Morningstar

PGIM Short-Term Corporate Bond Fund- Class R JDTRX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $10.51  /  0.00
  • Fund Size $7.9B
  • Adjusted Expense Ratio 1.050%
  • Net Expense Ratio 1.050%
  • Fee Level: Distribution Below Average
  • Share Class Type Retirement, Small
  • Morningstar Category Short-Term Bond
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $0
  • Investment Status Limited
  • TTM Yield 3.62%
  • Average Effective Duration 2.70 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis JDTRX

Will JDTRX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JDTRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JDTRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of JDTRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Short-Term Corporate Bond R holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings JDTRX

More JDTRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.375%

2.09 166M
Government

ICG US CLO 2020-1 Ltd. 4.82921%

0.74 59M
Securitized

Salesforce Inc. 4.9%

0.64 51M
Corporate

Bank of Nova Scotia 3.625%

0.62 49M
Corporate

Goldman Sachs Group, Inc. 1.542%

0.61 48M
Corporate

Jacobs Engineering Group Inc. 6.35%

0.56 45M
Corporate

Trimaran Cavu 2019-1 Ltd / LLC 4.91921%

0.56 45M
Securitized

Skymiles IP Ltd. & Delta Air Lines Inc. 4.75%

0.55 44M
Corporate

Var Energi ASA 7.5%

0.52 42M
Corporate

LPL Holdings Inc. 6.75%

0.52 41M
Corporate

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