PAB ETF Profile

Family:	PGIM Investments
Name:	PGIM Active Aggregate Bond ETF

Inception Date:	15-Apr-2021
Termination Date:
Investment Objective:	The Fund is an actively managed ETF. Under normal circumstances, the fund will invest at least 80% of the Funds investable assets in bonds. For purposes of this policy, bonds include all fixed income securities, including but not limited to debt obligations issued by the US government and its agencies, corporate debt securities, mortgage-related securities and asset-backed securities (including collateralized debt obligations and collateralized loan obligations). In pursuit of this policy, the Fund may invest a large percentage of its investable assets in securities included in the Bloomberg US Aggregate Bond Index (the Index). The Index invests in a wide spectrum of public, investment-grade, taxable, fixed income securities in the United States including government, corporate, and international US dollar-denominated bonds, as well as mortgage-backed and asset-backed securities, all with maturities of more than 1 year. The Fund is not sponsored by or affiliated with Bloomberg. 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.

Prospectus

Top 10 Holdings
	Top 10 Holdings Weight:

Number of Holdings:
Shares Outstanding:	1,450,000
Total Net Assets:	61,443,320
NAV:	42.38
Net Expense Ratio:	0.19%

Asset Class:	Bonds
Developed or Emerging:	Developed Market Funds
Country:	US
Region:
Strategy:
Currency:
Commodity:
Sector:
Industry:
Dividend Type:
Tax Exempt State:
Maturity Duration:	Fund Holds All Maturity Ranges
Market Cap:
Credit Quality:	Investment Grade Only
Mortgage Bond Types:
Bond Type:	Broad Market
Gov't Bond Types:
Reit Type:
Leverage Direction/Factor:
Is Currency Hedged:	No
US or Ex-US:	Domestic