About PDHVX
PGIM Emerging Markets Debt Hard Currency Fund Class Z is a mutual fund that primarily seeks total return by investing in debt securities from emerging market countries, with a particular focus on bonds denominated in hard currencies such as the US dollar or euro. Its strategy emphasizes exposure to sovereign, quasi-sovereign, and corporate issuers across regions, including Latin America, Eastern Europe, Africa, the Middle East, and Asia, allocating at least 80% of investable assets to these instruments. The fund aims to balance current income and capital appreciation, making it a significant choice for diversifying fixed-income portfolios with exposure to global economic growth and credit conditions in emerging markets. Managed by an experienced team, the fund maintains a diverse portfolio with a relatively low concentration in top holdings and a competitive expense ratio, ranking it among cost-effective peers in its category. It also offers monthly dividend distributions, appealing to investors seeking regular income from emerging markets debt exposure.
Fund Family PGIM
Category Emerging Markets Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PDHVX
Share Class Class Z
Index JP Morgan EMBI Global Diversified TR
PDHVX had a total return of 4.28% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.50%.
