Prudential Short-Term Corporate Bond Fund Class Z (PIFZX)

11.29
Net Asset Value
-0.09%
1 Day
-0.62%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.51%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income consistent with the preservation of principal. The fund invests at least 80% of its investable assets in bonds of corporations with varying maturities. The effective duration of the fund's portfolio will generally be less than three years. It may invest in mortgage-related securities and asset-backed securities. Up to 35% of the fund's investable assets may be invested in dollar-denominated obligations issued in the U.S. by foreign corporations and governments. The fund may invest up to 20% of the fund's investable assets in below investment-grade debt obligations.

Performance

1 month-0.48% 3 years+2.86%
3 months+0.10% 5 years+3.58%
1 year+2.78% Since inception+5.02%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+3.58%+3.21%
Expense ratio0.51%0.87%
Risk 5 year sharpe ratio1.901.67
Net assets$9.7B$2.1B
Average market cap--$50.3B
Average P/E--18.0
Portfolio turnover65%65%

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Fund Management and Purchase Info

Fund familyPrudential Investments
Fund manager & tenureSteven Kellner / 15 Years
Minimal initial investment$0.00
Minimum IRA investment--

Holdings

Fixed income92.06%
Cash7.90%
Other0.04%
U.S. stock0.00%
International stock0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- NYSE/Liffe 2 Year US Treasury Note Future Sept148.21%
-- 5 Year US Treasury Note Future Sept145.59%
-- NYSE/Liffe 2 Year US Treasury Note Future Dec145.56%
-- NYSE/Liffe 10 Year US Treasury Note Future Sept143.68%
-- Citigroup 3.953%0.92%
-- Jpmorgan Chase 6.3%0.75%
-- Verizon Comms 3.65%0.63%
-- Oracle 2.375%0.58%
-- Goldman Sachs Grp 2.375%0.55%
-- Anadarko Pete 6.375%0.55%

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