ConvergeOne

Audacy Inc - Ordinary Shares - Class A

PGIM Floating Rate Income ETF

PFRL is an actively managed fund that aims for current income by investing mainly in senior floating rate loans of any credit quality from around the world.

PGIM Floating Rate Income ETF offers high current income and potential capital appreciation by investing primarily in senior floating rate loans. The PFRL ETF's portfolio is diversified, consisting mostly of bank loans, and has outperformed peers with a YTD return of over 8% and a one-year total return of 10.76%. Despite potential rate cuts, PFRL remains attractive due to its ability to adjust loan rates and maintain stable NAV, making it a compelling income investment.

PFRL: Floating Rate Income ETF Offers A Stable High Yield Without NAV Erosion

Principal Real Estate Active Opportunities ETF

Simplify Macro Strategy ETF

Harbor Dividend Growth Leaders ETF

Relative Sentiment Tactical Allocation ETF

SEI Enhanced US Large Cap Momentum Factor ETF

SEI Enhanced US Large Cap Quality Factor ETF

SEI Enhanced US Large Cap Value Factor ETF

SEI Enhanced Low Volatility US Large Cap ETF

Teucrium Agricultural NO K-1 Strategy ETF

By Michael Venuto Week of May 16, 2022 KPI Summary This week, the industry experienced 13 ETF launches and 1 closure, shifting the 1-year Open-to-Close ratio to 5.40 and total US ETFs to 2,945. ETF assets continue to trend down and haven't been current levels since Spring 2021.

ETF Industry KPI – Week of May 16, 2022

PGIM Investments continues to build out its actively managed fixed income ETF lineup with the launch of the PGIM Floating Rate Income ETF (NYSE Arca: PFRL). The new ETF, which seeks to maximize current income by investing primarily in senior floating rate loans, is managed by PGIM Fixed Income, a leveraged finance manager with $38 billion in [.

News for PGIM Floating Rate Income ETF ETF (PFRL)