PGIM Floating Rate Income boasts a proven process and some of the best resources in the industry. It carries an Above Average People rating, and we are raising its Process rating to Above Average.
PGIM Floating Rate Income R6 PFRIX
- NAV / 1-Day Return 9.08 / −0.19 %
- Total Assets 2.0 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.700%
- Distribution Fee Level Below Average
- Share Class Type Retirement, Large
- Category Bank Loan
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment —
- Status Open
- TTM Yield 9.06%
- Effective Duration —
USD | NAV as of Apr 17, 2024 | 1-Day Return as of Apr 17, 2024, 12:27 AM GMT+0
Morningstar’s Analysis PFRIX
Will PFRIX 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 14.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
JPMorgan Chase & Co. 4.6% | 3.12 | 64.5 Mil | Corporate |
Citigroup Inc. 4.7% | 2.61 | 53.9 Mil | Corporate |
Bank of America Corp. 4.3% | 2.17 | 44.9 Mil | Corporate |
Prudential Govt Money Mkt Fd | 2.07 | 42.8 Mil | Cash and Equivalents |
Usd/Eur Fwd 20240304 57918 | 1.49 | 30.7 Mil | Derivative |
Usd/Eur Fwd 20240402 57918 | 1.21 | 25.1 Mil | Derivative |
Eur/Usd Fwd 20240304 57918 | 1.21 | 25.0 Mil | Derivative |
Usd/Gbp Fwd 20240304 57918 | 1.13 | 23.4 Mil | Derivative |
Texas Debt Cap Clo 2023-II ltd. / LLC 7.96781% | 0.92 | 18.9 Mil | Securitized |
Rad Clo 19 Ltd. / Rad Clo 19 LLC 7.96781% | 0.92 | 18.9 Mil | Securitized |