PGIM Short-Term Corporate Bond Fund - Class R (JDTRX)
| Fund Assets | 8.36B |
| Expense Ratio | 1.04% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.47% |
| Dividend Growth | 6.70% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 10.75 |
| YTD Return | -0.36% |
| 1-Year Return | 3.81% |
| 5-Year Return | 7.43% |
| 52-Week Low | 10.56 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 656 |
| Inception Date | May 17, 2004 |
About JDTRX
PGIM Short-Term Corporate Bond Fund Class R is a mutual fund designed to seek high current income while preserving principal through investment in corporate bonds. It allocates at least 80% of its assets to a diversified portfolio of investment-grade corporate debt securities, emphasizing short-term instruments with an average duration of approximately 2.7 years and average maturity of 5.9 years. The fund's holdings feature significant exposure to sectors such as automotive, energy midstream, REITs, telecom, and consumer non-cyclical, with credit quality predominantly in A (28.3%) and BBB (46.3%) ratings, alongside smaller allocations to higher-rated AAA and AA bonds. Dividends accrue daily and are paid monthly, with capital gains distributed annually. Managed within the short-term bond style, it targets investors interested in the yield potential of corporate bonds relative to government securities, maintaining a focus on risk-adjusted income generation in fixed-income markets. PGIM Short-Term Corporate Bond Fund Class R serves as a core holding for those prioritizing stability and income in their bond allocations.
Performance
JDTRX had a total return of 3.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.73%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02864 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03174 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03211 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03073 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03219 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03108 | Sep 30, 2025 |