PULS: PGIM Ultra Short Bond ETF - MutualFunds.com
Continue to site >
Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$49.68

-

1.41%

$0.70

0.15%

Vitals

YTD Return

-0.3%

1 yr return

1.0%

3 Yr Avg Return

1.9%

5 Yr Avg Return

N/A

Net Assets

$1.88 B

Holdings in Top 10

15.3%

52 WEEK LOW AND HIGH

$49.69
$49.67
$49.97

Expenses

OPERATING FEES

Expense Ratio 0.15%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 47.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

N/A

IRA

N/A


Fund Classification

Fund Type

Exchange Traded Fund

Investment Style

Ultrashort Bond


Name

Price

Aum/Mkt Cap

YIELD & DIV

Exp Ratio

Watchlist

$49.68

-

1.41%

$0.70

0.15%

PULS - Profile

Distributions

  • YTD Total Return -0.3%
  • 3 Yr Annualized Total Return 1.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 2.12%
DIVIDENDS
  • Dividend Yield 1.4%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PGIM Ultra Short Bond ETF
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Apr 05, 2018
  • Shares Outstanding
    37750000
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Joseph D'Angelo

Fund Description

The fund invests primarily in a portfolio of investment grade, U.S. dollar denominated short-term fixed, variable and floating rate debt instruments. Under normal market conditions, it invests at least 80% of its investable assets in bonds with varying maturities. Although the fund may invest in instruments of any duration or maturity, it normally will seek to maintain a weighted average portfolio duration of one year or less and a weighted average maturity of three years or less.


PULS - Performance

Return Ranking - Trailing

Period PULS Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -1.5% 1.3% 88.33%
1 Yr 1.0% -0.9% 10.4% 25.00%
3 Yr 1.9%* -0.3% 3.3% 30.70%
5 Yr N/A* 0.5% 4.4% N/A
10 Yr N/A* 0.0% 3.5% N/A

* Annualized

Return Ranking - Calendar

Period PULS Return Category Return Low Category Return High Rank in Category (%)
2020 -0.4% -3.1% 1.8% 83.55%
2019 0.2% -1.2% 6.1% 68.52%
2018 N/A -9.4% 0.4% N/A
2017 N/A -2.0% 100.0% N/A
2016 N/A -1.4% 900.0% N/A

Total Return Ranking - Trailing

Period PULS Return Category Return Low Category Return High Rank in Category (%)
YTD -0.3% -1.5% 1.3% 84.58%
1 Yr 1.0% -5.0% 10.4% 23.75%
3 Yr 1.9%* -0.3% 3.3% 29.39%
5 Yr N/A* 0.4% 4.4% N/A
10 Yr N/A* 0.0% 3.5% N/A

* Annualized

Total Return Ranking - Calendar

Period PULS Return Category Return Low Category Return High Rank in Category (%)
2020 -0.4% -3.1% 1.8% 83.55%
2019 0.2% -1.2% 6.1% 68.52%
2018 N/A -51.1% 2.0% N/A
2017 N/A -2.0% 6.1% N/A
2016 N/A -1.4% 900.0% N/A

PULS - Holdings

Concentration Analysis

PULS Category Low Category High PULS % Rank
Net Assets 1.88 B 24.6 K 21 B 43.32%
Number of Holdings 398 1 3082 41.06%
Net Assets in Top 10 284 M -120 M 10.2 B 40.24%
Weighting of Top 10 15.29% 0.1% 100.0% 57.61%

Top 10 Holdings

  1. Prudential Invt Portfolios 2 7.83%
  2. 2 Year Treasury Note Future Dec 20 1.32%
  3. 2 Year Treasury Note Future Dec 20 1.32%
  4. 2 Year Treasury Note Future Dec 20 1.32%
  5. 2 Year Treasury Note Future Dec 20 1.32%
  6. 2 Year Treasury Note Future Dec 20 1.32%
  7. 2 Year Treasury Note Future Dec 20 1.32%
  8. 2 Year Treasury Note Future Dec 20 1.32%
  9. 2 Year Treasury Note Future Dec 20 1.32%
  10. 2 Year Treasury Note Future Dec 20 1.32%

Asset Allocation

Weighting Return Low Return High PULS % Rank
Bonds
73.24% 0.00% 100.28% 62.20%
Cash
16.72% -3.94% 100.00% 51.63%
Other
7.83% -12.65% 14.34% 2.03%
Convertible Bonds
2.21% 0.00% 14.76% 43.50%
Stocks
0.00% 0.00% 17.55% 15.85%
Preferred Stocks
0.00% 0.00% 0.00% 4.47%

Bond Sector Breakdown

Weighting Return Low Return High PULS % Rank
Corporate
38.10% 0.00% 99.56% 48.78%
Securitized
28.28% 0.00% 96.89% 43.50%
Government
18.91% 0.00% 100.00% 11.79%
Cash & Equivalents
14.71% 0.00% 100.00% 56.91%
Derivative
0.00% 0.00% 24.63% 12.20%
Municipal
0.00% 0.00% 67.39% 47.56%

Bond Geographic Breakdown

Weighting Return Low Return High PULS % Rank
US
44.10% 0.00% 100.00% 73.98%
Non US
29.14% 0.00% 78.37% 5.69%

PULS - Expenses

Operational Fees

PULS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.15% 0.03% 1.60% 92.62%
Management Fee 0.15% 0.00% 1.19% 8.91%
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 0.50% 3.75% N/A
Deferred Load N/A 0.25% 5.00% N/A

Trading Fees

PULS Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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 47.00% 0.00% 326.00% 26.09%

PULS - Distributions

Dividend Yield Analysis

PULS Category Low Category High PULS % Rank
Dividend Yield 1.41% 0.00% 0.33% 11.34%

Dividend Distribution Analysis

PULS Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Monthly

Net Income Ratio Analysis

PULS Category Low Category High PULS % Rank
Net Income Ratio 2.12% -0.20% 3.81% 4.58%

Capital Gain Distribution Analysis

PULS Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

PULS - Fund Manager Analysis

Managers

Joseph D'Angelo


Start Date

Tenure

Tenure Rank

Apr 05, 2018

3.41

3.4%

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

1.01

1.0%

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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.06 31.69 5.84 3.42