PGIM S&P 500 Buffer 12 ETF - September
Schedule of Investments  (unaudited)
as of January 31, 2026
Description     Shares Value
Long-Term Investments 103.4%
Options Purchased*~ 103.4%
(cost $15,001,359)  $15,636,617
     
 
 
Total Long-Term Investments, BEFORE OPTIONS WRITTEN 103.4%
(cost $15,001,359) 		15,636,617
Options Written*~ (4.1)%
(premiums received $630,157) (626,501)
     
 
TOTAL LONG-TERM INVESTMENTS, NET OF OPTIONS WRITTEN 99.3%
(cost $14,371,202) 		15,010,116
 
Short-Term Investment 0.7%
Affiliated Mutual Fund           
PGIM Core Government Money Market Fund (7-day effective yield 3.805%)
(cost $113,796)(wb) 		    113,796 113,796
 
TOTAL INVESTMENTS 100.0%
(cost $14,484,998) 		15,123,912
Liabilities in excess of other assets (0.0)% (6,121)
 
Net Assets 100.0% $15,117,791
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   08/31/26     $6.45   223       22  $15,226,640  
State Street SPDR S&P 500 ETF Trust Put   08/31/26     $645.05   223       22 409,977  
Total Options Purchased (cost $15,001,359)     $15,636,617  
Options Written:
Exchange Traded  
Description Call/
Put 		  Expiration
Date 		  Strike Contracts   Notional
Amount
(000)# 		  Value
State Street SPDR S&P 500 ETF Trust Call   08/31/26     $732.33   223       22  $(435,724)  
State Street SPDR S&P 500 ETF Trust Put   08/31/26     $567.64   223       22 (190,777)  
Total Options Written (premiums received $630,157)     $(626,501)  
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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