PCL
PGIM Corporate Bond 10+ Year ETF
📎 Investment Objective
The PGIM Corporate Bond 10+ Year ETF (PCL) seeks to track the performance of a market-weighted index of U.S. corporate bonds with maturities of 10 years or more.
Overview
ETF tracking PGIM Corporate Bond 10+ Year ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The PGIM Corporate Bond 10+ Year ETF (PCL) seeks to track the performance of a market-weighted index of U.S. corporate bonds with maturities of 10 years or more.
🎯 Investment Strategy
The ETF employs a passive, index-based approach, investing in a representative sample of the index constituents to closely match the overall risk and return characteristics of the target index. The fund focuses on investment-grade corporate bonds with long-term maturities.
✨ Key Features
- Exposure to the long-term U.S. corporate bond market
- Passively managed to track a market-weighted index
- Low expense ratio of 0.00%
- Suitable for investors seeking broad exposure to the long-term corporate bond segment
⚠️ Primary Risks
- Interest rate risk: The fund's value may decline as interest rates rise
- Credit risk: The risk of default or downgrade by the bond issuers
- Liquidity risk: Potential difficulty in buying or selling the fund's holdings
- Tracking error risk: The fund may not perfectly track its underlying index
👤 Best For
This ETF may be suitable for investors seeking long-term exposure to the U.S. corporate bond market as part of a diversified fixed-income allocation. It may be appropriate for investors with a moderate to long-term investment horizon and a moderate risk tolerance.
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