PGIM Announces Strategic Enhancements to Equity ETF Platform

NEWARK, N.J.--(BUSINESS WIRE)--Jun 15, 2026--

PGIM, the $1.4 trillion 1 global investment management business of Prudential Financial, Inc. ( NYSE: PRU ), today announced a series of enhancements to its Jennison equity exchange-traded fund (ETF) lineup.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615232651/en/

These initiatives are intended to create a more streamlined and consistent equity ETF platform, enhancing access to Jennison’s fundamental, research-driven investment capabilities across market segments and further aligning the lineup with evolving investor demand.

The platform enhancements include:

“Investors and advisors are increasingly looking for actively managed ETFs that are low-cost, clearly defined, and easy to implement across portfolios,” said Stuart Parker, head of Global Wealth, PGIM. “These enhancements reflect our commitment to meeting that demand by delivering a competitively priced and comprehensive ETF platform.”

These efforts come after the recent launch of the PGIM Jennison U.S. Core Equity ETF (PJUS). The ~100-stock core portfolio is informed by Jennison’s fundamental, bottom-up investment approach, which emphasizes in-depth research and security selection while maintaining disciplined control of factor and risk exposures.

Overall, the platform enhancements will result in a streamlined equity ETF lineup that’s organized around two distinct investment styles: core and focused. Core strategies are designed to provide diversified core equity market exposure, while focused strategies will offer complementary higher-conviction portfolios in each market segment.

“For more than five decades, Jennison has been built on the conviction that rigorous, bottom-up fundamental research is the foundation of long-term outperformance,” said Ken Moore, head of Jennison. “By streamlining and expanding our ETF lineup, we are making Jennison’s research-driven investment capabilities more accessible to a broader set of investors.”

PGIM’s ETF platform offers over 60 actively managed ETFs across equity and fixed income asset classes. PGIM is the 11th-largest active ETF provider 2 with $27 billion in assets under management. 1

Founded in 1969, Jennison manages $190 billion in client assets across a range of equity and fixed income investment strategies. 1 Original fundamental research, specialized investment teams, strong client focus, and highly experienced investment professionals are among the firm’s competitive distinctions.

Learn more about PGIM’s growing lineup of actively managed ETFs at pgim.com.

ABOUT PGIM

PGIM is the global asset management business of Prudential Financial, Inc. ( NYSE: PRU ), with $1.4 trillion in assets under management. 1 PGIM offers clients deep expertise across public and private asset classes, delivering a diverse range of investment strategies and tailored solutions — including fixed income, equities, real estate and alternatives. With 1,500+ investment professionals across 40 offices in 20 countries, we serve retail and institutional clients worldwide. For more information visit pgim.com.

Prudential Financial, Inc. (PFI) of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom, or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom. For more information please visit news.prudential.com.

Jennison Associates is a registered investment advisor under the U.S. Investment Advisers Act of 1940, as amended, and a Prudential Financial company. Registration as a registered investment adviser does not imply a certain level or skill or training.

Jennison Associates LLC has not been licensed or registered to provide investment services in any jurisdiction outside the United States. Certain investment vehicles are distributed or offered through Prudential Investment Management Services LLC (also a Prudential Financial Company) or other affiliated entities. Additionally, vehicles may not be registered or available for investment in all jurisdictions. Please visit jennison.com/important-disclosures for important information, including information on non-U.S. jurisdictions.

Jennison Focused Value ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Equity and equity-related securities may be subject to changes in value, and their values may be more volatile than those of other asset classes. Value style investing may be out of favor for long periods of time, and the market may not recognize a security’s intrinsic value for a long time or at all. Foreign securities are subject to currency fluctuations and political uncertainty. Large-capitalization companies go in and out of favor based on market and economic conditions; the Fund’s value may not rise or fall as much as the value of funds that emphasize companies with smaller market capitalizations. At times, the Fund may have a significant portion of its assets invested in the same economic sector, making the Fund more vulnerable to developments in that sector. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the Fund’s prospectus.

Jennison International Opportunities ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Growth-style investing may subject the Fund to above-average fluctuations as a result of seeking higher than average capital growth. Equity and equity-related securities may be subject to changes in value, and their values may be more volatile than those of other asset classes. Foreign securities are subject to currency fluctuations and political uncertainty. Emerging market investments are subject to greater volatility and price declines. Geographic concentration may cause the Fund’s performance to be closely tied to the market, economic, political, regulatory or other conditions in the countries or regions in which the Fund invests. At times, the Fund may have a significant portion of its assets invested in the same economic sector, making the Fund more vulnerable to developments in that sector. As a non-diversified fund, investments in the Fund involve greater risk than investing in a diversified fund because a loss resulting from the decline in value of any one security may represent a greater portion of the total assets of a non-diversified fund. Investments in currency may result in a decline in the Fund’s net asset value due to changes in exchange rates. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the Fund’s prospectus.

PGIM Jennison U.S. Core Equity ETF Risk Disclosure

As an actively managed exchange-traded fund (ETF), risks of investing in the Fund include, but are not limited to the following: The Fund is subject to authorized participant concentration risk and the risks of transacting in cash versus in-kind. ETFs may trade at a premium or discount to net asset value and may lack an active trading market. Additional costs may be incurred when transacting through a broker. Equity and equity-related securities may be subject to changes in value, and their values may be more volatile than those of other asset classes. The Fund’s blend investment style may subject the Fund to the risks of both value and growth investing. Large-capitalization companies go in and out of favor based on market and economic conditions; the Fund’s value may not rise or fall as much as the value of funds that emphasize companies with smaller market capitalizations. As a non-diversified fund, investments in the Fund involve greater risk than investing in a diversified fund because a loss resulting from the decline in value of any one security may represent a greater portion of the total assets of a non-diversified fund. The Fund’s concentration in certain securities may cause the Fund to be adversely affected by the performance of those securities. Foreign securities are subject to currency fluctuations and political uncertainty. The Fund has a limited operating history and investment positions may have a disproportionate impact on performance. Derivatives may carry market, credit and liquidity risks. The Fund uses quantitative models. Securities or other investments selected using quantitative models may perform differently from the market or from expected performance. There is no assurance that these methodologies will produce the desired results or enable the Fund to meet its objective. There is no guarantee the Fund’s objective will be achieved. Risks are more fully explained in the Fund’s prospectus.

Consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. Contact your financial professional for a prospectus and summary prospectus. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC, member FINRA and SIPC. PGIM Investments is a registered investment advisor and investment manager to PGIM registered investment companies. Jennison Associates (Jennison) is a registered investment advisor. All are Prudential Financial affiliates. PGIM is the principal asset management business of Prudential Financial, Inc. (PFI), and a trading name of PGIM, Inc. and its global subsidiaries and affiliates. © 2026 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, Jennison Associates, Jennison, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

INVESTMENT PRODUCTS | Are not insured by the FDIC or any federal government agency | May lose value | Are not a deposit of or guaranteed by any bank or any bank affiliate

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“For more than five decades, Jennison has been built on the conviction that rigorous, bottom-up fundamental research is the foundation of long-term outperformance.” --Ken Moore, Head of Jennison

“Investors and advisors are increasingly looking for actively managed ETFs that are low cost, clearly defined, and easy to implement across portfolios.” --Stuart Parker, Head of Global Wealth, PGIM

ATLANTA--(BUSINESS WIRE)--Jun 15, 2026--

Carter’s Inc. (NYSE:CRI), North America’s largest and most-enduring apparel company exclusively for babies and young children, today announced the launch of “Dadfirmations”—a first-of-its-kind national hotline designed to uplift dads ahead of Father’s Day through heartfelt messages from the people who matter most: their kids.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260615222874/en/

Today’s dads are stepping up in meaningful ways, but like all parents, they’re also navigating a constant learning curve. That journey often comes with feelings of self-doubt—and new research from Carter’s shows many dads are quietly questioning whether they’re doing a good job.

According to the findings, nearly 3 in 4 dads (74%) admit to doubting themselves as a parent, 59% say they’ve compared themselves to other dads, and 84% feel pressured to seem like they "have it all together.”

Carter’s knows parenting is a journey, so ahead of Father’s Day, the brand is inviting children across the country to share words of encouragement, appreciation, and advice for dads and father figures through “Dadfirmations.” From June 16 through June 21, kids can call 1-844 ‑ DADS-RULE to record a short message sharing why their dad is special and celebrating the everyday moments that make him great. Then, on June 21, dads can dial the same number to hear a rotating collection of these uplifting messages—real kids delivering real reminders that dads are, in fact, showing up in meaningful ways.

And as it turns out, this is exactly what dads want most: When asked what they want for Father’s Day this year, 65% said “words of affirmation.”

“Today’s dads are more engaged than ever, but like every parent and partner, they’re also learning and growing every day,” said Sarah Crockett, Chief Marketing Officer at Carter’s, Inc. “No one has all the answers when it comes to parenting. The reality is, we’re all just figuring it out as we go, and moments of uncertainty are simply part of the journey. With ‘Dadfirmations,’ Carter’s is offering a meaningful boost of encouragement to help dads keep showing up with confidence.”

In addition to the national hotline, kids and families can also record “Dadfirmations” in person at select Carter’s stores from June 16 to June 21 in the following locations: Gastonia, NC; Atlanta, GA; Schaumburg, IL; Freehold, NJ; Stoneham, MA; Tustin, CA and Frisco, TX.

Survey Methodology

The Carter's Dad Confidence Survey was conducted online by the Carter’s consumer insights team among 201 U.S. fathers with children under the age of 10. The survey explored attitudes, behaviors, and perceptions related to modern fatherhood.

About Carter’s, Inc.

Carter’s, Inc. is North America’s largest and most-enduring apparel company exclusively for babies and young children. The Company’s core brands are Carter’s and OshKosh B’gosh, iconic and among the sector’s most trusted names. These brands are sold through more than 1,000 Company-operated stores in the United States, Canada, and Mexico, and online at www.carters.com, www.oshkosh.com, www.cartersoshkosh.ca, and www.carters.com.mx. Carter’s also is the largest supplier of baby and young children’s apparel to North America’s biggest retailers. The Company’s Child of Mine brand is available exclusively at Walmart, its Just One You brand is available at Target, and its Simple Joys brand is available on Amazon.com. The Company’s emerging brands include Little Planet, crafted with organic fabrics and sustainable materials, Otter Avenue, a toddler-focused apparel brand, and Skip Hop, baby essentials from tubs to toys. Carter’s is headquartered in Atlanta, Georgia. Additional information may be found at www.carters.com.

Families can call 844-DADS-RULE to leave a special Father's Day message.