Morningstar

PGIM ESG Total Return Bond R6 PAJBX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 8.38  /  −0.71 %
  • Total Assets 24.6 Mil
  • Adj. Expense Ratio
    0.400%
  • Expense Ratio 0.400%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.77%
  • Effective Duration 5.93 years

USD | NAV as of Oct 04, 2024 | 1-Day Return as of Oct 04, 2024, 10:29 PM GMT+0

Morningstar’s Analysis PAJBX

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

  • People Pillar

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

PGIM ESG Total Return Bond R6’s Process Pillar rating is Average, but a strong management team still helps this strategy retain its Morningstar Medalist Rating of Bronze.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a sizable cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
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Portfolio Holdings PAJBX

More PAJBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 20.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20241002 955

5.84 1.4 Mil
Derivative

Eur/Usd Fwd 20240903 955

5.78 1.4 Mil
Derivative

Usd/Eur Fwd 20240903 955

5.57 1.4 Mil
Derivative

United States Treasury Bonds 1.75%

2.73 670,524
Government

PGIM AAA CLO ETF

2.33 573,104
—

Bank 2020-Bnk25 2.399%

2.20 539,960
Securitized

BROAD RIVER BSL FUNDING CLO LTD 6.71362%

2.18 535,683
Securitized

Csail Commercial Mortagage Trust 2.3199%

2.12 522,078
Securitized

Csmc Coml Mtg Tr 2016-Nxsr 3.7948%

1.98 486,234
Securitized

Anchorage Capital Europe Clo 1 Designated Activity Co. 1%

1.86 456,127
Securitized

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