PGIM Jennison International Opportunities ETF

Frequently Asked Questions About PJIO

What does PJIO invest in?

The Fund's primary objective is to achieve long-term capital appreciation for its investors. Under typical market conditions, it allocates a significant portion of its net assets to equity and equity-linked securities issued by international companies, spanning various countries outside the United States. This includes firms located in developing and frontier economies, as designated by the subadviser in accordance with MSCI classifications. The investment decisions are guided by the subadviser's methodology, which blends comprehensive fundamental research with a methodical approach to portfolio construction. As an actively managed exchange-traded fund, it does not endeavor to mirror the performance of any particular market index.

What is the expense ratio of PJIO?

PGIM Jennison International Opportunities ETF (PJIO) charges an expense ratio of 0.90%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PJIO?

PGIM Jennison International Opportunities ETF (PJIO) manages $31.6M 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 PJIO actively managed or an index fund?

PJIO is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PJIO's is 0.90%) in exchange for the discretion to over- or under-weight positions.

When was PJIO launched?

PGIM Jennison International Opportunities ETF (PJIO) launched in December 2023 and is managed by PGIM.

How has PJIO performed?

PJIO'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.