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PUSHPGIM Ultra Short Municipal Bond ETF

Get income2y track recordRanked #658 of 1,706 in this goal

Seeks total return through a combination of current income exempt from federal income taxes and capital appreciation.

By PGIM · Launched 2024

Annual Cost

0.15%

#645 of 6,040 · low cost

Fund Size

$124M

#2,886 of 6,040 · mid-size

Return (1Y)

+2.3%

Track Record

2 years

#3,560 of 6,040 · seasoned

Performance

Total-return NAV · USD
Growth of $10,000
$10,242+2.4%

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

Holdings

By weight

Concentration

Top 10 holdings = 16.1% of funddiversified

MAIN STR NAT GAS INC GA
2.1%
ARIZONA ST INDL DEV AUTH
1.9%
KENTUCKY INC KY PUB ENERGY AUTH
1.9%
MASSACHUSETTS ST DEV FIN AGY
1.5%
MAIN STR NAT GAS INC GA
1.5%
PALM BEACH CNTY FLA HSG FIN AUTH
1.5%
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK
1.5%
ILLINOIS FIN AUTH
1.4%
TENNESSEE ENERGY ACQUISITION CORP
1.3%
MICHIGAN FIN AUTH
1.3%

Asset allocation

Bonds
96.4%
Cash
3.6%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
1.4%Low

Year-on-year price swings

Max drawdown
-0.8%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Bond profile

Duration

4.4 years

Avg maturity

10.1 years

Credit ratings

AAA
15.4%
AA
37.1%
A
31.2%
BBB
9.2%
BB
0.7%
Other
6.4%

Listing

Exchange
NYSE Arca

Full fund details

Objective
Seeks total return through a combination of current income exempt from federal income taxes and capital appreciation.
Strategy
Actively manages a portfolio primarily invested in municipal bonds of varying maturities, seeking total return through current income and capital appreciation. Focuses on investment grade municipal bonds, with up to 10% in high yield municipal debt, using economic analysis and proprietary models for security selection.
Inception date
June 24, 2024
Fund family
PGIM

Next steps

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Data updated on 2026-09-18