PGIM Short-Term Corporate Bond Fund - Class A (PBSMX)

Fund Assets	7.85B
Expense Ratio	0.74%
Min. Investment	$1,000
Turnover	50.00%
Dividend (ttm)	0.42
Dividend Yield	3.95%
Dividend Growth	3.70%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.51
YTD Return	-0.28%
1-Year Return	0.78%
5-Year Return	8.57%
52-Week Low	10.49
52-Week High	10.89
Beta (5Y)	0.12
Holdings	680
Inception Date	Sep 1, 1989

About PBSMX

PGIM Short-Term Corporate Bond Fund Class A is an open-end mutual fund focused on investment‑grade corporate fixed income. Its primary objective is to provide high current income while preserving principal, achieved by investing at least 80% of assets in bonds issued by corporations and typically maintaining an effective duration of less than three years, which helps limit interest‑rate sensitivity relative to longer‑maturity peers. The portfolio spans a broad mix of sectors, including financials, healthcare, industrials, and securitized credit, with hundreds of holdings to diversify issuer and sector risk. Positioned in the short‑term bond category with medium credit quality and limited interest‑rate sensitivity, the fund seeks to balance income generation with lower volatility characteristics common to short-duration strategies. It offers a front‑load share class structure, a stated expense ratio near seven‑tenths of a percent, and a minimum initial investment designed for broad accessibility. Regular monthly distributions reflect the fund’s income focus, while the strategy’s short effective duration and investment‑grade tilt define its role as a core short‑maturity corporate bond allocation within diversified fixed‑income portfolios.

• Fund Family: PGIM
• 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 0.78% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.25%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PSTQX	Class R6	0.38%
PIFZX	Class Z	0.47%
PIFGX	R4	0.63%
PIFEX	R2	0.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03484	Sep 30, 2026
Aug 31, 2026	$0.03571	Aug 31, 2026
Jul 31, 2026	$0.0353	Jul 31, 2026
Jun 30, 2026	$0.03373	Jun 30, 2026
May 29, 2026	$0.036	May 29, 2026
Apr 30, 2026	$0.03429	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 15, 2026

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