PGIM Ultra Short Bond ETF
PULS
Market cap $11.9B

49.63 USD

-0.01

0.02%

At close Aug 5, 4:00 PM EDT

After hours

49.65

+0.02

0.04%

1 day

-0.02%

5 days

-0.28%

1 month

0.06%

3 months

0.28%

6 months

0.06%

Year to date

0.14%

1 year

0.22%

5 years

-0.42%

10 years

-0.76%

0

Funds holding %

of 7,331 funds

–

Analysts bullish %

Fund manager confidence

Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)

116% more repeat investments, than reductions

Existing positions increased: 184 | Existing positions reduced: 85

66% more first-time investments, than exits

New positions opened: 48 | Existing positions closed: 29

14% more funds holding in top 10

Funds holding in top 10: 22 [Q4 2024] → 25 (+3) [Q1 2025]

3% more funds holding

Funds holding: 332 [Q4 2024] → 343 (+11) [Q1 2025]

0.24% less ownership

Funds ownership: 73.57% [Q4 2024] → 73.33% (-0.24%) [Q1 2025]

0% less capital invested

Capital invested by funds: $8.06B [Q4 2024] → $8.04B (-$26.8M) [Q1 2025]

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Research analyst outlook

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

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Financial journalist opinion

The $10 Billion Club: New Stars in Active Bonds

Last week, the iShares Flexible Income Active ETF (BINC) reached a significant milestone and became the latest member of the $10 billion of the active fixed income club. The exclusive club now has six members, fewer than half the number of active equity ETF members.

The $10 Billion Club: New Stars in Active Bonds

ETF Records Were Made to Be Broken

Mid-2025 is approaching, and exchange traded fund demand continues its robust growth. Last year was a landmark year for the ETF industry, with industry net inflows for the first time surpassing $1 trillion and one ETF exceeding $100 billion in net inflows.

ETF Records Were Made to Be Broken

PULS Can Provide Liquidity, But It May Be Time To Rotate Into Long-Dated Bonds

PGIM Ultra Short Bond ETF is a diversified, ultrashort and short-duration bond strategy, providing investors with monthly income. The ETF is highly liquid and can potentially be utilized in place of money market funds. Interest rate cuts may pressure future yields as maturing bonds are replaced with lower-yielding assets, making long-duration bonds more attractive for income seekers.

PULS Can Provide Liquidity, But It May Be Time To Rotate Into Long-Dated Bonds

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

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

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

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)

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

Zacks Investment Research

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?

Investors Business Daily

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

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