PGIM Active Aggregate Bond ETF
$41.09+0.07 (+0.18%)
- 0.19%
- $101M
- 0.0%
- 5.01%
- 16.5K sh
- low $40.05high $43.55
The ETF.net PAB Grade
B
Score 68 out of 100
- 37 of 116
Score 68 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A73 out of 100Rank 30 of 115Mission
Whether the fund did what it promised, tested against its stated mandate.A100 out of 100Rank 1 of 100Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C54 out of 100Rank 35 of 116Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.C43 out of 100Rank 74 of 116Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C52 out of 100Rank 67 of 115Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C40 out of 100Rank 82 of 116
Our read on PAB
In short
BPGIM's fixed income desk running an active core bond portfolio at 0.19% a year, closer to index-fund pricing than to the usual active bond fee. Launched in 2021, it pays monthly across roughly 300 investment-grade positions.
Stated mandate
The fund seeks total return from current income and capital appreciation.
Why people hold it
Worth knowing
PAB Holdings
- Bonds
- 457
- 24%
- United States Treasury Note/Bond
Geography
- United States94.57%
- Cayman Islands1.82%
- Canada0.96%
- Mexico0.53%
- Luxembourg0.45%
- Italy0.38%
- Kuwait0.24%
- United Kingdom0.20%
- 0.86%
PAB Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.
PAB$10,000
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PAB |
|---|---|
| Year to date | −0.5% |
| 1 month | +2.5% |
| 3 months | 0.0% |
| 1 year | 0.0% |
| 3 years | +5.8% |
| 5 years | −0.1% |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PAB |
|---|---|---|
| 2026 YTD | −0.5% | |
| 2025 | +7.5% | |
| 2024 | +1.9% | |
| 2023 | +6.4% | |
| 2022 | −14.3% | |
| 2021 | +0.9% |
PAB in the news
PAB Dividends
- 5.01%
- $2.06
- $0.15 per share
- Monthly
PAB Risk
- 5.7%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.25
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −18.8%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.05
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
PAB Cost
Overpaying vs BKAG, cheapest in US Aggregate Bond
$3,952
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
PAB 0.19%
$3,952
BKAG 0.00% Cheapest
$0
Cost over time
Year by year
| Year | PAB | BKAG | Overpaying |
|---|---|---|---|
| 10 | $347 | $0 | $347 |
| 20 | $1,351 | $0 | $1,351 |
| 30 | $3,952 | $0 | $3,952 |
Other funds in US Aggregate Bond
- BHTRBHartford Total Return Bond ETFExpense ratio 0.29%1 year return −0.7%
- BNXUSNuveen International Aggregate Bond ETFExpense ratio 0.08%1 year return −0.6%
- BSYSBiShares Systematic Bond ETFExpense ratio 0.25%1 year return −0.3%
- BBDBTBluemonte Core Bond ETFExpense ratio 0.22%1 year return −0.2%
- BBTOTiShares Total USD Fixed Income Market ETFExpense ratio 0.10%1 year return