PULS

PGIM Ultra Short Bond ETF

$49.72

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The PGIM Ultra Short Bond ETF (PULS) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

Overview

ETF tracking PGIM Ultra Short Bond ETF

Category Inverse

Issuer Other

Inception Date 2018-04-10

Market Cap $12.5B

Average Volume N/A

Dividend Yield 3.93%

52-Week Range $49.39 - $49.83

VWAP $49.71

Performance

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Investment Summary

📎 Investment Objective

The PGIM Ultra Short Bond ETF (PULS) seeks to provide a high level of current income consistent with preservation of capital and liquidity.

🎯 Investment Strategy

The fund invests primarily in a diversified portfolio of investment-grade fixed-income securities, including U.S. government securities, corporate bonds, and mortgage-backed securities. The fund maintains a dollar-weighted average portfolio duration of one year or less.

✨ Key Features

Focuses on ultra-short duration fixed income securities to limit interest rate risk
Seeks to provide a high level of current income while preserving capital
Diversified portfolio of investment-grade fixed income instruments
Actively managed to maintain a short duration profile

⚠️ Primary Risks

Interest rate risk: The fund's value may decline if interest rates rise
Credit risk: The fund is exposed to the risk of issuers defaulting on their debt obligations
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time and price
Active management risk: The fund's performance could trail that of the broader market if the manager's investment decisions are not successful

👤 Best For

The PGIM Ultra Short Bond ETF may be suitable for investors seeking a low-risk, low-duration fixed income investment to provide current income and preserve capital, particularly those with a short-term investment horizon or as a cash management tool within a diversified portfolio.