{"id":969828,"date":"2026-06-02T21:36:36","date_gmt":"2026-06-03T01:36:36","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-announces-net-asset-value-restatement-for-three-exchange-traded-funds-pab-psdm-ptrb\/"},"modified":"2026-06-02T21:36:36","modified_gmt":"2026-06-03T01:36:36","slug":"pgim-announces-net-asset-value-restatement-for-three-exchange-traded-funds-pab-psdm-ptrb","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-announces-net-asset-value-restatement-for-three-exchange-traded-funds-pab-psdm-ptrb\/","title":{"rendered":"PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB)"},"content":{"rendered":"<p>        <!--.bwalignl { text-align: left }\n.bwblockalignl { margin-left: 0px; margin-right: auto }\n.bwcellpmargin { margin-bottom: 0px; margin-top: 0px }\n.bwleftsingle { border-left: solid black 1pt }\n.bwpadb3 { padding-bottom: 4px }\n.bwpadl0 { padding-left: 0px }\n.bwpadr0 { padding-right: 0px }\n.bwrightsingle { border-right: solid black 1pt }\n.bwrowaltcolor1 { background-color: #d3d3d3 }\n.bwsinglebottom { border-bottom: solid black 1pt }\n.bwtablemarginb { margin-bottom: 10px }\n.bwtopsingle { border-top: solid black 1pt }\n.bwvertalignb { vertical-align: bottom }\n.bwvertalignt { vertical-align: top }\n.bwwidth100 { width: 100% }\n.bwwidth20 { width: 20% }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB)<\/b><\/p>\n<p>NEWARK, N.J.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2Fus%2Fen%2Finstitutional&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=PGIM&amp;index=1&amp;md5=e3cdcb5d41f3b1c11e8e856b81774cf1\">PGIM<\/a>,<sup>1<\/sup> the $1.4 trillion global asset management business of Prudential Financial, Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Finvestor.prudential.com%2Foverview%2Fdefault.aspx&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=NYSE%3A+PRU&amp;index=2&amp;md5=99683bf27127bc03024b9460cdf5b834\">NYSE: PRU<\/a>) announces that the previously disclosed net asset value (NAV) per share of the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2Fus%2Fen%2Fintermediary%2Finvestment-capabilities%2Fproducts%2Fetf%2Fpgim-active-aggregate-bond-etf&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=PGIM+Active+Aggregate+Bond+ETF&amp;index=3&amp;md5=64126d5496171274fec01f6a05822f7c\">PGIM Active Aggregate Bond ETF<\/a> (PAB), <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2Fus%2Fen%2Findividual%2Finvestment-capabilities%2Fproducts%2Fetf%2Fpgim-short-duration-multi-sector-bond-etf&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=PGIM+Short+Duration+Multi-Sector+Bond+ETF&amp;index=4&amp;md5=0340c773cd7be0a7baa4d4457b19bb7f\">PGIM Short Duration Multi-Sector Bond ETF<\/a> (PSDM) and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2Fus%2Fen%2Fintermediary%2Finvestment-capabilities%2Fproducts%2Fetf%2Fpgim-total-return-bond-etf&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=PGIM+Total+Return+Bond+ETF&amp;index=5&amp;md5=5ed9e970bb63e4da58716f84c3ef59f2\">PGIM Total Return Bond ETF <\/a>(PTRB) for May 29, 2026, was restated by the amount indicated below on June 1, 2026. This restatement is the result of an accounting error in calculating each exchange-traded fund\u2019s NAV by a third-party administrator. Upon detecting the issue, PGIM acted promptly to direct the third-party fund administrator to correct the error.<\/p>\n<table cellspacing=\"0\" class=\"bwtablemarginb bwblockalignl bwwidth100\">\n<tr>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth20 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nFund<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nExchange<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nTicker<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nRevised NAV<\/p>\n<\/td>\n<td class=\"bwvertalignt bwtopsingle bwsinglebottom bwrightsingle bwpadl0 bwwidth20 bwrowaltcolor1\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nOriginal NAV<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPGIM Active Aggregate Bond ETF (PAB)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNYSE Arca, Inc.<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPAB<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwvertalignt bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$42.13264<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwvertalignb bwpadb3 bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$42.88141\u00a0<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPGIM Short Duration Multi-Sector Bond ETF (PSDM)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nCboe BZX Exchange, Inc.<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPSDM<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwvertalignt bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$51.03433<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwvertalignt bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$51.36878<\/p>\n<\/td>\n<\/tr>\n<tr>\n<td class=\"bwvertalignt bwsinglebottom bwleftsingle bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPGIM Total Return Bond ETF (PTRB)<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nNYSE Arca, Inc.<\/p>\n<\/td>\n<td class=\"bwvertalignt bwsinglebottom bwrightsingle bwpadl0 bwwidth20\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin\">\nPTRB<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwvertalignt bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$41.47636<\/p>\n<\/td>\n<td class=\"bwsinglebottom bwrightsingle bwpadl0 bwpadr0 bwpadb3 bwvertalignt bwwidth20 bwalignl\" rowspan=\"1\" colspan=\"1\">\n<p class=\"bwcellpmargin bwalignl\">\n$41.79489<\/p>\n<\/td>\n<\/tr>\n<\/table>\n<p>\nShareholders with questions regarding the restatement are encouraged to contact their financial advisor or PGIM at (888)-247-8090 or <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=pgim.com&amp;index=6&amp;md5=5f55b6589bcb265c8e34d227e31c2b19\">pgim.com<\/a>.<\/p>\n<p><b>ABOUT PGIM<br \/>\n<br \/><\/b><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=PGIM&amp;index=7&amp;md5=727dc80e1bcc75797d0303de21a1318f\">PGIM<\/a>, the global asset management business of Prudential Financial, Inc. (<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fcorporate.prudential.com%2Fview%2Fpage%2Fcorp%2F31826&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=NYSE%3A+PRU&amp;index=8&amp;md5=c19102c1516b8c76fe680dfaa959721b\">NYSE: PRU<\/a>) is built on a 150-year legacy of strength, stability, and disciplined risk management through more than 30 market cycles. Managing $1.4 trillion in assets,<sup>1<\/sup> PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions \u2014 including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=pgim.com&amp;index=9&amp;md5=7eb48f6558444535f0bb7afc43409791\">pgim.com<\/a>.<\/p>\n<p>\nPrudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&amp;G plc, incorporated in the United Kingdom. For more information please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fnews.prudential.com&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=news.prudential.com&amp;index=10&amp;md5=496e83bab5d28832a0443d07da998dc0\">news.prudential.com<\/a>.<\/p>\n<p><sup>1 <\/sup>As of March 31, 2026<\/p>\n<p>\nInvestment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC.<\/p>\n<p>\n\u00a92026 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.<\/p>\n<p>\nInvesting in exchange-traded funds (ETFs) involves risks, including the possible loss of principal. ETF shares may trade at a premium or discount to net asset value and may be affected by market volatility and liquidity conditions. Actively managed ETFs are subject to management risk, meaning investment decisions may not produce the intended results.<\/p>\n<p><b>INVESTMENT PRODUCTS<\/b> | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed<\/p>\n<p><b>CONNECT WITH US:<br \/>\n<br \/><\/b>Visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.pgim.com%2F&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=pgim.com&amp;index=11&amp;md5=6b7f4aa8161582c9a82d42ce3b03fdab\">pgim.com<br \/>\n<\/a><br \/>Follow on <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.linkedin.com%2Fcompany%2Fpgim%2F&amp;esheet=54546781&amp;newsitemid=20260602253408&amp;lan=en-US&amp;anchor=LinkedIn&amp;index=12&amp;md5=d38dc478578645cbe458b19838d340be\">LinkedIn<\/a><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20260602253408r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20260602253408\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20260602253408\/en\/<\/a><\/span><\/p>\n<p><b>MEDIA CONTACT:<br \/>\n<\/b><br \/>Travis Fishstein<br \/>\n<br \/>+1 973-382-6093<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:travis.fishstein@pgim.com\">travis.fishstein@pgim.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> New Jersey United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Asset Management Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20260602253408\/en\/2770074\/3\/PGIM_Logo_2025_RGB_Navy.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB) NEWARK, N.J.&#8211;(BUSINESS WIRE)&#8211;PGIM,1 the $1.4 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU) announces that the previously disclosed net asset value (NAV) per share of the PGIM Active Aggregate Bond ETF (PAB), PGIM Short Duration Multi-Sector Bond ETF (PSDM) and PGIM Total Return Bond ETF (PTRB) for May 29, 2026, was restated by the amount indicated below on June 1, 2026. This restatement is the result of an accounting error in calculating each exchange-traded fund\u2019s NAV by a third-party administrator. Upon detecting the issue, PGIM acted promptly to direct the third-party fund administrator to correct the error. Fund Exchange Ticker Revised NAV Original NAV &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-announces-net-asset-value-restatement-for-three-exchange-traded-funds-pab-psdm-ptrb\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB)&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-969828","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB) - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/pgim-announces-net-asset-value-restatement-for-three-exchange-traded-funds-pab-psdm-ptrb\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB) - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"PGIM Announces Net Asset Value Restatement for Three Exchange-Traded Funds (PAB, PSDM, PTRB) NEWARK, N.J.&#8211;(BUSINESS WIRE)&#8211;PGIM,1 the $1.4 trillion global asset management business of Prudential Financial, Inc. (NYSE: PRU) announces that the previously disclosed net asset value (NAV) per share of the PGIM Active Aggregate Bond ETF (PAB), PGIM Short Duration Multi-Sector Bond ETF (PSDM) and PGIM Total Return Bond ETF (PTRB) for May 29, 2026, was restated by the amount indicated below on June 1, 2026. This restatement is the result of an accounting error in calculating each exchange-traded fund\u2019s NAV by a third-party administrator. Upon detecting the issue, PGIM acted promptly to direct the third-party fund administrator to correct the error. 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(NYSE: PRU) announces that the previously disclosed net asset value (NAV) per share of the PGIM Active Aggregate Bond ETF (PAB), PGIM Short Duration Multi-Sector Bond ETF (PSDM) and PGIM Total Return Bond ETF (PTRB) for May 29, 2026, was restated by the amount indicated below on June 1, 2026. This restatement is the result of an accounting error in calculating each exchange-traded fund\u2019s NAV by a third-party administrator. Upon detecting the issue, PGIM acted promptly to direct the third-party fund administrator to correct the error. 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