PGIM S&P 500 Quarterly Buffer 5 ETF
Schedule of Investments  (unaudited)
as of July 31, 2026
Description     Shares Value
Short-Term Investments 101.3%
Affiliated Mutual Fund 1.2%          
PGIM Core Government Money Market Fund (7-day effective yield 3.777%)
(cost $23,688)(wb)
    23,688  $23,688
Options Purchased*~ 100.1%          
(cost $2,024,476) 2,012,190
     
 
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN 101.3%
(cost $2,048,164)
        2,035,878
Options Written*~ (1.3)%
(premiums received $47,881) (25,694)
 
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN 100.0%
(cost $2,000,283)
2,010,184
Liabilities in excess of other assets (0.0)% (851)
 
Net Assets 100.0% $2,009,333

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   09/30/26     $14.94   27       3  $1,970,341  
State Street SPDR S&P 500 ETF Trust Put   09/30/26     $746.77   27       3 41,849  
Total Options Purchased (cost $2,024,476)     $2,012,190  
Options Written:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
State Street SPDR S&P 500 ETF Trust Call   09/30/26     $787.39   27       3  $(7,076)  
State Street SPDR S&P 500 ETF Trust Put   09/30/26     $709.43   27       3 (18,618)  
Total Options Written (premiums received $47,881)     $(25,694)  
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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