Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.
PGIM Government Income C PRICX
- NAV / 1-Day Return 7.78 / −0.24 %
- Total Assets 314.4 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.950%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Intermediate Government
- Credit Quality / Interest Rate Sensitivity High/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.36%
- Effective Duration 5.83 years
USD | NAV as of May 17, 2024 | 1-Day Return as of May 17, 2024, 10:16 PM GMT+0
Morningstar’s Analysis PRICX
Will PRICX 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 23.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
U.S. Treasury Security Stripped Interest Security 0% | 3.18 | 9.7 Mil | Government |
Federal National Mortgage Association 2% | 2.86 | 8.8 Mil | Securitized |
United States Treasury Bonds 3.375% | 2.76 | 8.5 Mil | Government |
U.S. Treasury Security Stripped Interest Security 0% | 2.65 | 8.1 Mil | Government |
Resolution Funding Corp 0% | 2.51 | 7.7 Mil | Government |
Prudential Govt Money Mkt Fd | 2.39 | 7.3 Mil | Cash and Equivalents |
Federal National Mortgage Association 1.76412% | 2.18 | 6.7 Mil | Securitized |
United States Treasury Bonds 2% | 2.04 | 6.3 Mil | Government |
Federal Home Loan Mortgage Corp. 2.797% | 1.72 | 5.3 Mil | Securitized |
APIDOS CLO XLIV LTD 7.32445% | 1.72 | 5.3 Mil | Securitized |