PGIM Portfolio Ballast ETF
PBL
$28.55
-$0.0726-0.25%
Rating
Reward
Risk
Fund Information
Fund Type
ETF
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
Front End Fee
Back End Fee
Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
None
Top Holdings
There are no holdings to display.
Similar ETFs
Performance
Beta
--
7-Day Total Return
30-Day Total Return
60-Day Total Return
90-Day Total Return
Year to Date Total Return
1-Year Total Return
2-Year Total Return
3-Year Total Return
--
5-Year Total Return
--
Last Bull Market Total Return
Last Bear Market Total Return
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Forward Dividend Yield
Price
1-Month Low
1-Month High
52-Week Low
52-Week High
NAV
1-Month Low
1-Month High
52-Week Low
52-Week High
Beta / Standard Deviation
Beta
--
Standard Deviation
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Company Information
Provider
PGIM Investments
Manager/Tenure
(Years)
(Years)
Devang Gambhirwala (2), Edward J. Tostanoski (2), Lorne Johnson (0)
Website
Address
Prudential Investments
One Seaport Plaza
New York NY - 10292
One Seaport Plaza
New York NY - 10292
Country
United States
Phone Number
800-225-1852
Investment Strategy
The investment seeks to provide long-term capital growth with reduced volatility compared to the equity market. The fund seeks to participate in the upside returns of the stock market while limiting volatility and downside losses. The fund will generally not invest directly in equity securities. Instead, the fund will seek to gain exposure to the stock market through listed options on the S&P 500® Index (SPX) or SPDR® S&P 500 ETF (SPY), and through S&P 500® Index futures contracts, while simultaneously holding investments in U.S. Treasuries, U.S. Treasury futures contracts, and cash and cash equivalents to provide fixed income exposure. It is non-diversified.