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Morningstar

PGIM Global Total Return (USD Hedged) C PHECX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 8.34  /  −0.11 %
  • Total Assets 82.2 Mil
  • Adj. Expense Ratio
    1.630%
  • Expense Ratio 1.630%
  • Distribution Fee Level Below Average
  • Share Class Type Level Load
  • Category Global Bond-USD Hedged
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 3.40%
  • Effective Duration 6.54 years

USD | NAV as of Apr 20, 2024 | 1-Day Return as of Apr 20, 2024, 12:21 AM GMT+0

Morningstar’s Analysis PHECX

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

  • People Pillar

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

PGIM Global Total Return(USD Hedged) C boasts strong Process and People Pillar ratings, but other weaknesses hold this strategy's Morningstar Medalist Rating at Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PHECX

More PHECX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20240502 00187

11.84 11.9 Mil
Derivative

Eur/Usd Fwd 20240402 00187

11.77 11.9 Mil
Derivative

Usd/Eur Fwd 20240402 00187

11.21 11.3 Mil
Derivative

Usd/Cnh Fwd 20240424 Mslngb2x

3.35 3.4 Mil
Derivative

United States Treasury Bonds 4.375%

2.58 2.6 Mil
Government

United States Treasury Bonds 3%

1.58 1.6 Mil
Government

United States Treasury Bonds 1.875%

1.56 1.6 Mil
Government

Usd/Gbp Fwd 20240402 Midlgb22

1.41 1.4 Mil
Derivative

Gbp/Usd Fwd 20240402 Mslngb2x

1.41 1.4 Mil
Derivative

Prudential Govt Money Mkt Fd

1.30 1.3 Mil
Cash and Equivalents