Key stats
About PGIM ETF Trust PGIM Short Duration High Yield ETF
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Inception date
Dec 19, 2023
Structure
Open-Ended Fund
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
PSH aims to generate total return by investing in a diversified range of below investment grade fixed income securities issued by companies and governments globally. This may include bonds, debentures, notes, commercial paper, floating rate or variable rate securities, and other debt instruments with similar economic characteristics and of comparable quality. Focusing mainly on high yield bonds, the funds selection process combines top-down economic analysis and bottom-up research, allowing it to identify attractive opportunities. The sub-adviser evaluates economic trends and assesses the financial health of issuers, using proprietary models to inform their decisions. PSH may also employ derivatives and hedging strategies to optimize returns and mitigate risk. The fund strives to maintain a weighted average portfolio duration of three years or less.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate80.23%
Government8.26%
Miscellaneous4.10%
ETF3.44%
Cash3.19%
Securitized0.79%
Top 10 holdings
Dividends
Dividend payout history