PGIM Short-Term Corporate Bond Fund - Class Z (PIFZX)

Fund Assets	7.85B
Expense Ratio	0.46%
Min. Investment	$5,000,000
Turnover	50.00%
Dividend (ttm)	0.44
Dividend Yield	4.20%
Dividend Growth	3.54%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	10.54
YTD Return	0.01%
1-Year Return	1.04%
5-Year Return	9.88%
52-Week Low	10.52
52-Week High	10.92
Beta (5Y)	0.13
Holdings	680
Inception Date	Dec 16, 1996

About PIFZX

PGIM Short-Term Corporate Bond Fund – Class Z is an actively managed mutual fund focused on generating high current income while emphasizing preservation of principal. According to the adviser, it invests at least 80% of assets in investment‑grade corporate bonds and maintains a short interest‑rate profile, placing it within the short-term bond category. The portfolio concentrates on high-quality issuers across sectors such as financials, consumer, industrials, and securitized credit, with effective duration typically around the low‑to‑mid two‑year range to limit interest‑rate sensitivity. The fund’s institutional share class features a competitive expense structure relative to peers, reflecting its role as a core short-duration corporate allocation for income-oriented investors seeking modest volatility. Recent disclosures show the fund predominantly holds corporate notes complemented by select securitized positions and cash for liquidity management. By targeting investment-grade corporate credit with limited duration, PGIM Short-Term Corporate Bond Fund – Class Z aims to provide a steady income stream and a defensive stance against rate fluctuations within the broader fixed income market.

• Fund Family: PGIM
• Category: Short-Term Bond
• Performance Rating: Average
• Risk Rating: Above Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PIFZX
• Share Class: Class Z
• Index: Bloomberg 1-5 Y Credit TR

Performance

PIFZX had a total return of 1.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.79%.

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%
PIFGX	R4	0.63%
PBSMX	Class A	0.71%
PIFEX	R2	0.88%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.03706	Sep 30, 2026
Aug 31, 2026	$0.03806	Aug 31, 2026
Jul 31, 2026	$0.03763	Jul 31, 2026
Jun 30, 2026	$0.03601	Jun 30, 2026
May 29, 2026	$0.03837	May 29, 2026
Apr 30, 2026	$0.03658	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

Data Sources Report a data error