When a company such as Pgim Corporate Bond 0-5 Year Etf splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.

Looking at the PCS split history from start to finish, an original position size of 1000 shares would have turned into 2000 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Pgim Corporate Bond 0-5 Year Etf shares, starting with a $10,000 purchase of PCS, presented on a split-history-adjusted basis factoring in the complete PCS split history.

About Pgim Corporate Bond 0-5 Year Etf

MetroPCS Communications is a facilities-based wireless broadband mobile communications provider. Co. provides wireless broadband mobile services under the MetroPCS® brand in selected areas in the U.S., including the Atlanta, Boston, Dallas/Fort Worth, Detroit, Las Vegas, Los Angeles, Miami, New York, Orlando/Jacksonville, Philadelphia, Sacramento, San Francisco, and Tampa/Sarasota areas. Co. provides a range of wireless broadband mobile communications services to its subscribers on a no long-term contract, paid-in-advance basis. Co.'s products and services include voice services, data services, custom calling features, and handsets. As of Dec 31 2011, Co. had over 9.3 million customers. According to our PCS split history records, Pgim Corporate Bond 0-5 Year Etf has had 1 split.

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