PGIM Laddered S&P 500 Buffer 20 ETF

Schedule of Investments  (unaudited)

as of July 31, 2025

Description			Shares		Value
Long-Term Investments 99.8%
Affiliated Exchange-Traded Funds
PGIM S&P 500 Buffer 20 ETF - January*				154,947	$4,552,730
PGIM S&P 500 Buffer 20 ETF - February*				157,553	4,558,922
PGIM S&P 500 Buffer 20 ETF - March*				158,605	4,621,734
PGIM S&P 500 Buffer 20 ETF - April*				162,531	4,530,682
PGIM S&P 500 Buffer 20 ETF - May*				159,003	4,605,522
PGIM S&P 500 Buffer 20 ETF - June*				162,954	4,689,001
PGIM S&P 500 Buffer 20 ETF - July*				162,153	4,653,921
PGIM S&P 500 Buffer 20 ETF - August*				161,974	4,645,414
PGIM S&P 500 Buffer 20 ETF - September*				162,368	4,573,014
PGIM S&P 500 Buffer 20 ETF - October*				163,006	4,559,229
PGIM S&P 500 Buffer 20 ETF - November*				163,337	4,618,664
PGIM S&P 500 Buffer 20 ETF - December*				164,385	4,560,204
Total Long-Term Investments (cost $52,252,703)					55,169,037
Short-Term Investment 0.2%
Affiliated Mutual Fund
PGIM Core Government Money Market Fund (7-day effective yield 4.492%) (cost $110,211)				110,211	110,211
TOTAL INVESTMENTS 100.0% (cost $52,362,914)(wa)					55,279,248
Other assets in excess of liabilities 0.0%					427
Net Assets 100.0%					$55,279,675

Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings:

    

	ETF—Exchange-Traded Fund
	S&P—Standard & Poor’s

    

*	Non-income producing security.
(wa)	Represents investments in Funds affiliated with the Manager.

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).

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