PGIM Ultra Short Bond ETF
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.1%
1 yr return
7.1%
3 Yr Avg Return
3.3%
5 Yr Avg Return
2.8%
Net Assets
$6.29 B
Holdings in Top 10
10.6%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.15%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 10.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
N/A
IRA
N/A
Fund Classification
Fund Type
Exchange Traded Fund
Name
As of 04/30/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PULS - Profile
Distributions
- YTD Total Return 2.1%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.8%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.27%
- Dividend Yield 5.9%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM Ultra Short Bond ETF
-
Fund Family NamePrudential
-
Inception DateApr 05, 2018
-
Shares Outstanding56125000
-
Share ClassN/A
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoseph D'Angelo
Fund Description
PULS - Performance
Return Ranking - Trailing
Period | PULS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.7% | 3.4% | 18.52% |
1 Yr | 7.1% | -0.5% | 13.4% | 7.41% |
3 Yr | 3.3%* | -2.2% | 5.9% | 7.80% |
5 Yr | 2.8%* | -1.1% | 4.0% | 4.79% |
10 Yr | N/A* | -4.5% | 27.5% | 24.39% |
* Annualized
Return Ranking - Calendar
Period | PULS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 0.6% | -2.3% | 4.3% | 80.56% |
2022 | -0.8% | -6.5% | 0.5% | 22.97% |
2021 | -0.7% | -2.1% | 0.3% | 79.80% |
2020 | -0.4% | -3.1% | 1.8% | 84.02% |
2019 | 0.2% | -1.2% | 6.1% | 73.37% |
Total Return Ranking - Trailing
Period | PULS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.1% | -1.7% | 3.4% | 18.52% |
1 Yr | 7.1% | -0.5% | 13.4% | 7.41% |
3 Yr | 3.3%* | -2.2% | 5.9% | 7.80% |
5 Yr | 2.8%* | -1.1% | 4.0% | 4.79% |
10 Yr | N/A* | -4.5% | 27.5% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PULS Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.3% | 0.8% | 12.1% | 27.78% |
2022 | 1.5% | -5.1% | 2.5% | 3.35% |
2021 | 0.5% | -2.1% | 14.5% | 18.23% |
2020 | 1.5% | -1.0% | 3.6% | 59.79% |
2019 | 3.2% | 0.3% | 9.6% | 39.67% |
PULS - Holdings
Concentration Analysis
PULS | Category Low | Category High | PULS % Rank | |
---|---|---|---|---|
Net Assets | 6.29 B | 25.6 K | 22.6 B | 16.36% |
Number of Holdings | 466 | 2 | 1291 | 19.55% |
Net Assets in Top 10 | 622 M | 23.7 K | 17.3 B | 25.45% |
Weighting of Top 10 | 10.55% | 5.6% | 163.3% | 90.91% |
Top 10 Holdings
- (PIPA070) PGIM Core Government Money Market Fund 2.72%
- Roche Holdings Inc 1.03%
- GLENCORE FUNDING LLC 0.90%
- Citibank NA 0.89%
- Volkswagen Group of America Finance LLC 0.86%
- Intuit Inc 0.86%
- PepsiCo Inc 0.85%
- Battalion Clo XV Ltd 0.85%
- CONSOLIDATED EDISON COMPA 0.85%
- Alexandria Real Estate Eq 0.76%
Asset Allocation
Weighting | Return Low | Return High | PULS % Rank | |
---|---|---|---|---|
Bonds | 95.10% | 0.00% | 128.16% | 22.27% |
Other | 4.28% | -7.74% | 99.94% | 56.36% |
Convertible Bonds | 3.13% | 0.00% | 15.25% | 47.49% |
Cash | 2.97% | 0.00% | 109.89% | 67.27% |
Stocks | 0.00% | 0.00% | 95.95% | 45.00% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 34.09% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PULS % Rank | |
---|---|---|---|---|
Corporate | 27.44% | 0.00% | 99.91% | 68.95% |
Securitized | 26.48% | 0.00% | 100.00% | 50.68% |
Government | 21.09% | 0.00% | 100.00% | 15.53% |
Cash & Equivalents | 2.97% | 0.00% | 109.89% | 60.00% |
Derivative | 0.79% | -7.49% | 21.59% | 3.18% |
Municipal | 0.00% | 0.00% | 70.39% | 65.75% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PULS % Rank | |
---|---|---|---|---|
US | 95.10% | 0.00% | 128.16% | 22.27% |
Non US | 0.00% | 0.00% | 22.24% | 44.55% |
PULS - Expenses
Operational Fees
PULS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.15% | 0.02% | 29.63% | 94.04% |
Management Fee | 0.15% | 0.00% | 1.19% | 8.64% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.40% | N/A |
Sales Fees
PULS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 1.50% | 5.75% | N/A |
Deferred Load | N/A | 0.25% | 1.00% | N/A |
Trading Fees
PULS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PULS Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 10.00% | 0.00% | 369.54% | 2.70% |
PULS - Distributions
Dividend Yield Analysis
PULS | Category Low | Category High | PULS % Rank | |
---|---|---|---|---|
Dividend Yield | 5.90% | 0.00% | 8.07% | 4.09% |
Dividend Distribution Analysis
PULS | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PULS | Category Low | Category High | PULS % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.27% | -1.30% | 14.86% | 6.13% |
Capital Gain Distribution Analysis
PULS | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
May 07, 2024 | $0.223 | OrdinaryDividend |
Apr 05, 2024 | $0.244 | OrdinaryDividend |
Mar 07, 2024 | $0.221 | OrdinaryDividend |
Feb 07, 2024 | $0.252 | OrdinaryDividend |
Jan 03, 2024 | $0.259 | OrdinaryDividend |
Dec 07, 2023 | $0.240 | OrdinaryDividend |
Nov 07, 2023 | $0.238 | OrdinaryDividend |
Oct 06, 2023 | $0.224 | OrdinaryDividend |
Sep 08, 2023 | $0.228 | OrdinaryDividend |
Aug 07, 2023 | $0.234 | OrdinaryDividend |
Jul 11, 2023 | $0.231 | OrdinaryDividend |
Jun 07, 2023 | $0.225 | OrdinaryDividend |
May 05, 2023 | $0.220 | OrdinaryDividend |
Apr 10, 2023 | $0.214 | OrdinaryDividend |
Mar 07, 2023 | $0.180 | OrdinaryDividend |
Feb 07, 2023 | $0.213 | OrdinaryDividend |
Jan 04, 2023 | $0.144 | OrdinaryDividend |
Dec 07, 2022 | $0.165 | OrdinaryDividend |
Nov 07, 2022 | $0.157 | OrdinaryDividend |
Oct 07, 2022 | $0.120 | OrdinaryDividend |
Sep 08, 2022 | $0.127 | OrdinaryDividend |
Aug 05, 2022 | $0.104 | OrdinaryDividend |
Jul 08, 2022 | $0.082 | OrdinaryDividend |
Jun 07, 2022 | $0.061 | OrdinaryDividend |
May 06, 2022 | $0.048 | OrdinaryDividend |
Apr 07, 2022 | $0.042 | OrdinaryDividend |
Mar 07, 2022 | $0.037 | OrdinaryDividend |
Feb 07, 2022 | $0.041 | OrdinaryDividend |
Jan 05, 2022 | $0.064 | OrdinaryDividend |
Dec 07, 2021 | $0.040 | OrdinaryDividend |
Nov 05, 2021 | $0.040 | OrdinaryDividend |
Oct 07, 2021 | $0.041 | OrdinaryDividend |
Sep 08, 2021 | $0.042 | OrdinaryDividend |
Aug 06, 2021 | $0.049 | OrdinaryDividend |
Jul 08, 2021 | $0.050 | OrdinaryDividend |
Jun 07, 2021 | $0.050 | OrdinaryDividend |
May 07, 2021 | $0.063 | OrdinaryDividend |
Apr 08, 2021 | $0.051 | OrdinaryDividend |
Mar 05, 2021 | $0.046 | OrdinaryDividend |
Feb 05, 2021 | $0.055 | OrdinaryDividend |
Jan 05, 2021 | $0.130 | OrdinaryDividend |
Dec 07, 2020 | $0.053 | OrdinaryDividend |
Nov 06, 2020 | $0.061 | OrdinaryDividend |
Oct 07, 2020 | $0.052 | OrdinaryDividend |
Sep 08, 2020 | $0.053 | OrdinaryDividend |
Aug 07, 2020 | $0.058 | OrdinaryDividend |
Jul 08, 2020 | $0.064 | OrdinaryDividend |
Jun 05, 2020 | $0.075 | OrdinaryDividend |
May 07, 2020 | $0.091 | OrdinaryDividend |
Apr 07, 2020 | $0.107 | OrdinaryDividend |
Mar 06, 2020 | $0.082 | OrdinaryDividend |
Feb 07, 2020 | $0.097 | OrdinaryDividend |
Jan 03, 2020 | $0.154 | OrdinaryDividend |
Dec 06, 2019 | $0.099 | OrdinaryDividend |
Nov 07, 2019 | $0.099 | OrdinaryDividend |
Oct 07, 2019 | $0.173 | OrdinaryDividend |
Sep 09, 2019 | $0.105 | OrdinaryDividend |
Aug 07, 2019 | $0.125 | OrdinaryDividend |
Jul 08, 2019 | $0.117 | OrdinaryDividend |
Jun 07, 2019 | $0.109 | OrdinaryDividend |
May 07, 2019 | $0.117 | OrdinaryDividend |
Apr 05, 2019 | $0.125 | OrdinaryDividend |
Mar 07, 2019 | $0.106 | OrdinaryDividend |
Feb 07, 2019 | $0.132 | OrdinaryDividend |
Jan 03, 2019 | $0.107 | OrdinaryDividend |
Dec 07, 2018 | $0.108 | OrdinaryDividend |
Nov 07, 2018 | $0.096 | OrdinaryDividend |
Oct 05, 2018 | $0.106 | OrdinaryDividend |
Sep 10, 2018 | $0.100 | OrdinaryDividend |
Aug 07, 2018 | $0.112 | OrdinaryDividend |
Jul 09, 2018 | $0.115 | OrdinaryDividend |
Jun 07, 2018 | $0.110 | OrdinaryDividend |
May 07, 2018 | $0.081 | OrdinaryDividend |
PULS - Fund Manager Analysis
Managers
Joseph D'Angelo
Start Date
Tenure
Tenure Rank
Apr 05, 2018
4.16
4.2%
Joseph D'Angelo is a Managing Director and the Head of PGIM Fixed Income’s Money Markets Team, overseeing portfolio management of all taxable money markets portfolios. Mr. D’Angelo joined Prudential Financial in 1988, working first in the Management Accounting Group and then the Treasurer's Group. He moved to the Securities Lending Group in 1994 and assumed investment management responsibilities in 1998. Mr. D’Angelo received a BA in Economics from Swarthmore College and an MBA in Finance from New York University.
Jeffrey Venezia
Start Date
Tenure
Tenure Rank
Aug 27, 2020
1.76
1.8%
Jeffrey M. Venezia, MBA, is a Senior Associate and portfolio manager on the Money Markets Team for PGIM Fixed Income, where he actively manages client portfolios trading cash and other short term fixed income products such as Commercial Paper, Certificates of Deposits, Governments, Agencies and short Investment Grade Corporates. Previously, Mr. Venezia was an Associate for PGIM Fixed Income's Portfolio Analysis Group, responsible for managing analysts supporting the U.S. Rates and Multi-Sector portfolios. He was responsible for performing daily risk and portfolio management analysis, along with performance attribution for the team, with a focus on multi-sector strategies. Mr. Venezia also supported Prudential Financials General Account portfolios. He joined the Firm in 2000. Mr. Venezia received a BA in Clinical Psychology from the University of Connecticut and a Masters in Business Administration (MBA) with a concentration in Finance from Montclair State University.
Robert Browne
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Robert T. Browne is a Vice President and a money markets portfolio manager for PGIM Fixed Income's Money Markets Team, responsible for taxable money markets portfolios. Prior to assuming his current position in 1995, Mr. Browne spent two years analyzing and trading currency and global bonds as well as handling operations, marketing, compliance and business planning functions. Mr. Browne joined the Prudential Investment Management, Inc., in 1989. He received a BA in Economics with an emphasis in Accounting from Ursinus College.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 32.44 | 6.56 | 7.92 |