ETF Evaluator:
PGIM Corporate Bond 5-10 Year ETF ()
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(as of Aug 21)
Best Performing in Corporate Bond Over the Last Year
| 4.6% | Pacer US Cash Cows Bond ETF (MILK) |
| 3.8% | PGIM Corporate Bond 0-5 Year ETF (PCS) |
| 3.6% | Hilton BDC Corporate Bond ETF (HBDC) |
| 3.5% | iShares Invm Grd Crp Bd Buywrt Stgy ETF (LQDW) |
| 3.3% | State Street SPDR Port ItmtTermCorpBdETF (SPIB) |
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ETF Details
PGIM Corporate Bond 5-10 Year ETF Overview
PGIM Corporate Bond 5-10 Year ETF (PCI) is an actively managed Taxable Bond Corporate Bond exchange-traded fund (ETF). PGIM launched the ETF in 2025.
The investment seeks to provide total return through a combination of current income and capital appreciation.
The fund normally invests at least 80% of its investable assets in bonds of corporations with varying maturities. For the purposes of this policy, bonds include all fixed income securities, other than preferred stock, issued by corporations.
About PGIM Corporate Bond 5-10 Year ETF (PCI)
There are 4 members of the management team with an average tenure of 1.01 years: Rajat Shah (2025), Matthew Csontos (2025), David Vecchio (2025) and Milan Kalaria (2025). Management tenure is more important for actively managed ETFs than passive index ETFs.
PGIM Corporate Bond 5-10 Year ETF has 290 securities in its portfolio. The top 10 holdings constitute 13.0% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
PGIM Corporate Bond 5-10 Year ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. PGIM Corporate Bond 5-10 Year ETF has 15.5% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is -0.0% There is 0.0% allocated to foreign stock, and 1.3% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 97.7% (82.1% domestic bond, 15.5% foreign bond and 0.0% convertible bond). PGIM Corporate Bond 5-10 Year ETF has 1.1% of the portfolio in cash.
Assets Under Management
The fund has $525 million in total assets, which is below the $3 billion average for the Corporate Bond category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.
PCI Performance and Fees
The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The PGIM Corporate Bond 5-10 Year ETF expense ratio is below average compared to funds in the Corporate Bond category. PGIM Corporate Bond 5-10 Year ETF has an expense ratio of 0.25%, which is 2% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.
High portfolio turnover can translate to higher expenses and lower aftertax returns. PGIM Corporate Bond 5-10 Year ETF has a portfolio turnover rate of 10%, which indicates that it holds its assets around / 0.1 years. By way of comparison, the average portfolio turnover is 58% for the Corporate Bond category.
Recently, in the month of July 2026, PGIM Corporate Bond 5-10 Year ETF returned -1.3%, which earned it a grade of B, as the Corporate Bond category had an average return of -1.4%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.
PGIM Corporate Bond 5-10 Year ETF has a trailing yield of 4.94%, which is below the 5.07% category average.
The fund normally distributes its income monthly and its capital gains annually.
It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.
PGIM Corporate Bond 5-10 Year ETF Grades
Year to date, the ETF has returned -0.6%, 0.0 percentage points worse than the category, which translates into a grade of B. The fund has returned 3.2% over the past year (grade of A).
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PCI Trailing NAV Total Returns Data as of 7/31/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PCI Return (NAV) | -1.3% | -0.7% | 3.2% | na | na | na |
| PCI Return (Price) | -0.7% | -1.3% | 3.9% | na | na | na |
| NAV +/- Price Return | -0.625% | 0.655% | -0.747% | na | na | na |
| Corporate Bond Avg | -1.4% | -0.6% | 2.6% | 4.8% | 0.1% | 2.3% |
| PCI Grade (NAV) | B | B | A | na | na | na |
| +/- Category (NAV) | 0.2% | -0.0% | 0.6% | na | na | na |
| PCI Tax-Cost Ratio | na | na | 2.0% | na | na | na |
PCI Annual NAV Total ReturnsData as of 7/31/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PCI Return (NAV) | -0.6% | na | na | na | na | na | na | na | na | na | na |
| PCI Return (Price) | 0.1% | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | -1.238% | na | na | na | na | na | na | na | na | na | na |
| Corporate Bond Avg | -0.6% | 7.8% | 2.8% | 8.3% | -14.8% | -0.9% | 9.6% | 13.5% | -2.0% | 5.2% | 5.0% |
| PCI Grade (NAV) | B | na | na | na | na | na | na | na | na | na | na |
| +/- Category | -0.0% | na | na | na | na | na | na | na | na | na | na |
| Risk Measures | |
| Beta: | na |
| R-Squared: | na |
| Standard Deviation: | na |
| Category Risk Index: | na |
| Category Risk Rating: | |
| Total Risk Index: | na |
| Total Risk Rating: | |
| Portfolio Characteristics | |
| Yield: | 4.9% |
| Total Assets: | $ 526 Mil |
| Share Class Assets: | $ 526 Mil |
| Turnover: | 10.0% |
| Expense Ratio: | 0.25% |
| Index Fund: | No |
| Index Tracked: | N/A |
| Index Weighting: | 100% |
| Leveraged: | No |
| Socially Responsible Fund: | No |
| Capital Gains Distribution Frequency: | Annually |
| Income Distribution Frequency: | Monthly |
Management Team
| Number of Managers: 4 | |||
| Longest Tenure: 1.0 years | |||
| Average Tenure: 1.0 years | |||
| Managers (Year): Shah Rajat (2025), Csontos Matthew (2025), Vecchio David (2025), Kalaria Milan (2025) | |||
Portfolio Composition (as of 7/31/26)
| # of Holdings: | 290 |
| % in Top 10 Holdings: | 13.0% |
| Fund is Non-Diversified: | No |
| % in Foreign Issues: | 15.5% |
Portfolio Allocation |
|
| Domestic Stock: | -0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 1.3% |
| Domestic Bond: | 82.1% |
| Foreign Bond: | 15.5% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 1.1% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | PGIM |
| Phone Number: | 888-247-8090 |
| Website: | www.pgim.com/investments |
| Inception Date: | July 29, 2025 |
Expenses and Fees
| Expense Ratio (%): | 0.25% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.25% |
