PGIM Short Duration High Yield ETF (PSH)

PGIM Short Duration High Yield ETF (PSH) is an exchange-traded fund in the High Yield Bond category. It has $162.74M in assets, an expense ratio of 0.45% and a 6.67% dividend yield. The fund will seek to achieve its investment objective by investing primarily in a diversified portfolio of high yield fixed income instruments that are rated below investment grade by a NRSRO or, if unrated, are considered by the subadviser to be of comparable quality. Under normal circumstances, the fund invests at least 80% of its investable assets in high yield fixed income instruments that are rated below investment grade (commonly referred to as junk bonds) and other investments (includin…