PAB

PGIM Active Aggregate Bond ETF
*Unless otherwise stated, data provided by FactSet.

PAB Fund Description

PAB is an actively managed fixed income fund that holds USD-denominated securities issued by both government and corporate entities. These securities must be investment grade and have maturities of more than one year.

PAB Factset Analytics Insight

PAB actively invests in a wide variety of fixed income securities such as debt obligations issued by the US government and its agencies, corporate debt, MBS and ABS. The fund seeks similar exposure to the Bloomberg US Aggregate Bond Index, but with the objective of providing a better risk/return profile, through a broader investment mandate. The fund’s management team uses a bottom-up research-driven security selection process, with a focus on industry and issuer credit research. PAB requires all holdings to be USD-denominated with a maturity of more than one year and an investment grade rating at the time of purchase. Up to 25% of the fund may be allocated to foreign issuers (including emerging markets) as long as their securities are in USD. The fund engages in active trading.

PERFORMANCE [as of 09/23/21] 1 MONTH 3 MONTHS YTD 1 YEAR 3 YEARS 5 YEARS 10 YEARS
PAB 0.23% 1.09% -- -- -- -- --
PAB (NAV) -0.49% 0.52% -- -- -- -- --
Bloomberg U.S. Aggregate Bond Index -0.39% 0.88% -0.99% -0.44% 5.61% 3.08% 3.03%
Bloomberg U.S. Aggregate Bond Index -0.39% 0.88% -0.99% -0.44% 5.61% 3.08% 3.03%
All returns over 1 year are annualized. All returns are total returns unless otherwise stated.

PAB Summary Data

Prudential
PGIM
04/15/21
Open-Ended Fund
0.19%
$26.86M
$155.97K
0.07%

PAB Portfolio Data

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N/A
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PAB Index Data

Proprietary
Proprietary
Bloomberg U.S. Aggregate Bond Index

PAB Portfolio Management

0.19%
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PAB Tax Exposures

20.00% / 39.60%
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Ordinary income
No

PAB Fund Structure

Open-Ended Fund
No
No
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N/A
N/A
Low
Daily

PAB Factset Analytics Block Liquidity

As of 09/24/21
5
4
3
2
1

This measurement shows how easy it is to trade a $1 million USD block of PAB. PAB is rated a N/A out of 5.

PAB Tradability

3,087
$155.97K
177
0
0.07%
$0.03
0.06%
0.23% / -0.11%
None
100.00%
25,000
0.01
0.16%
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0
$50.84
N/A

PAB Performance Statistics

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PAB Holdings Statistics

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PAB Avg Life Maturity Distribution

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PAB OAS Breakdown

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Options Strategies for Outcome Investing

A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.