PGIM Jennison Better Future ETF
PJBF
Chicago Board Options Exchange- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Dec 19, 2023
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Jennison Better Future ETF (PJBF) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing at least 80% of its investable assets in equity and equity-related securities of companies that help address, or are anticipated to help address, social and environmental challenges aligned with the United Nations Sustainable Development Goals, based on the subadviser's proprietary research and portfolio construction process. The fund follows a growth investment style with a concentrated portfolio typically comprising a limited number of issuers across sectors such as information technology (47.9%), consumer discretionary (18.8%), healthcare (10.8%), communication services (9.0%), and financials (7.6%); top holdings include NVIDIA (9.2%), Alphabet Class A (9.0%), Microsoft (6.7%), Galderma Group AG (5.3%), and Amazon.com (5.2%). Geographically, it maintains primary exposure to the United States (65.7%), with additional allocations to Switzerland (7.4%), Taiwan (4.9%), France (4.8%), and Canada (4.7%), among others; the fund benchmarks against the MSCI All Country World Index and charges a net expense ratio of 0.59%. PJBF, part of PGIM ETF Trust, was launched on December 14, 2023, and trades on the Cboe BZX exchange under ticker PJBF (CUSIP 69344A826); it is issued by PGIM Investments, with subadvisory from Jennison Associates LLC, founded in 1969 and headquartered in New York, and portfolio management by Mark Baribeau, CFA (Head of Global Equity), Rebecca Irwin (Global Portfolio Manager and Research Analyst), and Jason T. McManus (Quantitative Portfolio Manager). The fund targets institutional and retail investors seeking thematic exposure to sustainable growth companies contributing to areas like health and wellness, technological advances for productivity and economic inclusion, and climate action. Recent developments include PGIM Investments' expansion of its active ETF lineup with the December 2023 launch of PJBF alongside three other funds—PGIM Jennison International Opportunities ETF (PJIO), PGIM Jennison Focused Mid-Cap ETF (PJFM), and PGIM Short Duration High Yield ETF (PSH)—as part of a strategic push into high-conviction, transparent equity and fixed income strategies subadvised by Jennison Associates. As of December 2025, the fund manages approximately $10.6 million in net assets with 170,000 shares outstanding and a 12-month turnover ratio of 138%; it earned recognition through PGIM's #4 ranking in Barron’s Best Fund Families for the one-year period ended December 31, 2024. No major acquisitions, funding rounds, or reorganizations have been reported in the last two years.