ETF Pricing & Performance

*Morningstar® Ratings as of . Ratings reflect risk adjusted performance.

Active Management

Fund Name / Symbol

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
40.19 40.19 40.07 40.07
0.01 0.01 NA NA
0.01 0.01 NA NA
6.60 6.60 6.29 6.29

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.95 4.95 5.61 5.61
6.27 6.27 6.32 6.32
NA NA NA NA
NA NA NA NA
5.25 5.25 5.34 5.34

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.49
0.49
N/A
N/A
SEC Yield %
Benchmark
4.90
 LF89TRUU

Morningstar Rating

Category: Allocation--30% to 50% Equity
4
492 funds
N/A
398 funds
N/A
265 funds
4
492 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
27.85 27.85 27.95 27.95
0.13 0.13 NA NA
0.01 0.01 NA NA
14.66 14.66 15.07 15.07

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.12 4.12 5.35 5.35
NA NA NA NA
NA NA NA NA
NA NA NA NA
7.81 7.81 8.37 8.37

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.58
0.58
N/A
N/A
SEC Yield %
Benchmark
2.31
MSCI ACWI

Morningstar Rating

Category: World Large Stock
N/A
722 funds
N/A
594 funds
N/A
350 funds
N/A
722 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
97.79 97.79 97.41 97.41
-0.04 -0.04 NA NA
0.02 0.02 NA NA
8.64 8.64 8.22 8.22

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
7.99 7.99 7.95 7.95
NA NA NA NA
NA NA NA NA
NA NA NA NA
3.30 3.30 3.62 3.62

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.55
0.55
N/A
N/A
SEC Yield %
Benchmark
4.41
CIPS

Morningstar Rating

Category: Preferred Stock
N/A
53 funds
N/A
41 funds
N/A
18 funds
N/A
53 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
26.11 26.11 26.22 26.22
0.04 0.04 NA NA
0.03 0.03 NA NA
8.34 8.34 8.80 8.80

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
10.95 10.95 10.79 10.79
NA NA NA NA
NA NA NA NA
NA NA NA NA
7.84 7.84 7.89 7.89

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.26
0.26
N/A
N/A
SEC Yield %
Benchmark
3.20
LUACTRUU

Morningstar Rating

Category: Corporate Bond
N/A
154 funds
N/A
132 funds
N/A
82 funds
N/A
154 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
25.05 25.05 25.09 25.09
0.00 0.00 NA NA
0.00 0.00 NA NA
NA NA NA NA

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
NA NA NA NA
NA NA NA NA
NA NA NA NA
NA NA NA NA
0.62 0.62 0.64 0.64

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.18
0.18
N/A
N/A
SEC Yield %
Benchmark
2.57
I00078US

Morningstar Rating

Category: Ultrashort Bond
N/A
151 funds
N/A
128 funds
N/A
57 funds
N/A
151 funds

Strategic Beta

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
38.57 38.57 37.77 37.77
-0.04 -0.04 NA NA
-0.05 -0.05 NA NA
23.57 23.57 21.02 21.02

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
15.03 15.03 14.93 14.93
14.70 14.70 14.67 14.67
NA NA NA NA
NA NA NA NA
14.85 14.85 14.81 14.81

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.29
0.40
SEC Yield %
Benchmark
1.11
 NQPRCE

Morningstar Rating

Category: Large Growth
2
1235 funds
N/A
1100 funds
N/A
812 funds
2
1235 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
32.14 32.14 32.00 32.00
-0.15 -0.15 NA NA
-0.15 -0.15 NA NA
15.59 15.59 15.07 15.07

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
0.68 0.68 0.70 0.70
11.43 11.43 11.42 11.42
NA NA NA NA
NA NA NA NA
9.94 9.94 10.02 10.02

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.29
0.40
SEC Yield %
Benchmark
2.03
NQSHYL

Morningstar Rating

Category: Mid-Cap Value
4
363 funds
N/A
321 funds
N/A
217 funds
4
363 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
34.04 34.04 34.37 34.37
0.22 0.22 NA NA
0.23 0.23 NA NA
22.71 22.71 23.90 23.90

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-1.05 -1.05 -1.06 -1.06
NA NA NA NA
NA NA NA NA
NA NA NA NA
11.83 11.83 11.83 11.83

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.42
0.42
N/A
N/A
SEC Yield %
Benchmark
-0.38
 NQHCIN

Morningstar Rating

Category: Health
N/A
135 funds
N/A
122 funds
N/A
98 funds
N/A
135 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
39.35 39.35 38.30 38.30
0.24 0.24 NA NA
0.26 0.26 NA NA
26.14 26.14 22.78 22.78

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.70 4.70 4.77 4.77
NA NA NA NA
NA NA NA NA
NA NA NA NA
16.84 16.84 16.91 16.91

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.45
0.45
N/A
N/A
SEC Yield %
Benchmark
0.27
 NQGMOI

Morningstar Rating

Category: World Large Stock
N/A
722 funds
N/A
594 funds
N/A
350 funds
N/A
722 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
31.31 31.31 31.44 31.44
-0.23 -0.23 NA NA
-0.17 -0.17 NA NA
12.81 12.81 13.26 13.26

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
-4.84 -4.84 -4.84 -4.84
NA NA NA NA
NA NA NA NA
NA NA NA NA
9.74 9.74 9.74 9.74

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.38
0.38
N/A
N/A
SEC Yield %
Benchmark
1.51
 NQUSSL

Morningstar Rating

Category: Small Blend
N/A
633 funds
N/A
516 funds
N/A
375 funds
N/A
633 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
29.61 29.61 29.07 29.07
-0.01 -0.01 NA NA
0.02 0.02 NA NA
17.64 17.64 15.47 15.47

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
14.32 14.32 14.25 14.25
NA NA NA NA
NA NA NA NA
NA NA NA NA
11.05 11.05 11.05 11.05

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.12
0.15
SEC Yield %
Benchmark
2.05
NQMGUSL

Morningstar Rating

Category: Large Blend
N/A
1205 funds
N/A
1066 funds
N/A
809 funds
N/A
1205 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
28.89 28.89 28.51 28.51
0.00 0.00 NA NA
0.02 0.02 NA NA
18.28 18.28 16.70 16.70

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
2.68 2.68 2.66 2.66
NA NA NA NA
NA NA NA NA
NA NA NA NA
8.93 8.93 8.93 8.93

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.29
0.29
N/A
N/A
SEC Yield %
Benchmark
1.72
NQSUMO

Morningstar Rating

Category: Large Growth
N/A
1235 funds
N/A
1100 funds
N/A
812 funds
N/A
1235 funds

Fund Prices
(as of ) (as of ) (as of ) (as of )

$ Chg Price
$ Chg NAVChg NAV
% YTD (Price)YTD (Price)
26.84 26.84 26.78 26.78
-0.08 -0.08 NA NA
-0.08 -0.08 NA NA
19.53 19.53 19.29 19.29

Average Annual Total Returns (%)
(as of ) (as of ) (as of ) (as of )

1 yr
3 yr
5 yr
10 yr
Since
Incep
Incep
Date
4.13 4.13 4.08 4.08
NA NA NA NA
NA NA NA NA
NA NA NA NA
5.49 5.49 5.49 5.49

Fund Expenses

Net Expense
Gross Expense
Expense Limit Expiration
Expense Waiver Expiration
0.29
0.29
N/A
N/A
SEC Yield %
Benchmark
1.58
NQUSCV

Morningstar Rating

Category: Mid-Cap Value
N/A
363 funds
N/A
321 funds
N/A
217 funds
N/A
363 funds

Disclosures

Performance data quoted represents past performance. Past performance is no guarantee of future results and investment returns, and principal value of the Fund will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance quoted.

Investors should carefully consider a fund’s investment objectives, risks, charges, and expenses prior to investing.

Asset allocation and diversification do not ensure a profit or protect against a loss. Investing in ETFs involves risk, including possible loss of principal. ETFs are subject to risk similar to those of stocks, including those regarding short-selling and margin account maintenance.

Investor shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Ordinary brokerage commissions apply.

Returns shown for periods of less than one year are not annualized.

Morningstar Ratings do not reflect the inclusion of sales charges. If sales charges were reflected, rankings could be lower.

The Morningstar RatingTM for funds, or "star rating," is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Morningstar ratings do not reflect the inclusion of sales charges. If sales charges were reflected, ratings could be lower. © 2019 Morningstar, Inc. All rights reserved. Part of the mutual fund data contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

Past performance is no guarantee of future results.


Risks and Important Information

1 Equity investments involve greater risk, including higher volatility, than fixed-income investment options.


2 Mid-cap stocks may have additional risks, including greater price volatility.


3 Small and mid-cap stocks may have additional risks including greater price volatility.


4 Investments concentrated in the healthcare industry may be adversely impacted by sector specific market shocks, unforeseen rate controls or regulations, higher than expected costs, or inability to bring new products to market.


5 International and global investing involves greater risks such as currency fluctuations, political/social instability and differing accounting standards.


6 Equity investment options involve greater risk, including heightened volatility, than fixed-income investment options. Fixed-income investments are subject to interest rate risk; as interest rates rise, their value will decline. Lower-rated securities are subject to additional credit and default risks. REIT securities are subject to risk factors associated with the real estate industry and tax factors of REIT registration. A master limited partnership (MLP) that invests in a particular industry (e.g., oil and gas) may be harmed by detrimental economic events within that industry. As partnerships, MLPs may be subject to less regulation (and less protection for investors) under state laws than corporations. In addition, MLPs may be subject to state taxation in certain jurisdictions, which may reduce the amount of income paid by an MLP to its investors.


7 Unlike typical ETFs, there are no indices that the Principal Active Income ETF attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager.


8 Small-cap stocks may have additional risks including greater price volatility.


9 Unlike typical ETFs, there are no indices that the Principal Active Global Dividend Income ETF attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager.


10 Risks of preferred securities differ from risks inherent in other investments. In particular, in a bankruptcy preferred securities are senior to common stock but subordinate to other corporate debt.


11 Unlike typical ETFs, there are no indices that the Principal Spectrum Preferred Securities Active ETF attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager.


12 Equity investments involve greater risk, including heightened volatility, than fixed-income


13 Fixed-income investments are subject to interest rate risk; as interest rates rise, their value will decline.


14 Unlike typical ETFs, there are no indices that the Principal Investment Grade Corporate Active ETF attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager.


15 The Bloomberg Barclays U.S. Corporate Investment Grade Bond Index measures the investment grade, fixed-rate, taxable corporate bond market. It includes U.S. dollar-denominated securities publicly issued by U.S. and non-U.S. industrial, utility, and financial issuers.


16 Fixed-income investment options are subject to interest rate risk, and their value will decline as interest rates rise. Neither the principal of bond investment options nor their yields are guaranteed by the U.S. government.


17 Unlike passive ETFs, there are no indices that the Principal Ultra Short Active Income ETF attempts to track or replicate. Thus, the ability of the Fund to achieve its objectives will depend on the effectiveness of the portfolio manager.