PGIM S&P 500 Buffer 20 ETF - March
Schedule of Investments  (unaudited)
as of January 31, 2026
Description     Shares Value
Short-Term Investments 106.1%
Affiliated Mutual Fund 0.5%          
PGIM Core Government Money Market Fund (7-day effective yield 3.805%)
(cost $88,215)(wb)
    88,215  $88,215
Options Purchased*~ 105.6%          
(cost $15,301,099) 17,166,296
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN106.1%
(cost $15,389,314)
        17,254,511
Options Written*~ (6.1)%
(premiums received $522,462) (985,028)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN100.0%
(cost $14,866,852)
16,269,483
Liabilities in excess of other assets (0.0)% (6,884)
 
Net Assets 100.0% $16,262,599

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   02/27/26     $5.94   250       25  $17,149,876  
State Street SPDR S&P 500 ETF Trust Put   02/27/26     $594.18   250       25 16,420  
Total Options Purchased (cost $15,301,099)     $17,166,296  
Options Written:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
State Street SPDR S&P 500 ETF Trust Call   02/27/26     $657.94   250       25  $(982,155)  
State Street SPDR S&P 500 ETF Trust Put   02/27/26     $475.34   250       25 (2,873)  
Total Options Written (premiums received $522,462)     $(985,028)  
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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