PAB – PGIM Active Aggregate Bond ETF – ETF Investment Strategy | Morningstar

Morningstar

Strategy

The investment seeks total return, through a combination of current income and capital appreciation. The fund invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. It invests only in securities that are denominated in U.S. dollars. The fund may invest up to 25% of its investable assets in U.S. dollar-denominated fixed income securities issued by foreign issuers, including emerging markets. It invests in securities that are rated investment grade at the time of purchase.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PAB	PGIM Active Aggregate Bond ETF	ETF	Open			Apr 12, 2021	$95.42M	0.190%	—	—	$8.94M

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