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

PGIM Short Duration Multi-Sector Bond ETF (BATS:PSDM) declared a dividend on Friday, June 28th, NASDAQ reports. Shareholders 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 a boost from PGIM Short Duration Multi-Sector Bond ETF’s previous dividend of $0.23.

PGIM Short Duration Multi-Sector Bond ETF Stock Down 0.0 %

Shares of PSDM stock traded down $0.02 on Friday, reaching $50.52. 128 shares of the company were exchanged. The firm has a 50-day moving average of $50.42 and a 200-day moving average 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.