PGIM Absolute Return Bond Fund- Class Z (PADZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.12
-0.01 (-0.11%)
Jun 12, 2024, 4:00 PM EDT
2.82%
Fund Assets 2.21B
Expense Ratio 0.72%
Min. Investment $1,000
Turnover 156.00%
Dividend (ttm) 0.54
Dividend Yield 5.97%
Dividend Growth 41.62%
Payout Frequency Monthly
Ex-Dividend Date May 31, 2024
Previous Close 9.13
YTD Return 3.47%
1-Year Return 7.77%
5-Year Return 18.36%
52-Week Low 8.86
52-Week High 9.14
Beta (5Y) n/a
Holdings 969
Inception Date Mar 30, 2011

About PADZX

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 PADZX
Index ICE BofA US 3-Month T Bill TR IX

Performance

PADZX had a total return of 7.77% in the past year. Since the fund's inception, the average annual return has been -0.69%, including dividends.

Other Share Classes

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

Symbol Share Class Expense Ratio
PADQX Class R6 0.65%
PADAX Class A 0.98%
PADCX Class C 1.75%

Top 10 Holdings

37.36% of assets
Name Symbol Weight
United States Treasury Notes 4% T 4 12.15.25 5.89%
PGIM Core Short-Term Bond PRCSTBA 5.45%
United States Treasury Notes 4.25% T 4.25 05.31.25 5.01%
Usd/Eur Fwd 20240719 Bnpafrpp n/a 4.16%
Usd/Eur Fwd 20240719 955 n/a 3.14%
3 Month SOFR Future Mar 24 n/a 2.89%
United States Treasury Notes 4.625% T 4.625 06.30.25 2.88%
Usd/Eur Fwd 20240719 0997 n/a 2.87%
Prudential Govt Money Mkt Fd n/a 2.80%
United States Treasury Notes 0.375% T 0.375 04.30.25 2.29%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 31, 2024 $0.0443 May 31, 2024
Apr 30, 2024 $0.0444 Apr 30, 2024
Mar 28, 2024 $0.046 Mar 28, 2024
Feb 29, 2024 $0.0431 Feb 29, 2024
Jan 31, 2024 $0.0474 Jan 31, 2024
Dec 29, 2023 $0.04508 Dec 29, 2023
Full Dividend History