PGIM Total Return Bond's higher-than-average volatility isn't unexpected and is kept in check by a strong risk management framework. It earns Morningstar Analyst Ratings of Silver for most share classes and Bronze for its more-expensive shares.
Will PDBZX 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 PDBZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PDBZX 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 PDBZX’s parent organization’s priorities and whether they’re in line with investors’ interests.