FYI: A recent filing from Prudential, or PGIM ETF Trust, to be specific, outlines the insurance and financial giant’s plans for an actively managed short-term bond ETF. The actively managed PGIM Ultra Short Bond ETF will invest mainly in fixed-income securities with final or remaining maturities of less than three years and aim for an effective duration of one year or less.
Regards,
Ted
http://www.etf.com/sections/daily-etf-watch/prudential-plans-ultra-short-bond-etf
