Key stats
About PGIM Jennison Focused Mid-Cap 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
US69344A7928
PJFM strives for long-term capital growth by primarily investing in securities of mid-capitalization companies. Through a combination of fundamental research and systematic portfolio construction, the sub-adviser selects around 30 to 50 issuers that demonstrate attractive valuations and strong potential for earnings growth. This investment strategy allows the fund to manage risk exposures, ensure liquidity, and remain aligned with its investment goals. PJFM specifically focuses on medium-sized companies within the market capitalization range of the Russell Midcap Index. The funds diversified portfolio includes common stocks, non-convertible preferred stocks, convertible securities, ADRs, warrants, rights, and REITs. Additionally, PJFM may also engage in investment ventures in other business sectors. The fund has the flexibility to allocate up to 35% of its assets in foreign securities and may also participate in IPOs.
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
Finance
Technology Services
Stocks97.11%
Finance22.99%
Technology Services12.03%
Electronic Technology8.58%
Consumer Non-Durables6.94%
Utilities6.37%
Non-Energy Minerals5.49%
Producer Manufacturing5.32%
Transportation5.27%
Distribution Services5.26%
Retail Trade3.92%
Consumer Services3.60%
Process Industries3.47%
Health Services3.05%
Health Technology2.08%
Commercial Services1.79%
Energy Minerals0.96%
Bonds, Cash & Other2.89%
Mutual fund2.89%
Stock breakdown by region
North America95.32%
Europe2.98%
Middle East1.70%
Latin America0.00%
Asia0.00%
Africa0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
PJFM invests in stocks. The fund's major sectors are Finance, with 22.99% stocks, and Technology Services, with 12.03% of the basket. The assets are mostly located in the North America region.
PJFM top holdings are Eldorado Gold Corporation and Ralph Lauren Corporation Class A, occupying 5.49% and 4.85% of the portfolio correspondingly.
PJFM assets under management is 15.03 M USD. It's fallen 0.57% over the last month.
PJFM fund flows account for 2.28 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, PJFM pays dividends to its holders with the dividend yield of 0.80%. The last dividend (Jan 3, 2025) amounted to 0.48 USD. The dividends are paid annually.
PJFM 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.
PJFM expense ratio is 0.49% meaning you'd have to pay 0.49% of your investment to help manage the fund.
PJFM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
PJFM invests in stocks.
PJFM price has fallen by −0.96% over the last month, and its yearly performance shows a 7.59% increase. See more dynamics on PJFM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.48% over the last month, have fallen by −0.48% over the last month, showed a 3.18% increase in three-month performance and has increased by 7.04% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.48% over the last month, have fallen by −0.48% over the last month, showed a 3.18% increase in three-month performance and has increased by 7.04% in a year.
PJFM trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.