# PGIM Short Duration Multi-Sector Bond ETF (PSDM) — Overview

PSDM · BATS · Fund

Canonical page: https://www.lighthorse.io/tickers/psdm

## Price

Last close $50.24 on Oct 15, 2026. 52-week range $50.00 – $51.76.

## Fund profile

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. Securities are selected using both top-down analysis and bottom-up research.

| Metric | Value |
| --- | --- |
| Issuer | PGIM Investments LLC |
| Industry | — |
| Inception | Jul 19, 2023 |
| Assets under management | $241.9M |
| Expense ratio | 0.40% |
| Net asset value | $50.13 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is PGIM Short Duration Multi-Sector Bond ETF (PSDM)?

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. Securities are selected using both top-down analysis and bottom-up research.

### What is PSDM's expense ratio?

PGIM Short Duration Multi-Sector Bond ETF charges an annual expense ratio of 0.40%. The fund is issued by PGIM Investments LLC.

### How large is PSDM?

PGIM Short Duration Multi-Sector Bond ETF manages $241.9M in assets and has traded since Jul 19, 2023.

### How do I buy shares of PGIM Short Duration Multi-Sector Bond ETF (PSDM)?

PSDM trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).