PGIM Short-Term Corporate Bond Fund - Class A (PBSMX)
NASDAQ · Mutual Fund
· Delayed Price · Currency is USD
10.87
+0.02 (0.18%)
At close: Apr 16, 2025
5.13% (1Y)
| Fund Assets | 9.53B |
| Expense Ratio | 0.71% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.39 |
| Dividend Yield | 3.55% |
| Dividend Growth | 9.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2025 |
| Previous Close | 10.85 |
| YTD Return | 3.26% |
| 1-Year Return | 8.36% |
| 5-Year Return | 12.07% |
| 52-Week Low | n/a |
| 52-Week High | n/a |
| Beta (5Y) | 0.14 |
| Holdings | 600 |
| Inception Date | Sep 1, 1989 |
About PBSMX
PBSMX was founded on 1989-09-01. The Fund's investment strategy focuses on Sh-Int Inv Grade with 0.76% total expense ratio. The minimum amount to invest in PGIM Short-Term Corporate Bond Fund; Class A Shares is $1,000 on a standard taxable account. PGIM Short-Term Corporate Bond Fund; Class A Shares seeks high current income consistent with the preservation of capital. PBSMX invests at least 80% of its assets in bonds of corporations with varying maturities. The effective duration will usually be less than three years.
Fund Family PGIM Funds Cl A
Category Short-Term Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PBSMX
Share Class Class A
Index Bloomberg 1-5 Y Credit TR
Performance
PBSMX had a total return of 8.36% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.35%.
Top 10 Holdings
8.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Prudential Govt Money Mkt Fd | n/a | 1.90% |
| JPMorgan Chase & Co. 1.578% | JPM V1.578 04.22.27 | 0.77% |
| Bank of America Corp. 1.734% | BAC V1.734 07.22.27 | 0.75% |
| Crown City Clo I 5.74478% | CCITY 2020-1A A1AR | 0.73% |
| ICG US CLO 2020-1 Ltd. 5.41697% | n/a | 0.72% |
| Wells Fargo & Co. 5.198% | WFC V5.198 01.23.30 | 0.68% |
| Goldman Sachs Group, Inc. 1.431% | GS V1.431 03.09.27 | 0.67% |
| Citigroup Inc. 1.462% | C V1.462 06.09.27 | 0.67% |
| Hess Corporation 4.3% | HES 4.3 04.01.27 | 0.64% |
| UnitedHealth Group Inc. 4.25% | UNH 4.25 01.15.29 | 0.61% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2025 | $0.03321 | Mar 31, 2025 |
| Feb 28, 2025 | $0.03046 | Feb 28, 2025 |
| Jan 31, 2025 | $0.03359 | Jan 31, 2025 |
| Dec 31, 2024 | $0.03283 | Dec 31, 2024 |
| Dec 20, 2024 | $0.00102 | Dec 20, 2024 |
| Nov 29, 2024 | $0.03191 | Nov 29, 2024 |