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PGIM Floating Rate Income ETF (PFRL)

Bank Loan | Exchange Traded Fund | NYSEArca
49.62 USD +0.02 (0.040%) ⇧ (July 13, 2026, 3:59 p.m. EDT)

Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 4:13 a.m. EDT

The floating-rate structure provides a robust defensive floor, evidenced by the resilient +3.08% cumulative gain over the last three years despite a recent single-year dip. However, the asset is currently trapped in a narrow trading range, oscillating tightly around its 50-day and 200-day averages with negligible momentum to drive a near-term breakout. While the headline yield of 7.3% is attractive, the recent price stagnation suggests the market is pricing in limited capital appreciation potential, making this a hold for income rather than a vehicle for significant total return in the immediate future.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.001635
AutoARIMA0.001667
MSTL0.001680
AutoTheta0.002176

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 77%
H-stat 1.65
Ljung-Box p 0.000
Jarque-Bera p 0.721
Excess Kurtosis -0.58
Attribute Value
Trailing P/E 50.45

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.47% 6.67% 8.23%
Dividend History
Date Dividend Yield %
2026-06-30 0.231 0.467186
2026-05-29 0.226 0.456981
2026-04-30 0.249 0.505481
2026-03-31 0.255 0.523549
2026-03-02 0.226 0.462735
2026-02-02 0.241 0.486426
2025-12-30 0.418 0.843422
2025-12-01 0.259 0.522072
2025-11-03 0.250 0.503119
2025-10-01 0.303 0.607933
2025-09-02 0.316 0.630235
2025-08-01 0.331 0.662464
2025-07-01 0.306 0.613472
2025-06-02 0.294 0.591430
2025-05-01 0.307 0.628660
2025-04-01 0.313 0.630985
2025-03-03 0.259 0.513481
2025-02-03 0.294 0.582651
2024-12-27 0.552 1.097416
2024-12-02 0.303 0.598046
2024-11-01 0.344 0.681053
2024-10-01 0.340 0.676079
2024-09-03 0.368 0.731901
2024-08-01 0.350 0.695687
2024-07-01 0.331 0.657594
2024-06-03 0.374 0.740814
2024-05-01 0.365 0.724926
2024-04-01 0.352 0.696065
2024-03-01 0.408 0.808882
2024-02-01 0.422 0.835710
2023-12-27 0.710 1.414145
2023-12-01 0.358 0.715356
2023-11-01 0.501 1.013760
2023-10-02 0.427 0.855283
2023-09-01 0.428 0.850472
2023-08-01 0.341 0.679418
2023-07-03 0.404 0.808097
2023-06-01 0.369 0.750839
2023-05-01 0.358 0.724110
2023-04-03 0.339 0.687418
2023-03-01 0.360 0.723109
2023-02-01 0.351 0.702914
2022-12-28 0.354 0.726929
2022-12-01 0.299 0.609396
2022-11-01 0.259 0.532593
2022-10-03 0.257 0.529569
2022-09-01 0.236 0.474572
2022-08-01 0.217 0.437491
2022-07-01 0.111 0.228301
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 7.3

Info Dump

Attribute Value
All Time High 51.51
All Time Low 45.19
Ask 0.0
Ask Size 100
Average Daily Volume10 Day 17,300
Average Daily Volume3 Month 11,967
Average Volume 11,967
Average Volume10Days 17,300
Beta3 Year 0.08
Bid 47.19
Bid Size 200
Category Bank Loan
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 49.65
Day Low 49.5732
Dividend Yield 7.3
Eps Trailing Twelve Months 0.983457
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.49048
Fifty Day Average Change 0.12952042
Fifty Day Average Change Percent 0.0026170774
Fifty Two Week Change Percent -1.2148976
Fifty Two Week High 50.48
Fifty Two Week High Change -0.8600006
Fifty Two Week High Change Percent -0.017036462
Fifty Two Week Low 48.6
Fifty Two Week Low Change 1.0200005
Fifty Two Week Low Change Percent 0.020987665
Fifty Two Week Range 48.6 - 50.48
First Trade Date Milliseconds 1,654,003,800,000
Full Exchange Name NYSEArca
Fund Family PGIM
Fund Inception Date 1,652,745,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary Under normal market conditions, the fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.
Long Name PGIM Floating Rate Income ETF
Market us_market
Market State PRE
Max Age 86,400
Message Board Id finmb_1774745699
Nav Price 49.58879
Net Assets 117,314,008.0
Net Expense Ratio 0.72
Open 49.56
Phone (973) 367-7521
Previous Close 49.6
Price Hint 2
Quote Source Name Delayed Quote
Quote Type ETF
Region US
Regular Market Change 0.0200005
Regular Market Change Percent 0.0403235
Regular Market Day High 49.65
Regular Market Day Low 49.5732
Regular Market Day Range 49.5732 - 49.65
Regular Market Open 49.56
Regular Market Previous Close 49.6
Regular Market Price 49.62
Regular Market Time 1,783,972,791
Regular Market Volume 3,686
Short Name PGIM Floating Rate Income ETF
Source Interval 15
Symbol PFRL
Three Year Average Return 0.0800581
Total Assets 117,314,008
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 50.45467
Trailing Peg Ratio None
Trailing Three Month Nav Returns 2.67358
Trailing Three Month Returns 2.67358
Triggerable 1
Two Hundred Day Average 49.50577
Two Hundred Day Average Change 0.114227295
Two Hundred Day Average Change Percent 0.002307353
Type Disp ETF
Volume 3,686
Yield 0.073
Ytd Return 2.58335