PCI
PGIM Corporate Bond 5-10 Year ETF
📎 Investment Objective
The PGIM Corporate Bond 5-10 Year ETF (PCI) seeks to track the performance of an index composed of U.S. corporate bonds with maturities between 5 and 10 years.
Overview
ETF tracking PGIM Corporate Bond 5-10 Year ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The PGIM Corporate Bond 5-10 Year ETF (PCI) seeks to track the performance of an index composed of U.S. corporate bonds with maturities between 5 and 10 years.
🎯 Investment Strategy
The ETF employs a passive management approach, investing in a representative sample of bonds included in the underlying index. The fund aims to provide exposure to the U.S. corporate bond market with a focus on intermediate-term maturities.
✨ Key Features
- Targets U.S. corporate bonds with maturities between 5 and 10 years
- Passively managed to track the performance of the underlying index
- Low expense ratio of 0.00%
- Relatively low portfolio turnover to minimize trading costs
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline as interest rates rise
- Credit risk: The fund is exposed to the risk of default or downgrade of the underlying corporate bonds
- Liquidity risk: Reduced liquidity in the corporate bond market may impact the fund's ability to trade efficiently
- Tracking error risk: The fund may not perfectly track the performance of the underlying index
👤 Best For
This ETF may be suitable for investors seeking exposure to the U.S. corporate bond market with a focus on intermediate-term maturities. It may be appropriate as a core fixed income allocation within a diversified portfolio.
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