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Morningstar

PGIM Global Total Return Z PZTRX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 5.19  /  +0.20 %
  • Total Assets 2.7 Bil
  • Adj. Expense Ratio
    0.630%
  • Expense Ratio 0.640%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Global Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Extensive
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.90%
  • Effective Duration 6.35 years

USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:56 PM GMT+0

Morningstar’s Analysis PZTRX

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

  • People Pillar

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

An aggressive style has led to more volatility than for most, but hasn’t damaged this offering’s long-term appeal.

Director Eric Jacobson

Eric Jacobson

Director

Summary

A strong risk framework has helped PGIM Global Total Return avoid serious trouble despite its history of risk-taking.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PZTRX

More PZTRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 12.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

5.62 144.2 Mil
Cash and Equivalents

Cnh/Usd Fwd 20240919 Midlgb22

3.13 80.3 Mil
Derivative

Usd/Eur Fwd 20240719 Bnpafrpp

2.66 68.1 Mil
Derivative

Usd/Eur Fwd 20240719 955

2.50 64.2 Mil
Derivative

Jpy/Usd Fwd 20240719 5

2.41 61.8 Mil
Derivative

Swap Vm Citi Usd

2.37 60.9 Mil
Cash and Equivalents

Usd/Eur Fwd 20240719 0997

2.33 59.7 Mil
Derivative

Greece (Republic Of) 1.875%

2.07 53.2 Mil
Government

United Kingdom of Great Britain and Northern Ireland 4.5%

2.03 52.0 Mil
Government

Colombia (Republic of) 3.875%

1.97 50.5 Mil
Government