PCOV ETF — Principal Equity Premium Income ETF

Principal Equity Premium Income ETF (PCOV)

PCOV is an ETF. As of August 28, 2026, its expense ratio is 0.34%.

Principal Equity Premium Income ETF is an actively managed equity income fund that invests in dividend-paying stocks and writes options for premium income. It lists on Cboe, charges 0.34%, and incepted 08/19/2026.

PCOV key facts

Data as of August 28, 2026.

Issuer

Principal

Asset type

ETF

Asset class

Equity

Inception date

08/19/2026

Expense ratio

0.34%

Distribution frequency

None

Last close

$24.88

Average volume

108.0

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 28, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 28, 2026.

Primary sources: Principal fund page; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

Who may consider PCOV — and who may not

It is a weaker fit for investors who need monthly cash flow (PCOV does not currently distribute); investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Principal.