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.
Related funds
Classification
What's in the fund
Exposure type
Finance
Technology Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
PJFM trades at 58.27 USD today, its price has fallen −2.54% in the past 24 hours. Track more dynamics on PJFM price chart.
PJFM net asset value is 60.24 today — it's fallen 0.92% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
PJFM assets under management is 15.02 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
PJFM price has fallen by −3.28% over the last month, and its yearly performance shows a 2.07% increase. See more dynamics on PJFM price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.92% over the last month, have fallen by −0.92% over the last month, showed a 2.71% increase in three-month performance and has increased by 7.40% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.92% over the last month, have fallen by −0.92% over the last month, showed a 2.71% increase in three-month performance and has increased by 7.40% in a year.
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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
PJFM invests in stocks. See more details in our Analysis section.
PJFM expense ratio is 0.49%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, PJFM isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, PJFM technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PJFM shows the buy signal. See more of PJFM technicals for a more comprehensive analysis.
Today, PJFM technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating PJFM shows the buy signal. See more of PJFM technicals for a more comprehensive analysis.
Yes, PJFM pays dividends to its holders with the dividend yield of 0.83%.
PJFM trades at a premium (0.03%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
PJFM shares are issued by Prudential Financial, Inc.
PJFM follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Dec 14, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.