The portfolio maintains a cost advantage over competitors, priced within the lowest fee quintile among peers.
PGIM Absolute Return Bond R6 PADQX
- NAV / 1-Day Return 9.07 / +0.05 %
- Total Assets 2.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 5.97%
- Effective Duration 0.25 years
USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:18 PM GMT+0
Morningstar’s Analysis PADQX
Will PADQX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 32.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4% | 6.87 | 129.2 Mil | Government |
PGIM Core Short-Term Bond | 6.29 | 118.4 Mil | — |
United States Treasury Notes 4.25% | 5.82 | 109.6 Mil | Government |
Prudential Govt Money Mkt Fd | 4.02 | 75.6 Mil | Cash and Equivalents |
United States Treasury Notes 4.625% | 3.35 | 63.0 Mil | Government |
Usd/Eur Fwd 20240419 0997 | 3.12 | 58.8 Mil | Derivative |
United States Treasury Notes 0.375% | 2.65 | 50.0 Mil | Government |
Usd/Eur Fwd 20240419 2568 | 2.60 | 49.0 Mil | Derivative |
Pmt Cr Risk Transfer Tr 2024-1 144A FRN 8.81% | 1.80 | 33.9 Mil | Corporate |
Usd/Eur Fwd 20240419 955 | 1.73 | 32.6 Mil | Derivative |