PGIM Active Aggregate Bond ETF (PAB)
ARCA ARCA Primary Summary
PAB Chart
PGIM Active Aggregate Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| CCA Coign Capital Advisors LLC Coign Capital Advisors LLC | 180,682 | $7.75M | $7.59M | -$161,047.64 | -2.08% |
PGIM Active Aggregate Bond ETF (PAB) FAQ
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PGIM Active Aggregate Bond ETF Profile
| ARCA Exchange | US Country |
Overview
The described fund focuses primarily on investing in bonds, dedicating at least 80% of its investable assets towards this endeavor. Its investment strategy is centered on securities denominated in U.S. dollars, showcasing a preference for stability and mitigating currency risk. Despite its primary focus on the U.S. market, the fund allows for a degree of global diversification by allocating up to 25% of its assets in U.S. dollar-denominated fixed income securities issued by foreign entities, including those from emerging markets. This strategy underlines the fund's pursuit of investment-grade securities, ensuring a cautious approach towards credit risk by investing exclusively in instruments rated as investment grade at the time of purchase.
Products and Services
- U.S. Dollar-Denominated Bond Investments
The bulk of the fund's portfolio is directed towards bonds denominated in U.S. dollars. This strategy is designed to minimize currency risk and capitalize on the stability and liquidity of the U.S. bond market. By focusing on U.S. dollar-denominated assets, the fund seeks to offer investors a reliable source of income and capital preservation.
- Investment in U.S. Dollar-Denominated Fixed Income Securities Issued by Foreign Issuers
Up to 25% of the fund's assets may be allocated to fixed income securities issued by foreign issuers but denominated in U.S. dollars. This component of the portfolio aims to enhance returns through diversification without exposing investors to foreign currency risk. Including securities from emerging markets, the fund seeks investment opportunities globally, albeit with a cautious approach towards credit quality and market stability.
- Investment Grade Securities
Commitment to investment-grade securities is central to the fund's investment philosophy. By insisting on securities rated as investment grade at the time of purchase, the fund prioritizes the credit quality of its investments. This approach is indicative of a risk-averse investment strategy, aimed at preserving capital while seeking steady income.
