ETF Evaluator:
PGIM Securitized Income ETF (PINC)
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(as of Jul 29)
Best Performing in Securitized Bond - Diversified Over the Last Year
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ETF Details
PGIM Securitized Income ETF Overview
PGIM Securitized Income ETF (PINC) is an actively managed Taxable Bond Securitized Bond - Diversified exchange-traded fund (ETF). PGIM launched the ETF in 2026.
The investment seeks to maximize total return, through a combination of current income and capital appreciation.
Under normal circumstances, the fund invests at least 80% of its investable assets in securitized credit investments and other similar credit instruments, including derivative instruments that provide exposure to securitized credit investments and other similar credit instruments. The fund is non-diversified.
About PGIM Securitized Income ETF (PINC)
There are 5 members of the management team with an average tenure of 0.08 years: Brian Juliano (2026), Edwin Wilches (2026), Gabriel Rivera (2026), Jordan Cohen (2026) and Chris Haid (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.
PGIM Securitized Income ETF has 96 securities in its portfolio. The top 10 holdings constitute 35.6% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a nondiversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.
PGIM Securitized Income ETF is part of the Fixed Income global asset class and is within the Taxable Bond ETF group. PGIM Securitized Income ETF has 26.6% 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 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 99.2% (72.6% domestic bond, 26.6% foreign bond and 0.0% convertible bond). PGIM Securitized Income ETF has 0.8% of the portfolio in cash.
Assets Under Management
The fund has $24 million in total assets, which is below the $900 million average for the Securitized Bond - Diversified 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.
PINC 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 Securitized Income ETF expense ratio is below average compared to funds in the Securitized Bond - Diversified category. PGIM Securitized Income ETF has an expense ratio of 0.39%, which is 6% lower than its category average, making the fund expense ratio grade a B. 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 Securitized Income ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 160% for the Securitized Bond - Diversified category.
Recently, in the month of June 2026, PGIM Securitized Income ETF returned 0.0%, which earned it a grade of NA, as the Securitized Bond - Diversified category had an average return of 0.4%. 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 Securitized Income ETF has a trailing yield of 0.00%, which is below the 5.26% 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.
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PINC Trailing NAV Total Returns Data as of 6/30/26
| Last Month |
Last Quarter |
Ann'l. 1Yr |
Ann'l. 3Yr |
Ann'l. 5Yr |
Ann'l. 10Yr |
|
| PINC Return (NAV) | na | na | na | na | na | na |
| PINC Return (Price) | na | na | na | na | na | na |
| NAV +/- Price Return | na | na | na | na | na | na |
| Securitized Bond - Diversified Avg | 0.4% | 1.0% | 5.0% | 6.0% | 1.8% | 2.8% |
| PINC Grade (NAV) | na | na | na | na | na | na |
| +/- Category (NAV) | na | na | na | na | na | na |
| PINC Tax-Cost Ratio | na | na | na | na | na | na |
PINC Annual NAV Total ReturnsData as of 6/30/26
| 2026 | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
| PINC Return (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| PINC Return (Price) | na | na | na | na | na | na | na | na | na | na | na |
| NAV +/- Price Ret | na | na | na | na | na | na | na | na | na | na | na |
| Securitized Bond - Diversified Avg | 1.6% | 7.6% | 5.1% | 6.6% | -10.6% | 1.3% | 2.9% | 5.9% | 1.6% | 3.7% | 3.0% |
| PINC Grade (NAV) | na | na | na | na | na | na | na | na | na | na | na |
| +/- Category | na | 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: | -- |
| Total Assets: | $ 25 Mil |
| Share Class Assets: | $ 25 Mil |
| Turnover: | na |
| Expense Ratio: | 0.39% |
| 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: 5 | |||
| Longest Tenure: 0.1 years | |||
| Average Tenure: 0.1 years | |||
| Managers (Year): Juliano Brian (2026), Wilches Edwin (2026), Rivera Gabriel (2026), Cohen Jordan (2026), Haid Chris (2026) | |||
Portfolio Composition (as of 6/30/26)
| # of Holdings: | 96 |
| % in Top 10 Holdings: | 35.6% |
| Fund is Non-Diversified: | Yes |
| % in Foreign Issues: | 26.6% |
Portfolio Allocation |
|
| Domestic Stock: | 0.0% |
| Foreign Stock: | 0.0% |
| Preferred Stock: | 0.0% |
| Domestic Bond: | 72.6% |
| Foreign Bond: | 26.6% |
| Convertible Bond: | 0.0% |
| Other: | 0.0% |
| Cash: | 0.8% |
Purchase Information
| Legal Structure: | Open Ended Investment Company |
| Fund Family: | PGIM |
| Phone Number: | 888-247-8090 |
| Website: | www.pgim.com/investments |
| Inception Date: | June 1, 2026 |
Expenses and Fees
| Expense Ratio (%): | 0.39% (Rating: Below Avg) |
| Category Average Expense Ratio (%): | 0.41% |
