Morningstar

PGIM Short Duration Multi-Sector Bond ETF PSDM

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub

Morningstar’s Analysis PSDM

Will PSDM outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PSDM’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PSDM management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PSDM’s parent organization’s priorities and whether they’re in line with investors’ interests.

An excellent option for income-seeking short-term bond investors.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM Short Duration Multi-Sector Bond takes a flexible approach that relies on strong fundamental research and a robust risk-management infrastructure. Offered through a long-standing mutual fund and a newer exchange-traded fund, the strategy remains an attractive option for short-term bond investors willing to tolerate episodic volatility in exchange for higher income.

by Max Curtin
Rated on Published on

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Portfolio Holdings PSDM

More PSDM Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

7.63 21M
Government

United States Treasury Notes 3.375%

7.21 20M
Government

United States Treasury Notes 3.875%

5.79 16M
Government

PGIM AAA CLO ETF

4.07 11M
—

United States Treasury Notes 3.375%

4.02 11M
Government

United States Treasury Notes 3.375%

3.00 8M
Government

Prudential Govt Money Mkt Fd

2.19 6M
Cash and Equivalents

Federal National Mortgage Association 5.5%

1.61 4M
Securitized

United States Treasury Notes 2.375%

1.54 4M
Government

United States Treasury Notes 3.875%

1.51 4M
Government

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