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PGIM Quant Solutions Strategic Alpha International Equity ETF
Active ETF
PQIN
Payout Change
Pending
Price as of:
$49.06
+0.17
+0.35%
primary theme
N/A
PQIN (ETF)
PGIM Quant Solutions Strategic Alpha International Equity ETF
Payout Change
Pending
Price as of:
$49.06
+0.17
+0.35%
primary theme
N/A
PQIN (ETF)
PGIM Quant Solutions Strategic Alpha International Equity ETF
Payout Change
Pending
Price as of:
$49.06
+0.17
+0.35%
primary theme
N/A
Name
As of 01/09/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PGIM Quant Solutions Strategic Alpha International Equity ETF
PQIN | Active ETF
$49.06
$35.7 M
0.79%
$0.39
0.29%
Vitals
YTD Return
3.2%
1 yr return
-12.9%
3 Yr Avg Return
0.8%
5 Yr Avg Return
N/A
Net Assets
$35.7 M
Holdings in Top 10
3.0%
52 WEEK LOW AND HIGH
$49.1
$41.46
$56.68
Expenses
OPERATING FEES
Expense Ratio 0.29%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 79.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 01/09/2023Price
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
PGIM Quant Solutions Strategic Alpha International Equity ETF
PQIN | Active ETF
$49.06
$35.7 M
0.79%
$0.39
0.29%
PQIN - Profile
Distributions
- YTD Total Return 3.2%
- 3 Yr Annualized Total Return 0.8%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 2.49%
- Dividend Yield 0.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePGIM Quant Solutions Strategic Alpha International Equity ETF
-
Fund Family NamePGIM Investments
-
Inception DateDec 04, 2018
-
Shares Outstanding700000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerStephen Courtney
Fund Description
The Fund seeks investments that will appreciate over time. The Fund’s goal is to outperform the returns of the MSCI EAFE Index over the long term. Under normal circumstances, the Fund invests at least 80% of its investable assets in equity and equity-related securities of non-U.S. companies. The term “investable assets” refers to the Fund’s net assets plus any borrowings for investment purposes. The Fund’s investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. The Fund is an actively managed exchange-traded fund (“ETF”) and, thus, does not seek to replicate the performance of a specified index.The Fund may invest anywhere in the world, but generally not in U.S. companies. The Fund may invest a large portion of its assets in a single country or region. The Fund will primarily invest in developed markets. The Fund may invest in securities of the issuers of any market capitalization size.The Fund's subadviser employs a proprietary multi-factor quantitatively driven, model-based investment process for the Fund. The stock selection process utilizes systematic tools that evaluate stocks based on various signals, such as value, quality (as measured by a stock’s profitability) and volatility, to differentiate between attractive and unattractive stocks, subject to risk constraints. An equal-weight method is used when allocating to the stocks the model deems attractive. The investment management team exercises judgment when evaluating underlying data and positions recommended by its quantitative tools.
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PQIN - Performance
Return Ranking - Trailing
| Period | PQIN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -28.5% | 11.9% | 92.00% |
| 1 Yr | -12.9% | -42.3% | 84.0% | 56.68% |
| 3 Yr | 0.8%* | -16.2% | 115.2% | 24.32% |
| 5 Yr | N/A* | -11.5% | 56.9% | N/A |
| 10 Yr | N/A* | -5.4% | 10.4% | N/A |
* Annualized
Return Ranking - Calendar
| Period | PQIN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -14.7% | -45.5% | 71.3% | 20.84% |
| 2022 | 4.7% | -15.8% | 11.9% | 16.39% |
| 2021 | 2.3% | -10.4% | 121.9% | 61.58% |
| 2020 | 4.2% | -33.7% | 8.5% | 64.40% |
| 2019 | N/A | -13.0% | 27.5% | N/A |
Total Return Ranking - Trailing
| Period | PQIN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.2% | -28.5% | 11.9% | 92.00% |
| 1 Yr | -12.9% | -42.3% | 84.0% | 56.68% |
| 3 Yr | 0.8%* | -16.2% | 115.2% | 24.32% |
| 5 Yr | N/A* | -11.5% | 56.9% | N/A |
| 10 Yr | N/A* | -2.8% | 10.4% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | PQIN Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | -14.7% | -45.5% | 71.3% | 20.84% |
| 2022 | 4.7% | -15.8% | 11.9% | 16.39% |
| 2021 | 2.3% | -10.4% | 121.9% | 61.58% |
| 2020 | 4.2% | -18.0% | 8.5% | 64.40% |
| 2019 | N/A | -13.0% | 29.4% | N/A |
PQIN - Holdings
Concentration Analysis
| PQIN | Category Low | Category High | PQIN % Rank | |
|---|---|---|---|---|
| Net Assets | 35.7 M | 1.02 M | 369 B | 89.39% |
| Number of Holdings | 433 | 1 | 10801 | 29.11% |
| Net Assets in Top 10 | 1.08 M | 0 | 34.5 B | 97.52% |
| Weighting of Top 10 | 3.04% | 1.6% | 100.0% | 99.73% |
Top 10 Holdings
- PGIM Institutional Money Market 0.87%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
- Shell PLC 0.61%
Asset Allocation
| Weighting | Return Low | Return High | PQIN % Rank | |
|---|---|---|---|---|
| Stocks | 98.93% | 0.00% | 122.60% | 34.81% |
| Cash | 0.87% | -65.15% | 100.00% | 65.01% |
| Other | 0.20% | -16.47% | 17.36% | 14.10% |
| Preferred Stocks | 0.00% | 0.00% | 1.87% | 84.07% |
| Convertible Bonds | 0.00% | 0.00% | 4.18% | 81.98% |
| Bonds | 0.00% | -10.79% | 71.30% | 82.92% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | PQIN % Rank | |
|---|---|---|---|---|
| Industrials | 20.06% | 5.17% | 99.49% | 9.71% |
| Consumer Cyclical | 12.30% | 0.00% | 36.36% | 17.82% |
| Consumer Defense | 10.13% | 0.00% | 32.29% | 39.63% |
| Healthcare | 9.18% | 0.00% | 21.35% | 82.71% |
| Real Estate | 8.95% | 0.00% | 14.59% | 0.40% |
| Basic Materials | 8.46% | 0.00% | 23.86% | 44.81% |
| Communication Services | 7.96% | 0.00% | 21.69% | 22.47% |
| Financial Services | 7.22% | 0.00% | 47.75% | 95.74% |
| Technology | 6.25% | 0.00% | 36.32% | 90.96% |
| Utilities | 5.86% | 0.00% | 13.68% | 7.71% |
| Energy | 3.61% | 0.00% | 16.89% | 73.01% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | PQIN % Rank | |
|---|---|---|---|---|
| Non US | 98.00% | 0.00% | 125.24% | 25.72% |
| US | 0.93% | -7.78% | 68.98% | 74.93% |
PQIN - Expenses
Operational Fees
| PQIN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.29% | 0.01% | 3.96% | 88.57% |
| Management Fee | 0.29% | 0.00% | 1.60% | 16.88% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | N/A | 0.01% | 1.00% | N/A |
Sales Fees
| PQIN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 3.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
| PQIN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
| PQIN Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 79.00% | 0.00% | 247.00% | 82.70% |
PQIN - Distributions
Dividend Yield Analysis
| PQIN | Category Low | Category High | PQIN % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.79% | 0.00% | 14.33% | 30.06% |
Dividend Distribution Analysis
| PQIN | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| PQIN | Category Low | Category High | PQIN % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 2.49% | -0.93% | 6.38% | 17.39% |
Capital Gain Distribution Analysis
| PQIN | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Jan 04, 2023 | $0.097 | OrdinaryDividend |
| Dec 07, 2022 | $0.526 | OrdinaryDividend |
| Sep 08, 2022 | $0.360 | OrdinaryDividend |
| Jun 07, 2022 | $0.054 | OrdinaryDividend |
| Dec 07, 2021 | $0.455 | OrdinaryDividend |
| Sep 08, 2021 | $0.320 | OrdinaryDividend |
| Jun 07, 2021 | $0.526 | OrdinaryDividend |
| Jan 05, 2021 | $0.290 | OrdinaryDividend |
| Dec 07, 2020 | $0.285 | OrdinaryDividend |
| Sep 08, 2020 | $0.244 | OrdinaryDividend |
| Jun 05, 2020 | $0.440 | OrdinaryDividend |
| Mar 06, 2020 | $0.048 | OrdinaryDividend |
| Jan 03, 2020 | $0.140 | OrdinaryDividend |
| Dec 06, 2019 | $0.466 | OrdinaryDividend |
| Sep 09, 2019 | $0.194 | OrdinaryDividend |
| Jun 07, 2019 | $0.838 | OrdinaryDividend |
| Mar 07, 2019 | $0.080 | OrdinaryDividend |
| Jan 03, 2019 | $0.065 | OrdinaryDividend |
PQIN - Fund Manager Analysis
Managers
Stephen Courtney
Start Date
Tenure
Tenure Rank
Dec 04, 2018
3.49
3.5%
Stephen Courtney is a Managing Director for QMA working within the Quantitative Equity team, where he serves as both a Senior Portfolio Manager and Co-Head of the Value strategies. In this capacity, he is responsible for portfolio management, analysis and research for the Value strategies. Prior to joining QMA, Stephen was a Director at ClearBridge Investments and its predecessor organizations, where he served as a research analyst and portfolio manager for 26 years. He earned a BA in Political Science from Boston College. He is also a member of the CFA Institute and the New York Society of Security Analysts.
Edward Lithgow
Start Date
Tenure
Tenure Rank
Dec 04, 2018
3.49
3.5%
Edward J. Lithgow is a Portfolio Manager for QMA. He manages domestic and international index funds. In addition, Mr. Lithgow also assists with portfolio management and research for QMA’s US Core Equity portfolios. Previously, he was a quantitative analyst for QMA’s US Core Equity and Index teams with responsibility for optimizing portfolios, monitoring cash flows as well as performance attribution and risk analysis. Mr. Lithgow also traded equities, currencies, and futures for QMA’s index funds. Mr. Lithgow earned a BS in Business Administration from Seton Hall University and an MBA in Finance from St. Joseph’s University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.08 | 30.35 | 6.09 | 2.92 |
