PGIM Emerging Markets Debt Hard Ccy R6 (PDHQX)
| Fund Assets | 208.66M |
| Expense Ratio | 0.65% |
| Min. Investment | $0.00 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 8.70% |
| Dividend Growth | 25.73% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 7.27 |
| YTD Return | 7.30% |
| 1-Year Return | 6.69% |
| 5-Year Return | 7.41% |
| 52-Week Low | 6.56 |
| 52-Week High | 7.27 |
| Beta (5Y) | n/a |
| Holdings | 895 |
| Inception Date | Dec 12, 2017 |
About PDHQX
PGIM Emerging Markets Debt Hard Currency Fund is an open-end mutual fund focused on achieving total return through a blend of current income and capital appreciation. Its primary strategy is to invest in debt securities issued by sovereign and corporate entities in emerging markets, with a key emphasis on securities denominated in hard currencies such as the US dollar. This approach aims to reduce the local currency risk inherent in many emerging market investments, making the fund especially relevant for those seeking exposure to the growth potential of developing economies while managing currency volatility. The fund holds a diversified portfolio, utilizing derivatives and forward contracts to manage risk and enhance yield, and it is managed by a team with substantial experience in emerging market debt. With a competitive expense ratio and a typical yield in the mid-6% range, this fund is positioned in the lower cost quintile among peers, which may enhance its appeal for institutional investors and retirement plans. By focusing on hard currency debt, the fund plays an important role in the market as a tool for accessing higher-yielding fixed-income opportunities outside of developed markets, while aiming to preserve capital and offer regular income distributions.
Performance
PDHQX had a total return of 6.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.92%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
17.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Cnh Fwd 20250917 Midlgb22 | n/a | 3.01% |
| Idr/Usd Fwd 20250917 Midlgb22 | n/a | 2.00% |
| Brl/Usd Fwd 20250804 5 | n/a | 1.86% |
| Usd/Eur Fwd 20251022 0997 | n/a | 1.63% |
| Usd/Eur Fwd 20251022 Barcus33 | n/a | 1.62% |
| Usd/Eur Fwd 20251022 221 | n/a | 1.60% |
| Usd/Sgd Fwd 20250917 955 | n/a | 1.48% |
| Usd/Thb Fwd 20250917 Midlgb22 | n/a | 1.44% |
| Usd/Twd Fwd 20250917 00651 | n/a | 1.41% |
| Usd/Krw Fwd 20250917 Mslngb2x | n/a | 1.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03934 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03859 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0368 | Jun 30, 2025 |
| May 30, 2025 | $0.03825 | May 30, 2025 |
| Apr 30, 2025 | $0.03708 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04428 | Mar 31, 2025 |