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Seeks total return by investing in a diversified portfolio of bonds from multiple fixed income sectors. The Fund seeks to maintain a weighted average portfolio duration of three years or less and a weighted average maturity of five years or less. 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.
Pgim Short Duration Multisector Bond ETF trades on the BATS stock market under the symbol PSDM.
As of February 2, 2026, PSDM stock price declined to $51.46 with 8,811 million shares trading.
PSDM has a beta of -0.01, meaning it tends to be less sensitive to market movements. PSDM has a correlation of 0.01 to the broad based SPY ETF.
PSDM has a market cap of $156.95 million. This is considered a Micro Cap stock.
PSDM has underperformed the market in the last year with a price return of +5.5% while the SPY ETF gained +16.1%. PSDM has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +0.9% and -0.1%, respectively, while the SPY returned +2.6% and +0.5%, respectively.
PSDM support price is $51.45 and resistance is $51.51 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSDM shares will trade within this expected range on the day.