PGIM Jennison Better Future ETF

Frequently Asked Questions About PJBF

What does PJBF invest in?

This fund's primary objective is to achieve substantial capital appreciation over the long term. Typically, the fund allocates a minimum of 80% of its available assets to stocks and other equity-related instruments. These investments target companies that are, at the time of acquisition, actively addressing or are projected to address pressing social and environmental challenges. This selection process is guided by one or more of the United Nations Sustainable Development Goals, utilizing the subadviser's proprietary research and portfolio development framework. Adopting a growth-oriented investment style, the fund generally concentrates its holdings within a limited number of issuers. As an actively managed exchange-traded fund, it does not aim to track or replicate the performance of any specific market index.

What is the expense ratio of PJBF?

PGIM Jennison Better Future ETF (PJBF) charges an expense ratio of 0.59%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PJBF?

PGIM Jennison Better Future ETF (PJBF) manages $11.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PJBF actively managed or an index fund?

PJBF is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PJBF's is 0.59%) in exchange for the discretion to over- or under-weight positions.

When was PJBF launched?

PGIM Jennison Better Future ETF (PJBF) launched in December 2023 and is managed by PGIM.

How has PJBF performed?

PJBF's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.