Principal Investment Grade Corporate Active ETF (IG) Announces Monthly Dividend of $0.0874
The Principal Investment Grade Corporate Active ETF (IG) has declared a monthly dividend of $0.0874 per share. The distribution is scheduled to be paid on November 4, with the ex-dividend date set for November 2 and the record date also falling on November 2. The announcement comes amidst broader market volatility characterized by rising tech risk premiums and increased demand for downside hedges ahead of major mega-cap earnings reports. This environment has contributed to a surge in the VIX index, impacting general investor sentiment across corporate bond sectors.