PGIM Ultra Short Bond ETF PULS NYSE

PGIM Ultra Short Bond ETF (PULS) is a fixed income investment fund that primarily invests in a diversified portfolio of investment-grade, U.S. dollar-denominated short-term debt instruments, including bonds with fixed, variable, and floating interest rates. Under normal market conditions, the fund maintains at least 80% of its investable assets in bonds of varying maturities. The fund seeks to maintain a weighted average portfolio duration of one year or less and a weighted average maturity of three years or less, positioning it as a conservative fixed income strategy designed for investors seeking stable returns with minimal interest rate risk.