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PGIM Active Aggregate Bond ETF
PAB (PGIM Active Aggregate Bond ETF) is an active Fixed Income ETF by PGIM. With a 0.19% MER, it provides diversified exposure through 11 holdings. Monthly distribution with a 4.24% yield.
PAB is actively managed by PGIM's investment team, which selects holdings with the goal of outperforming a benchmark index.
Its 0.19% MER makes it one of the most cost-effective options in its category. It pays a monthly distribution with a 4.24% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.