PULS icon

PGIM Ultra Short Bond ETF

49.52 USD
+0.03
0.06%
At close Apr 17, 4:00 PM EDT
After hours
49.55
+0.03
0.06%
1 day
0.06%
5 days
0.28%
1 month
-0.22%
3 months
-0.30%
6 months
-0.36%
Year to date
-0.08%
1 year
-0.16%
5 years
0.69%
10 years
-0.98%
0
Funds holding %
of 7,407 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

77% more first-time investments, than exits

New positions opened: 69 | Existing positions closed: 39

48% more repeat investments, than reductions

Existing positions increased: 141 | Existing positions reduced: 95

43% more capital invested

Capital invested by funds: $5.61B [Q3] → $8.03B (+$2.42B) [Q4]

24% more funds holding in top 10

Funds holding in top 10: 17 [Q3] → 21 (+4) [Q4]

9% more funds holding

Funds holding: 301 [Q3] → 327 (+26) [Q4]

1.39% more ownership

Funds ownership: 71.82% [Q3] → 73.21% (+1.39%) [Q4]

Research analyst outlook

We haven’t received any recent analyst ratings for PULS.

Financial journalist opinion

Positive
ETF Trends
2 weeks ago
Active ETFs Steal the Show: Topping $1 Trillion Mark
Despite the ETF industry's passive roots, active has stolen the show. Active ETF assets just topped the $1 trillion threshold, making up nearly 10% of the total ETF pie.
Active ETFs Steal the Show: Topping $1 Trillion Mark
Positive
ETF Trends
1 month ago
Being Short Has Its ETF Benefits
After a record year for fixed income ETFs in 2024, demand has been even stronger to start 2025. U.S. listed fixed income ETFs pulled in $78 billion in the first two months.
Being Short Has Its ETF Benefits
Positive
Seeking Alpha
2 months ago
PULS: Showing Relative Advantages
The PGIM Ultra Short Bond ETF offers high income and capital preservation through short-duration exposure, investing in various non-government securities. PULS has low duration relative to its peers and has a diversified issuer portfolio, mitigating risk. Despite its credit risk exposure, PULS has outperformed numerous of its peers over the last five years, with an impressive yield and a low expense ratio of 0.15%.
PULS: Showing Relative Advantages
Neutral
Seeking Alpha
2 months 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.
PULS: Uncompelling At The Current Spreads (Rating Downgrade)
Neutral
ETF Trends
5 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.
More Money Market Substitutes Taking Shape
Negative
Zacks Investment Research
8 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.
Time to Invest in Cash-Like ETFs?
Positive
Investors Business Daily
8 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.
Clever Investors Find A Safe Way To Score 5.6% On Their Cash
Positive
Seeking Alpha
10 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
1 year 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.
Charts implemented using Lightweight Charts™