PGIM Corporate Bond 5-10 Year ETF

Frequently Asked Questions About PCI

What does PCI invest in?

This ETF strives for comprehensive gains, aiming to deliver both ongoing income and growth in the value of its investments. It achieves this by allocating at least four-fifths of its holdings to debt instruments issued by corporations. The fund is ideally suited for individuals who prioritize generating a steady income stream from the interest payments and yields characteristic of corporate bonds.

What is the expense ratio of PCI?

PGIM Corporate Bond 5-10 Year ETF (PCI) charges an expense ratio of 0.25%. This is the annual fee deducted from fund assets to cover management and operations.

What is PCI's dividend yield?

PCI's trailing-twelve-month yield is 5.13%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PCI?

Effective duration measures PCI's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PCI's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PCI?

PCI's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PCI?

Yield to maturity (YTM) is the total return you'd earn from PCI if every bond in the portfolio is held to maturity at the current price. PCI's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.