLC, derived from monthly returns in SEC filings.

1-year volatility (annualised): 23.9%

PLC Costs and Fees

PLC costs about $15 per $10,000 invested per year in fund expenses.

Net expense ratio: 0.15%
Gross expense ratio: 0.15%
Portfolio turnover: 60%
Brokerage commissions: 1.86 bps of average net assets (SEC N-CEN)

PLC Cashflows

Over the 12 months to 2020-09, Principal U.S. Large-Cap Multi-Factor Core Index ETF had net inflows of $5.11K, from monthly SEC N-PORT filings.

Month	Net flow
2020-09	$0
2020-08	$0
2020-07	$0
2020-06	$0
2020-05	$0
2020-04	$0

PLC Debt Constituents

No individual debt constituents are reported in Principal U.S. Large-Cap Multi-Factor Core Index ETF's latest SEC N-PORT filing.

PLC Prospectus and SEC Filings

Official Principal U.S. Large-Cap Multi-Factor Core Index ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

Related Funds

Other Developed ex-US Large Cap Blend / Core Equity funds tracked on ABC INVEST:

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.