PGIM Short-Term Corporate Bond Fund - Class R (JDTRX)
| Fund Assets | 8.33B |
| Expense Ratio | 1.04% |
| Min. Investment | $0.00 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.41% |
| Dividend Growth | 6.76% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.87 |
| YTD Return | 0.66% |
| 1-Year Return | 6.55% |
| 5-Year Return | 9.21% |
| 52-Week Low | 10.24 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 637 |
| Inception Date | May 17, 2004 |
About JDTRX
PGIM Short-Term Corporate Bond Fund Class R is an open-end mutual fund focused on investment-grade corporate debt with a **short effective duration**, generally kept under three years to help moderate interest-rate sensitivity. The fund normally invests at least 80% of investable assets in bonds issued by corporations, spanning varied maturities and sectors across the U.S. credit market. It pays **monthly income distributions**, reflecting its bond-focused strategy, and maintains a diversified portfolio with hundreds of holdings to spread issuer and sector risk. Positioned within the short-term bond category, it aims to provide current income and capital preservation characteristics relative to longer-duration credit funds, balancing credit exposure with limited rate risk. The strategy is supported by a sizable asset base and ongoing portfolio turnover to manage credit opportunities and duration profile over time. Morningstar notes the fund within its short-term bond peer group framework, emphasizing the category’s lower rate sensitivity compared with intermediate or long-duration portfolios. Overall, PGIM Short-Term Corporate Bond Fund Class R serves as a core short-duration credit allocation for investors seeking diversified, investment-grade corporate bond exposure with controlled duration risk.
Performance
JDTRX had a total return of 6.55% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.12%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| 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 |
| Aug 29, 2025 | $0.03222 | Aug 29, 2025 |