PGIM Short Duration Multi-Sector Bond Fund - Class A (SDMAX)
| Fund Assets | 7.51B |
| Expense Ratio | 0.64% |
| Min. Investment | $1,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.36 |
| Dividend Yield | 3.96% |
| Dividend Growth | -3.45% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Dec 31, 2025 |
| Previous Close | 9.17 |
| YTD Return | 0.34% |
| 1-Year Return | 5.70% |
| 5-Year Return | 12.87% |
| 52-Week Low | 8.65 |
| 52-Week High | 9.17 |
| Beta (5Y) | 0.11 |
| Holdings | 1757 |
| Inception Date | Dec 23, 2013 |
About SDMAX
PGIM Short Duration Multi-Sector Bond Fund Class A is an actively managed open‑end mutual fund focused on generating total return from a diversified mix of fixed income sectors. The strategy concentrates on bonds with a short interest‑rate profile, seeking to keep overall portfolio duration near the lower end of the curve to moderate sensitivity to rate moves while maintaining flexibility across credit qualities and structures. The fund allocates dynamically among U.S. Treasuries, investment‑grade corporates, asset‑backed securities, mortgage‑backed securities, commercial mortgage‑backed securities, and select below‑investment‑grade and emerging markets credit, reflecting a multi‑sector approach to income and risk management. Its portfolio shows a significant weighting to higher‑quality tiers alongside measured allocations to high yield and structured credit, aiming to balance stability and spread opportunities within a short‑duration framework. Managed by PGIM Fixed Income, the vehicle pays distributions on a regular schedule and targets a blend of income and capital preservation over market cycles, serving investors who seek a core short‑term bond holding with broad sector exposure and professional credit selection within a constrained duration profile.
Performance
SDMAX had a total return of 5.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.91%.
Top 10 Holdings
29.38% of assets| Name | Symbol | Weight |
|---|---|---|
| Fwd: Tnote 3.625 31-Aug-2027 91282cnv9 - Underlier | n/a | 4.47% |
| Usd/Eur Fwd 20260122 Deutgb22 | n/a | 4.08% |
| United States Treasury Notes 2.25% | T.2.25 02.15.27 | 3.17% |
| Usd/Eur Fwd 20260122 0997 | n/a | 3.10% |
| Usd/Eur Fwd 20260122 221 | n/a | 3.09% |
| United States Treasury Notes 4.375% | T.4.375 12.15.26 | 2.83% |
| United States Treasury Notes 0.5% | T.0.5 04.30.27 | 2.72% |
| United States Treasury Notes 4.125% | T.4.125 02.28.27 | 2.23% |
| PGIM AAA CLO ETF | PAAA | 1.95% |
| United States Treasury Notes 1.25% | T.1.25 11.30.26 | 1.74% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 31, 2025 | $0.03482 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03252 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03419 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03315 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03347 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03319 | Jul 31, 2025 |