PJFG Fees and Costs — PGIM Jennison Focused Growth ETF
Data updated: 2026-07-27
The net expense ratio is 0.75%. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0030% of average net assets, and portfolio turnover was 37%.
PJFG Fees and Expenses
Annual operating expenses and sales charges of PJFG. Prospectus, as of August 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.75% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.00% |
| Gross expense ratio | 0.75% |
| Fee waiver | — |
| Net expense ratio | 0.75% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PJFG Costs Over Time
On $10,000 invested in PJFG, assuming 5% a year before costs, total costs come to $473 over 5 years, cutting the return by 0.79% 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 0.75%) | $79 | $246 | $428 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $12 | $43 |
| Total costs | $79 | $260 | $473 |
| Value after costs | $10,421 | $11,317 | $12,289 |
| Impact on return, per year | 0.79% | 0.79% | 0.79% |
PJFG 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): 0.0030%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $70.1M
- Portfolio turnover (prospectus): 37%
- Securities lending: none during the year
PJFG Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Jane Street Execution Services, LLC | $1K | 33.34% |
| CitiGroup Global Markets Inc. | $588 | 17.14% |
| J.P. MORGAN SECURITIES LLC | $565 | 16.47% |
| GOLDMAN SACHS & CO. LLC | $403 | 11.75% |
| BOFA SECURITIES, INC. | $322 | 9.39% |
| MORGAN STANLEY & CO. LLC | $118 | 3.44% |
| UBS Securities LLC | $88 | 2.56% |
| STONEX FINANCIAL INC. | $84 | 2.45% |
| RBC CAPITAL MARKETS, LLC | $77 | 2.24% |
| VIRTU AMERICAS LLC | $42 | 1.22% |
PJFG Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $38.8M | 55.36% |
| Jane Street Execution Services, LLC | $27.2M | 38.87% |
| GOLDMAN SACHS & CO. LLC | $4.0M | 5.76% |
| THE BANK OF NEW YORK MELLON | $6K | 0.01% |
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.