PGIM Floating Rate Income ETF (PFRL) is an exchange-traded fund in the Bank Loan category. It has $117.31M in assets, an expense ratio of 0.72% and a 7.30% dividend yield. Under normal market conditions, the fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.
Assets under management
$117.31M
Expense ratio
0.72%
Category
Bank Loan
Dividend yield
7.30%
NAV
$49.46
Fund family
PGIM
Exchange
NYSE
Top holdings
The largest positions PGIM Floating Rate Income ETF reports, by weight.