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Morningstar

PGIM Total Return Bond R6 PTRQX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 11.94  /  +0.10 %
  • Total Assets 45.6 Bil
  • Adj. Expense Ratio
    0.390%
  • Expense Ratio 0.390%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 4.96%
  • Effective Duration 6.11 years

USD | NAV as of Jun 15, 2024 | 1-Day Return as of Jun 15, 2024, 12:25 AM GMT+0

Morningstar’s Analysis PTRQX

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

  • People Pillar

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

There’s a volatility trade-off here, but a worthwhile one.

Director Eric Jacobson

Eric Jacobson

Director

Summary

PGIM Total Return Bond's robust process and deep resources make this a worthwhile offering for investors who can stomach its higher-than-average volatility.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PTRQX

More PTRQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

4.14 2.0 Bil
Cash and Equivalents

Usd/Eur Fwd 20240719 Bnpafrpp

3.69 1.8 Bil
Derivative

Usd/Eur Fwd 20240719 955

3.59 1.7 Bil
Derivative

3 Month SOFR Future Mar 24

3.58 1.7 Bil
Government

Usd/Eur Fwd 20240719 0997

3.28 1.6 Bil
Derivative

Federal National Mortgage Association 6%

1.18 563.3 Mil
Securitized

Usd/Gbp Fwd 20240719 Scseus31

1.08 517.2 Mil
Derivative

United States Treasury Bonds 2.25%

1.03 491.5 Mil
Government

United States Treasury Bonds 1.375%

0.85 408.0 Mil
Government

Federal Home Loan Mortgage Corp. 5.5%

0.73 347.1 Mil
Securitized