Morningstar

PGIM Total Return Bond Z PDBZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 12.32  /  +0.26 %
  • Total Assets 49.9 Bil
  • Adj. Expense Ratio
    0.490%
  • Expense Ratio 0.490%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Intermediate Core-Plus Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.68%
  • Effective Duration 5.92 years

USD | NAV as of Sep 27, 2024 | 1-Day Return as of Sep 27, 2024, 10:16 PM GMT+0

Morningstar’s Analysis PDBZX

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

  • People Pillar

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

There’s a volatility trade-off here, but a worthwhile one.

Director Eric Jacobson

Eric Jacobson

Director

Summary

PGIM Total Return Bond's robust process and deep resources make this a worthwhile offering for investors who can stomach its higher-than-average volatility.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings PDBZX

More PDBZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 6.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Usd/Eur Fwd 20241021 0997

6.42 3.1 Bil
Derivative

Prudential Govt Money Mkt Fd

4.46 2.1 Bil
Cash and Equivalents

Usd/Eur Fwd 20241021 5

2.57 1.2 Bil
Derivative

Usd/Eur Fwd 20241021 Midlgb22

2.46 1.2 Bil
Derivative

Usd/Gbp Fwd 20241021 2568

1.22 585.8 Mil
Derivative

Usd/Cnh Fwd 20240919 Mslngb2x

1.10 525.1 Mil
Derivative

Usd/Cnh Fwd 20241112 Mslngb2x

1.03 491.7 Mil
Derivative

United States Treasury Bonds 2.25%

1.02 488.8 Mil
Government

Cnh/Usd Fwd 20240919 Mslngb2x

0.94 450.2 Mil
Derivative

Federal National Mortgage Association 3%

0.73 348.1 Mil
Securitized

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