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Morningstar

PGIM Corporate Bond Z TGMBX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 9.16  /  0.96 %
  • Total Assets 24.1 Mil
  • Adj. Expense Ratio
    0.550%
  • Expense Ratio 0.550%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Corporate Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 3.83%
  • Effective Duration 7.01 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 10:17 PM GMT+0

Morningstar’s Analysis TGMBX

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit PGIM Corporate Bond Z to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
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Portfolio Holdings TGMBX

More TGMBX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 272
  • Other Holdings 4
  • % Assets in Top 10 Holdings 12.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

2.21
559,303
Cash and Equivalents

Morgan Stanley 2.239%

1.60
404,047
Corporate

Puget Energy Inc 3.65%

1.52
383,952
Corporate

Wells Fargo & Company 2.572%

1.35
342,268
Corporate

JPMorgan Chase & Co. 4.452%

1.32
333,541
Corporate

Phillips 66 5.125%

1.20
302,728
Corporate

Site Centers Corp 3.625%

1.15
291,162
Corporate

Citigroup Inc. 4.412%

1.10
278,510
Corporate

Bank of America Corporation 2.572%

1.01
256,449
Corporate

Societe Generale S.A. 6.447%

1.01
256,002
Corporate