PGIM Floating Rate Income ETF
PFRL
Market cap $93M

50.81 USD

-0.04

0.08%

Updated Dec 23, 1:18 PM EST

1 day

-0.08%

5 days

-0.12%

1 month

-0.22%

3 months

0.38%

6 months

0.53%

Year to date

1.11%

1 year

-0.18%

5 years

1.84%

10 years

1.84%

Funds holding %

of 6,809 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

33% more first-time investments, than exits

New positions opened: 4 | Existing positions closed: 3

5% more funds holding

Funds holding: 19 [Q2] → 20 (+1) [Q3]

5% more capital invested

Capital invested by funds: $48.8M [Q2] → $51.2M (+$2.43M) [Q3]

0% more repeat investments, than reductions

Existing positions increased: 6 | Existing positions reduced: 6

3.87% less ownership

Funds ownership: 69.94% [Q2] → 66.07% (-3.87%) [Q3]

See Fund Rankings

Research analyst outlook

We haven’t received any recent analyst ratings for PFRL.

See Analyst Rankings

Financial journalist opinion

Positive

Seeking Alpha

1 month ago

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

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.

See News Rankings

Charts implemented using Lightweight Charts™

PGIM Floating Rate Income ETFPFRL Market cap $93M