20 April 2021

PGIM Investments opens new line of active bond ETFs

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