Morningstar

PGIM Global Total Return (USD Hedged) Fund- Class R6 PHEQX

Morningstar Medalist Rating
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Medalist Rating as of See PGIM Investment Hub
  • NAV / 1-Day Return$8.52  /  −0.12%
  • Fund Size$28.1M
  • Adjusted Expense Ratio0.580%
  • Net Expense Ratio0.580%
  • Fee Level: DistributionBelow Average
  • Share Class TypeRetirement, Large
  • Morningstar CategoryGlobal Bond-USD Hedged
  • Fixed-Income Style Box (Funds)Medium/Moderate
  • Minimum Initial Investment—
  • Investment StatusOpen
  • TTM Yield4.12%
  • Average Effective Duration6.85 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PHEQX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Global Total Return (USD Hedged) R6 holds a quantitatively derived Silver Morningstar Medalist Rating. The rating reflects that it has scored well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings PHEQX

More PHEQX Holdings
  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings24.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20261104 00187

35.289M
Derivative

Eur/Usd Fwd 20261002 00187

35.009M
Derivative

Usd/Eur Fwd 20261002 00187

34.689M
Derivative

Swap Vm Jpm Usd

7.512M
Cash and Equivalents

United States Treasury Notes 4.25%

5.672M
Government

Jp Morgan Futures Collateral Eur

4.081M
Cash and Equivalents

Jpy/Usd Fwd 20261022 Citius33

4.021M
Derivative

Usd/Cnh Fwd 20261216 Citius33

3.951M
Derivative

United States Treasury Notes 3.625%

3.60952,709
Government

United States Treasury Bonds 3.375%

3.48921,578
Government

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