PGIM Short Duration Multi-Sector Bond Fund - Class C (SDMCX)
| Fund Assets | 7.77B |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000 |
| Turnover | 104.00% |
| Dividend (ttm) | 0.32 |
| Dividend Yield | 3.58% |
| Dividend Growth | -4.50% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 8.94 |
| YTD Return | 0.23% |
| 1-Year Return | 4.24% |
| 5-Year Return | 9.70% |
| 52-Week Low | 8.79 |
| 52-Week High | 8.99 |
| Beta (5Y) | n/a |
| Holdings | 1631 |
| Inception Date | Dec 23, 2013 |
About SDMCX
PGIM Short Duration Multi-Sector Bond Fund is an actively managed open‑end mutual fund focused on generating total return through a diversified mix of fixed income securities with a short interest‑rate profile. The strategy allocates across multiple bond sectors—including U.S. Treasuries and government‑related debt, investment‑grade corporates, securitized assets such as mortgage‑ and asset‑backed securities, and selectively high yield and emerging markets—allowing the portfolio team to source income from varied credit and structure types while managing duration near two years. The fund’s short duration aims to limit interest‑rate sensitivity relative to broader core bonds, while its multi‑sector remit provides latitude to adjust exposures as opportunities shift across credit cycles. Portfolio characteristics often feature a high share of AAA and AA rated holdings alongside meaningful allocations to ABS, CMBS, and non‑agency MBS, reflecting an emphasis on securitized credit for diversification and income. The vehicle distributes income monthly and positions as a short‑term bond category offering that balances credit diversification with conservative interest‑rate risk management, serving as a potential core short‑duration building block within fixed income allocations.
Performance
SDMCX had a total return of 4.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.75%.
Top 10 Holdings
29.70% of assets| Name | Symbol | Weight |
|---|---|---|
| Fwd: Tnote 3.375 30-Nov-27 91282cpl9 - Underlier | n/a | 4.35% |
| Fwd: Tnote 3.375 30-Nov-27 91282cpl9 - Underlier | n/a | 3.42% |
| Usd/Eur Fwd 20260422 Sbosus3n | n/a | 3.02% |
| Usd/Eur Fwd 20260422 221 | n/a | 3.02% |
| United States Treasury Notes 3.375% | T.3.375 11.30.27 | 2.82% |
| United States Treasury Notes 2.25% | T.2.25 02.15.27 | 2.78% |
| United States Treasury Notes 3.5% | T.3.5 09.30.27 | 2.74% |
| Usd/Eur Fwd 20260422 Deutgb22 | n/a | 2.60% |
| Fwd: Tnote 2.375 15-May-27 912828x88 - Underlier | n/a | 2.48% |
| United States Treasury Notes 4.375% | T.4.375 12.15.26 | 2.47% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02503 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02523 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0286 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02658 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02905 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02694 | Sep 30, 2025 |