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Morningstar

PGIM Government Income C PRICX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 7.90  /  +0.40 %
  • Total Assets 303.4 Mil
  • Adj. Expense Ratio
    1.950%
  • Expense Ratio 1.950%
  • Distribution Fee Level High
  • Share Class Type Level Load
  • Category Intermediate Government
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.36%
  • Effective Duration 5.65 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0

Morningstar’s Analysis PRICX

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

  • People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit PGIM Government Income C to a Morningstar Medalist Rating of Negative.

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
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Portfolio Holdings PRICX

More PRICX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.9
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Treasury Security Stripped Interest Security 0%

3.46 10.3 Mil
Government

Federal National Mortgage Association 2%

3.01 9.0 Mil
Securitized

United States Treasury Bonds 3.375%

2.91 8.7 Mil
Government

U.S. Treasury Security Stripped Interest Security 0%

2.87 8.6 Mil
Government

Resolution Funding Corp 0%

2.66 7.9 Mil
Government

United States Treasury Bonds 4.75%

2.42 7.2 Mil
Government

Federal National Mortgage Association 1.76412%

2.32 6.9 Mil
Securitized

APIDOS CLO XLIV LTD 7.32445%

1.77 5.3 Mil
Securitized

BBCMS MORTGAGE TRUST 2.661%

1.75 5.2 Mil
Securitized

Federal National Mortgage Association 2.522%

1.75 5.2 Mil
Securitized