PGIM Short Duration High Yield ETF

PGIM Short Duration High Yield ETF is a fixed income exchange-traded fund that seeks total return through current income and capital appreciation. Managed by PGIM Investments, it focuses on a diversified portfolio of below investment-grade debt securities issued by companies and governments, with an emphasis on high yield bonds and other credit instruments. The fund is designed to keep average portfolio duration short, generally three years or less, which makes duration management a central part of its portfolio construction. Its holdings may include corporate bonds, notes, commercial paper, floating-rate securities, and related debt instruments across global markets. PGIM Short Duration High Yield ETF serves investors looking for broad exposure to short-duration high yield credit within a professionally managed ETF structure.