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PGIM Ultra Short Bond ETF (PULS)

Ultrashort Bond | Exchange Traded Fund | NYSEArca
49.71 USD +0.01 (0.020%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 49.70 -0.01 (-0.010%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)
Short-term:★★⯪☆☆Long-term:★★⯪☆☆Dividends:★★★★☆
Hot Take ↕ | Aug. 22, 2026, 3:45 a.m. EDT

This instrument serves as a precise, low-volatility cash substitute rather than a traditional equity investment. The price action over the last two weeks is nearly flat, hovering within a razor-thin range between $49.57 and $49.67, which confirms its role as a stable store of value. While the long-term price trajectory shows a slight drag (-0.62% over seven years), the most recent annual return was positive (+0.24%), suggesting the underlying bond portfolio is currently generating modest real yields that are preventing a deeper decline. The dividend profile is the standout feature here; the payout has been robust and consistent, averaging well above 4% annually, though recent checks suggest a slight tapering from the peak levels seen in late 2024. This reduction in yield is likely a reflection of the broader market repricing of ultra-short duration bonds as rates stabilize. For investors seeking to park capital without the volatility of equities while earning a meaningful return, this fits the bill perfectly, but it offers no capital appreciation potential beyond the yield itself.
Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoARIMA ✓0.000848
AutoTheta0.001173
AutoETS0.001310
MSTL0.001360

Forecast horizon: 45 days | Selected: AutoARIMA

Forecast Reliability
Score 91%
H-stat 0.38
Ljung-Box p 0.000
Jarque-Bera p 0.407
Excess Kurtosis -0.93

As of Aug. 22, 2026, 3:45 a.m. EDT: Options activity is virtually dormant with negligible open interest and volume across strikes. Implied volatility is extremely low (5%), indicating a lack of speculative positioning or fear regarding near-term price moves.

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.33% 4.12% 4.97% 4.15%
Dividend History
Date Dividend Yield %
2026-06-30 0.165 0.332997
2026-05-29 0.178 0.359161
2026-04-30 0.166 0.334948
2026-03-31 0.179 0.361616
2026-03-02 0.165 0.332594
2026-02-02 0.184 0.370818
2025-12-30 0.226 0.455829
2025-12-01 0.189 0.380895
2025-11-03 0.197 0.396857
2025-10-01 0.194 0.390656
2025-09-02 0.199 0.401048
2025-08-01 0.199 0.400967
2025-07-01 0.192 0.387253
2025-06-02 0.199 0.401615
2025-05-01 0.195 0.394258
2025-04-01 0.199 0.401696
2025-03-03 0.182 0.366862
2025-02-03 0.200 0.403388
2024-12-27 0.250 0.504847
2024-12-02 0.207 0.417339
2024-11-01 0.215 0.433818
2024-10-01 0.229 0.461787
2024-09-03 0.234 0.472250
2024-08-01 0.237 0.478401
2024-07-01 0.240 0.485142
2024-06-03 0.236 0.476383
2024-05-01 0.223 0.450505
2024-04-01 0.244 0.493228
2024-03-01 0.221 0.446735
2024-02-01 0.252 0.509606
2023-12-27 0.259 0.524716
2023-12-01 0.240 0.486322
2023-11-01 0.238 0.483249
2023-10-02 0.224 0.454730
2023-09-01 0.228 0.462850
2023-08-01 0.234 0.475416
2023-07-03 0.231 0.469512
2023-06-01 0.225 0.457596
2023-05-01 0.220 0.447700
2023-04-03 0.214 0.435579
2023-03-01 0.180 0.365334
2023-02-01 0.213 0.432751
2022-12-28 0.144 0.293458
2022-12-01 0.165 0.336597
2022-11-01 0.157 0.321063
2022-10-03 0.120 0.244998
2022-09-01 0.127 0.258867
2022-08-01 0.104 0.212375
2022-07-01 0.082 0.167432
2022-06-01 0.061 0.124312
2022-05-02 0.048 0.097660
2022-04-01 0.042 0.085453
2022-03-01 0.037 0.074990
2022-02-01 0.041 0.082962
2021-12-29 0.063 0.127298
2021-12-01 0.040 0.080743
2021-11-01 0.040 0.080645
2021-10-01 0.041 0.082578
2021-09-01 0.042 0.084558
2021-08-02 0.049 0.098592
2021-07-01 0.049 0.098552
2021-06-01 0.050 0.100442
2021-05-03 0.063 0.126582
2021-04-01 0.051 0.102389
2021-03-01 0.046 0.092314
2021-02-01 0.055 0.110309
2020-12-29 0.130 0.260782
2020-12-01 0.053 0.106170
2020-11-02 0.061 0.122392
2020-10-01 0.052 0.104271
2020-09-01 0.053 0.106234
2020-08-03 0.058 0.116349
2020-07-01 0.064 0.128643
2020-06-01 0.075 0.151149
2020-05-01 0.091 0.184809
2020-04-01 0.107 0.219848
2020-03-02 0.082 0.164000
2020-02-03 0.097 0.193806
2019-12-27 0.154 0.307969
2019-12-02 0.099 0.197842
2019-11-01 0.099 0.197763
2019-10-01 0.173 0.345862
2019-09-03 0.105 0.209727
2019-08-01 0.125 0.249411
2019-07-01 0.117 0.233626
2019-06-03 0.109 0.217848
2019-05-01 0.117 0.233827
2019-04-01 0.125 0.249825
2019-03-01 0.106 0.211958
2019-02-01 0.132 0.264106
2018-12-27 0.107 0.214459
2018-12-03 0.108 0.216086
2018-11-01 0.096 0.192019
2018-10-01 0.106 0.211831
2018-09-04 0.100 0.199800
2018-08-01 0.112 0.223933
2018-07-02 0.115 0.230092
2018-06-01 0.110 0.219956
2018-05-01 0.081 0.161935
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendDate 2018-06-07
dividendYield 4.87

Info Dump

Attribute Value
All Time High 51.0
All Time Low 46.8
Ask 49.71
Ask Size 60,500
Average Daily Volume10 Day 2,805,520
Average Daily Volume3 Month 2,687,469
Average Volume 2,687,469
Average Volume10Days 2,805,520
Beta3 Year 0.03
Bid 49.7
Bid Size 27,600
Category Ultrashort Bond
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 49.72
Day Low 49.7
Dividend Date 1,528,329,600
Dividend Yield 4.87
Esg Populated 0
Exchange PCX
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 49.6304
Fifty Day Average Change 0.07959747
Fifty Day Average Change Percent 0.0016038048
Fifty Two Week Change Percent 0.18137693
Fifty Two Week High 49.84
Fifty Two Week High Change -0.13000107
Fifty Two Week High Change Percent -0.0026083682
Fifty Two Week Low 49.5
Fifty Two Week Low Change 0.20999908
Fifty Two Week Low Change Percent 0.0042424058
Fifty Two Week Range 49.5 - 49.84
First Trade Date Milliseconds 1,523,367,000,000
Five Year Average Return 0.043017503
Full Exchange Name NYSEArca
Fullday Change 0.00999832
Fullday Change Percent 0.0201173
Fullday Price 49.7
Fund Family PGIM
Fund Inception Date 1,522,886,400
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary 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.
Long Name PGIM Ultra Short Bond ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_550425246
Nav Price 49.69643
Net Assets 18,267,213,800.0
Net Expense Ratio 0.15
Open 49.71
Phone (973) 367-7521
Post Market Change -0.0099983215
Post Market Change Percent -0.0201133
Post Market Price 49.7
Post Market Time 1,787,959,806
Previous Close 49.7
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.00999832
Regular Market Change Percent 0.0201173
Regular Market Day High 49.72
Regular Market Day Low 49.7
Regular Market Day Range 49.7 - 49.72
Regular Market Open 49.71
Regular Market Previous Close 49.7
Regular Market Price 49.71
Regular Market Time 1,787,947,200
Regular Market Volume 7,798,766
Short Name PGIM Ultra Short Bond ETF
Source Interval 15
Symbol PULS
Three Year Average Return 0.0539812
Total Assets 18,267,213,824
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 1.02865
Trailing Three Month Returns 1.02865
Triggerable 1
Two Hundred Day Average 49.6552
Two Hundred Day Average Change 0.054798126
Two Hundred Day Average Change Percent 0.0011035728
Type Disp ETF
Volume 7,798,766
Yield 0.048699997
Ytd Return 2.36751