(PSH) PGIM Short Duration High - Overview
Etf: Junk Bonds, High Yield Debt, Fixed Income, Below Grade
Dividends
| Dividend Yield | 7.09% |
| Yield on Cost 5y | 7.69% |
| Yield CAGR 5y | -20.29% |
| Payout Consistency | 91.9% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 2.88% |
| Relative Tail Risk | -0.17% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.66 |
| Alpha | 0.88 |
| Character TTM | |
|---|---|
| Beta | 0.137 |
| Beta Downside | 0.142 |
| Drawdowns 3y | |
|---|---|
| Max DD | 3.06% |
| CAGR/Max DD | 2.51 |
Description: PSH PGIM Short Duration High December 22, 2025
The PGIM Short Duration High Yield ETF (BATS: PSH) targets a high-yield, sub-investment-grade fixed-income portfolio, allocating at least 80 % of assets to “junk” bonds or comparable instruments, with the remainder in derivatives or other securities that share similar risk-return characteristics.
Key market metrics (as of the most recent quarterly report) show an average weighted-yield near 7.5 % and a portfolio duration of roughly 2.8 years, positioning the fund to benefit from a steepening spread environment while limiting interest-rate sensitivity. Recent data from the S&P U.S. High Yield Index indicate a default rate of 2.1 % year-to-date, underscoring the importance of sector exposure-energy and consumer discretionary currently account for about 30 % of the holdings, sectors that are highly responsive to macro-fuel price movements and consumer confidence trends.
Given the fund’s short-duration tilt, its performance will be especially sensitive to Federal Reserve policy shifts and any acceleration in corporate refinancing activity; tracking these drivers can help gauge upside potential.
For a deeper, data-driven breakdown of PSH’s risk profile and comparative analytics, you might find ValueRay’s interactive dashboard useful.
What is the price of PSH shares?
Over the past week, the price has changed by +0.15%, over one month by +0.37%, over three months by +1.52% and over the past year by +6.68%.
Is PSH a buy, sell or hold?
What are the forecasts/targets for the PSH price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 55 | 9.1% |
PSH Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 122.2m USD (122.2m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 122.2m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 122.2m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 6.42% (E(122.2m)/V(122.2m) * Re(6.42%) + (debt-free company))
Discount Rate = 6.42% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Fair Price DCF = unknown (Cash Flow 0.0)