Morningstar

PGIM Short Duration Multi-Sector Bond R6 SDMQX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 8.98  /  +0.15 %
  • Total Assets 5.0 Bil
  • Adj. Expense Ratio
    0.330%
  • Expense Ratio 0.330%
  • Distribution Fee Level Below Average
  • Share Class Type Retirement, Large
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 4.50%
  • Effective Duration 1.78 years

USD | NAV as of Sep 28, 2024 | 1-Day Return as of Sep 28, 2024, 12:17 AM GMT+0

Morningstar’s Analysis SDMQX

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

  • People Pillar

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

This strategy offers a lot to those willing to take on a bit more risk than other short-term rivals.

Director Eric Jacobson

Eric Jacobson

Director

Summary

PGIM Short Duration Multi-Sector Bond produces higher volatility than its average peer but has shown it can produce enough return over the long haul to make up for it.

by Eric Jacobson
Rated on Published on

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Portfolio Holdings SDMQX

More SDMQX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 21.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

United States Treasury Notes 4%

5.36 256.5 Mil
Government

Usd/Eur Fwd 20241021 0997

5.26 252.1 Mil
Derivative

United States Treasury Notes 5%

4.81 230.4 Mil
Government

United States Treasury Notes 4.25%

2.77 132.8 Mil
Government

United States Treasury Notes 0.375%

2.40 114.7 Mil
Government

Usd/Eur Fwd 20241021 5

2.07 99.0 Mil
Derivative

Usd/Eur Fwd 20241021 Midlgb22

2.07 98.9 Mil
Derivative

Prudential Govt Money Mkt Fd

1.86 88.9 Mil
Cash and Equivalents

United States Treasury Notes 0.75%

1.46 70.1 Mil
Government

Fnma Pass-Thru I 2.5%

1.23 58.7 Mil
Securitized

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