Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
PGIM Global Total Return (USD Hedged) A PHEAX
- NAV / 1-Day Return 8.34 / +0.01 %
- Total Assets 82.2 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.880%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Global Bond-USD Hedged
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 4.13%
- Effective Duration 6.54 years
USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 12:21 AM GMT+0
Morningstar’s Analysis PHEAX
Will PHEAX 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 16.4
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Usd/Eur Fwd 20240402 00187 | 11.39 | 11.3 Mil | Derivative |
Eur/Usd Fwd 20240304 00187 | 11.33 | 11.3 Mil | Derivative |
Usd/Eur Fwd 20240304 00187 | 10.98 | 10.9 Mil | Derivative |
3 Month SOFR Future June 24 | 4.30 | 4.3 Mil | Government |
United States Treasury Notes 4.875% | 3.99 | 4.0 Mil | Government |
Usd/Cnh Fwd 20240424 Mslngb2x | 3.40 | 3.4 Mil | Derivative |
United States Treasury Bonds 4.375% | 2.60 | 2.6 Mil | Government |
Usd/Gbp Fwd 20240304 57918 | 1.63 | 1.6 Mil | Derivative |
United States Treasury Bonds 3% | 1.59 | 1.6 Mil | Government |
United States Treasury Bonds 1.875% | 1.56 | 1.6 Mil | Government |