PBLPGIM Portfolio Ballast ETF

Get income Diversifier3y track recordRanked #98 of 240 in this goal

Seeks long-term capital growth with reduced volatility compared to the equity market.

By PGIM · Launched 2022

Annual Cost

0.45%

#2,223 of 5,562 · average

Fund Size

$81M

#3,140 of 5,562 · mid-size

Dividend YieldGoal

2.06%

Track Record

3 years

#2,883 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,843+18.4%

Total-return NAV, USD. Net of fund fees, before tax.

Classification

How Beacon categorizes this fund

Asset class

Mixed asset

Region

North america

Strategy

Tactical allocation

What it actually holds

By weight

Concentration

Top 10 holdings = 91.0% of fundconcentrated

US TREASURY N/B

21.0%

X-CHANGE FINANCIAL ACCESS LLCSPY 10 C675

14.3%

US TREASURY N/B

12.8%

X-CHANGE FINANCIAL ACCESS LLCSPY 6 C545

9.9%

Vanguard Intermediate-Term Treasury ETF

8.6%

US TREASURY N/B

7.5%

(PIPA070) PGIM Core Government Money Market Fund

6.3%

TREASURY BILL

5.1%

Vanguard S&P 500 ETF

2.7%

iShares Core S&P 500 ETF

2.7%

Asset allocation

Bonds

54.3%

Stocks

29.9%

Cash

15.8%

By sector

Technology

38.3%

Financial Services

11.1%

Communication

10.9%

Consumer Cyclical

10.0%

Healthcare

8.4%

Industrials

7.9%

Consumer Defensive

4.6%

Energy

3.2%

Other

5.7%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

9.3%Low

Year-on-year price swings

Max drawdown

-11.7%Mild

Worst peak-to-trough loss

Sharpe (3Y)

1.04Strong risk-adjusted returns

Sortino (3Y)

1.51Good downside protection

Bond profile

Duration

3.9 years

Avg maturity

9.8 years

Credit ratings

US Government

54.3%

Where to buy

Listing

Exchange: Cboe BZX

Full fund details

Objective: Seeks long-term capital growth with reduced volatility compared to the equity market.
Strategy: Invests primarily in listed options on the S&P 500® Index and futures contracts, while holding U.S. Treasuries and cash equivalents for fixed income. Aims to participate in equity upside while limiting losses during downturns.
Inception date: December 12, 2022
Fund family: PGIM