---
ticker: "PFRL"
name: "PGIM Floating Rate Income ETF"
url: "https://etf.net/etf/PFRL"
grade: "D"
score: 34
graded_at: "2026-10-12"
category: "Bank Loan"
category_rank: "9 of 11"
methodology: "https://etf.net/methodology"
---

# PFRL: PGIM Floating Rate Income ETF

Grade **D**, Score 34 of 100. Rank 9 of 11 in Bank Loan.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 13 | 10 of 11 |
| Mission | 27 | 7 of 8 |
| Risk | 49 | 7 of 11 |
| Tradability | 52 | 6 of 11 |
| Holdings | 60 | 6 of 11 |
| Durability | 45 | 7 of 11 |

## Top holdings

The fund holds 423 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | (PIPA070) PGIM Core Government Money Market Fund | 6.16% |
| 2 | — | Goldman Sachs Group Inc/The | 1.53% |
| 3 | — | Royal Bank of Canada | 1.38% |
| 4 | PHYL | Pgim Active High Yield Bond Etf | 1.27% |
| 5 | — | Bank of Nova Scotia/The | 1.02% |
| 6 | — | Asurion Llc | 0.90% |
| 7 | — | Ggp Retail Llc | 0.87% |
| 8 | — | JPMorgan Chase & Co | 0.86% |
| 9 | — | Cifc Funding 2022-V Ltd | 0.76% |
| 10 | — | Carval Clo Vi-C Ltd | 0.76% |
| 11 | — | Brant Point Clo 2023-2 Ltd | 0.76% |
| 12 | — | Benefit Street Partners Clo Xvii Ltd | 0.76% |
| 13 | — | Dewolf Park Clo Ltd | 0.76% |
| 14 | — | Madison Park Funding Xxxii Ltd | 0.76% |
| 15 | — | Madison Park Funding Lvii Ltd | 0.76% |
| 16 | — | Marble Point Clo Xxi Ltd | 0.76% |
| 17 | — | Starwood Property Mortgage Llc | 0.71% |
| 18 | — | Mh Sub I Llc | 0.67% |
| 19 | — | Tenneco Inc | 0.67% |
| 20 | — | Citigroup Inc | 0.64% |
| 21 | — | Sound Inpatient Physicians Inc | 0.63% |
| 22 | — | Clarios Global Lp | 0.63% |
| 23 | — | Allied Universal Holdco Llc | 0.63% |
| 24 | — | Apex Service Partners Ll | 0.62% |
| 25 | — | Wells Fargo & Co | 0.59% |
| 26 | — | Tk Elevator Us Newco Inc | 0.58% |
| 27 | — | Ppm Clo 4 Ltd | 0.57% |
| 28 | — | Battalion Clo Xi Ltd | 0.57% |
| 29 | — | Battalion Clo Xiv Ltd | 0.57% |
| 30 | — | Citigroup Inc | 0.57% |

Source: etf.net, https://etf.net/etf/PFRL. Please cite the page URL.