PGIM Floating Rate Income ETF (PFRL)
PFRL is an actively managed ETF by PGIM. PFRL launched on May 17, 2022 and has a 0.72% expense ratio.
ETF Info
| ISIN | US69344A8835 |
|---|---|
| Issuer | PGIM |
| Inception Date | May 17, 2022 |
| Region | Global (Broad) |
| Category | Bank Loan |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Bond |
Expense Ratio
PFRL features an expense ratio of 0.72%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PFRL vs. XHYT, PFRL vs. IGHG, PFRL vs. HYGH, PFRL vs. HIGH, PFRL vs. HYBL, PFRL vs. BIZD, PFRL vs. JEPQ, PFRL vs. HIPS, PFRL vs. CLOZ, PFRL vs. JAAA
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Floating Rate Income 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 Floating Rate Income ETF had a return of 8.38% year-to-date (YTD) and 11.45% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.38% | 25.82% |
| 1 month | 0.84% | 3.20% |
| 6 months | 4.38% | 14.94% |
| 1 year | 11.45% | 35.92% |
| 5 years (annualized) | N/A | 14.22% |
| 10 years (annualized) | N/A | 11.43% |
Monthly Returns
The table below presents the monthly returns of PFRL, 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 | 1.02% | 1.05% | 1.07% | 0.01% | 1.09% | 0.15% | 0.91% | 0.79% | 0.64% | 0.78% | 8.38% | ||
| 2023 | 3.09% | 0.66% | -0.54% | 1.00% | 0.06% | 2.33% | 1.58% | 0.99% | 0.22% | -0.33% | 2.03% | 1.94% | 13.75% |
| 2022 | 0.22% | -1.93% | 1.79% | 1.06% | -2.39% | 0.80% | 1.87% | -0.06% | 1.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PFRL is 99, placing it in the top 1% 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 Floating Rate Income ETF (PFRL) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Floating Rate Income ETF provided a 9.32% dividend yield over the last twelve months, with an annual payout of $4.72 per share.
| Period | TTM | 2023 | 2022 |
|---|---|---|---|
| Dividend | $4.72 | $4.95 | $1.73 |
Dividend yield | 9.32% | 9.84% | 3.55% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Floating Rate Income 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 | $0.42 | $0.41 | $0.35 | $0.37 | $0.37 | $0.33 | $0.35 | $0.37 | $0.34 | $0.34 | $3.65 | |
| 2023 | $0.00 | $0.35 | $0.36 | $0.34 | $0.36 | $0.37 | $0.40 | $0.34 | $0.43 | $0.43 | $0.50 | $1.07 | $4.95 |
| 2022 | $0.11 | $0.22 | $0.24 | $0.26 | $0.26 | $0.65 | $1.73 |
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 Floating Rate Income 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 Floating Rate Income ETF was 3.27%, occurring on Sep 30, 2022. Recovery took 67 trading sessions.
The current PGIM Floating Rate Income ETF drawdown is 0.09%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -3.27% | Aug 15, 2022 | 34 | Sep 30, 2022 | 67 | Jan 6, 2023 | 101 |
| -3.16% | Jun 9, 2022 | 17 | Jul 5, 2022 | 23 | Aug 5, 2022 | 40 |
| -2.22% | Mar 9, 2023 | 7 | Mar 17, 2023 | 23 | Apr 20, 2023 | 30 |
| -1.19% | Sep 20, 2023 | 12 | Oct 5, 2023 | 26 | Nov 10, 2023 | 38 |
| -1.03% | Jul 29, 2024 | 6 | Aug 5, 2024 | 10 | Aug 19, 2024 | 16 |
Volatility
Volatility Chart
The current PGIM Floating Rate Income ETF volatility is 0.49%, 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.