PGIM ETF Trust - PGIM Short Duration High Yield ETF

PGIM ETF Trust - PGIM Short Duration High Yield ETF is an exchange traded fund launched and managed by PGIM Investments LLC. The fund is co-managed by PGIM Fixed Income and PGIM Limited. It invests in fixed income markets. The fund invests directly and through derivatives in high yield fixed income securities that are rated Ba1 or lower by Moody’s Investors Service, Inc., BB+ or lower by S&P Global Ratings or Fitch, Inc. The fund employs fundamental and quantitative analysis with bottom-up and top-down security picking approach to create its portfolio. The fund employs proprietary research to create its portfolio. PGIM ETF Trust - PGIM Short Duration High Yield ETF was formed on December 11, 2023 and is domiciled in the United States.