PGIM Short-Term Corporate Bond R6 (PSTQX)
| Fund Assets | 8.45B |
| Expense Ratio | 0.38% |
| Min. Investment | $5,000,000 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.00% |
| Dividend Growth | 6.89% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.89 |
| YTD Return | 3.21% |
| 1-Year Return | 3.33% |
| 5-Year Return | 7.83% |
| 52-Week Low | 10.57 |
| 52-Week High | 10.89 |
| Beta (5Y) | n/a |
| Holdings | 627 |
| Inception Date | Mar 2, 2012 |
About PSTQX
PGIM Short-Term Corporate Bond Fund Class R6 is an actively managed mutual fund focused on investment-grade fixed income with an emphasis on short effective duration, typically under three years. Its primary objective is to generate high current income while preserving principal by investing at least 80% of assets in corporate bonds across sectors and issuers. The portfolio spans a broad mix of high-quality credits, including financials, healthcare, consumer, and securitized exposures, with hundreds of holdings to enhance diversification and manage issuer risk. The strategy sits within the short‑term bond category, aiming to limit interest-rate sensitivity relative to intermediate- and long-duration peers, which can appeal to more conservative fixed-income allocations. The fund’s Class R6 share class is designed for retirement and institutional platforms, pairing a low expense profile with a high minimum investment and distributing income monthly. Managed by PGIM’s credit team, the fund has sizable assets under management and maintains a measured turnover, reflecting an emphasis on consistent income generation and risk control within the short-duration corporate bond space.
Performance
PSTQX had a total return of 3.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.24%.
Top 10 Holdings
8.63% of assets| Name | Symbol | Weight |
|---|---|---|
| Prudential Govt Money Mkt Fd | n/a | 2.65% |
| Bank of America Corp. 1.734% | BAC.V1.734 07.22.27 | 0.74% |
| Crown City Clo I 5.7771% | CCITY.2020-1A A1AR | 0.72% |
| ICG US CLO 2020-1 Ltd. 5.42549% | ICG.2020-1A ARR | 0.71% |
| Ford Motor Credit Company LLC 2.7% | F.2.7 08.10.26 | 0.69% |
| Wells Fargo & Co. 5.198% | WFC.V5.198 01.23.30 | 0.67% |
| Goldman Sachs Group, Inc. 1.431% | GS.V1.431 03.09.27 | 0.66% |
| Hps Ln Mgmt 10-2016 Ltd / Hps Ln Mgm FRN 5.44549% | HLM.10A-16 A1R3 | 0.60% |
| JPMorgan Chase & Co. 1.578% | JPM.V1.578 04.22.27 | 0.59% |
| Dupont De Nemours Inc 4.725% | DD.4.725 11.15.28 | 0.59% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.03843 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03846 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03703 | Jun 30, 2025 |
| May 30, 2025 | $0.03759 | May 30, 2025 |
| Apr 30, 2025 | $0.03552 | Apr 30, 2025 |
| Mar 31, 2025 | $0.03637 | Mar 31, 2025 |