About PGIM Ultra Short Bond ETF (PULS)

PGIM Ultra Short Bond ETF (PULS) is an exchange-traded fund that aims to provide investors with exposure to short-term fixed-income securities. The fund is managed by PGIM Investments, a subsidiary of Prudential Financial. PULS seeks to achieve its investment objective by investing primarily in a diversified portfolio of investment-grade debt securities with an average duration of less than one year. The fund's holdings may include U.S. Treasury securities, corporate bonds, mortgage-backed securities, and other debt instruments.

PULS is designed for investors who are seeking a conservative fixed-income investment option with low interest rate risk. The fund's ultra-short duration helps to mitigate the impact of rising interest rates on its portfolio. This makes PULS an attractive choice for investors who are concerned about interest rate volatility and want to preserve capital while earning a competitive yield. Additionally, the fund provides investors with the potential for income generation, as it pays monthly dividends.