PGIM Ultra Short Bond ETFPULS
PULS
0
Funds holding %
of 6,831 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
49% more first-time investments, than exits
New positions opened: 52 | Existing positions closed: 35
27% more repeat investments, than reductions
Existing positions increased: 124 | Existing positions reduced: 98
3% more funds holding
Funds holding: 288 [Q2] → 298 (+10) [Q3]
1% less capital invested
Capital invested by funds: $6.92B [Q2] → $6.87B (-$57.8M) [Q3]
8.87% less ownership
Funds ownership: 96.74% [Q2] → 87.87% (-8.87%) [Q3]
19% less funds holding in top 10
Funds holding in top 10: 21 [Q2] → 17 (-4) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PULS.
Financial journalist opinion
Neutral
Seeking Alpha
1 week ago
PULS: Uncompelling At The Current Spreads (Rating Downgrade)
The PGIM Ultra Short Bond ETF is downgraded to 'Hold' due to tight corporate spreads and a low risk premium. PULS holds highly rated bonds with a 0.2-year duration, primarily AA names, and offers a 4.8% 30-day SEC yield. Current corporate spreads are at decade lows, making PULS less attractive compared to alternatives like JAAA and UYLD.
Neutral
ETF Trends
2 months ago
More Money Market Substitutes Taking Shape
Investors have been married to their money market funds for the better part of the last two years. But a recent poll from VettaFi's Q4 Fixed Income Symposium in October showed more market participants may finally be willing to break out of their comfort zones and redeploy those funds into riskier assets.
Negative
Zacks Investment Research
5 months ago
Time to Invest in Cash-Like ETFs?
Wall Street has been struggling to find a footing in recent weeks. In such a scenario, investors want to keep money aside, raising demand for cash-like ETFs.
Positive
Investors Business Daily
6 months ago
Clever Investors Find A Safe Way To Score 5.6% On Their Cash
How's a 5.6% safe return on your cash sound? For a growing number of ETF investors fearful of the S&P 500's future, it's a sweet deal.
Positive
Seeking Alpha
8 months ago
PULS: Top Quartile Short-Term Bond Fund
PULS ETF is a top-quartile short-term bond fund investing in treasuries, commercial paper, and money market instruments. JAAA ETF has higher credit quality, historical performance, and distribution yield compared to PULS, but is more credit-sensitive. I personally prefer the safety of treasury bill funds or the higher returns of the JAAA ETF over PULS.
Negative
Zacks Investment Research
10 months ago
No Rate Cut Until 2H of 2024? High-Yield Short-Term Bond ETFs to Buy
The yield on the benchmark 10-year Treasury rose to around 4.38%, hovering at its highest levels of 2024, up from 3.95% recorded at the start of 2024.
Negative
Seeking Alpha
1 year ago
U.S. Weekly FundFlows Insight Report: Money Market Funds Post First Weekly Outflow In 4 As Bitcoin ETFs Attract Nearly $1.8 Billion In First Week Of Trading
The 30-year fixed-rate average fell since last week, marking the tenth weekly decline in the last 12.
Positive
Seeking Alpha
1 year ago
PULS: A Good Short-Duration Place To Park Cash
The PGIM Ultra Short Bond ETF offers short-duration bond exposure for investors concerned about stock and bond sell-offs. PULS holds a mixed portfolio of high-quality, short-term bonds issued by the U.S. government, corporations, and foreign entities. PULS has shown competitive performance and offers diversification, lower risk, and steady income, but is subject to interest rate and default risks.
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