PGIM Absolute Return Bond Fund- Class Z (PADZX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
9.12
0.00 (0.00%)
Jul 18, 2024, 9:30 AM EDT
2.47% (1Y)
| Fund Assets | 2.39B |
| Expense Ratio | 0.72% |
| Min. Investment | $0.00 |
| Turnover | 156.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 5.97% |
| Dividend Growth | 33.81% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 28, 2024 |
| Previous Close | 9.12 |
| YTD Return | 3.86% |
| 1-Year Return | 7.41% |
| 5-Year Return | 18.38% |
| 52-Week Low | 8.88 |
| 52-Week High | 9.14 |
| Beta (5Y) | n/a |
| Holdings | 1027 |
| 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 7.41% in the past year. Since the fund's inception, the average annual return has been -0.70%, 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
36.21% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 4% | T 4 12.15.25 | 7.79% |
| United States Treasury Notes 4.25% | T 4.25 05.31.25 | 5.76% |
| United States Treasury Bonds 3.375% | T 3.375 11.15.48 | 4.01% |
| Usd/Eur Fwd 20240719 Bnpafrpp | n/a | 3.76% |
| PGIM Core Short-Term Bond | PRCSTBA | 3.33% |
| Usd/Eur Fwd 20240719 955 | n/a | 2.83% |
| Usd/Eur Fwd 20240719 0997 | n/a | 2.61% |
| Prudential Govt Money Mkt Fd | n/a | 2.25% |
| United States Treasury Notes 0.375% | T 0.375 04.30.25 | 2.09% |
| Usd/Cnh Fwd 20240919 Mslngb2x | n/a | 1.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 28, 2024 | $0.0425 | Jun 28, 2024 |
| 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 |