About PUCCX
PGIM Strategic Bond Fund Class C is a diversified mutual fund that aims to maximize total return by investing across multiple fixed income sectors. Its primary function is to provide both current income and the potential for capital appreciation through a strategic allocation to a wide array of debt instruments, such as bonds, debentures, notes, and commercial paper, with varying maturities. At least 80% of its assets are typically allocated to these fixed income instruments, giving the fund a flexible, multi-sector approach that can adapt to changing market environments. This strategy enables exposure to a broad spectrum of interest rate and credit opportunities, impacting sectors such as government, corporate, and securitized debt. The fund is managed by PGIM Investments, leveraging a team with substantial expertise in global fixed income markets. With a monthly dividend distribution and a notable asset base, this fund plays a role for investors seeking diversified bond exposure and steady income within their overall portfolios.
Fund Family PGIM
Category Multisector Bond
Performance Rating Below Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PUCCX
Share Class Class C
Index Bloomberg Intermediate U.S. Aggregate TR
PUCCX had a total return of -1.38% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.01%.
