September 16, 2019 BARRON’S 33
STRENGTHEN YOUR
ACTIVE CASH MANAGEMENT
STRATEGY WITH PULS.
1
As of 6/30/2019.2
PGIM as of 12/31/2018.AverageAnnualTotalReturns(%)asof6/30/2019.MarketPrice:QTR0.77,YTD1.67,Life3.41,InceptionDate4/10/2018.NAVPrice:QTR0.78,YTD1.71,Life 3.42,
InceptionDate4/5/2018.Market Priceisdeterminedusingthemidpointbetweenthehighestbidandthelowestofferonthelistingexchange,asofthetimethattheFund
NAViscalculated.NAV Price(NetAssetValue)istotalassetslesstotalliabilitiesdividedbythenumberofsharesoutstanding.
ETF shares are not individually redeemable from the Fund. Shares may only beredeemed directly from the Fund by Authorized Participants in Creation Units only.
RecipientoftheFundIntelligence2019MutualFundandETFAwardforNewActiveETFoftheYear.ETFawardsaregiventothemostsuccessfulETFineachcategory.
NewActiveETFoftheYearisgiventothemostsuccessfulactiveETFasdeterminedbyacombinationofseveralfactors,includingflows,performanceand innovation. The
ETFmustbeconsideredactivebytheSecuritiesandExchangeCommissiontoqualify.ETFslaunchedonorafterJan.1,2018areeligibleforentry.
TheFundisanactivelymanagedexchangetradedfund(ETF)and,thus,doesnotseektoreplicatetheperformanceofaspecifiedindex.TheFundisnotamoney market
Fundanddoesnotseektomaintainastablenetassetvalue.ForFund-specificrisklanguage,pleaseseetheFund’sprospectus,availableatpgiminvestments.com/PULS.
Investinginvolvesrisk.Somehavemoreriskthanothers.Theinvestmentreturnandprincipalvaluewillfluctuateandinvestor’sshareswhensoldmay be worth more or less
than the original cost.
Considerafund’sinvestmentobjectives,risks,chargesandexpensescarefullybeforeinvesting.Theprospectusandsummaryprospectuscontainthis and other information
aboutthefund.Formoreinformationaboutafund,contactyourfinancialprofessionalforaprospectusandthesummaryprospectus.Readthemcarefully before investing.
Funds are distributed by Prudential Investment Management Services LLC (PIMS) and member SIPC. PGIM Fixed Income is a unit of PGIM, a registered investment advisor.
PIMS and PGIM are Prudential Financial companies.
© 2019 Prudential Financial, Inc. and its related entities. PGIM and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities,registeredinmany
jurisdictions worldwide.
1023878-00001-00
MUTUAL FUNDS | ETFs | TARGET DATE FUNDS | MANAGED ACCOUNTS
PGIM Ultra Short Bond ETF (PULS)offers an attractive yield and
is among the lowest-cost actively managed ETFs.
Managed by PGIM Fixed Income, a global fixed income leader
with over $743 billion in AUM,
2
PULS invests in a variety ofshort-term debt instruments through a high-quality, risk-managed
approach.
Optimize your growth potential with PULS.
Get the fund facts atpgiminvestments.com/PULS.
Past performance does not guarantee future results, and current
performance may be lower or higher than the past performance
data quoted. The investment return and principal value will
fluctuate, and shares, when sold, may be worth more or less than
the original cost. For the most recent month-end performance,
visit pgiminvestments.com.
0.15%
LOW COST
Total Annual
Expense Ratio
2.58%
ATTRACTIVE YIELD
30-Day
SEC Yield
1AWARD WINNER
2019 New Active
ETFoftheYear
PGIMULTRASHORTBONDETF(PULS)