PTRB

Fund Description
The Fund seeks to achieve its objective through a mix of current income and capital appreciation as determined by the Funds subadviser. The Fund invests, under normal circumstances, at least 80% of its investable assets in bonds. For purposes of this policy, bonds include all fixed income securities, other than preferred stock, with a maturity at date of issue of greater than one year (including bonds acquired by the Fund with a maturity at date of issue of greater than one year, but a remaining maturity of one year or less). The term investable assets refers to the Funds net assets plus any borrowings for investment purposes. The Funds investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund is an actively managed exchange-traded fund (ETF) and, thus, does not seek to replicate the performance of a specified index. The Funds subadviser allocates assets among different debt securities, including (but not limited to) U.S. Government securities, mortgage-related and asset-backed securities (including collateralized debt obligations and collateralized loan obligations), corporate debt securities and foreign debt securities. The Fund may invest up to 30% of its investable assets in speculative, high risk, below investment-grade securities. These securities are also known as high-yield debt securities or junk bonds. The Fund may invest up to 30% of its investable assets in foreign debt securities, including emerging market debt securities.
Fund Profile
Fund Name PGIM Total Return Bond ETF
Fund Exchange Ticker PTRB
Fund Sponsor PGIM Investments
Fund ISIN US69344A8009
Net Expense Ratio 0.49 %
Fund Inception Date 2 December 2021
Fund Legal Structure ETF (Open end fund)
Exchange NYSE Arca
Listing Country Code US
Fund Investment Objective
ETF Type Specific Bonds - Broad Market
Asset Class Bonds
Index Linked Active
Index Name Not Applicable
Index Provider Not Applicable
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Funds Combining Developed & Emerging Exposure
Bond Type Broad Market
Credit Quality Fund Holds Both Investment Grade & High Yield
Average Maturity Fund Holds All Maturity Ranges
Bond Currency Denomination Multiple Currencies
Key Statistics
Return As of Date 28 June 2022
Asset Under Management 85.58 Million (USD)
1 Month Total Return -4.22 %
Year To Date Return -13.52 %
1 Year Total Return
3 Year Annualized Total Return
NAV 42.79
Share Outstanding 2,000,000
Top 10 Holdings (28 June 2022)
Constituent Name Constituent Ticker Constituent Type Weighting
US TREASURY N/B BOND 0.0706480778
DREYFUS GOVT CASH MGMT-I DGCXX MUTU 0.0635541868
CURRENCY CONTRACT - USD BOND 0.0390774460
CURRENCY CONTRACT - USD BOND 0.0383506853
CURRENCY CONTRACT - EUR BOND 0.0382827937
US TREASURY N/ 1.25 12/26 BOND 0.0334929348
US TREASURY N/ 2.375 2/42 BOND 0.0324574845
US TREASURY N/ 0.375 1/26 BOND 0.0287177492
US TREASURY N/B BOND 0.0257859157
FNCL 3.5 7/08 BOND 0.0250733509