PULS logo

PGIM Ultra Short Bond ETF (PULS)

$49.71

Quotes are delayed by 15 minutes.

1D

1W

1M

3M

6M

YTD

1Y

2Y

5Y

ALL

Key data on PULS

AUM

$13.25B

P/E ratio

--

Dividend yield

4.8444%

Expense ratio

0.15%

Beta

0.013054

Price on PULS

Previous close

$49.70

Today's open

$49.70

Day's range

$49.70 - $49.71

52 week range

$49.34 - $49.84

Profile about PULS

show more

Headquarters

US

Exchange

NYSE Arca

Issue type

Exchange-Traded Fund

PULS industries and sectors

Bonds

Domestic

News on PULS

PULS: Low Credit Risk For Parking Liquidity

PGIM Ultra Short Bond ETF (PULS) offers a cash-plus solution for portfolio liquidity, outperforming 3-month Treasury bills by about 50 basis points. PULS is actively managed, highly diversified, and maintains low duration, making it resilient to interest rate movements and suitable for short-term investors. The fund delivers a SEC yield of 4.32% and NAV distribution yield of 4.8%, with most returns driven by interest rather than capital appreciation.

news source

Seeking Alpha • Nov 25, 2025

news preview

3 Dividend Stocks I'm Buying As Irrational Exuberance Takes Over

Current market conditions reflect irrational exuberance, with surging valuations in stocks, precious metals, crypto, and collectibles reminiscent of past bubbles. Conflicting economic signals persist: inflation data is mixed, the labor market is weakening, but affluent consumer spending and bank lending remain resilient. Dividend growth investing remains my preferred strategy, with a focus on high-quality REITs, utilities, and my favorite cash equivalent ETF.

news source

Seeking Alpha • Sep 13, 2025

news preview

PULS: Ultra-Short Active Management

PULS ETF offers stable income with minimal duration risk, focusing on capital preservation and high liquidity for conservative investors. Active management and investment-grade bias allow PULS to adapt quickly to interest rate changes, maintaining attractive yields versus cash. Falling short-term forwards suggest yields will gradually normalize, but PULS remains resilient due to its ultra-short duration and flexible portfolio.

news source

Seeking Alpha • Sep 6, 2025

news preview

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.

news source

ETF Trends • Jul 14, 2025

news preview

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.

news source

ETF Trends • Jun 23, 2025

news preview

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.

news source

Seeking Alpha • Jun 17, 2025

news preview

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.

news source

ETF Trends • Apr 2, 2025

news preview

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.

news source

ETF Trends • Mar 5, 2025

news preview

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%.

news source

Seeking Alpha • Feb 15, 2025

news preview

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.

news source

Seeking Alpha • Jan 24, 2025

news preview

¹ Disclosures

Get started with M1

Invest in PGIM Ultra Short Bond ETF

Open an M1 investment account to buy and sell PGIM Ultra Short Bond ETF commission-free¹. Build wealth for the long term using automated trading and transfers.

Invest in PULS on M1