---
ticker: "PULS"
name: "PGIM Ultra Short Bond ETF"
url: "https://etf.net/etf/PULS"
grade: "A"
score: 78
graded_at: "2026-10-12"
category: "Cash & Ultra-Short Income"
category_rank: "8 of 78"
methodology: "https://etf.net/methodology"
---

# PULS: PGIM Ultra Short Bond ETF

Grade **A**, Score 78 of 100. Rank 8 of 78 in Cash & Ultra-Short Income.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 68 | 21 of 78 |
| Mission | 100 | 1 of 66 |
| Risk | 62 | 4 of 75 |
| Tradability | 77 | 14 of 78 |
| Holdings | 80 | 11 of 77 |
| Durability | 84 | 11 of 78 |

## Top holdings

The fund holds 841 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | PAAA | Pgim Aaa Clo Etf | 2.20% |
| 2 | — | Suncor Energy Inc. | 1.01% |
| 3 | — | Essential Utils In 0.0 21OCT26 144A | 0.76% |
| 4 | — | Givaudan Utd St In 0.0 22OCT26 144A | 0.66% |
| 5 | — | Intesa Sanpaolo Spa N Y Brh 01JUL27 | 0.65% |
| 6 | — | US Dollar | 0.57% |
| 7 | — | Alexandria Real Es 0.0 16OCT26 144A | 0.56% |
| 8 | — | Net Current Assets | 0.55% |
| 9 | — | Simon Ppty Group L P Di 0.0 19OCT26 | 0.55% |
| 10 | — | Healthpeak Op Llc 0.0 22OCT26 144A | 0.55% |
| 11 | — | Glencore Fdg Llc Disc C 0.0 04NOV26 | 0.47% |
| 12 | — | Abn Amro Bank NV | 0.47% |
| 13 | — | Hudson Yards 2025-SPRL Mortgage Trust | 0.47% |
| 14 | — | Sofi Consumer Loan Program Trust 2026-C | 0.46% |
| 15 | — | Alexandria Real Es 0.0 23OCT26 144A | 0.46% |
| 16 | — | Veralto Corp Disc Coml 0.0 02NOV26 | 0.46% |
| 17 | — | Ballyrock Clo 20 Ltd | 0.45% |
| 18 | — | Federation Des Caisses Desjardins Du Quebec | 0.42% |
| 19 | — | Sempra Disc Coml P 0.0 03NOV26 144A | 0.42% |
| 20 | — | Enbridge U’s Inc Disc C 0.0 23OCT26 | 0.41% |
| 21 | — | Nutrien Ltd Disc Coml P 0.0 26OCT26 | 0.41% |
| 22 | — | Scg Commercial Mortgage Trust 2025-DLFN | 0.40% |
| 23 | — | Citigroup Global Mkts 0.00 28APR27 | 0.40% |
| 24 | — | Park Avenue Institutional Advisers Clo Ltd 2019-2 | 0.38% |
| 25 | — | Bx Commercial Mortgage Trust 2021-ACNT | 0.38% |
| 26 | — | Marsh & Mclennan Cos In 0.0 26OCT26 | 0.37% |
| 27 | — | Advanced Micro Devices Inc | 0.37% |
| 28 | — | Enbridge Inc Disc 0.0 29OCT26 144A | 0.36% |
| 29 | — | Sempra | 0.36% |
| 30 | — | Affirm Master Trust | 0.34% |

Source: etf.net, https://etf.net/etf/PULS. Please cite the page URL.