PGIM ETF Trust - PGIM Active Aggregate Bond ETF is an exchange traded fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income. It invests in the fixed income markets of the United States. The fund primarily invests in investment-grade, US government and its agencies, corporate debt securities, mortgage-related securities and asset-backed securities that are rated BBB- or higher by S&P Global Ratings, or Baa3 or higher by Moody’s Investors Service, Inc. It invests in securities having a maturity more than one year. The fund employs fundamental and quantitative analysis with bottom-up and top-down security picking approach to create its portfolio. It benchmarks the performance of its portfolio against the Bloomberg US Aggregate Bond Index. The fund employs proprietary research to create its portfolio. PGIM ETF Trust - PGIM Active Aggregate Bond ETF was formed on April 12, 2021 and is domiciled in the United States.