ETF overview
The PGIM Floating Rate Income ETF (PFRL) is primarily designed to generate a significant stream of current income, with a secondary goal of increasing the initial investment's value over time. It achieves these objectives by predominantly allocating its assets to senior floating rate loans. This fund may be an attractive option for investors aiming to broaden their portfolio's diversification beyond conventional fixed-income securities.
Fund facts
- Expense ratio
- 0.72%
- Fund assets
- 131.67M USD (all share classes)
- Issuer
- PGIM
- Inception date
- May 17, 2022
- Number of holdings
- 426
Breakdown
Holdings (426)
| Name | Ticker | Weight |
|---|---|---|
| (PIPA070) PGIM Core Government Money Market Fund | 5.22% | |
| GOLDMAN SACHS GROUP INC/THE | 1.53% | |
| ROYAL BANK OF CANADA | 1.37% | |
| PGIM ACTIVE HIGH YIELD BOND ETF | PHYL | 1.27% |
| BANK OF NOVA SCOTIA/THE | 1.02% | |
| ASURION LLC | 0.88% | |
| GGP RETAIL LLC | 0.87% | |
| JPMORGAN CHASE & CO | 0.86% | |
| CIFC FUNDING 2022-V LTD | 0.76% | |
| CARVAL CLO VI-C LTD | 0.76% | |
| and 413 more | ||
Historical returns do not guarantee future returns. This is not investment advice.
- Expense ratio
- 0.72%
- Fund assets
- 131.67M USD (all share classes)
- Issuer
- PGIM
- Inception date
- May 17, 2022
- Number of holdings
- 426
| Name | Ticker | Weight |
|---|---|---|
| (PIPA070) PGIM Core Government Money Market Fund | 5.22% | |
| GOLDMAN SACHS GROUP INC/THE | 1.53% | |
| ROYAL BANK OF CANADA | 1.37% | |
| PGIM ACTIVE HIGH YIELD BOND ETF | PHYL | 1.27% |
| BANK OF NOVA SCOTIA/THE | 1.02% | |
| ASURION LLC | 0.88% | |
| GGP RETAIL LLC | 0.87% | |
| JPMORGAN CHASE & CO | 0.86% | |
| CIFC FUNDING 2022-V LTD | 0.76% | |
| CARVAL CLO VI-C LTD | 0.76% | |
| and 413 more | ||
The PGIM Floating Rate Income ETF (PFRL) is primarily designed to generate a significant stream of current income, with a secondary goal of increasing the initial investment's value over time. It achieves these objectives by predominantly allocating its assets to senior floating rate loans. This fund may be an attractive option for investors aiming to broaden their portfolio's diversification beyond conventional fixed-income securities.
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