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PULSPGIM Ultra Short Bond ETF

Beacon PickGet incomeStay safe8y track recordRanked #3 of 357 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%

#612 of 5,854 · low cost

Fund Size

$17.4B

#171 of 5,854 · large

Dividend YieldGoal

4.92%

Track Record

8 years

#1,695 of 5,854 · established

Performance

Total-return NAV · USD
Growth of $10,000
$10,435+4.4%

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

What's inside

How Beacon categorizes this fund

Asset class

Fixed income

Strategy

Active selection

What it actually holds

By weight

Concentration

Top 10 holdings = 7.7% of fundwell diversified

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
70.7%
Cash
29.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
0.4%Low

Year-on-year price swings

Max drawdown
-5.9%Mild

Worst peak-to-trough loss

Sharpe (3Y)
3.32Strong risk-adjusted returns
Sortino (3Y)
5.54Good downside protection

Bond profile

Duration

4.4 years

Avg maturity

10.0 years

Credit ratings

US Government
0.1%
AAA
34.1%
AA
22.5%
A
20.6%
BBB
20.9%
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

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Data updated on 2026-08-03