PAB

PGIM Active Aggregate Bond ETF

$42.41

+0.00%

Market closed. Last update: 2:14 AM ET

📎 Investment Objective

The PGIM Active Aggregate Bond ETF (PAB) seeks to provide current income and capital appreciation by actively managing a diversified portfolio of investment-grade fixed income securities.

Overview

ETF tracking PGIM Active Aggregate Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-04-15

Market Cap $99.7M

Average Volume N/A

Dividend Yield 3.67%

52-Week Range $41.36 - $43.41

VWAP $42.46

Performance

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Investment Summary

📎 Investment Objective

The PGIM Active Aggregate Bond ETF (PAB) seeks to provide current income and capital appreciation by actively managing a diversified portfolio of investment-grade fixed income securities.

🎯 Investment Strategy

The fund's portfolio managers use a combination of top-down and bottom-up analysis to identify attractive fixed income sectors and securities. They actively adjust the portfolio's duration, credit quality, and sector exposures in an effort to generate competitive risk-adjusted returns.

✨ Key Features

Actively managed fixed income ETF focused on investment-grade bonds
Flexible approach to adjust portfolio positioning based on market conditions
Aims to provide current income and capital appreciation
Low expense ratio of 0.00%

⚠️ Primary Risks

Interest rate risk: The fund's performance may be negatively impacted by rising interest rates
Credit risk: The fund is exposed to the risk of bond issuers defaulting on their obligations
Liquidity risk: Less liquid bonds may be difficult to sell, especially in stressed market conditions
Active management risk: The fund's performance depends on the skill of the portfolio managers

👤 Best For

The PGIM Active Aggregate Bond ETF may be suitable for investors seeking current income and moderate capital appreciation from a diversified portfolio of investment-grade fixed income securities. It may be appropriate as a core fixed income holding or as a complement to a broader investment portfolio.