PGIM Total Return Bond's methodical approach, strong risk framework, and considerable resources help outweigh its higher-than-average volatility. It earns Morningstar Analyst Ratings of Silver for most share classes and Bronze for its more-expensive shares.
Will PDBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PDBAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PDBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PDBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.