PGIM Short Duration High Yield ETF

Frequently Asked Questions About PSH

What does PSH invest in?

The fund aims to achieve overall gains for investors by generating regular income and increasing the value of its assets.

What is the expense ratio of PSH?

PGIM Short Duration High Yield ETF (PSH) charges an expense ratio of 0.45%. This is the annual fee deducted from fund assets to cover management and operations.

What is PSH's dividend yield?

PSH's trailing-twelve-month yield is 5.91%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PSH?

Effective duration measures PSH's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PSH's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PSH?

PSH's credit quality breakdown (the share of holdings rated AAA through CCC and below) is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of PSH?

Yield to maturity (YTM) is the total return you'd earn from PSH if every bond in the portfolio is held to maturity at the current price. PSH's YTM is published on the fund's factsheet on the issuer's website. It differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.