PGIM Total Return Bond ETF
$39.97−0.40 (−0.98%)
- Expense ratio
- 0.49%
- Fund size
- $1.2B
- 1Y return
- +0.1%
- Yield · Last 12 months
- 4.81%
- Volume · 30D
- 0.2M sh
- NAV per share
- $40.35
- 52W range
The ETF.net PTRB Grade
Score 58 of 100 sits in the B 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.FScore 20Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 100Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 51Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 70Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.BScore 62Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 66Category rank
Our read on PTRB
BThe ETF wrapper on PGIM Fixed Income's core-plus playbook: an active manager roaming multiple bond sectors in search of income and price gains, rather than cloning the Agg. You pay active freight for that freedom, and it pays monthly.
The Fund seeks total return through a diversified portfolio of bonds from multiple fixed-income sectors and may suit investors seeking current income and capital appreciation.
Why people hold it
- Genuinely active: managers allocate across multiple fixed income sectors instead of tracking the Agg, so the portfolio can look quite different from index rivals like BND or SCHZ.pgim.com
- Run by PGIM Fixed Income, and the same core-plus strategy is also offered as a mutual fund, so the ETF wraps an established process rather than a brand-new idea.pgim.com
- What the documents advertise is what shows up: a diversified, mainly investment grade multi-sector bond portfolio, paying distributions monthly. It sits in the upper half of its cohort.pgim.com
Worth knowing
- Costs 0.49% a year, above the 0.36% median for aggregate bond funds and many times the 0.03% charged by index anchors like BND and SPAB.
- Active means dispersion. Sector, credit and duration calls drive the outcome, so results can diverge from the Agg in either direction.pgim.com
- Launched in 2021, so its live record as an ETF is short next to core bond funds with decades behind them. Trading is moderate, not the deepest in the category.
PTRB Holdings
- Bonds
- —
- 21%
- UNITED STATES TREASURY NOTE/BOND
Sectors
- Financials100.0%
Geography
- United States99.98%
- Israel0.02%
PTRB 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 | PTRB |
|---|---|
| Year to date | −1.1% |
| 1 month | −0.9% |
| 3 months | −1.5% |
| 1 year | +0.1% |
| 3 years | +5.1% |
| 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 | PTRB |
|---|---|---|
| 2026 YTD | −1.1% | |
| 2025 | +7.6% | |
| 2024 | +2.7% | |
| 2023 | +7.7% | |
| 2022 | −14.8% | |
| 2021 | −0.2% |
PTRB in the news
ETF.net Research hasn’t filed on PTRB yet — coverage lands here as it’s written.
PTRB Dividends
- 4.81%
- $1.94
- $0.16 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Aug 31, 2026 | Sep 2, 2026 | $0.16 |
| Jul 31, 2026 | Aug 4, 2026 | $0.16 |
| Jun 30, 2026 | Jul 2, 2026 | $0.16 |
| May 29, 2026 | Jun 2, 2026 | $0.15 |
| Apr 30, 2026 | May 4, 2026 | $0.16 |
| Mar 31, 2026 | Apr 2, 2026 | $0.17 |
| Mar 2, 2026 | Mar 4, 2026 | $0.15 |
| Feb 2, 2026 | Feb 4, 2026 | $0.15 |
| Dec 30, 2025 | Jan 2, 2026 | $0.20 |
| Dec 1, 2025 | Dec 3, 2025 | $0.17 |
| Nov 3, 2025 | Nov 5, 2025 | $0.16 |
| Oct 1, 2025 | Oct 3, 2025 | $0.15 |
PTRB Risk
- 5.8%
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.
- 0.06
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.
- −19.2%
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.
PTRB Cost
- The middle half of US Aggregate Bond funds
- Median 0.34%
88 of the 112 US Aggregate Bond funds charge less.