PGIM Jennison International Opportunities ETF
PJIO
New York Stock Exchange Arca- -
USD
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- -
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 - Global
- Address
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Dec 19, 2023
- Website
- pgim.com
- Similar Companies
- Business
- PGIM Jennison International Opportunities ETF (PJIO) is an actively managed exchange-traded fund that seeks long-term growth of capital by investing the majority of its net assets in equity and equity-related securities of non-U.S. companies located in developed and emerging markets worldwide, including those classified by MSCI as emerging and frontier markets; the fund employs a combination of fundamental research and systematic portfolio construction, without seeking to replicate any specified index, and features sector allocations such as information technology (26.0%), consumer discretionary (22.9%), industrials (17.5%), communication services (12.7%), and healthcare (12.4%), with key holdings including Taiwan Semiconductor Manufacturing (9.1%), Safran (5.8%), Shopify (5.6%), Rheinmetall AG (4.9%), and Spotify Technology (4.1%). PJIO trades on the NYSE Arca exchange under ticker PJIO with CUSIP 69344A818, an annual expense ratio of 0.90%, a 12-month turnover ratio of 36%, and net assets of approximately $30 million as of late 2025; it benchmarks against the MSCI ACWI ex USA Index and targets institutional and retail investors seeking exposure to high-conviction international growth opportunities in regions including France (17.1%), Germany (11.8%), Taiwan (9.1%), Canada (7.0%), and the Netherlands (6.9%). Launched on December 14, 2023, as part of PGIM's expansion into actively managed ETFs subadvised by Jennison Associates—a unit of PGIM, the global investment management business of Prudential Financial, Inc., headquartered in Newark, New Jersey—the fund mirrors the strategy of the $4.1 billion PGIM Jennison International Opportunities mutual fund and is managed by portfolio managers Mark Baribeau, Thomas Davis, and Jason McManus. In recent developments, PJIO has demonstrated portfolio growth with year-to-date NAV returns of around 18% as of December 2025 and initiated its first dividend distribution of $0.1135 per share in January 2025, reflecting operational maturity since its inception less than two years ago; the fund maintains a low beta of 0.94 and standard deviation of 0.72 since launch, underscoring its focus on quality growth companies with competitive advantages and attractive valuations amid global market dynamics.