PTRB – PGIM Total Return Bond ETF – ETF Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The fund seeks to achieve its objective through a mix of current income and capital appreciation. The fund invests, under normal circumstances, at least 80% of its investable assets in bonds. The fund's sub-adviser allocates assets among different debt securities, including (but not limited to) U.S. government securities, mortgage-related and asset-backed securities (including collateralized debt obligations and collateralized loan obligations), corporate debt securities and foreign debt securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PTRB	PGIM Total Return Bond ETF	ETF	Open			Dec 2, 2021	$1.13B	0.490%	—	—	$591.82M

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