PGIM merges Jennison Focused Value mutual fund into ETF, cuts fee to 0.33%

Prudential Financial, Inc.

Prudential Financial, Inc.

PRU

0.00
  • PGIM outlined a reorganization of its Jennison equity ETF lineup into two pillars, “core” and “focused,” to streamline the platform.
  • PGIM Jennison Focused Value Fund (PJGZX) will merge into PGIM Jennison Focused Value ETF (PJFV) around Nov. 13, 2026.
  • PJFV’s expense ratio will drop to 0.33% from 0.75% around July 1, 2026; PJGZX will be liquidated post-merger.
  • PGIM Jennison International Opportunities ETF (PJIO) will be renamed and repositioned as PGIM Jennison Focused International Equity ETF around Aug. 1, 2026.
  • PGIM Jennison Better Future ETF (PJBF) will be closed and liquidated, with last trading around July 14, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. PGIM Inc. published the original content used to generate this news brief on June 15, 2026, and is solely responsible for the information contained therein.

This page is machine-translated. Sahm tries to improve but does not guarantee the accuracy and reliability of the translation, and will not be liable for any loss or damage caused by any inaccuracy or omission of the translation. *Disclaimer: The above content only represents the author's personal position and opinion and does not represent any position of Sahm Capital Financial Company and Sahm cannot confirm the authenticity, accuracy, and originality of the above content. Investors should consider the risks of investment products in light of their circumstances before making any investment decisions. When necessary, please consult a professional investment advisor. Sahm does not provide any investment advice, nor does it make any commitments and guarantees.