Key stats
About PGIM Portfolio Ballast ETF
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Inception date
Dec 12, 2022
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
PGIM Investments LLC
Distributor
Prudential Investment Management Services LLC
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.
Related funds
Classification
What's in the fund
Exposure type
Government
Rights & Warrants
Cash
Bonds, Cash & Other100.00%
Government56.50%
Rights & Warrants23.07%
Cash19.52%
ETF0.91%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PBL trades at 29.18 USD today, its price has risen 0.23% in the past 24 hours. Track more dynamics on PBL price chart.
PBL net asset value is 29.22 today — it's risen 4.10% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PBL assets under management is 62.00 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PBL price has risen by 3.10% over the last month, and its yearly performance shows a 2.56% increase. See more dynamics on PBL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.10% over the last month, showed a 6.70% increase in three-month performance and has increased by 2.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.10% over the last month, showed a 6.70% increase in three-month performance and has increased by 2.61% in a year.
PBL fund flows account for 15.47 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PBL invests in bonds. See more details in our Analysis section.
PBL expense ratio is 0.45%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PBL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PBL technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PBL shows the buy signal. See more of PBL technicals for a more comprehensive analysis.
Today, PBL technical analysis shows the buy rating and its 1-week rating is strong buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PBL shows the buy signal. See more of PBL technicals for a more comprehensive analysis.
Yes, PBL pays dividends to its holders with the dividend yield of 2.07%.
PBL trades at a premium (0.15%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PBL shares are issued by Prudential Financial, Inc.
PBL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 12, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.