- What does PJFM invest in?
- The PGIM Jennison Focused Mid-Cap ETF (PJFM) aims to deliver sustained capital appreciation for investors over the long term. To achieve this, the fund allocates a minimum of 80% of its investable assets to stocks and other equity-related instruments issued by companies with a medium market capitalization. Its subadviser employs a dual strategy, integrating thorough fundamental research with a disciplined, systematic approach to portfolio construction. As an actively managed exchange-traded fund, PJFM differentiates itself by not attempting to mirror the performance of any specific market benchmark.
- What is the expense ratio of PJFM?
- PGIM Jennison Focused Mid-Cap ETF (PJFM) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is PJFM?
- PGIM Jennison Focused Mid-Cap ETF (PJFM) manages $20.2M 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 PJFM actively managed or an index fund?
- PJFM is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PJFM's is 0.49%) in exchange for the discretion to over- or under-weight positions.
- When was PJFM launched?
- PGIM Jennison Focused Mid-Cap ETF (PJFM) launched in December 2023 and is managed by PGIM.
- How has PJFM performed?
- PJFM'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.
