About PCTRX
PGIM Global Total Return Fund – Class C is an open-ended mutual fund specializing in global fixed income investments. The fund is actively managed by PGIM Investments LLC, with an investment objective focused on achieving a total return composed of both current income and capital appreciation. Primarily, it allocates at least 65% of its assets to a diverse selection of income-producing debt securities from U.S. and international sources, including government entities, corporations, supranational organizations, and semi-governmental agencies. The fund’s portfolio comprises a mix of investment-grade and non-investment-grade bonds, as well as mortgage-related and asset-backed securities, reflecting a broad approach to both sector and geographic diversification.
PGIM Global Total Return Fund – Class C evaluates a range of factors such as currency selection, macroeconomic conditions, yield and duration, credit quality, and interest rate risk in its portfolio construction. The strategy incorporates both U.S. dollar-denominated and non-U.S. dollar assets, providing investors with exposure to global credit markets and diversified currency trends. The fund benchmarks its performance against global aggregate bond indices, underscoring its role as a core holding for investors seeking broad fixed income exposure across developed and emerging markets.
Fund Family PGIM
Category World Bond
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol PCTRX
Share Class Class C
Index Bloomberg Global Aggregate Bond TR
PCTRX had a total return of -3.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.22%.
