PGIM Short-Term Corporate Bond Fund- Class A (PBSMX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.61
-0.01 (-0.09%)
Oct 30, 2024, 4:00 PM EDT
4.95%
Fund Assets 8.62B
Expense Ratio 0.71%
Min. Investment $1,000
Turnover 35.00%
Dividend (ttm) 0.37
Dividend Yield 3.45%
Dividend Growth 17.93%
Payout Frequency Monthly
Ex-Dividend Date Sep 30, 2024
Previous Close 10.62
YTD Return 3.76%
1-Year Return 8.10%
5-Year Return 7.65%
52-Week Low 10.08
52-Week High 10.76
Beta (5Y) n/a
Holdings 598
Inception Date Sep 1, 1989

About PBSMX

The fund invests, under normal circumstances, at least 80% of its investable assets in bonds of corporations with varying maturities. For purposes of this policy, bonds include all fixed income securities, other than preferred stock, and corporations include all private issuers. The effective duration of the fund's portfolio is generally less than three years.

Fund Family PGIM Investments
Category Short-Term Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PBSMX
Index Bloomberg 1-5 Y Credit TR

Performance

PBSMX had a total return of 8.10% in the past year. Since the fund's inception, the average annual return has been 4.30%, including dividends.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol Share Class Expense Ratio
JDTRX Class R 1.05%
PSTQX Class R6 0.38%
PIFZX Class Z 0.47%
PIFGX R4 0.63%

Top 10 Holdings

8.50% of assets
Name Symbol Weight
Prudential Govt Money Mkt Fd n/a 1.54%
Bank of America Corp. 1.734% BAC V1.734 07.22.27 1.04%
Citigroup Inc. 1.462% C V1.462 06.09.27 0.90%
Goldman Sachs Group, Inc. 1.542% GS V1.542 09.10.27 0.80%
Bank of America Corp. 1.658% BAC V1.658 03.11.27 N 0.73%
JPMorgan Chase & Co. 1.578% JPM V1.578 04.22.27 0.72%
UnitedHealth Group Inc. 4.25% UNH 4.25 01.15.29 0.71%
BENCHMARK MORTGAGE TRUST 2.4751% BMARK 2020-IG3 A2 0.70%
Crown City Clo I 6.73362% CCITY 2020-1A A1AR 0.70%
Wells Fargo & Co. 5.198% WFC V5.198 01.23.30 0.66%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Sep 30, 2024 $0.03153 Sep 30, 2024
Aug 30, 2024 $0.03235 Aug 30, 2024
Jul 31, 2024 $0.03224 Jul 31, 2024
Jun 28, 2024 $0.03098 Jun 28, 2024
May 31, 2024 $0.03187 May 31, 2024
Apr 30, 2024 $0.03104 Apr 30, 2024
Full Dividend History