PGIM Short Duration High Yield ETF
$48.76−0.04 (−0.09%)
- 0.45%
- $215M
- +2.6%
- 6.49%
- 34.8K sh
- low $48.62high $51.51
The ETF.net PSH Grade
C
Score 53 out of 100
- 52 of 85
Score 53 of 100 falls in the C band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C45 out of 100Rank 45 of 85Mission
Whether the fund did what it promised, tested against its stated mandate.A73 out of 100Rank 58 of 77Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.B55 out of 100Rank 35 of 85Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D37 out of 100Rank 59 of 85Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 52 of 85Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 39 of 85
Our read on PSH
In short
CJunk bonds with the interest-rate dial turned down. PSH is PGIM's active run at short-maturity high yield, measured against a 1-3 year high yield benchmark, and it pays monthly.
Stated mandate
The Fund seeks total return through current income and capital appreciation. It primarily invests in diversified below-investment-grade fixed-income instruments and normally commits at least 80% of investable assets to those instruments or economically similar investments.
Why people hold it
Worth knowing
PSH Holdings
- Bonds
- 492
- 12%
- United States Treasury Note/Bond
Geography
- United States87.45%
- Canada6.17%
- Cayman Islands1.06%
- France0.77%
- Macau0.75%
- Ireland0.69%
- Luxembourg0.69%
- Australia0.64%
- 1.78%
PSH Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
PSH$10,258
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | PSH |
|---|---|
| Year to date | +1.8% |
| 1 month | +0.8% |
| 3 months | −0.2% |
| 1 year | +2.6% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | PSH |
|---|---|---|
| 2026 YTD | +1.8% | |
| 2025 | +7.3% | |
| 2024 | +7.9% | |
| 2023 | +0.4% |
PSH in the news
PSH Dividends
- 6.49%
- $3.17
- $0.27 per share
- Monthly
PSH Risk
- 2.3%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.65
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −3.1%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.14
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
PSH Cost
Overpaying vs SCYB, cheapest in US High Yield
$8,403
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
PSH 0.45%
$9,041
SCYB 0.03% Cheapest
$638
Cost over time
Year by year
| Year | PSH | SCYB | Overpaying |
|---|---|---|---|
| 10 | $812 | $55 | $757 |
| 20 | $3,128 | $216 | $2,912 |
| 30 | $9,041 | $638 | $8,403 |
Other funds in US High Yield
- BXCCCBondBloxx CCC Rated USD High Yield Corporate Bond ETFExpense ratio 0.40%1 year return −6.2%
- CHYLSFirst Trust Tactical High Yield ETFExpense ratio 0.69%1 year return +1.5%
- CHYBLState Street Blackstone High Income ETFExpense ratio 0.70%1 year return +3.0%
- CTHYFT. Rowe Price U.S. High Yield ETFExpense ratio 0.50%1 year return +2.2%
- CFSYDFidelity Sustainable High Yield ETFExpense ratio 0.55%1 year return +2.1%
