PGIM Jennison Focused Mid-Cap ETF
$65.55+0.00 (+0.00%)
- Expense ratio
- 0.49%
- Fund size
- $20M
- 1Y return
- +8.8%
- Yield · Last 12 months
- 0.59%
- Volume · 30D
- 0M sh
- NAV per share
- $65.56
- 52W range
The ETF.net PJFM Grade
Score 48 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.BScore 64Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.Not scoredRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.DScore 35Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.CScore 43Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 33Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 52Category rank
Our read on PJFM
CPGIM handed its Jennison stock pickers a focused mid-cap mandate: medium-sized US companies, chosen one at a time for long-term growth, at 0.49% a year. Active mid-cap is a thin shelf, and this one is priced under the typical active equity ETF.
Seeks long-term growth of capital by investing primarily in equity and equity-related securities of medium-sized companies.
Why people hold it
- 0.49% a year sits below the 0.65% median for active US equity ETFs, so the stock picking starts from a lower cost base.
- Mid-caps are the aisle most ETF shelves skip. This one is built there on purpose: medium-sized companies, held for long-term growth of capital.
- A plain, unlevered fund with no structural red flags in our review, and it lands in the upper half of the active US equity funds we grade.
Worth knowing
- Small asset base, thinly traded. Spreads can widen, and the price on screen may sit further from the fund's underlying value than in a busier ticker.
- Launched in December 2023, so the track record is short, and measured volatility runs on the higher end of active US equity ETFs.
- Cash comes once or twice a year, not monthly. This is a capital-growth mandate, not an income one.
PJFM Holdings
- Stocks
- —
- 33%
- NI
Sectors
- Industrials18.2%
- Financials17.6%
- Technology15.2%
- Consumer Discr.9.5%
- Energy9.1%
- Health Care8.8%
- Real Estate8.6%
- Utilities7.0%
- Materials4.5%
- Cons. Staples0.8%
- Communication0.7%
Geography
- United States83.74%
- Canada5.74%
- Bermuda4.36%
- United Kingdom3.20%
- Netherlands2.23%
- Switzerland0.73%
PJFM Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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.
| Period | PJFM |
|---|---|
| Year to date | +6.0% |
| 1 month | −2.7% |
| 3 months | −5.9% |
| 1 year | +8.8% |
| 3 years | — |
| 5 years | — |
| 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 | PJFM |
|---|---|---|
| 2026 YTD | +6.0% | |
| 2025 | +7.5% | |
| 2024 | +15.6% | |
| 2023 | −0.1% |
PJFM in the news
ETF.net Research hasn’t filed on PJFM yet — coverage lands here as it’s written.
PJFM Dividends
- 0.59%
- $0.39
- $0.39 per share
- Irregular
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Dec 30, 2025 | Jan 2, 2026 | $0.39 |
| Dec 27, 2024 | Jan 3, 2025 | $0.48 |
PJFM Risk
- 15.4%
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.
- 0.48
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.
- −22.8%
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.
- 1.02
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
PJFM Cost
- The middle half of US Active Small/Mid-Cap funds
- Median 0.55%
17 of the 47 US Active Small/Mid-Cap funds charge less.