Skip to Content
Morningstar

PGIM Corporate Bond Z TGMBX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 9.64  /  +0.11 %
  • Total Assets 23.6 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 3.71%
  • Effective Duration 6.84 years

USD | NAV as of Apr 22, 2024 | 1-Day Return as of Apr 22, 2024, 10:14 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.

PGIM Corporate Bond Z's Average Process Pillar and People Pillar ratings result in 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
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings TGMBX

More TGMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 13.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Morgan Stanley 2.239%

1.74 419,969
Corporate

Puget Energy Inc 3.65%

1.62 390,500
Corporate

Wells Fargo & Co. 2.572%

1.46 353,286
Corporate

JPMorgan Chase & Co. 4.452%

1.41 341,241
Corporate

DCP Midstream Operating LP 5.125%

1.28 309,042
Corporate

Site Centers Corp 3.625%

1.25 301,444
Corporate

Citigroup Inc. 4.412%

1.19 286,049
Corporate

Bank of America Corp. 2.572%

1.10 264,996
Corporate

Broadcom Inc 3.419%

1.09 262,309
Corporate

Morgan Stanley Bank Of America Merrill Lynch Trust 2.84%

1.07 258,311
Securitized