(PULS) PGIM Ultra Short Bond - Overview
ETF Category: Ultrashort Bond | Exchange: NYSE ARCA (USA) | Market Cap: 16.075m USD | Total Return: 4.8% in 12m
TER: 0.15%
Avg Turnover: 99.8M
Warnings
No concerns identified
Tailwinds
No distinct edge detected
The PGIM Ultra Short Bond ETF (PULS) focuses on a diversified portfolio of investment-grade, U.S. dollar-denominated debt instruments, including fixed, variable, and floating-rate bonds. To mitigate interest rate risk, the fund maintains a weighted average portfolio duration of one year or less and a weighted average maturity typically under three years.
The ultrashort bond sector functions as a higher-yield alternative to traditional money market funds by investing in securities with slightly longer durations. This business model generates returns through interest income while prioritizing capital preservation and liquidity in varying market environments.
You can examine how these duration targets affect historical performance by reviewing further data on ValueRay.
- Federal Reserve interest rate pivots impact net asset value and yield spreads
- Investor demand for cash alternatives drives total assets under management
- Credit spread volatility influences valuation of investment grade corporate debt holdings
- Short-term yield curve shifts affect interest income from floating rate instruments
Over the past week, the price has changed by +0.08%, over one month by +0.36%, over three months by +0.85% and over the past year by +4.81%.
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