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PGIM Introduces Two Active Muni ETFs

www.businesswire.com 28-06-2024 12:47 0.5 Minutes reading
NEWARK, N.J.--(BUSINESS WIRE)--PGIM,2 the $1.34 trillion global investment management business of Prudential Financial, Inc. (NYSE: PRU), has launched two new actively managed exchange-traded funds (ETFs) — the PGIM Ultra Short Municipal Bond ETF (PUSH) and the PGIM Municipal Income Opportunities ETF (PMIO) — on the NYSE Arca. Both ETFs seek total return through a combination of current income and capital appreciation by investing at least 80% of their respective portfolios in municipal (“muni”

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