PGIM Short-Term Corporate Bond R4 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.
PGIM Short-Term Corporate Bond Fund- Class R4 PIFGX
- NAV / 1-Day Return 10.75 / −0.28 %
- Total Assets 8.1B
-
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 0
- Status Open
- TTM Yield 3.93%
- Effective Duration 2.71 years
USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:42 AM GMT+0
Morningstar’s Analysis PIFGX
Will PIFGX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
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.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 8.7
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
United States Treasury Notes 3.375% | 2.80 | 229M | Government |
United States Treasury Notes 3.875% | 0.98 | 80M | Government |
Prudential Govt Money Mkt Fd | 0.94 | 77M | Cash and Equivalents |
Bank of America Corp. 1.734% | 0.78 | 63M | Corporate |
ICG US CLO 2020-1 Ltd. 4.77523% | 0.72 | 59M | Securitized |
Salesforce Inc. 4.9% | 0.64 | 52M | Corporate |
Ford Motor Credit Company LLC 2.7% | 0.60 | 49M | Cash and Equivalents |
Bank of Nova Scotia 3.625% | 0.60 | 49M | Corporate |
Goldman Sachs Group, Inc. 1.542% | 0.59 | 48M | Corporate |
Skymiles IP Ltd. & Delta Air Lines Inc. 4.75% | 0.56 | 46M | Corporate |