PGIMUltrashort BondPULS · NYSE Arca

PGIM Ultra Short Bond ETF (PULS)

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Price: $49.48; —30 Oct 2026
Assets: $19.4B; Total net assets
Expense ratio: 0.15%; Category 0.38%
Yield: 4.78%; Trailing distributions

1Y return: 4.2%+0.3%; Category 3.8%
3Y CAGR: 5.3%+0.3%; Category 5.0%
5Y CAGR: 4.4%+0.4%; Category 4.0%

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PGIM Ultra Short Bond ETF

Calendar-year returns

Fund only: no comparison series covers this fund's history.

Risk statistics

Five years of daily closes. Risk-free rate 4% a year.

Standard deviation: —
Maximum drawdown: —
Sharpe ratio: —
Sortino ratio: —
Beta: —
Alpha: —
R²: —
Information ratio: —
Upside capture: —
Downside capture: —
Tracking error: —

Trailing returns compared with benchmark
Period	1M	3M	6M	YTD	1Y	3YCAGR	5YCAGR	10YCAGR	LaunchCAGR
ETF	+0.4%	+1.0%	+1.9%	+3.3%	+4.2%	+5.3%	+4.4%	—	+3.4%
Ultrashort Bond average	0.4%	0.8%	1.8%	3.0%	3.8%	5.0%	4.0%	3.0%	3.3%
Difference	0.0%	+0.1%	+0.2%	+0.4%	+0.3%	+0.3%	+0.4%	—	0.0%

Holdings

The 1 largest positions make up 2.1% of the fund.

Top holdings

Largest holdings by weight
Ticker	Holding	Weight
PAAA	PGIM AAA CLO ETF	2.10%

Credit quality

Share of the bonds by rating.

AAA34.5%
AA23.7%
A19.6%
BBB20.1%
Other2.1%

Asset mix

Bonds73.2%
Cash26.8%

ETF details

Issuer: PGIM
Category: Fixed Income · Ultrashort Bond
Ticker: PULS
Exchange: NYSE Arca
Inception: 5 Apr 2018 (8.6 years)
Structure: Exchange Traded Fund
Expense ratio: 0.15% (category 0.38%)
Holdings turnover: 39% (category 63%)
Distribution yield: 4.78%
Beta, 3 years: 0.03
Total net assets: $19.4B
Average duration: 4.56 years
Average maturity: 9.94 years

Prices and returns as of 30 Oct 2026; total return with distributions reinvested, before brokerage and taxes. Not investment advice.

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