PULSPGIM Ultra Short Bond ETF

Get income Stay safe8y track recordRanked #6 of 387 in this goal

Seeks total return through a combination of current income and capital appreciation, consistent with preservation of capital.

By PGIM · Launched 2018

Annual Cost

0.15%

#645 of 6,040 · low cost

Fund Size

$18.7B

#168 of 6,040 · large

Return (1Y)

+4.2%

Track Record

8 years

#1,708 of 6,040 · established

Performance

Total-return NAV · USD

Growth of $10,000

$10,417+4.2%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Region

North america

Strategy

Active selection

Holdings

By weight

Concentration

Top 10 holdings = 7.7% of funddiversified

PGIM ETF Trust

1.6%

(PIPA070) PGIM Core Government Money Market Fund

0.8%

SUNCOR ENERGY INC

0.7%

Alexandria Real Estate Equities, Inc.

0.7%

INTESA SANPAOLO SPA NEW YORK BRANCH

0.7%

Essential Utilities Inc

0.7%

ABN AMRO Bank N.V.

0.7%

BX TRUST 2022-LBA6

0.6%

Federation des Caisses Desjardins du Quebec

0.6%

CONSOLIDATED EDISON COMPANY OF NEW YORK INC

0.6%

Asset allocation

Bonds

72.8%

Cash

27.2%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

0.4%Low

Year-on-year price swings

Max drawdown

-5.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)

2.69Strong risk-adjusted returns

Sortino (3Y)

4.35Good downside protection

Bond profile

Duration

4.5 years

Avg maturity

10.0 years

Credit ratings

US Government

0.0%

AAA

33.0%

23.7%

19.9%

BBB

21.5%

Other

1.9%

Listing

Exchange: NYSE Arca

Full fund details

Objective: Seeks total return through a combination of current income and capital appreciation, consistent with preservation of capital.
Strategy: Actively manages a portfolio of U.S. dollar denominated short-term fixed, variable, and floating rate debt instruments, aiming for total return through current income and capital appreciation. Maintains a weighted average portfolio duration of one year or less and a weighted average maturity of three years or less.
Inception date: April 5, 2018
Fund family: PGIM