PGIM Short Duration Multi-Sector Bond Fund - Class C (SDMCX)

Fund Assets	8.21B
Expense Ratio	1.44%
Min. Investment	$1,000
Turnover	104.00%
Dividend (ttm)	0.32
Dividend Yield	3.67%
Dividend Growth	-12.75%
Payout Frequency	Monthly
Ex-Dividend Date	Aug 31, 2026

Previous Close	8.76
YTD Return	-0.01%
1-Year Return	1.24%
5-Year Return	8.62%
52-Week Low	8.76
52-Week High	9.03
Beta (5Y)	n/a
Holdings	1483
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.

• Fund Family: PGIM
• Category: Short-Term Bond
• Performance Rating: Below Average
• Risk Rating: Above Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SDMCX
• Share Class: Class C
• Index: Bloomberg 1-3 Y Government/Credit TR

Performance

SDMCX had a total return of 1.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.74%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SDMQX	Class R6	0.32%
SDMZX	Class Z	0.39%
SDMAX	Class A	0.62%

Dividend History

Ex-Dividend	Amount	Pay Date
Aug 31, 2026	$0.0278	Aug 31, 2026
Jul 31, 2026	$0.02657	Jul 31, 2026
Jun 30, 2026	$0.02489	Jun 30, 2026
May 29, 2026	$0.02744	May 29, 2026
Apr 30, 2026	$0.0267	Apr 30, 2026
Mar 31, 2026	$0.02656	Mar 31, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Sep 23, 2026

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