PGIM Floating Rate Income ETF (PFRL)
|Day's Range||49.24 - 49.49|
|Inception Date||May 17, 2022|
Under normal market conditions, the fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.
Top 10 Holdings46.08% of assets
|Dreyfus Government Cash Mgmt Instl||DGCXX||39.56%|
|JPMorgan Chase & Co. 4.6%||JPM V4.6 PERP HH||0.94%|
|Midocean Credit Clo Vii 2.08429%||MIDO 2017-7A A1R||0.89%|
|Chi Overhead 07/31/25 Term Loan||n/a||0.69%|
|Iri Hldgs Inc 12/01/25 Term Loan||n/a||0.68%|
|Leb Holdings Usa Inc 09/25/27 Term Loan||n/a||0.68%|
|American Airlines Inc 12/14/23 Term Loan||n/a||0.67%|
|Alpha 3 (Atotech) 03/17/28 Term Loan||n/a||0.66%|
|Ggp/Brookfield Retail 8/27/25 Term Loan||n/a||0.66%|
|Maxar Technologies Inc 06/08/29 Term Loan||n/a||0.65%|
PGIM Investments continues to build out its actively managed fixed income ETF lineup with the launch of the PGIM Floating Rate Income ETF (NYSE Arca: PFRL). The new ETF, which seeks to maximize current ...