PGIM Short Duration Multi-Sector Bond C (SDMCX)
| Fund Assets | 6.95B |
| Expense Ratio | 1.50% |
| Min. Investment | $1,000 |
| Turnover | 80.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 4.11% |
| Dividend Growth | 22.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 8.97 |
| YTD Return | 2.06% |
| 1-Year Return | 2.39% |
| 5-Year Return | 6.27% |
| 52-Week Low | 8.79 |
| 52-Week High | 8.99 |
| Beta (5Y) | n/a |
| Holdings | 1624 |
| 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 2.39% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.63%.
Top 10 Holdings
27.76% of assets| Name | Symbol | Weight |
|---|---|---|
| United States Treasury Notes 2.25% | T.2.25 02.15.27 | 3.40% |
| United States Treasury Notes 0.75% | T.0.75 05.31.26 | 3.26% |
| United States Treasury Notes 4.375% | T.4.375 12.15.26 | 3.06% |
| Usd/Eur Fwd 20251022 0997 | n/a | 2.93% |
| Usd/Eur Fwd 20251022 Barcus33 | n/a | 2.92% |
| United States Treasury Notes 0.5% | T.0.5 04.30.27 | 2.89% |
| Usd/Eur Fwd 20251022 221 | n/a | 2.87% |
| United States Treasury Notes 4.125% | T.4.125 02.28.27 | 2.40% |
| Usd/Eur Fwd 20251022 Deutgb22 | n/a | 2.18% |
| United States Treasury Notes 1.25% | T.1.25 11.30.26 | 1.86% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.02708 | Aug 29, 2025 |
| Jul 31, 2025 | $0.02683 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02676 | Jun 30, 2025 |
| May 30, 2025 | $0.02678 | May 30, 2025 |
| Apr 30, 2025 | $0.02616 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02478 | Mar 31, 2025 |