PAB: PGIM Active Aggregate Bond ETF - MutualFunds.com
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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$51.11

-

0.00%

0.19%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$26.8 M

Holdings in Top 10

66.0%

52 WEEK LOW AND HIGH

$51.16
$49.98
$51.34

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

Investment Style

Intermediate Core Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$51.11

-

0.00%

0.19%

PAB - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PGIM Active Aggregate Bond ETF
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Apr 12, 2021
  • Shares Outstanding
    525000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Lindsay Rosner

Fund Description

The fund invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. It invests only in securities that are denominated in U.S. dollars. The fund may invest up to 25% of its investable assets in U.S. dollar-denominated fixed income securities issued by foreign issuers, including emerging markets. It invests in securities that are rated investment grade at the time of purchase.


PAB - Performance

Return Ranking - Trailing

Period PAB Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -83.6% 1374.8% N/A
1 Yr N/A -9.5% 15.9% N/A
3 Yr N/A* 0.1% 10.6% N/A
5 Yr N/A* 0.8% 7.9% N/A
10 Yr N/A* 0.9% 8.7% N/A

* Annualized

Return Ranking - Calendar

Period PAB Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -82.5% 1027.9% N/A
2019 N/A -20.8% 23.0% N/A
2018 N/A -11.4% 2.7% N/A
2017 N/A -49.5% 12.4% N/A
2016 N/A -49.3% 192.8% N/A

Total Return Ranking - Trailing

Period PAB Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -83.6% 1375.4% N/A
1 Yr N/A -12.2% 15.9% N/A
3 Yr N/A* -0.9% 10.6% N/A
5 Yr N/A* 0.7% 7.9% N/A
10 Yr N/A* 0.9% 8.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PAB Return Category Return Low Category Return High Rank in Category (%)
2020 N/A -82.5% 1027.9% N/A
2019 N/A -20.8% 23.0% N/A
2018 N/A -11.4% 3.9% N/A
2017 N/A -6.0% 12.4% N/A
2016 N/A -7.0% 204.3% N/A

PAB - Holdings

Concentration Analysis

PAB Category Low Category High PAB % Rank
Net Assets 26.8 M 3.23 M 318 B 96.47%
Number of Holdings 298 1 18612 77.39%
Net Assets in Top 10 14 M -1.01 B 45.4 B 90.43%
Weighting of Top 10 66.01% 4.0% 100.0% 11.33%

Top 10 Holdings

  1. Prudential Invt Portfolios 2 16.74%
  2. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  3. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  4. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  5. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  6. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  7. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  8. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  9. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%
  10. Future Contract On Us 5yr Note (Cbt) Sep21 10.22%

Asset Allocation

Weighting Return Low Return High PAB % Rank
Bonds
83.31% -48.07% 176.88% 95.08%
Other
16.74% -15.00% 16.74% 0.09%
Stocks
0.00% -0.23% 24.74% 73.11%
Preferred Stocks
0.00% 0.00% 84.24% 78.94%
Convertible Bonds
0.00% 0.00% 38.29% 95.53%
Cash
-0.04% -86.81% 162.28% 79.95%

Bond Sector Breakdown

Weighting Return Low Return High PAB % Rank
Government
39.75% 0.00% 80.01% 18.41%
Securitized
35.82% 0.00% 98.27% 26.71%
Corporate
24.03% 0.00% 100.00% 74.75%
Municipal
0.41% 0.00% 100.00% 50.32%
Derivative
0.00% 0.00% 22.07% 76.48%
Cash & Equivalents
0.00% 0.00% 100.00% 99.54%

Bond Geographic Breakdown

Weighting Return Low Return High PAB % Rank
US
73.38% -48.49% 245.19% 87.97%
Non US
9.93% -108.35% 39.51% 47.49%

PAB - Expenses

Operational Fees

PAB Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.19% 0.01% 2.91% 94.34%
Management Fee 0.19% 0.00% 0.95% 10.62%
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% 5.50% 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 6.00% 496.00% N/A

PAB - Distributions

Dividend Yield Analysis

PAB Category Low Category High PAB % Rank
Dividend Yield 0.00% 0.00% 3.20% 2.53%

Dividend Distribution Analysis

PAB Category Low Category High Category Mod
Dividend Distribution Frequency Annually Semi-Annually Monthly Monthly

Net Income Ratio Analysis

PAB Category Low Category High PAB % Rank
Net Income Ratio N/A -0.20% 8.97% N/A

Capital Gain Distribution Analysis

PAB Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Monthly Monthly

Dividend Payout History

View More +

PAB - Fund Manager Analysis

Managers

Lindsay Rosner


Start Date

Tenure

Tenure Rank

Apr 12, 2021

0.39

0.4%

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

0.39

0.4%

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

0.39

0.4%

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
0.04 32.68 6.65 0.42