PCI Fees and Costs — PGIM Corporate Bond 5-10 Year ETF
Data updated: 2026-07-27
The net expense ratio is 0.25%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $1K in broker commissions, 0.0016% of average net assets, and portfolio turnover was 10%.
PCI Fees and Expenses
Annual operating expenses and sales charges of PCI. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.25% |
| Fee waiver | — |
| Net expense ratio | 0.25% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
PCI Costs Over Time
On $10,000 invested in PCI, assuming 5% a year before costs, total costs come to $160 over 5 years, cutting the return by 0.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.25%) | $26 | $83 | $144 |
| Trading costs (broker commissions) | $0 | $1 | $1 |
| Lost growth on money paid in costs | $0 | $4 | $15 |
| Total costs | $26 | $87 | $160 |
| Value after costs | $10,474 | $11,489 | $12,603 |
| Impact on return, per year | 0.26% | 0.26% | 0.26% |
PCI Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending August 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0016%
- Total broker commissions: $1K
- Bought from dealers (principal trades, not a cost): $147.3M
- Portfolio turnover (prospectus): 10%
- Securities lending: none during the year
PCI Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $695 | 53.26% |
| GOLDMAN SACHS & CO. LLC | $271 | 20.77% |
| BOFA SECURITIES, INC. | $250 | 19.16% |
| CitiGroup Global Markets Inc. | $89 | 6.82% |
PCI Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $45.8M | 31.44% |
| BOFA SECURITIES, INC. | $37.1M | 25.46% |
| GOLDMAN SACHS & CO. LLC | $31.5M | 21.59% |
| MORGAN STANLEY & CO. LLC | $19.6M | 13.46% |
| WELLS FARGO SECURITIES, LLC | $6.9M | 4.73% |
| BARCLAYS CAPITAL, INC. | $1.6M | 1.08% |
| BNP PARIBAS SECURITIES CORP. | $1.1M | 0.77% |
| CitiGroup Global Markets Inc. | $1.0M | 0.69% |
| RBC CAPITAL MARKETS, LLC | $613K | 0.42% |
| Mizuho Securities USA LLC | $530K | 0.36% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.