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%
#2,319 of 6,040 · average
Fund Size
$80M
#3,293 of 6,040 · mid-size
Return (1Y)
+11.0%
Track Record
3 years
#2,826 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$11,100+11.0%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundHoldings
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
50.5%
Stocks
30.6%
Cash
18.9%
By sector
Technology
38.4%
Financial Services
12.1%
Communication
9.6%
Consumer Cyclical
9.4%
Healthcare
9.3%
Industrials
7.8%
Consumer Defensive
4.5%
Energy
3.4%
Other
5.5%
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)
0.93Decent risk-adjusted returns
Sortino (3Y)
1.35Good downside protection
Bond profile
Duration
3.8 years
Avg maturity
9.7 years
Credit ratings
US Government
50.5%
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
Similar funds
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Data updated on 2026-09-18