The portfolio maintains a sizable cost advantage over competitors, priced within the second-lowest fee quintile among peers.
PGIM Absolute Return Bond Z PADZX
- NAV / 1-Day Return 9.12 / +0.02 %
- Total Assets 2.5 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.730%
- Distribution Fee Level Average
- Share Class Type Institutional
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment —
- Status Open
- TTM Yield 5.97%
- Effective Duration 0.08 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PADZX
Will PADZX 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 23.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4% | 7.79 | 188.4 Mil | Government |
United States Treasury Notes 4.25% | 5.76 | 139.3 Mil | Government |
United States Treasury Bonds 3.375% | 4.01 | 96.9 Mil | Government |
Usd/Eur Fwd 20240719 Bnpafrpp | 3.76 | 90.8 Mil | Derivative |
PGIM Core Short-Term Bond | 3.33 | 80.4 Mil | — |
Usd/Eur Fwd 20240719 955 | 2.83 | 68.5 Mil | Derivative |
Usd/Eur Fwd 20240719 0997 | 2.61 | 63.0 Mil | Derivative |
Prudential Govt Money Mkt Fd | 2.25 | 54.3 Mil | Cash and Equivalents |
United States Treasury Notes 0.375% | 2.09 | 50.5 Mil | Government |
Usd/Cnh Fwd 20240919 Mslngb2x | 1.78 | 43.1 Mil | Derivative |