PGIM Emerging Markets Debt Hard Currency Fund-Class C (PDHCX)
| Fund Assets | 191.18M |
| Expense Ratio | 1.80% |
| Min. Investment | $1,000 |
| Turnover | 36.00% |
| Dividend (ttm) | 0.43 |
| Dividend Yield | 6.04% |
| Dividend Growth | -19.58% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 7.12 |
| YTD Return | -2.07% |
| 1-Year Return | 8.96% |
| 5-Year Return | 7.17% |
| 52-Week Low | 6.56 |
| 52-Week High | 7.45 |
| Beta (5Y) | n/a |
| Holdings | 1002 |
| Inception Date | Dec 12, 2017 |
About PDHCX
PGIM Emerging Markets Debt Hard Currency Fund Class C is a mutual fund that primarily focuses on generating total return through investments in fixed-income securities from emerging market countries. The fund specializes in debt instruments—such as sovereign, quasi-sovereign, and corporate bonds—that are denominated in hard currencies like the U.S. dollar and euro, rather than local emerging market currencies. This approach reduces local currency risk while maintaining exposure to the credit quality and growth potential of emerging markets. Notable characteristics of the fund include its broad diversification, evidenced by a large number of holdings, and a strategy that may involve derivatives for currency management. The fund pays monthly dividends, offering a consistent income stream, and features an 8.01% recent yield. With a minimum investment requirement and a higher expense ratio typical for Class C shares, it is structured for investors seeking access to emerging market debt without an upfront sales charge. In the broader financial market, this fund serves as a tool for diversification and income generation, allowing investors to participate in the growth prospects of emerging economies through dollar-denominated fixed-income assets.
Performance
PDHCX had a total return of 8.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.32%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FGYMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class C | 1.79% |
| FGWMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class M | 1.04% |
| FGBMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class Z | 0.69% |
| FGZMX | Fidelity | Fidelity Advisor New Markets Income Fund - Class I | 0.79% |
| FNMIX | Fidelity | Fidelity New Markets Income Fund | 0.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02845 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03153 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03152 | Dec 31, 2025 |
| Dec 19, 2025 | $0.05007 | Dec 19, 2025 |
| Nov 28, 2025 | $0.03116 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03251 | Oct 31, 2025 |