PGIM Active Aggregate Bond ETF
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.6%
1 yr return
0.7%
3 Yr Avg Return
-3.2%
5 Yr Avg Return
N/A
Net Assets
$44.1 M
Holdings in Top 10
18.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover N/A
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 05/06/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PAB - Profile
Distributions
- YTD Total Return -1.6%
- 3 Yr Annualized Total Return -3.2%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio N/A
- Dividend Yield 4.4%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM Active Aggregate Bond ETF
-
Fund Family NamePrudential
-
Inception DateApr 12, 2021
-
Shares OutstandingN/A
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerLindsay Rosner
Fund Description
PAB - Performance
Return Ranking - Trailing
Period | PAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -50.1% | 6.9% | 96.34% |
1 Yr | 0.7% | -25.4% | 139.4% | 8.73% |
3 Yr | -3.2%* | -13.0% | 100.8% | N/A |
5 Yr | N/A* | -10.0% | 55.1% | N/A |
10 Yr | N/A* | -7.4% | 12.3% | N/A |
* Annualized
Return Ranking - Calendar
Period | PAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.4% | -75.2% | 1360.6% | N/A |
2022 | -16.5% | -14.5% | 1027.9% | N/A |
2021 | N/A | -9.6% | 118.7% | N/A |
2020 | N/A | -11.4% | 5.8% | N/A |
2019 | N/A | -49.5% | 12.4% | N/A |
Total Return Ranking - Trailing
Period | PAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.6% | -50.1% | 6.9% | 96.89% |
1 Yr | 0.7% | -25.4% | 139.4% | 8.64% |
3 Yr | -3.2%* | -13.0% | 100.8% | N/A |
5 Yr | N/A* | -10.0% | 55.1% | N/A |
10 Yr | N/A* | -7.4% | 13.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PAB Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.4% | -75.2% | 131.9% | N/A |
2022 | -14.2% | -14.5% | 1027.9% | N/A |
2021 | N/A | -9.6% | 118.7% | N/A |
2020 | N/A | -11.4% | 5.8% | N/A |
2019 | N/A | -7.0% | 12.4% | N/A |
PAB - Holdings
Concentration Analysis
PAB | Category Low | Category High | PAB % Rank | |
---|---|---|---|---|
Net Assets | 44.1 M | 1.19 M | 287 B | 94.22% |
Number of Holdings | 429 | 1 | 17234 | 68.66% |
Net Assets in Top 10 | 8.32 M | -106 M | 27.6 B | 91.58% |
Weighting of Top 10 | 18.55% | 3.7% | 100.0% | 21.90% |
Top 10 Holdings
- United States Treasury Note/Bond 3.05%
- Fannie Mae Pool 2.32%
- Ginnie Mae II Pool 1.97%
- United States Treasury Note/Bond 1.92%
- United States Treasury Note/Bond 1.78%
- Freddie Mac Pool 1.65%
- United States Treasury Note/Bond 1.61%
- Freddie Mac Pool 1.50%
- United States Treasury Note/Bond 1.42%
- United States Treasury Strip Coupon 1.34%
Asset Allocation
Weighting | Return Low | Return High | PAB % Rank | |
---|---|---|---|---|
Bonds | 93.17% | 3.97% | 268.18% | 50.45% |
Other | 4.82% | -13.23% | 23.06% | 52.72% |
Cash | 2.01% | -181.13% | 95.99% | 32.61% |
Stocks | 0.00% | -0.98% | 24.74% | 65.25% |
Preferred Stocks | 0.00% | 0.00% | 77.13% | 69.47% |
Convertible Bonds | 0.00% | 0.00% | 10.39% | 85.05% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PAB % Rank | |
---|---|---|---|---|
Cash & Equivalents | 0.47% | 0.00% | 95.99% | 52.08% |
Derivative | 0.09% | 0.00% | 25.16% | 67.75% |
Securitized | 0.00% | 0.00% | 98.79% | 28.89% |
Corporate | 0.00% | 0.00% | 100.00% | 71.47% |
Municipal | 0.00% | 0.00% | 100.00% | 57.97% |
Government | 0.00% | 0.00% | 86.23% | 29.53% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PAB % Rank | |
---|---|---|---|---|
US | 93.17% | 3.63% | 210.09% | 55.16% |
Non US | 0.00% | -6.54% | 58.09% | 44.57% |
PAB - Expenses
Operational Fees
PAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.19% | 0.01% | 2.93% | 94.04% |
Management Fee | 0.19% | 0.00% | 1.76% | 11.09% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
PAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PAB Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | N/A | 2.00% | 493.39% | 86.59% |
PAB - Distributions
Dividend Yield Analysis
PAB | Category Low | Category High | PAB % Rank | |
---|---|---|---|---|
Dividend Yield | 4.35% | 0.00% | 12.67% | 44.83% |
Dividend Distribution Analysis
PAB | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Annually | Monthly | Monthly |
Net Income Ratio Analysis
PAB | Category Low | Category High | PAB % Rank | |
---|---|---|---|---|
Net Income Ratio | N/A | -1.28% | 8.97% | 75.61% |
Capital Gain Distribution Analysis
PAB | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 07, 2024 | $0.149 | OrdinaryDividend |
Apr 05, 2024 | $0.151 | OrdinaryDividend |
Mar 07, 2024 | $0.140 | OrdinaryDividend |
Feb 07, 2024 | $0.150 | OrdinaryDividend |
Jan 03, 2024 | $0.065 | OrdinaryDividend |
Dec 07, 2023 | $0.145 | OrdinaryDividend |
Nov 07, 2023 | $0.147 | OrdinaryDividend |
Oct 06, 2023 | $0.139 | OrdinaryDividend |
Sep 08, 2023 | $0.145 | OrdinaryDividend |
Aug 07, 2023 | $0.143 | OrdinaryDividend |
Jul 10, 2023 | $0.134 | OrdinaryDividend |
Jun 07, 2023 | $0.139 | OrdinaryDividend |
May 05, 2023 | $0.130 | OrdinaryDividend |
Apr 10, 2023 | $0.136 | OrdinaryDividend |
Mar 07, 2023 | $0.122 | OrdinaryDividend |
Feb 07, 2023 | $0.126 | OrdinaryDividend |
Jan 04, 2023 | $0.100 | OrdinaryDividend |
Dec 07, 2022 | $0.119 | OrdinaryDividend |
Nov 07, 2022 | $0.113 | OrdinaryDividend |
Oct 07, 2022 | $0.103 | OrdinaryDividend |
Sep 08, 2022 | $0.108 | OrdinaryDividend |
Aug 05, 2022 | $0.107 | OrdinaryDividend |
Jul 08, 2022 | $0.101 | OrdinaryDividend |
Jun 07, 2022 | $0.107 | OrdinaryDividend |
May 06, 2022 | $0.092 | OrdinaryDividend |
Apr 07, 2022 | $0.088 | OrdinaryDividend |
Mar 07, 2022 | $0.075 | OrdinaryDividend |
Feb 07, 2022 | $0.055 | OrdinaryDividend |
Dec 07, 2021 | $0.074 | OrdinaryDividend |
Nov 05, 2021 | $0.076 | OrdinaryDividend |
Oct 07, 2021 | $0.073 | OrdinaryDividend |
Sep 08, 2021 | $0.080 | OrdinaryDividend |
Aug 06, 2021 | $0.072 | OrdinaryDividend |
Jul 08, 2021 | $0.055 | OrdinaryDividend |
Jun 07, 2021 | $0.102 | OrdinaryDividend |
PAB - Fund Manager Analysis
Managers
Lindsay Rosner
Start Date
Tenure
Tenure Rank
Apr 12, 2021
1.13
1.1%
Lindsay Rosner, CFA, is Vice President on the Multi-Sector Portfolio Management Team for PGIM Fixed Income. Her primary responsibilities are supporting our efforts in managing multi-sector portfolios across several mandates, including Core, Core Plus, and Core Conservative, both intermediate and long duration. Prior to joining the Firm in 2012, Ms. Rosner worked for Barclays Capital (and prior to that, Lehman Brothers) in New York City where she was a convertible bond trader, working with both hedge fund and traditional money management clients. Ms. Rosner is a graduate of Princeton University. She holds a BA from the Woodrow Wilson School of Public and International Affairs. Ms. Rosner holds the Chartered Financial Analyst (CFA) designation.
Stewart Wong
Start Date
Tenure
Tenure Rank
Apr 12, 2021
1.13
1.1%
Stewart Wong, CLU, ChFC, is a Principal on the Multi-Sector Portfolio Management team for PGIM Fixed Income. Mr. Wong is a senior portfolio manager on the Core Conservative mandate. Mr. Wong is also head of Agency Mortgage Backed Securities and is responsible for performance across all mandates including Core Conservative, Core, Core Plus, Mutual Funds, Liquidity Relative Value Strategies and Prudential’s proprietary accounts. Prior to assuming his current position in 1994, he developed proprietary fixed income analytics within the Financial Strategies Group. Mr. Wong joined the Firm in 1988. He received a BA in Computer Science from New York University and an MBA in Finance from Pace University. Mr. Wong holds the Chartered Life Underwriter (CLU) and Chartered Financial Consultant (ChFC) designations.
Richard Piccirillo
Start Date
Tenure
Tenure Rank
Apr 12, 2021
1.13
1.1%
Richard Piccirillo is a Principal and senior portfolio manager for PGIM Fixed Income’s Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. He is also a member of the Global Rates and Securitized Products Team focusing on CMBS. Mr. Piccirillo has specialized in mortgage-and asset- backed securities since joining Prudential Financial in 1993. Before joining Prudential Financial, Mr. Piccirillo was a fixed income analyst with Fischer Francis Trees & Watts. Mr. Piccirillo started his career as a financial analyst at Smith Barney. He received a BBA in Finance from George Washington University and an MBA in Finance and International Business from New York University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.43 | 6.76 | 1.16 |