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Excess Cash

Short-Duration Strategies for Cash on the Sidelines Short-DurationStrategiesforCashontheSidelines

With more than $6 trillion in cash on the sidelines, today’s environment offers investors multiple opportunities for their excess cash. Short-duration bonds may offer a compelling story. 

Money Market Assets Hit Historic High

*As of 9/25/24 Source: Investment Company Resource

Discover PGIM’s Short-Duration Bond Fund Lineup

PGIM Investments offers three short-duration funds for investors looking to put excess cash to work:

PGIM Ultra Short Bond ETF
ETFs

PGIM Ultra Short Bond ETF

PGIM Ultra Short Bond ETF is an actively managed ultra-short bond ETF that offers a competitive yield and expenses.

PGIM Short-Term Corporate Bond Fund
Mutual Funds

PGIM Short-Term Corporate Bond Fund

PGIM Short-Term Corporate Bond Fund seeks high current income consistent with the preservation of principal by investing at least 80% in corporate bonds.

PGIM Short Duration Multi-Sector Bond Fund
Mutual Funds

PGIM Short Duration Multi-Sector Bond Fund

PGIM Short Duration Multi-Sector Bond Fund seeks to maintain a weighted average portfolio duration of three years.

It is important to note that PGIM Ultra Short Bond Fund is an ETF, while PGIM Short-Term Corporate Bond Fund and PGIM Short Duration Multi-Sector Bond Fund are mutual funds. All are actively managed, registered investment companies, however ETFs can be traded intra- day like stocks, while mutual funds can only be purchased at the end of each trading day based on NAV. This material offers some of the key attributes of each product. It is not all inclusive of all the risks and considerations involved with investing in each product. To better understand the similarities and differences between investments, including investment objectives, risks, fees, and expenses, please read each of the products’ prospectuses. Investments considerations depend on an individual's goals and risk tolerance.

Investing involves risk. Some investments are riskier than others. The investment return and principal value will fluctuate, and shares, when sold, may be worth more or less than the original cost. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise.

Consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. The prospectus and summary prospectus contain this and other information about the fund. Contact the PGIM Investments Sales Desk at (800) 396-5501 to obtain the prospectus and summary prospectus. Read them carefully before investing.

Investment products are distributed by Prudential Investment Management Services LLC (PIMS), member FINRA and SIPC. PGIM Investments is a registered investment adviser and investment manager to all PGIM US open-end investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment adviser. All are Prudential Financial affiliates. ©2024 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investments, PGIM Fixed Income and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

For financial professional use only. Not for use with the public. 

For compliance use only 3912689

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This site is intended for U.S. investors only.  All investments involve risk, including loss of principal.

PGIM, the principal investment management business of Prudential Financial, Inc. (PFI), is comprised of several business units, including PGIM Investments.   PGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Other PGIM businesses that may sub-advise certain PGIM Investments open and closed-end investment companies include:  PGIM Real Estate, Jennison Associates, PGIM Quantitative Solutions LLC, PGIM Limited, and PGIM Fixed Income. Investment products are distributed by Prudential Investment Management Services LLC,  member FINRAopens in a new window, SIPCopens in a new window and affiliate of PGIM Investments.   Any content relating to securities is the sole responsibility of PIMS, unless otherwise noted.  Check the background of this firm on FINRA’s BrokerCheckopens in a new window.

By accessing links on this web site, you may be leaving PGIM Investments and PIMS and be directed to PGIM Affiliate sites.

Separately managed accounts are offered through PGIM, Inc., Jennison Associates, PGIM Custom Harvest, and PGIM Quantitative Solutions LLC.

This material is being provided for informational or educational purposes only and does not take into account the investment objectives or financial situation of any client or prospective clients. The information is not intended as investment advice and is not a recommendation. Clients seeking information regarding their particular investment needs should contact their financial professional.

© 2025 Prudential Financial, Inc. and its related entities. Jennison Associates, PGIM Real Estate, PGIM Custom Harvest, PGIM, and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

Prudential Financial, Inc. of the United States is not affiliated in any manner with Prudential plc, incorporated in the United Kingdom or with Prudential Assurance Company, a subsidiary of M&G plc, incorporated in the United Kingdom.

 

INVESTMENT PRODUCTS: NOT FDIC INSURED | MAY LOSE VALUE | NOT BANK GUARANTEED

 

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