# EDGAR Filing Document

**Accession Number:** 0001727074
**File Stem:** 0001683863-23-002237
**Filing Date:** 2023-3
**Character Count:** 3207
**Document Hash:** 0240960ec448d13b8fb42c180501ef36
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683863-23-002237.hdr.sgml**: 20230316

**ACCESSION NUMBER**: 0001683863-23-002237

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 2

**FILED AS OF DATE**: 20230316

**DATE AS OF CHANGE**: 20230316

**EFFECTIVENESS DATE**: 20230316

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PGIM ETF TRUST
- **CENTRAL INDEX KEY:** 0001727074
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-222469
- **FILM NUMBER:** 23737988

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 367-8982

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 17TH FLOOR
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

## Series and Classes Contracts Data

### PGIM Active High Yield Bond ETF (Series ID: S000063094)

| Class ID   | Class Name                      | Ticker Symbol   |
|:---|:---|:---|
| C000204602 | PGIM Active High Yield Bond ETF | PHYL            |

![](gdq6scquknxegfisf75nu.jpg)

**PGIM ETF Trust**

PGIM Active High Yield Bond ETF

**(the "Fund")**

**Supplement dated March 16, 2023**

**to the Fund's Currently Effective Summary Prospectus and Prospectus**

You should read this Supplement in conjunction with the Fund's Summary Prospectus and Prospectus and retain it for

future reference.

Effective immediately, Mr. Brian Lalli is added to the Fund's portfolio management team.

To reflect this change, the Fund's Summary Prospectus and Prospectus are hereby revised as follows effective immediately:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1.The table in the section of the Fund's Summary Prospectus and Prospectus entitled "Management of the Fund" is hereby revised by adding the information set forth below with respect to Mr. Lalli:

---

| | | | | |
|:---|:---|:---|:---|:---|
| &nbsp;&nbsp;**Investment** | &nbsp;&nbsp;**Subadviser** | &nbsp;&nbsp;**Portfolio** | **Title** | **Service Date** |
| &nbsp;&nbsp;**Managers** |  | &nbsp;&nbsp;**Managers** |  |  |
| &nbsp;&nbsp;PGIM Investments | &nbsp;&nbsp;PGIM Fixed | &nbsp;&nbsp;Brian Lalli | Principal and Portfolio | March 2023 |
| &nbsp;&nbsp;LLC | &nbsp;&nbsp;Income |  | Manager |  |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2.The section of the Fund's Prospectus entitled "How the Fund is Managed – Portfolio Managers", is hereby revised by adding the following professional biography for Mr. Lalli:

Brian Lalli is a Principal and portfolio manager for PGIM Fixed Income's U.S. High Yield Bond Team. Previously, Mr. Lalli was a credit analyst for PGIM Fixed Income's U.S. Leveraged Finance Credit Research team. Prior to joining the Firm in 2020, Mr. Lalli was a Director at Barclays, covering several high yield and investment grades sectors as a senior credit analyst since 2010. Mr. Lalli received a BS in Business and Technology and a minor in Economics from Stevens Institute of Technology.

LR1427