PGIM Investments expands active fixed income ETF lineup with launch of core bond fund

NEWARK, N.J.--(BUSINESS WIRE)--PGIM Investments is expanding its exchange-traded fund (ETF) lineup with the launch of the PGIM Active Aggregate Bond ETF (NYSE Arca: PAB). PAB is an actively managed fixed income ETF seeking total return through a combination of current income and capital appreciation. PAB offers core fixed income exposure through a diversified portfolio of investment-grade bonds with an estimated total expense ratio of 0.19%.