PGIM Short Duration Multi-Sector Bond Fund- Class R6 SDMQX

Morningstar Medalist Rating
  • NAV / 1-Day Return$8.73  /  −0.11%
  • Fund Size$8.4B
  • Adjusted Expense Ratio0.320%
  • Net Expense Ratio0.320%
  • Fee Level: DistributionBelow Average
  • Share Class TypeRetirement, Large
  • Morningstar CategoryShort-Term Bond
  • Fixed-Income Style Box (Funds)Medium/Limited
  • Minimum Initial Investment—
  • Investment StatusOpen
  • TTM Yield4.82%
  • Average Effective Duration2.08 yrs

Morningstar’s Analysis SDMQX

Will SDMQX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

An excellent option for income-seeking short-term bond investors.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM Short Duration Multi-Sector Bond takes a flexible approach that relies on strong fundamental research and a robust risk-management infrastructure. Offered through a long-standing mutual fund and a newer exchange-traded fund, the strategy remains an attractive option for short-term bond investors willing to tolerate episodic volatility in exchange for higher income.

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Portfolio Holdings SDMQX

  • Current Portfolio Date
  • Equity Holdings—
  • Bond Holdings—
  • Other Holdings—
  • % Assets in Top 10 Holdings25.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 3.875%

6.51554M
Government

United States Treasury Notes 3.375%

5.77491M
Government

United States Treasury Notes 3.5%

2.75234M
Government

Usd/Eur Fwd 20261022 57918

2.56218M
Derivative

Usd/Eur Fwd 20261022 0997

2.56218M
Derivative

Usd/Eur Fwd 20261022 00651

2.19186M
Derivative

PGIM AAA CLO ETF

2.06175M
—

United States Treasury Notes 3.375%

1.82155M
Government

United States Treasury Notes 4.125%

1.77151M
Government

United States Treasury Notes 0.5%

1.68143M
Government

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