PSH

About PSH

PGIM Short Duration High Yield Fund is a mutual fund designed to generate substantial income by investing primarily in high-yield, high-risk bonds with shorter durations. The primary function of this fund is to offer investors an attractive yield potential while minimizing interest rate risk through investments in bonds that have shorter maturity dates. This approach helps to stabilize the fund's performance even when market interest rates fluctuate. The fund predominantly invests in high-yield fixed-income securities issued by U.S. and foreign companies, targeting sectors with higher credit risks such as energy, telecommunications, and industrials. Due to its focus on short-duration bonds, the fund plays a critical role for investors looking for yield without a long-term commitment to higher risk. In the financial market, PGIM Short Duration High Yield Fund holds significance for providing a balance between income and interest rate protection, appealing to investors who pursue higher returns in low interest rate environments, yet desire a measure of safety in terms of bond durations.