Principal Launches ‘PQDI’ ETF to Help Boost After-Tax Income

Today, Principal Global Investors launched the Principal Spectrum Tax-Advantaged Dividend Active ETF (PQDI). PQDI is the first ETF in the market specifically designed to offer investors access to qualified dividend income by investing in securities from all three sectors of the global U.S. dollar capital securities market. The fund is designed to help U.S. taxpayers boost after-tax income by targeting exposure to qualified dividends.