The Nasdaq US Shareholder Yield Index is designed to provide exposure to US companies within the Nasdaq US Large Mid Cap Index which exhibit high degrees of sustainable shareholder yield. The universe of securities is screened by a series of quantitative and qualitative factors. The top ranked securities are then selected and a proprietary weighting methodology is applied.
The Index began on January 19, 2016 at a base value of 1000.
|# of Components||135|
|Entitlement||U.S. Classic (NASDAQ / PHLX)|
|Principal Shareholder Yield Index ETF||PY||Principal Management Corporation|