About PUCAX
PGIM Strategic Bond Fund Class A is a mutual fund that focuses on providing a balance of current income and capital appreciation through investments in a diversified portfolio of fixed income securities. Its primary purpose is to maximize total return by actively allocating assets among bonds and other fixed income instruments, including both fixed and floating rate securities, debentures, notes, and commercial paper, across various maturities and credit qualities. The fund is managed with a flexible, multi-sector approach, allowing it to navigate changing interest rate environments and global market conditions effectively. With more than one thousand individual holdings and assets exceeding one billion dollars, the fund is notable for its broad exposure to global fixed income markets. It pays dividends on a monthly basis, targeting investors seeking regular income. By employing a dynamic allocation strategy across distinct sectors within the debt market, PGIM Strategic Bond Fund Class A serves an important role for investors seeking diversification, risk management, and the potential for long-term total returns within their fixed income allocation.
Fund Family PGIM
Category Multisector Bond
Performance Rating Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PUCAX
Share Class Class A
Index Bloomberg Intermediate U.S. Aggregate TR
PUCAX had a total return of -0.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.70%.
