Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the highest quintile among peers.
PGIM Government Income A PGVAX
- NAV / 1-Day Return 7.85 / +0.26 %
- Total Assets 325.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 1.090%
- 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 3.15%
- Effective Duration 5.94 years
USD | NAV as of Mar 27, 2024 | 1-Day Return as of Mar 27, 2024, 10:23 PM GMT+0
Morningstar’s Analysis PGVAX
Will PGVAX 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 21.3
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month SOFR Future June 24 | 5.41 | 19.0 Mil | Government |
3 Month SOFR Future Dec 23 | 3.37 | 11.8 Mil | Government |
U.S. Treasury Security Stripped Interest Security 0% | 2.93 | 10.3 Mil | Government |
Federal National Mortgage Association 2% | 2.62 | 9.2 Mil | Securitized |
U.S. Treasury Security Stripped Interest Security 0% | 2.44 | 8.5 Mil | Government |
U.S. Treasury Security Stripped Interest Security 0% | 2.26 | 7.9 Mil | Government |
Resolution Funding Corp 0% | 2.22 | 7.8 Mil | Government |
Federal National Mortgage Association 1.7072% | 1.95 | 6.8 Mil | Securitized |
United States Treasury Bonds 3.375% | 1.93 | 6.8 Mil | Government |
United States Treasury Bonds 2% | 1.87 | 6.6 Mil | Government |