PBL PGIM ETF Trust - PGIM Portfolio Ballast ETF
Quote as of Oct 23, 2026 19:31 UTC · Quotes are refreshed hourly from the data provider, so during market hours a price can be up to about 1–2 hours old; each quote shows its own timestamp.
| Previous Close | 33.51 | Day Range | 33.43 – 33.52 |
| 52-Week Range | 29.56 – 34.37 | Volume | 651 |
| Avg Volume | 5.68K | AUM | $71.3M (Oct 26, 2026) |
| Expense Ratio | 0.45% | Yield (TTM) | 2.04% |
| NAV | 33.64 | Premium/Discount | -0.36% indicative |
| Inception | Dec 12, 2022 | Holdings | 15 |
| Issuer | PGIM | Exchange | CBOE |
| Category | Global | Index Tracked | S&P 500 |
| CUSIP | 69344A859 | ISIN | US69344A8595 |
| Management | Not stated in source data | ||
About this ETF
PBL aims, on average, to capture 60% of the performance of the S&P 500 during appreciating equity markets and 30% of the performance in declining equity markets. The fund does not directly invest in equity securities. The fund holds various derivative positions, such as listed and FLEX options, futures, and swaps on the S&P 500 Index, related ETFs, and US Treasuries to provide the desired exposure. The funds advisor relies on their own internal research in evaluating the relative attractiveness of equities versus fixed income to position the portfolio. Performance return of the fund will be based on the strategic positioning and active management of the underlying derivatives. As such, the fund will engage in active trading, especially during times of increased volatility. The strategy has been available in a mutual fund wrapper from the issuer for some time.
Description from the fund data provider · profile as of Oct 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | -0.56% | +1.61% | +4.69% | +8.28% | +6.90% | +9.50% | — | — | +91.64% |
| Total return | -0.56% | +1.61% | +4.69% | +8.28% | +9.24% | +15.63% | — | — | +91.64% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Oct 23, 2026. Past performance does not guarantee future results.
Fees
| Net expense ratio | 0.45% | Annual cost of a $10,000 investment | $45.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Holdings list retrieved Oct 23, 2026 · The data provider's latest disclosed portfolio for this fund. Issuers publish holdings daily or monthly, so the portfolio date can be earlier; holdings are not live positions. 15 holdings stored.
| # | Holding | Ticker | Weight | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | UNITED STATES TREASURY NOTE/BOND | — | 22.17% | 16.67M | $15.8M |
| 2 | 4SPY US 10/25/30 C675 | — | 21.21% | 635 | $15.1M |
| 3 | UNITED STATES TREASURY NOTE/BOND | — | 19.32% | 14.02M | $13.8M |
| 4 | 4SPY US 01/31/31 C700 | — | 9.04% | 280 | $6.5M |
| 5 | VANGUARD INTERMEDIATE-TERM TREASURY ETF | VGIT | 8.28% | 102.82K | $5.9M |
| 6 | UNITED STATES TREASURY NOTE/BOND | — | 7.13% | 5.08M | $5.1M |
| 7 | UNITED STATES TREASURY NOTE/BOND | — | 4.84% | 3.70M | $3.4M |
| 8 | (PIPA070) PGIM Core Government Money Market Fund | — | 3.66% | 2.61M | $2.6M |
| 9 | UNITED STATES TREASURY BILL | — | 1.51% | 1.10M | $1.1M |
| 10 | UNITED STATES TREASURY BILL | — | 1.48% | 1.10M | $1.1M |
| 11 | VANGUARD S&P 500 ETF | VOO | 0.55% | 562 | $394.7K |
| 12 | Net Current Assets | — | 0.52% | 369.28K | $369.3K |
| 13 | US Dollar | — | 0.14% | 102.38K | $102.4K |
| 14 | S&P500 EMINI FUT DEC26 | — | 0.13% | -32 | $92.4K |
| 15 | UNITS | — | 0.00% | 2.12M | $0.00 |
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Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | 2.04% | Paid (last 12 months) | $0.6840 |
| Frequency | Annual | SEC yield | Not provided by our data source; see the issuer page |
| Last ex-date | Dec 30, 2025 | Last payment | $0.6840 (Jan 02, 2026) |
| Growth 1Y | -64.71% | Growth 3Y / 5Y (ann.) | — / — |
| Ex-date | Record | Pay date | Amount |
|---|---|---|---|
| Dec 30, 2025 | Dec 30, 2025 | Jan 02, 2026 | $0.6840 |
| Dec 27, 2024 | Dec 27, 2024 | Jan 03, 2025 | $1.9380 |
| Dec 27, 2023 | Dec 28, 2023 | Jan 03, 2024 | $2.0360 |
| Dec 28, 2022 | Dec 29, 2022 | Jan 04, 2023 | $0.0380 |
Trailing distribution yield = last 12 months of cash ÷ current price. It is NOT the SEC 30-day yield and distributions are not guaranteed to continue. The difference explained →
Risk Statistics
| Volatility 1Y / 3Y | 9.63% / 10.09% | Sharpe 1Y / 3Y | 0.477 / 1.23 |
| Max drawdown 1Y / 3Y | -5.83% / -11.66% | Sortino 1Y | 0.696 |
| Beta vs S&P 500 (3Y) | 0.624 | Correlation vs S&P 500 (1Y) | 0.93 |
| Downside deviation 1Y | 6.60% | Risk-free rate used | 4.04% (3M T-bill, FRED) |
Computed by ETF Explorer from daily dividend-adjusted closes; volatility and drawdown are annualized/period figures; S&P 500 exposure proxied by SPY. As of Oct 26, 2026. Formulas →
Liquidity
| Volume today | 651 | Average volume | 5.68K |
| AUM | $71.3M | Premium/Discount | -0.36% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV: an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Fund Flows (estimated)
| Period | Est. net flow | % of starting AUM | AUM start → end |
|---|---|---|---|
| 1 Week | -$421.5K | -0.59% | $71.6M → $71.3M |
| 1 Month | -$6.3M | -8.05% | $78.2M → $71.3M |
ETF Explorer estimate: change in reported AUM minus the market-move effect, from our own daily snapshots. Not official issuer creation/redemption data.
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source; review them before investing.
Latest News for PBL
No articles mention this fund directly in the last 7 days; showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.