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Morningstar

PGIM Government Income Z PGVZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 7.63  /  +0.01 %
  • Total Assets 313.6 Mil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.72%
  • Effective Duration 5.83 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 PM GMT+0

Morningstar’s Analysis PGVZX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit PGIM Government Income Z to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the second-cheapest fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PGVZX

More PGVZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Treasury Security Stripped Interest Security 0%

3.43 10.5 Mil
Government

Federal National Mortgage Association 2%

3.02 9.2 Mil
Securitized

United States Treasury Bonds 3.375%

2.97 9.0 Mil
Government

U.S. Treasury Security Stripped Interest Security 0%

2.85 8.7 Mil
Government

U.S. Treasury Security Stripped Interest Security 0%

2.64 8.0 Mil
Government

Resolution Funding Corp 0%

2.58 7.9 Mil
Government

Federal National Mortgage Association 1.70721%

2.26 6.9 Mil
Securitized

United States Treasury Bonds 2%

2.18 6.6 Mil
Government

BBCMS MORTGAGE TRUST 2.661%

1.79 5.5 Mil
Securitized

Federal Home Loan Mortgage Corp. 2.797%

1.79 5.5 Mil
Securitized