PGIM Absolute Return Bond Fund - Class A (PADAX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.09
0.00 (0.00%)
May 29, 2025, 4:00 PM EDT
0.00%
Fund Assets 1.04B
Expense Ratio 0.95%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.46
Dividend Yield 4.94%
Dividend Growth -10.23%
Payout Frequency Monthly
Ex-Dividend Date Apr 30, 2025
Previous Close 9.09
YTD Return 0.20%
1-Year Return 3.92%
5-Year Return 24.32%
52-Week Low 9.03
52-Week High 9.16
Beta (5Y) n/a
Holdings 1216
Inception Date Mar 30, 2011

About PADAX

PADAX was founded on 2011-03-30. The Fund's investment strategy focuses on Abs Return Bond with 0.97% total expense ratio. The minimum amount to invest in Prudential Investment Portfolios 9: PGIM Absolute Return Bond Fund; Class A Shares is $1,000 on a standard taxable account. Prudential Investment Portfolios 9: PGIM Absolute Return Bond Fund; Class A Shares seeks positive returns over the long term, regardless of market conditions. In seeking to achieve its objective the Fund may invest in money market instruments, repurchase agreements, reverse repurchase agreements, as well as other securities.

Category Nontraditional Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PADAX
Share Class Class A
Index ICE BofA US 3-Month T Bill TR IX

Performance

PADAX had a total return of 3.92% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.91%.

Top 10 Holdings

34.87% of assets
Name Symbol Weight
United States Treasury Notes 1.25% T.1.25 11.30.26 7.21%
PGIM Ultra Short Bond ETF PULS 3.42%
Usd/Eur Fwd 20250722 0997 n/a 3.40%
United States Treasury Notes 4.375% T.4.375 12.15.26 3.35%
Usd/Eur Fwd 20250722 2568 n/a 3.32%
United States Treasury Notes 0.625% T.0.625 07.31.26 3.31%
Usd/Eur Fwd 20250722 Midlgb22 n/a 3.17%
United States Treasury Notes 0.75% T.0.75 05.31.26 2.83%
PGIM AAA CLO ETF PAAA 2.70%
Prudential Govt Money Mkt Fd n/a 2.17%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
Apr 30, 2025 $0.03464 Apr 30, 2025
Mar 31, 2025 $0.03718 Mar 31, 2025
Feb 28, 2025 $0.03374 Feb 28, 2025
Jan 31, 2025 $0.0345 Jan 31, 2025
Dec 31, 2024 $0.04132 Dec 31, 2024
Nov 29, 2024 $0.03996 Nov 29, 2024
Full Dividend History