SDMAX – PGIM Short Duration Multi-Sector Bond A Investment Strategy | Morningstar

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Strategy

The investment seeks total return. The fund seeks to achieve its objective by investing in fixed income instruments, whereby issuers borrow money from investors in return for either a fixed or variable rate of interest and eventual repayment of the amount borrowed. It invests, under normal circumstances, at least 80% of the fund's investable assets in fixed income instruments with varying maturities. It may invest up to 50% of its investable assets in asset-backed securities.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
SDMZX	PGIM Short Duration Multi-Sector Bond Fund- Class Z	Institutional	Open			Dec 23, 2013	$4.15B	0.390%	Below Average	—	$485.92M
SDMAX	PGIM Short Duration Multi-Sector Bond Fund- Class A	Front Load	Open			Dec 23, 2013	$849.79M	0.620%	Below Average	$1,000	$106.52M
SDMCX	PGIM Short Duration Multi-Sector Bond Fund- Class C	Level Load	Open			Dec 23, 2013	$51.10M	1.440%	Above Average	$1,000	−$1.66M
SDMQX	PGIM Short Duration Multi-Sector Bond Fund- Class R6	Retirement, Large	Open			Dec 23, 2013	$3.23B	0.320%	Below Average	—	$584.93M

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