PGIM Investments is launching an actively managed fixed income exchange-traded fund (ETF) seeking total return through a combination of current income and capital appreciation.
The PGIM Active Aggregate Bond ETF will look to provide core fixed income exposure through a diversified portfolio of investment-grade bonds with an estimated total expense ratio of 0.19%.
It also includes investment restrictions on characteristics such as duration, quality and sectors.
Channels:Managers
Companies:PGIM Investments