PCOV - Principal Exchange-Traded Funds - Principal Equity Premium Income ETF
PCOV invests primarily in dividend-paying US and non-US companies, with an emphasis on value stocks that the adviser believes are undervalued. The fund uses a covered call strategy to generate additional income and seek to reduce volatility, with calls typically written about 30 days to expiration and 510% out of the money on up to 100% of an underlying position. The option strategy also limits the funds participation in gains above the strike prices of written calls.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $9.7M
- Beta
- 0.00
- 52-Week Range
- 23.78-25.23
- Dividend Yield
- $0.32
- IPO Date
- Aug 19, 2026
- Exchange
- CBOE
PCOV Options Snapshot
Options pricing data for PCOV is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The PCOV overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
PCOV fund facts: expense ratio 0.34%, assets under management $10.0M, NAV $23.98 as of the data source's update on Oct 8, 2026, 93 holdings in its latest file, launched Aug 18, 2026, issued by Principal Funds. See the PCOV holdings.
Frequently asked PCOV overview questions
- What is PCOV?
- PCOV is the ticker symbol for Principal Exchange-Traded Funds - Principal Equity Premium Income ETF, an listed exchange-traded fund. PCOV invests primarily in dividend-paying US and non-US companies, with an emphasis on value stocks that the adviser believes are undervalued. The fund uses a covered call strategy to generate additional income and seek to reduce volatility, with calls typically written about 30 days to expiration and 510% out of the money on up to 100% of an underlying position. Listed on CBOE. PCOV is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are PCOV's key statistics?
- Principal Exchange-Traded Funds - Principal Equity Premium Income ETF (PCOV) carries a market capitalization of $9.7M, 52-week range of 23.78-25.23. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does PCOV belong to?
- Principal Exchange-Traded Funds - Principal Equity Premium Income ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PCOV's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the PCOV data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for PCOV, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.