PGIM Short Duration High Yield ETF
PSH
Chicago Board Options Exchange- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Address
- 655 Broad Street Newark NJ United States of America 7102
- IPO Date
- Dec 26, 2023
- Website
- pgim.com
- Similar Companies
- Business
- PGIM ETF Trust (the Trust) is a Delaware statutory trust registered under the Investment Company Act of 1940 as an open-end management investment company that offers a diversified lineup of actively managed exchange-traded funds (ETFs) across fixed income, equity, and multi-asset strategies; its core offerings include the PGIM Short Duration High Yield ETF (ticker: PSH), which invests primarily in high yield fixed income instruments rated below investment grade (commonly known as junk bonds) and similar economic exposures with an average portfolio duration of three years or less, alongside other products such as PGIM Ultra Short Bond ETF (PULS), PGIM Active Aggregate Bond ETF (PAB), PGIM AAA CLO ETF (PAAA), PGIM Total Return Bond ETF, PGIM Buffer ETFs, and PGIM Jennison Focused Mid-Cap ETF. The Trust, with principal executive offices at 655 Broad Street, 6th Floor, Newark, New Jersey 07102, traces its origins to PGIM Investments' expansion into ETFs around 2018 and continues to grow its platform with over 50 low-cost solutions leveraging PGIM's 140+ years of active management expertise through units like PGIM Fixed Income and PGIM Limited as subadvisers. PSH, launched on December 19, 2023, maintains assets under management of approximately $104 million across 376 holdings and targets total return via current income and capital appreciation from a broad portfolio of global below-investment-grade debt securities. In recent developments, PGIM expanded its ETF lineup in January 2025 by adding two new Buffer ETF series and a Laddered Buffer ETF at a 0.50% net expense ratio to address market volatility; the Trust also filed updated semi-annual reports as of February 28, 2025, confirming ongoing operations amid routine SEC compliance, though certain funds faced delisting risk notices from Cboe BZX Exchange due to low shareholder counts earlier in the period. The Trust serves institutional and retail investors seeking tax-efficient, liquid access to PGIM's high-conviction strategies across U.S. and global markets, with products distributed by Prudential Investment Management Services LLC and listed primarily on NYSE Arca.