The PGIM Ultra Short Municipal Bond ETF (Ticker: PUSH) is a strategic investment vehicle designed to offer investors exposure to high-quality, investment-grade municipal bonds with an ultra-short maturity horizon. Positioned within the government and local authority/municipal category, this ETF caters to sophisticated investors seeking stable income with minimal interest rate risk. It provides a unique opportunity to invest in municipal bonds, which are known for their tax-exempt benefits, thereby enhancing after-tax returns for investors.
PUSH focuses predominantly on short-duration bonds issued by municipalities, offering a defensive approach to bond investing. This focus on ultra-short-term bonds helps mitigate the risks associated with interest rate fluctuations, making it an attractive option for those looking to preserve capital while still achieving modest income generation. The fund's emphasis on investment-grade securities ensures a high level of credit quality, aligning with the needs of risk-averse investors.
By investing in the PGIM Ultra Short Municipal Bond ETF, investors can benefit from a diversified portfolio of municipals, providing both geographical and sectoral diversification. This ETF is an ideal choice for investors aiming to balance liquidity needs with the desire to maintain exposure to the municipal bond market's potential for tax-advantaged income. Whether you are looking to enhance your fixed-income strategy or seeking a conservative addition to your portfolio, PUSH offers a robust solution tailored to today's dynamic market conditions.
PGIM Ultra Short Municipal Bond ETF (PUSH) Fund Flow Chart
PGIM Ultra Short Municipal Bond ETF (PUSH) 1 year Net Flows: $676M
PUSH ETF FAQ
What was PUSH’s price range in the past 12 months?
PUSH lowest ETF price was $49.87 and its highest was $50.85 in the past 12 months.