PGIM Short Duration Multi-Sector Bond ETF (PSDM)
BATS BATS Primary Summary
PSDM Chart
PGIM Short Duration Multi-Sector Bond ETF Investors
| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| SR Scott Register Register Financial Advisors LLC | 1,529 | $77,933 | $78,070.74 | $137.74 | 0.18% |
PGIM Short Duration Multi-Sector Bond ETF (PSDM) FAQ
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PGIM Short Duration Multi-Sector Bond ETF Profile
| BATS Exchange | United States Country |
Overview
The fund is designed as a financial vehicle to provide investors with the opportunity to invest in fixed income instruments. These instruments function as a way for issuers to raise capital by borrowing money from investors, promising them a return in the form of fixed or variable interest rates, alongside the repayment of the principal amount. The fund's strategy involves mostly investing in a diverse range of fixed income instruments, ensuring that at least 80% of its investable assets are allocated in such securities. By maintaining this investment threshold in fixed income instruments of various maturities, the fund aims to achieve its objective of providing investors with a balance of income generation and capital preservation.
Products and Services
The fund’s main focus is on providing investment opportunities in fixed income instruments, which include:
- Government Bonds - These are fixed income securities issued by a government to finance its spending and come with a promise of repayment upon maturity along with periodic interest payments. Investing in government bonds is generally considered lower risk compared to corporate bonds, making them an attractive option for conservative investors.
- Corporate Bonds - Issued by corporations, these bonds are a way for companies to raise capital without diluting ownership through issuing stock. Corporate bonds typically offer higher interest rates than government bonds, compensating for the higher risk of default.
- Municipal Bonds - These bonds are issued by states, cities, counties, or other governmental entities below the federal level to fund public projects. They offer tax advantages for certain investors, depending on their country of residence, making them an attractive option for tax-efficient income.
- Mortgage-Backed Securities (MBS) - These are types of asset-backed securities backed by a collection of mortgages. Investors in MBS receive periodic payments similar to bond coupon payments. MBS can vary in terms of risk, depending on the nature of the underlying mortgages.
- International Bonds - To diversify beyond domestic fixed income markets, the fund invests in bonds issued by foreign governments or corporations. These investments offer exposure to global markets and currencies, potentially increasing returns but also involving higher risk due to currency fluctuations and geopolitical factors.
