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PINC

GradeCChicago Board Options Exchange

PGIM Securitized Income ETF

Specialty Bonds · PGIM · Inception 2026-06-01 · SEC filings

$49.38−0.03 (−0.07%)

As of Sep 23, 2026, 10:15 AM EDT

History starts Jun 11, 2026.History starts Jun 11, 2026.History starts Jun 11, 2026.
Intraday session: down, 4 prints from 49.41 to 49.38. Range 49.38 to 49.38. Use the arrow keys to read each point.$48.50$49.00$50.0010 AM12 PM2 PM4 PM
Expense ratio
0.39%
Fund size
$26M
1Y return
—
Yield · Last 12 months
Data unavailable
Volume · 30D
0M sh
NAV per share
$49.42
52W range
low $49.36high $50.29

The ETF.net PINC Grade

C

41/ 100

Rank 6 of 11 in Multi-Sector Securitized Bond⁠

Confidence Medium

Six-pillar profile for PINC. Scores out of 100: Cost 50, Risk 36, Mission not scored, Tradability 35, Holdings 34, Durability 40. Strongest: Cost (50). Weakest: Holdings (34). Based on 5 of 6 pillars.
F< 25
D≥ 25
C≥ 40
B≥ 55
A≥ 70

Score 41 of 100 sits in the C band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.

  • Cost

    What you pay to own it — the expense ratio plus trading frictions, ranked within its category.
    CScore 50
    Category rank6/11 · mid-pack

  • Mission

    How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.
    Not scored
    —

  • Risk

    How violently it can move — volatility, drawdown depth, and downside capture versus its category.
    DScore 36
    Category rank8/10 · bottom quartile

  • Tradability

    How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.
    DScore 35
    Category rank8/11 · mid-pack

  • Holdings

    What it actually owns — the quality, breadth, and concentration of the underlying portfolio.
    DScore 34
    Category rank8/11 · mid-pack

  • Durability

    Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.
    CScore 40
    Category rank9/11 · bottom quartile

Graded as of Sep 22, 2026 · Based on 5 of 6 pillars

Our read on PINC

ETF.net Research

CMost securitized-credit ETFs sit at the short end and float with cash rates. PINC is PGIM's active take with a twist: a duration overlay of Treasury futures and swaps that stretches its rate exposure beyond what its CLOs, CMBS and ABS carry on their own.

Stated mandate

The Fund seeks to maximize total return through a combination of current income and capital appreciation.

Why people hold it

  1. 01Active across the securitized stack: CMBS, RMBS and CMOs, ABS, and CDOs including CLOs, picked by PGIM's securitized products team instead of an index.sec.gov
  2. 02The overlay is the twist: Treasury futures, rate swaps and options extend duration past what its securitized holdings carry, so it isn't purely a floating-rate sleeve.sec.govpgim.com
  3. 03At 0.39%, the fee lands just under the 0.40% median for its securitized peer group and under iShares' SECU at 0.41%.
  4. 04Mandate is total return from current income plus capital appreciation, with cash paid out quarterly.

Worth knowing

  1. 01Cheaper shelf-mates exist: Principal's WDE runs 0.19%, roughly half the fee for securitized debt exposure.
  2. 02Extended duration cuts both ways, with more price movement when rates swing than a short-duration securitized fund, plus the usual derivatives plumbing.sec.gov
  3. 03The track record starts in 2026, and it's a small, thinly traded fund, so the spread deserves a look before you place an order.

PINC Holdings

As of Sep 20, 2026, 6:47 AM
Asset class
Bonds
Holdings
—
Top-10 weight
36%
Largest holding
USD/EUR FWD 20261022 0018711.1%

Sectors

  • Securitized96.2%
  • Government3.8%

Geography

  • United States100.00%
The fund’s holdings, weight-ordered — page 1 of 7.
#TickerCompanyWeight %SharesMarket valueIn ETFs
001—USD/EUR FWD 20261022 0018711.15%2,896,040$3M1
002—UNITED STATES TREASURY NOTE/BOND3.65%975,000$948K33
003—CONTEGO CLO XIV DAC3.32%750,000$863K1
004—SONA FIOS CLO V DAC3.32%750,000$862K1
005—OHA CREDIT PARTNERS XVII LTD2.90%750,000$753K1
006—KKR CLO 57 LTD2.89%750,000$751K1
007—(PIPA070) PGIM Core Government Money Market Fund2.48%644,375$644K60
008—ARBOUR CLO V DAC2.22%500,000$577K1
009—ELEVATION CLO 2021-15 LTD1.93%500,000$502K1
010—CIFC FUNDING 2024-I LTD1.93%500,000$502K1
011—CBAMR 2017-3 LTD1.93%500,000$501K1
012—ROCKFORD TOWER CLO 2024-1 LTD1.93%500,000$501K1
013—ARES LXXI CLO LTD1.93%500,000$501K1
014—CIFC FUNDING 2017-III LTD1.93%500,000$501K1
015—KKR CLO 32 LTD1.93%500,000$501K1

Showing 1–15 of 102 holdings

PINC Performance

Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.

PINC$9,991
SPY tracks large US stocks. It provides market context, rather than representing this fund’s strategy, asset class or investment benchmark.$10,415
Jun 22, 2026 to Sep 22, 2026. PINC $9,991. SPY $10,415. Use the arrow keys to read each point.$9,741$10,122$10,502Jun 2026Aug 2026Sep 2026

Jun 22, 2026 – Sep 22, 2026

Returns run to the Sep 22, 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.

Trailing total return for PINC. Periods over one year show the average yearly return.
PeriodPINC
Year to dateFund launched this year—
1 month−0.8%
3 months−0.1%
1 yearFund is under 1 year old—
3 yearsFund is under 3 years old—per year
5 yearsFund is under 5 years old—per year
10 yearsFund is under 10 years old—per year

As of the close, with distributions reinvested.

Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.

Annual total returns for PINC
YearReturn barPINC
2026 YTD−0.3%

History from Jun 11, 2026

PINC in the news

PINC Dividends

Adds up every distribution paid per share over the last 12 months, divided by the last completed close. Distributions are counted by ex-date. Data through Sep 22, 2026.
Data unavailableLast 12 months
Payout per share
Data unavailableLast 12 months
Last payment
$0.21 per share
Paid on
Shares bought on or after this date do not qualify for this distribution.
Frequency
Monthly

Distribution data unavailable.

Distribution history

2026

One bar per payment. 3 payments in 2026 YTD. Jun 30, 2026 $0.17; Jul 31, 2026 $0.21; Aug 31, 2026 $0.21. Use the arrow keys to read each point.2026YTD
Ex-datePay dateAmount per share
Aug 31, 2026Sep 2, 2026$0.21
Jul 31, 2026Aug 4, 2026$0.21
Jun 30, 2026Jul 2, 2026$0.17

PINC Risk

How much the fund’s monthly returns vary, scaled to a year.
—
Launched Jun 2026; fills in after 12 months
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.

Return above 3-month US Treasury bills per unit of volatility.
—
Launched Jun 2026; fills in after 12 months
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.

The largest fall from a peak to the low that followed.
—
Launched Jun 2026; fills in after 12 months
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.

How strongly the fund’s returns move with its asset-class index.
0.00
vs its asset-class index
How it’s calculated: beta

The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.

PINC Cost

Expense ratio0.39%
  • The middle half of Multi-Sector Securitized Bond funds
  • Median 0.39%

4 of the 11 Multi-Sector Securitized Bond funds charge less.

PINC costs $39.00 a year on $10,000. The median Multi-Sector Securitized Bond fund costs $39.00.