PGIM Floating Rate Income ETF (PFRL)
50.62
+0.04
(+0.08%)
USD |
NYSEARCA |
May 13, 16:00
50.62
0.00 (0.00%)
After-Hours: 18:28
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.72% | 0.03% | 64.47M | 10797.97 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 10.01% | 182.0% | 7.845M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to maximize current income; the secondary objective is to seek capital appreciation when consistent with primary objective. Under normal market conditions, the fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | PGIM Investments |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Brian Juliano | 1.96 yrs |
| Ian Johnston | 1.96 yrs |
| Parag Pandya | 1.96 yrs |
| Robert Cignarella | 1.96 yrs |
| Robert Meyer | 1.96 yrs |
Performance Versus Category
As of May 10, 2024. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of May 10, 2024.
Basic Info
| Investment Strategy | |
| The investment seeks to maximize current income; the secondary objective is to seek capital appreciation when consistent with primary objective. Under normal market conditions, the fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | Small Cap/Value |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Bank Loan |
| Category Index | Morningstar LSTA US LL TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Income |
| Fund Owner Firm Name | PGIM Investments |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| Brian Juliano | 1.96 yrs |
| Ian Johnston | 1.96 yrs |
| Parag Pandya | 1.96 yrs |
| Robert Cignarella | 1.96 yrs |
| Robert Meyer | 1.96 yrs |