About PQCNX
The PGIM Core Conservative Bond Fund Class R6 is a mutual fund focused on providing exposure to a diverse range of high-quality, investment-grade bonds, aiming to outperform the Bloomberg US Aggregate Bond Index over full market cycles. This fund allocates at least 80% of its assets to bonds, primarily targeting U.S. government, agency, corporate, and securitized fixed income securities. Notable features include a relatively low expense ratio and monthly dividend distributions, which make the fund suitable for those seeking regular income with a conservative risk profile. The portfolio consists of a large number of holdings, with a significant concentration in U.S. Treasury securities, reflecting an emphasis on stability and credit quality. Classified within the intermediate core bond category, the strategy balances interest rate sensitivity with high credit standards. Its role in the market is to serve as a core fixed-income holding for retirement accounts or diversified portfolios, prioritizing capital preservation and steady income over aggressive growth.
Fund Family PGIM Investments
Category Intermediate Core Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PQCNX
Share Class Class R6
Index Bloomberg U.S. Aggregate Bond TR
PQCNX had a total return of 7.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.53%.
