PTRB

PGIM Total Return Bond ETF

$42.13

+0.00%

Market closed. Last update: 11:54 AM ET

📎 Investment Objective

The PGIM Total Return Bond ETF seeks to provide total return by investing primarily in a diversified portfolio of fixed-income securities.

Overview

ETF tracking PGIM Total Return Bond ETF

Category Fixed Income

Issuer Other

Inception Date 2021-12-08

Market Cap $549.8M

Average Volume N/A

Dividend Yield 3.84%

52-Week Range $40.50 - $42.69

VWAP $42.16

Performance

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Investment Summary

📎 Investment Objective

The PGIM Total Return Bond ETF seeks to provide total return by investing primarily in a diversified portfolio of fixed-income securities.

🎯 Investment Strategy

The fund invests in a broad range of fixed-income securities, including U.S. government and agency bonds, corporate bonds, mortgage-backed securities, and other debt instruments. The portfolio is actively managed to take advantage of opportunities across the fixed-income market.

✨ Key Features

Broad exposure to the U.S. fixed-income market
Actively managed portfolio to capitalize on market conditions
Potential for income generation and capital appreciation
Low expense ratio compared to many actively managed bond funds

⚠️ Primary Risks

Interest rate risk: The fund's value may decline when interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: Some fixed-income securities may be difficult to sell, especially during times of market stress
Reinvestment risk: When interest rates fall, the fund may have to reinvest coupon payments or proceeds from sales at lower rates

👤 Best For

The PGIM Total Return Bond ETF may be suitable for investors seeking broad exposure to the U.S. fixed-income market with the potential for income and moderate capital appreciation. It may be appropriate as a core fixed-income holding in a diversified portfolio.