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Morningstar

PGIM Short-Term Corporate Bond R4 PIFGX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 10.39  /  −0.18 %
  • Total Assets 8.7 Bil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.630%
  • Distribution Fee Level High
  • Share Class Type Retirement, Large
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.47%
  • Effective Duration 2.61 years

USD | NAV as of Apr 16, 2024 | 1-Day Return as of Apr 16, 2024, 12:24 AM GMT+0

Morningstar’s Analysis PIFGX

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

  • People Pillar

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

An appealing short-term offering that favors corporate bonds.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

PGIM Short-Term Corporate Bond’s impressive team and rigorous, methodical process earn its least expensive share classes Morningstar Medalist Ratings of Gold, Silver, and Bronze, while its pricier options are rated Neutral.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PIFGX

More PIFGX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Bank of America Corp. 1.734%

0.97 85.7 Mil
Corporate

Citigroup Inc. 1.462%

0.85 74.6 Mil
Corporate

OZLM Funding IX Ltd./LLC 6.67942%

0.79 70.1 Mil
Securitized

Goldman Sachs Group, Inc. 1.542%

0.75 66.2 Mil
Corporate

UnitedHealth Group Inc. 4.25%

0.72 63.9 Mil
Corporate

BENCHMARK MORTGAGE TRUST 2.4751%

0.72 63.6 Mil
Securitized

Atlas Senior Loan Fund Vii. Lt 6.69218%

0.70 62.0 Mil
Securitized

CIFC Funding 2017-II, Ltd. 6.52942%

0.69 61.3 Mil
Securitized

Bank of America Corp. 1.658%

0.69 60.8 Mil
Corporate

Sound Point CLO XXII Ltd/LLC 6.65942%

0.68 60.0 Mil
Securitized