PGIM Short Duration Multi-Sector Bond produces higher volatility than its average peer but has shown it can produce enough return over the long haul to make up for it.
PGIM Short Duration Multi-Sector Bond C SDMCX
- NAV / 1-Day Return 8.78 / +0.04 %
- Total Assets 3.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 1.520%
- Distribution Fee Level High
- Share Class Type Level Load
- Category Short-Term Bond
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.29%
- Effective Duration 2.03 years
USD | NAV as of Mar 29, 2024 | 1-Day Return as of Mar 29, 2024, 12:14 AM GMT+0
Morningstar’s Analysis SDMCX
Will SDMCX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 17.1
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
3 Month SOFR Future Dec 23 | 4.91 | 188.1 Mil | Government |
Prudential Govt Money Mkt Fd | 4.04 | 154.4 Mil | Cash and Equivalents |
United States Treasury Notes 5% | 3.77 | 144.3 Mil | Government |
United States Treasury Notes 4% | 3.15 | 120.7 Mil | Government |
Usd/Eur Fwd 20240419 0997 | 3.02 | 115.7 Mil | Derivative |
Usd/Eur Fwd 20240419 2568 | 2.78 | 106.6 Mil | Derivative |
United States Treasury Notes 0.375% | 1.95 | 74.6 Mil | Government |
Usd/Eur Fwd 20240419 955 | 1.86 | 71.0 Mil | Derivative |
Fnma Pass-Thru I 2.5% | 1.61 | 61.8 Mil | Securitized |
United States Treasury Notes 4.25% | 1.50 | 57.3 Mil | Government |