PGIM Absolute Return Bond Fund- Class R6 (PADQX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.07
+0.01 (0.11%)
Aug 29, 2024, 4:00 PM EDT
2.02% (1Y)
| Fund Assets | 2.52B |
| Expense Ratio | 0.65% |
| Min. Investment | $0.00 |
| Turnover | 156.00% |
| Dividend (ttm) | 0.55 |
| Dividend Yield | 6.03% |
| Dividend Growth | 24.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2024 |
| Previous Close | 9.06 |
| YTD Return | 4.29% |
| 1-Year Return | 6.73% |
| 5-Year Return | 18.84% |
| 52-Week Low | 8.84 |
| 52-Week High | 9.09 |
| Beta (5Y) | n/a |
| Holdings | 997 |
| Inception Date | Mar 30, 2011 |
About PADQX
The fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in debt securities (generally referred to as "bonds") and/or investments that provide exposure to bonds. It may invest up to 50% of its total assets in debt securities that are rated below investment grade (which are sometimes referred to as "junk bonds") or, if unrated, of comparable quality at the time of purchase as determined by the fund's subadviser.
Fund Family PGIM Investments
Category Nontraditional Bond
Performance Rating Above Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PADQX
Index ICE BofA US 3-Month T Bill TR IX
Performance
PADQX had a total return of 6.73% in the past year. Since the fund's inception, the average annual return has been 3.17%, including dividends.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PADZX | Class Z | 0.72% |
| PADAX | Class A | 0.98% |
| PADCX | Class C | 1.75% |
Top 10 Holdings
39.32% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T 4 12.15.25 | 7.49% |
| Usd/Eur Fwd 20241021 0997 | n/a | 7.12% |
| United States Treasury Notes 4.25% | T 4.25 05.31.25 | 5.53% |
| United States Treasury Bonds 3.375% | T 3.375 11.15.48 | 3.95% |
| Prudential Govt Money Mkt Fd | n/a | 2.97% |
| Usd/Eur Fwd 20241021 5 | n/a | 2.83% |
| Usd/Eur Fwd 20241021 Midlgb22 | n/a | 2.83% |
| PGIM Ultra Short Bond ETF | PULS | 2.56% |
| PGIM Core Short-Term Bond | PRCSTBA | 2.05% |
| United States Treasury Notes 0.375% | T 0.375 04.30.25 | 2.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2024 | $0.04371 | Jul 31, 2024 |
| Jun 28, 2024 | $0.04281 | Jun 28, 2024 |
| May 31, 2024 | $0.04462 | May 31, 2024 |
| Apr 30, 2024 | $0.04458 | Apr 30, 2024 |
| Mar 28, 2024 | $0.04628 | Mar 28, 2024 |
| Feb 29, 2024 | $0.04335 | Feb 29, 2024 |