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

11.07
Net Asset Value
0.00%
1 Day
+0.27%
Year-to-Date
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
0.52%
Expense Ratio
Above Average
Morningstar Risk Rating™
Investment Objective The investment seeks high current income consistent with the preservation of principal. The fund invests- under normal circumstances- at least 80% of its investable assets in bonds of corporations with varying maturities. For purposes of this policy- bonds include all fixed-income securities- other than preferred stock- and corporations include all private issuers. The effective duration of the fund's portfolio will generally be less than three years.

Performance

1 month+0.03% 3 years+1.90%
3 months+0.39% 5 years+1.86%
1 year+1.64% Since inception+4.56%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+1.86%+1.17%
Expense ratio0.52%0.77%
Risk 5 year sharpe ratio1.170.82
Net assets$10.7B$2.3B
Average market cap--$43.8B
Average P/E--21.2
Portfolio turnover51%51%

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Fund Management and Purchase Info

Fund familyPrudential Funds (PGIM Investments)
Fund manager & tenureSteven Kellner / 18 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

Fixed income97.21%
Cash2.54%
Other0.25%
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
-- 14.74%
-- 4.60%
-- 1.34%
-- 0.61%
-- 0.61%
-- 0.60%
-- 0.58%
-- 0.53%
-- 0.53%
-- 0.48%