PGIM S&P 500 Buffer 12 ETF - August
Schedule of Investments  (unaudited)
as of January 31, 2026
Description     Shares Value
Short-Term Investments 104.1%
Affiliated Mutual Fund 0.9%          
PGIM Core Government Money Market Fund (7-day effective yield 3.805%)
(cost $125,498)(wb)
    125,498  $125,498
Options Purchased*~ 103.2%          
(cost $13,821,066) 14,566,416
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN104.1%
(cost $13,946,564)
        14,691,914
Options Written*~ (4.1)%
(premiums received $555,877) (571,201)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN100.0%
(cost $13,390,687)
14,120,713
Liabilities in excess of other assets (0.0)% (5,810)
 
Net Assets 100.0% $14,114,903

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
SPDR—Standard & Poor’s Depositary Receipts
    
* Non-income producing security.
# Principal or notional amount is shown in U.S. dollars unless otherwise stated.
~ See tables subsequent to the Schedule of Investments for options detail.  
(wb) Represents an investment in a Fund affiliated with the Manager. 
Options Purchased:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
State Street SPDR S&P 500 ETF Trust Call   07/31/26     $6.32   209       21  $14,269,053  
State Street SPDR S&P 500 ETF Trust Put   07/31/26     $632.08   209       21 297,363  
Total Options Purchased (cost $13,821,066)     $14,566,416  
Options Written:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
State Street SPDR S&P 500 ETF Trust Call   07/31/26     $721.01   209       21  $(436,584)  
State Street SPDR S&P 500 ETF Trust Put   07/31/26     $556.23   209       21 (134,617)  
Total Options Written (premiums received $555,877)     $(571,201)  
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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