PGIM S&P 500 Max Buffer ETF - May
Schedule of Investments  (unaudited)
as of July 31, 2026
Description     Shares Value
Short-Term Investments 105.7%
Affiliated Mutual Fund 1.8%          
PGIM Core Government Money Market Fund (7-day effective yield 3.777%)
(cost $94,725)(wb)
    94,725  $94,725
Options Purchased*~ 103.9%          
(cost $5,507,050) 5,586,963
     
 
TOTAL INVESTMENTS, BEFORE OPTION WRITTEN 105.7%
(cost $5,601,775)
        5,681,688
Option Written*~ (5.7)%
(premiums received $281,150) (304,161)
 
TOTAL INVESTMENTS, NET OF OPTION WRITTEN 100.0%
(cost $5,320,625)
5,377,527
Liabilities in excess of other assets (0.0)% (2,278)
 
Net Assets 100.0% $5,375,249

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   04/30/27     $14.37   74       7  $5,389,342  
State Street SPDR S&P 500 ETF Trust Put   04/30/27     $718.66   74       7 197,621  
Total Options Purchased (cost $5,507,050)     $5,586,963  
Option Written:
Exchange Traded  
Description Call/
Put
  Expiration
Date
  Strike Contracts   Notional
Amount
(000)#
  Value
State Street SPDR S&P 500 ETF Trust Call   04/30/27     $768.68   74       7  $(304,161)  
(premiums received $281,150)
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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