PMIO – PGIM Municipal Income Opportunities ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks seek total return through a combination of current income that is exempt from federal income taxes and capital appreciation. Under normal circumstances, the fund invests at least 80% of its investable assets in municipal obligations whose income is exempt from federal income taxes. For purposes of this policy, such municipal obligations include zero coupon bonds, variable rate demand obligations, short term municipal notes, tax-exempt commercial paper, municipal lease obligations etc.

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
PMIO	PGIM Municipal Income Opportunities ETF	ETF	Open	—		Jun 14, 2024	$53.60M	0.250%	—	—	$26.69M

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