PGIM Ultra Short Municipal Bond ETF

Frequently Asked Questions About PUSH

What does PUSH invest in?

This ETF aims to generate a comprehensive return for investors. It achieves this by combining two key elements: providing a consistent income stream that is free from federal income taxes, and seeking opportunities for its underlying assets to appreciate in value.

What is the expense ratio of PUSH?

PGIM Ultra Short Municipal Bond ETF (PUSH) charges an expense ratio of 0.15%. This is the annual fee deducted from fund assets to cover management and operations.

What is PUSH's dividend yield?

PUSH's trailing-twelve-month yield is 3.51%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PUSH?

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

What is the credit quality of PUSH?

PUSH'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 PUSH?

Yield to maturity (YTM) is the total return you'd earn from PUSH if every bond in the portfolio is held to maturity at the current price. PUSH'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.