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Morningstar

PGIM Short-Term Corporate Bond A PBSMX

Morningstar Analyst Rating
Analyst rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 10.24  /  0.01 %
  • Total Assets 9.6 Bil
  • Adj. Expense Ratio
    0.710%
  • Expense Ratio 0.710%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.57%
  • Effective Duration 2.64 years

USD | NAV as of Mar 29, 2023 | 1-Day Return as of Mar 29, 2023, 10:29 PM GMT+0

Morningstar’s Analysis PBSMX

Will PBSMX 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 PBSMX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PBSMX 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 PBSMX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The more things change the more they stay the same.

Director

Summary

| by Eric Jacobson

Short-term challenges haven't damped the appeal of PGIM Short-Term Corporate Bond. Its least expensive share classes carry Morningstar Analyst Ratings of Gold, Silver, and Bronze, while its others are rated Neutral.

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PBSMX

More PBSMX Holdings
  • Current Portfolio Date Feb 28, 2023
  • Equity Holdings 0
  • Bond Holdings 536
  • Other Holdings 39
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Company 2.164%

1.22
118,550,992
Corporate

CIFC Funding 2017-II, Ltd. 5.75771%

0.99
96,323,379
Securitized

Microchip Technology Incorporated 2.67%

0.85
82,729,154
Corporate

Bank of America Corporation 1.734%

0.85
82,382,313
Corporate

Dreyfus Government Cash Mgmt Instl

0.80
77,337,059
Cash and Equivalents

OZLM Funding IX Ltd./LLC 5.90771%

0.76
73,921,222
Securitized

AbbVie Inc. 3.8%

0.76
73,504,957
Corporate

Citigroup Inc. 1.462%

0.73
71,196,704
Corporate

Energy Transfer LP 5.875%

0.66
64,205,370
Corporate

Atlas Senior Loan Fund Vii. Lt 6.05786%

0.66
64,044,962
Securitized