PJIO

PGIM Jennison International Opportunities ETF

$62.04
+0.00%
Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The PGIM Jennison International Opportunities ETF (PJIO) seeks to provide long-term capital appreciation by investing in a diversified portfolio of international equities.

Overview

ETF tracking PGIM Jennison International Opportunities ETF

Issuer Other
Inception Date 2023-12-19
Market Cap $27.3M
Average Volume N/A
Dividend Yield 0.18%
52-Week Range $48.27 - $65.81
VWAP $62.16

Performance

Loading performance data...

Price Chart

Investment Summary

📎 Investment Objective

The PGIM Jennison International Opportunities ETF (PJIO) seeks to provide long-term capital appreciation by investing in a diversified portfolio of international equities.

🎯 Investment Strategy

The fund invests primarily in the stocks of companies located outside the United States, including both developed and emerging markets. The portfolio managers use a fundamental, bottom-up investment approach to identify high-quality international companies with attractive long-term growth potential.

✨ Key Features

  • Actively managed international equity fund
  • Diversified portfolio of stocks from developed and emerging markets
  • Focuses on identifying high-quality companies with strong growth prospects
  • Relatively low expense ratio compared to similar actively managed international funds

⚠️ Primary Risks

  • Exposure to international and emerging market equities, which can be more volatile than domestic stocks
  • Currency risk as the fund invests in securities denominated in foreign currencies
  • Potential for higher trading costs and less liquidity compared to index-based international ETFs
  • Reliance on the fund manager's stock selection and investment decisions

👤 Best For

The PGIM Jennison International Opportunities ETF may be suitable for investors seeking long-term capital appreciation through exposure to a diversified portfolio of international equities. It may be appropriate for investors with a higher risk tolerance and a longer investment horizon who are looking to complement their domestic equity holdings.