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Morningstar

PGIM Short-Term Corporate Bond R JDTRX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 10.14  /  0.10 %
  • Total Assets 9.2 Bil
  • Adj. Expense Ratio
    1.050%
  • Expense Ratio 1.050%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Small
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment —
  • Status Limited
  • TTM Yield 2.70%
  • Effective Duration 2.64 years

USD | NAV as of Sep 28, 2023 | 1-Day Return as of Sep 28, 2023, 10:21 PM GMT+0

Morningstar’s Analysis JDTRX

Will JDTRX outperform in 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.

An appealing short-term offering that favors corporate bonds.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

PGIM Short-Term Corporate Bond’s impressive team and rigorous, methodical process earn its least expensive share classes Morningstar Medalist Ratings of Gold, Silver, and Bronze, while its pricier options are rated Neutral.

by R.J. D'Ancona
Rated on Published on

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Portfolio Holdings JDTRX

More JDTRX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 536
  • Other Holdings 32
  • % Assets in Top 10 Holdings 7.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Company 2.164%

1.18
110,284,262
Corporate

CIFC Funding 2017-II, Ltd. 6.53775%

1.02
95,471,021
Securitized

Microchip Technology Incorporated 2.67%

0.90
84,009,000
Cash and Equivalents

Bank of America Corporation 1.734%

0.90
83,671,401
Corporate

OZLM Funding IX Ltd./LLC 6.68775%

0.80
74,241,780
Securitized

Citigroup Inc. 1.462%

0.78
72,527,439
Corporate

Goldman Sachs Group, Inc. 1.542%

0.69
64,279,460
Corporate

Atlas Senior Loan Fund Vii. Lt 6.74951%

0.69
64,247,568
Securitized

UnitedHealth Group Inc. 4.25%

0.68
63,493,342
Corporate

BENCHMARK MORTGAGE TRUST 2.4751%

0.66
61,882,158
Securitized