PGIM Debuts Broad Securitized Credit ETF Focused on Income

PGIM has launched the PGIM Securitized Income ETF (PINC), an actively managed ETF that invests primarily in securitized credit and related instruments across the structured credit market. The fund seeks to maximize total return through a combination of current income and capital appreciation, leveraging PGIM’s extensive credit platform. Listed on the Cboe BZX Exchange, PINC is offered with a 0.39% net expense ratio and is designed to provide diversified exposure to income-generating securitized assets through both cash securities and derivatives.