PGIM Portfolio Ballast ETF (PBL)
PBL is an actively managed ETF by PGIM. PBL launched on Dec 12, 2022 and has a 0.45% expense ratio.
ETF Info
| ISIN | US69344A8595 |
|---|---|
| Issuer | PGIM |
| Inception Date | Dec 12, 2022 |
| Category | Diversified Portfolio |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
PBL features an expense ratio of 0.45%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Portfolio Ballast ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PGIM Portfolio Ballast ETF had a return of 13.25% year-to-date (YTD) and 19.40% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 13.25% | 17.79% |
| 1 month | 0.40% | 0.18% |
| 6 months | 6.29% | 7.53% |
| 1 year | 19.40% | 26.42% |
| 5 years (annualized) | N/A | 13.48% |
| 10 years (annualized) | N/A | 10.85% |
Monthly Returns
The table below presents the monthly returns of PBL, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.97% | 3.39% | 2.65% | -3.49% | 3.51% | 3.16% | 0.93% | 1.65% | 13.25% | ||||
| 2023 | 2.93% | -1.38% | 1.96% | 0.99% | 0.20% | 3.87% | 2.59% | -1.63% | -3.53% | -1.86% | 6.08% | 3.65% | 14.28% |
| 2022 | -3.52% | -3.52% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PBL is 82, placing it in the top 18% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Portfolio Ballast ETF (PBL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Portfolio Ballast ETF granted a 6.99% dividend yield in the last twelve months. The annual payout for that period amounted to $2.04 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $2.04 | $2.04 | $0.04 |
Dividend yield | 6.99% | 7.92% | 0.16% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Portfolio Ballast ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.04 | $2.04 |
| 2022 | $0.04 | $0.04 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Portfolio Ballast ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Portfolio Ballast ETF was 7.88%, occurring on Oct 27, 2023. Recovery took 31 trading sessions.
The current PGIM Portfolio Ballast ETF drawdown is 0.37%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -7.88% | Aug 2, 2023 | 62 | Oct 27, 2023 | 31 | Dec 12, 2023 | 93 |
| -5.69% | Jul 17, 2024 | 14 | Aug 5, 2024 | — | — | — |
| -4.95% | Feb 3, 2023 | 25 | Mar 10, 2023 | 50 | May 22, 2023 | 75 |
| -4.23% | Apr 1, 2024 | 15 | Apr 19, 2024 | 18 | May 15, 2024 | 33 |
| -4.18% | Dec 15, 2022 | 9 | Dec 28, 2022 | 23 | Feb 1, 2023 | 32 |
Volatility
Volatility Chart
The current PGIM Portfolio Ballast ETF volatility is 2.77%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.