Morningstar

PGIM Government Income Fund- Class A PGVAX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 7.87  /  0.00
  • Total Assets 216.4M
  • Adj. Expense Ratio
    0.890%
  • Expense Ratio 0.890%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.45%
  • Effective Duration 5.63 years

USD | NAV as of Jul 11, 2026 | 1-Day Return as of Jul 11, 2026, 12:41 AM GMT+0

Morningstar’s Analysis PGVAX

Will PGVAX outperform in the 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 PGVAX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Government Income A holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PGVAX

More PGVAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 22.7
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federal National Mortgage Association 2%

3.57 8M
Securitized

Federal National Mortgage Association 1.707%

3.46 7M
Securitized

Federal Home Loan Mortgage Corp. 4.5%

3.43 7M
Securitized

United States Treasury Notes 4%

3.17 7M
Government

U.S. Treasury Security Stripped Interest Security 0%

3.00 6M
Government

Federal Home Loan Mortgage Corp. 3.65%

2.31 5M
Securitized

Federal National Mortgage Association 2.522%

2.28 5M
Securitized

FEDERAL HOME LN MTG CORP MULTICLASS MTG PARTN CTFS GTD 5%

2.19 5M
Securitized

Federal National Mortgage Association 2.586%

2.12 5M
Securitized

United States Treasury Notes 3.375%

2.02 4M
Government

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