PBL

PGIM Portfolio Ballast ETF

$31.29
+0.00%
Market closed. Last update: 11:45 PM ET

📎 Investment Objective

The PGIM Portfolio Ballast ETF (PBL) seeks to provide a diversified portfolio that aims to generate stable returns and mitigate overall portfolio risk.

Overview

ETF tracking PGIM Portfolio Ballast ETF

Category Other
Issuer Other
Inception Date 2022-12-14
Market Cap $71.3M
Average Volume N/A
Dividend Yield 6.19%
52-Week Range $25.70 - $31.86
VWAP $31.19

Performance

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Investment Summary

📎 Investment Objective

The PGIM Portfolio Ballast ETF (PBL) seeks to provide a diversified portfolio that aims to generate stable returns and mitigate overall portfolio risk.

🎯 Investment Strategy

The ETF invests in a mix of asset classes, including equities, fixed income, and alternative investments, with the goal of creating a well-balanced portfolio. The fund's asset allocation is actively managed to adapt to changing market conditions.

✨ Key Features

  • Diversified multi-asset portfolio aiming for stable returns
  • Active asset allocation to manage risk and respond to market changes
  • Exposure to a range of asset classes, including stocks, bonds, and alternatives
  • Low expense ratio of 0.00%

⚠️ Primary Risks

  • Market risk: The value of the ETF's holdings may fluctuate due to general market conditions
  • Asset allocation risk: The fund's performance depends on the success of its asset allocation strategy
  • Liquidity risk: Some of the ETF's investments may be less liquid, which could impact the fund's ability to sell positions
  • Concentration risk: The fund may have significant exposure to a particular asset class or sector

👤 Best For

The PGIM Portfolio Ballast ETF may be suitable for investors seeking a diversified, risk-managed investment solution as part of a broader portfolio. It may be particularly appealing to those with a moderate risk tolerance who are looking for stable returns and lower volatility compared to a traditional equity-focused portfolio.