PFRL: Poor Risk Reward At A 5.7% Yield
Source: SeekingAlpha
2026-01-13 23:42:38 ET
Thesis
The PGIM Floating Rate Income ETF ( PFRL ) is a fixed income exchange traded fund we have not covered before. The fund objective is as follows:
Seeks to maximize current income with a secondary objective of capital appreciation. The Fund seeks to achieve its objectives by investing primarily in senior floating rate loans. The Fund may be appropriate for investors seeking to enhance diversification away from traditional fixed income asset classes.
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PFRL: Poor Risk Reward At A 5.7% Yield
PGIM Floating Rate Income ETF
NASDAQ: PFRL
PFRL Trading
-0.28% G/L:
$49.01 Last:
7,238 Volume:
$49.10 Open:
