PGIM Ultra Short Bond ETF (PULS)
PULS is an actively managed ETF by Prudential. PULS launched on Apr 5, 2018 and has a 0.15% expense ratio.
ETF Info
US69344A1079
69344A107
Apr 5, 2018
Developed Markets (Broad)
1x
No Index (Active)
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Ultra Short Bond ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PGIM Ultra Short Bond ETF had a return of 5.47% year-to-date (YTD) and 6.35% in the last 12 months.
PULS
5.47%
0.39%
2.89%
6.35%
3.10%
N/A
^GSPC (Benchmark)
24.72%
1.67%
12.93%
30.55%
13.88%
11.16%
Monthly Returns
The table below presents the monthly returns of PULS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.63% | 0.43% | 0.53% | 0.50% | 0.55% | 0.38% | 0.55% | 0.56% | 0.49% | 0.40% | 5.47% | ||
| 2023 | 0.63% | 0.55% | 0.02% | 0.62% | 0.45% | 0.50% | 0.62% | 0.53% | 0.42% | 0.41% | 0.67% | 0.67% | 6.26% |
| 2022 | -0.06% | -0.20% | -0.15% | 0.04% | -0.02% | 0.00% | 0.15% | 0.44% | 0.08% | 0.14% | 0.63% | 0.47% | 1.52% |
| 2021 | 0.14% | 0.01% | 0.07% | 0.08% | 0.07% | -0.02% | 0.08% | 0.04% | 0.02% | -0.04% | -0.02% | 0.05% | 0.48% |
| 2020 | 0.16% | 0.19% | -2.77% | 1.50% | 0.94% | 0.47% | 0.29% | 0.24% | 0.07% | 0.08% | 0.22% | 0.13% | 1.47% |
| 2019 | 0.37% | 0.24% | 0.29% | 0.27% | 0.26% | 0.22% | 0.27% | 0.23% | 0.25% | 0.25% | 0.17% | 0.34% | 3.21% |
| 2018 | 0.21% | 0.16% | 0.21% | 0.24% | 0.28% | 0.18% | 0.14% | 0.15% | 0.12% | 1.71% |
Expense Ratio
PULS has an expense ratio of 0.15%, which is considered low compared to other funds.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current risk-adjusted rank of PULS is 100, placing it in the top 0% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Ultra Short Bond ETF (PULS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Ultra Short Bond ETF provided a 5.69% dividend yield over the last twelve months, with an annual payout of $2.83 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|
| Dividend | $2.83 | $2.71 | $1.13 | $0.59 | $0.92 | $1.46 | $0.94 |
Dividend yield | 5.69% | 5.48% | 2.30% | 1.19% | 1.85% | 2.92% | 1.87% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Ultra Short Bond ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.25 | $0.22 | $0.24 | $0.22 | $0.24 | $0.24 | $0.24 | $0.23 | $0.23 | $0.22 | $2.33 | |
| 2023 | $0.00 | $0.21 | $0.18 | $0.21 | $0.22 | $0.23 | $0.23 | $0.23 | $0.23 | $0.22 | $0.24 | $0.50 | $2.71 |
| 2022 | $0.00 | $0.04 | $0.04 | $0.04 | $0.05 | $0.06 | $0.08 | $0.10 | $0.13 | $0.12 | $0.16 | $0.31 | $1.13 |
| 2021 | $0.00 | $0.06 | $0.05 | $0.05 | $0.06 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.10 | $0.59 |
| 2020 | $0.00 | $0.10 | $0.08 | $0.11 | $0.09 | $0.08 | $0.06 | $0.06 | $0.05 | $0.05 | $0.06 | $0.18 | $0.92 |
| 2019 | $0.00 | $0.13 | $0.11 | $0.13 | $0.12 | $0.11 | $0.12 | $0.13 | $0.11 | $0.17 | $0.10 | $0.25 | $1.46 |
| 2018 | $0.08 | $0.11 | $0.12 | $0.11 | $0.10 | $0.11 | $0.10 | $0.22 | $0.94 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Ultra Short Bond ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Ultra Short Bond ETF was 5.85%, occurring on Mar 20, 2020. Recovery took 62 trading sessions.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -5.85% | Feb 24, 2020 | 20 | Mar 20, 2020 | 62 | Jun 18, 2020 | 82 |
| -0.79% | Mar 13, 2023 | 2 | Mar 14, 2023 | 15 | Apr 4, 2023 | 17 |
| -0.54% | Nov 16, 2021 | 86 | Mar 21, 2022 | 101 | Aug 15, 2022 | 187 |
| -0.2% | May 5, 2023 | 1 | May 5, 2023 | 12 | May 23, 2023 | 13 |
| -0.14% | Aug 2, 2019 | 3 | Aug 6, 2019 | 13 | Aug 23, 2019 | 16 |
Volatility
Volatility Chart
The current PGIM Ultra Short Bond ETF volatility is 0.12%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.