Key stats
About PGIM Jennison Better Future ETF
Home page
Inception date
Dec 14, 2023
Structure
Open-Ended Fund
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
PGIM Investments LLC
Distributor
Prudential Investment Management Services LLC
ISIN
US69344A8264
PJBF employs a growth-oriented, conscientious strategy to tackle global social and environmental challenges in line with the UN SDGs. The fund invests in various equity and equity-related securities of companies contributing to health and wellness, technological innovation for economic inclusion, and climate action. The fund follows a systematic portfolio construction process, targeting companies with disruptive technologies, robust market positions, and sustainable growth. To ensure alignment with UN SDGs, selection incorporates proprietary research and financial metrics, imposing a 20% threshold for revenue, CAPEX, and EBITDA. However, it allows for up to 20% of assets to equities not meeting specific UN SDG criteria. Exclusions are applied to companies involved in sectors deemed inconsistent with responsible investing principles. With a global perspective and no market capitalization restrictions, PJBF has the flexibility for limitless investments in foreign securities.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Health Technology
Stocks93.63%
Technology Services25.14%
Electronic Technology19.87%
Retail Trade15.29%
Health Technology10.04%
Consumer Non-Durables7.22%
Finance4.92%
Commercial Services4.36%
Consumer Durables3.59%
Utilities2.19%
Producer Manufacturing1.00%
Bonds, Cash & Other6.37%
Mutual fund6.34%
Cash0.03%
Stock breakdown by region
North America62.55%
Europe20.78%
Asia11.21%
Latin America5.46%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PJBF invests in stocks. The fund's major sectors are Technology Services, with 25.14% stocks, and Electronic Technology, with 19.87% of the basket. The assets are mostly located in the North America region.
PJBF top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.75% and 6.79% of the portfolio correspondingly.
PJBF assets under management is 10.33 M USD. It's fallen 31.30% over the last month.
PJBF fund flows account for −6.16 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, PJBF pays dividends to its holders with the dividend yield of 0.15%. The last dividend (Jan 3, 2025) amounted to 0.09 USD. The dividends are paid annually.
PJBF shares are issued by Prudential Financial, Inc. under the brand PGIM. The ETF was launched on Dec 14, 2023, and its management style is Active.
PJBF expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
PJBF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PJBF invests in stocks.
PJBF price has risen by 1.27% over the last month, and its yearly performance shows a 3.08% increase. See more dynamics on PJBF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 2.06% over the last month, showed a 2.50% increase in three-month performance and has increased by 2.33% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 2.06% over the last month, showed a 2.50% increase in three-month performance and has increased by 2.33% in a year.
PJBF trades at a premium (0.17%) meaning the ETF is trading at a higher price than the calculated NAV.