PSDM Stock Discussion

PGIM Short Duration Multi-Sector Bond ETF Description

The fund seeks to achieve its objective by investing in fixed income instruments, whereby issuers borrow money from investors in return for either a fixed or variable rate of interest and eventual repayment of the amount borrowed. The fund invests, under normal circumstances, at least 80% of its investable assets in fixed income instruments with varying maturities.

Keywords: Fixed Income Hedge Funds Arbitrage