PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) Increases Dividend to $0.23 Per Share

PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) declared a dividend on Friday, June 28th, NASDAQ reports. Investors of record on Monday, July 1st will be given a dividend of 0.2306 per share on Monday, July 8th. The ex-dividend date is Monday, July 1st. This is an increase from PGIM Short Duration Multi-Sector Bond ETF’s previous dividend of $0.23.

PGIM Short Duration Multi-Sector Bond ETF Price Performance

BATS PSDM opened at $50.52 on Friday. The company has a 50 day moving average price of $50.42 and a two-hundred day moving average price of $50.57.

About PGIM Short Duration Multi-Sector Bond ETF

The PGIM Short Duration Multi-Sector Bond ETF (PSDM) is an exchange-traded fund that mostly invests in broad credit fixed income. PDSM is an actively managed fund that holds a broad range of fixed income instruments with any credit rating, duration, and maturity, while targeting a weighted average maturity of less than or equal to five years.