PGIM Nasdaq-100 Buffer 12 ETF - January
Schedule of Investments  (unaudited)
as of January 31, 2026
Description     Shares Value
Short-Term Investments 106.6%
Affiliated Mutual Fund 0.9%          
PGIM Core Government Money Market Fund (7-day effective yield 3.805%)
(cost $209,113)(wb)
    209,113  $209,113
Options Purchased*~ 105.7%          
(cost $22,850,297) 22,957,341
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN106.6%
(cost $23,059,410)
        23,166,454
Options Written*~ (6.6)%
(premiums received $1,412,772) (1,434,207)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN100.0%
(cost $21,646,638)
21,732,247
Liabilities in excess of other assets (0.0)% (8,163)
 
Net Assets 100.0% $21,724,084

* 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
Invesco QQQ Trust, Series 1 Call   12/31/26     $6.14   351       35  $21,522,860  
Invesco QQQ Trust, Series 1 Put   12/31/26     $614.31   351       35 1,434,481  
Total Options Purchased (cost $22,850,297)     $22,957,341  
Options Written:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
Invesco QQQ Trust, Series 1 Call   12/31/26     $718.13   351       35  $(672,913)  
Invesco QQQ Trust, Series 1 Put   12/31/26     $540.59   351       35 (761,294)  
Total Options Written (premiums received $1,412,772)     $(1,434,207)  
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).
1