PGIM Short-Term Corporate Bond Fund - Class R6 (PSTQX)
| Fund Assets | 8.36B |
| Expense Ratio | 0.38% |
| Min. Investment | $5,000,000 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.45 |
| Dividend Yield | 4.14% |
| Dividend Growth | 6.10% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 10.78 |
| YTD Return | -0.16% |
| 1-Year Return | 4.53% |
| 5-Year Return | 10.67% |
| 52-Week Low | 10.60 |
| 52-Week High | 10.93 |
| Beta (5Y) | n/a |
| Holdings | 656 |
| 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 4.53% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.39%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.03865 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03436 | Feb 27, 2026 |
| Jan 30, 2026 | $0.03804 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03788 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03674 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03839 | Oct 31, 2025 |