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PGIM Short-Term Corporate Bond A PBSMX

Analyst rating as of
NAV / 1-Day Return
11.33  /  0.01 %
Total Assets
13.4 Bil
Adj. Expense Ratio
0.760%
Expense Ratio
0.760%
Fee Level
Average
Longest Manager Tenure
21.77 years
Category
Short-Term Bond
Credit Quality / Interest Rate Sensitivity
Medium / Limited
Min. Initial Investment
1,000
Status
Open
TTM Yield
2.04%
Effective Duration
2.85 years
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Morningstar’s Analysis

Will PBSMX outperform in future?

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

PGIM Short-Term Corporate Bond Telegraphs Manager Retirement in April 2022

Strategist

Analyst Note

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PGIM recently announced that Steven Kellner, a comanager on PGIM Short-Term Corporate Bond PIFZX, plans to retire in April 2022. Given the length of time until Kellner's retirement, the strength of the team that will remain on the strategy, and PGIM's impressive history of managing successions, we do not expect to make any changes to the strategy's Morningstar Analyst Ratings as a result. Its least expensive share classes carry Gold, Silver, and Bronze ratings, while its others are rated Neutral.

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