The fund seeks to achieve its objective by investing in fixed income instruments, whereby issuers borrow money from investors in return for either a fixed or variable rate of interest and eventual repayment of the amount borrowed. The fund invests, under normal circumstances, at least 80% of its investable assets in fixed income instruments with varying maturities.
Frequently asked questions
What is the PGIM Short Duration Multi-Sector Bond ETF (PSDM) expense ratio?
The PGIM Short Duration Multi-Sector Bond ETF funds expense ratio is 0.4%.
What is PGIM Short Duration Multi-Sector Bond ETF (PSDM) current stock price?
As of the latest data, PGIM Short Duration Multi-Sector Bond ETF stock price is $50.27, with a previous close of $50.28. PGIM Short Duration Multi-Sector Bond ETF lost -$0.01 in the last trading session, representing a -0.02% loss.
Does PGIM Short Duration Multi-Sector Bond ETF (PSDM) pay dividends?
Yes. PGIM Short Duration Multi-Sector Bond ETF pays monthly dividends with an annualized yield of 4.47% and an estimated annual payout of $2.25 per share.
When is the next ex-dividend date for PGIM Short Duration Multi-Sector Bond ETF (PSDM)?
The next ex-dividend date is scheduled for November 03, 2026.