PBLPGIM Portfolio Ballast ETF
Seeks long-term capital growth with reduced volatility compared to the equity market.
By PGIM · Launched 2022
Annual Cost
0.45%
#2,233 of 5,854 · average
Fund Size
$79M
#3,217 of 5,854 · mid-size
Dividend YieldGoal
2.07%
Track Record
3 years
#2,812 of 5,854 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,347+13.5%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 93.9% of fundconcentrated
United States Treasury Notes
21.6%
X-CHANGE FINANCIAL ACCESS LLCSPY 10 C675
14.1%
United States Treasury Notes
13.2%
(PIPA070) PGIM Core Government Money Market Fund
11.1%
Vanguard Scottsdale Funds
10.9%
United States Treasury Notes
7.7%
CBOE GLOBAL MARKETS, INC.SPY 1 C700
5.9%
United States Treasury Bills
4.0%
iShares Trust
2.8%
United States Treasury Notes
2.6%
Asset allocation
Bonds
57.0%
Stocks
29.7%
Cash
13.3%
By sector
Technology
38.0%
Financial Services
11.6%
Communication
10.0%
Consumer Cyclical
9.6%
Healthcare
9.0%
Industrials
8.4%
Consumer Defensive
4.6%
Energy
3.0%
Other
5.8%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
9.7%Low
Year-on-year price swings
Max drawdown
-11.8%Mild
Worst peak-to-trough loss
Sharpe (3Y)
0.89Decent risk-adjusted returns
Sortino (3Y)
1.28Good downside protection
Bond profile
Duration
3.9 years
Avg maturity
9.8 years
Credit ratings
US Government
57.0%
Listing
- Exchange
- Cboe BZX
Full fund details
- Objective
- Seeks long-term capital growth with reduced volatility compared to the equity market.
- Strategy
- Actively manages a portfolio to capture 60% of the S&P 500's performance in rising markets and 30% in declining markets, using a mix of U.S. Treasuries, options, and futures for downside protection and equity exposure. Engages in active trading to limit losses and preserve gains during market volatility.
- Inception date
- December 12, 2022
- Fund family
- PGIM
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Data updated on 2026-08-03