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

11.00
Net Asset Value
+0.09%
1 Day
-0.36%
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-0.13% 3 years+2.02%
3 months-0.43% 5 years+1.76%
1 year+2.21% Since inception+4.51%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+1.76%+1.17%
Expense ratio0.52%0.76%
Risk 5 year sharpe ratio1.020.70
Net assets$10.7B$2.2B
Average market cap--$24.7B
Average P/E--21.0
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 income94.59%
Cash3.93%
Other1.48%
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
-- 14.86%
-- 4.38%
-- 1.68%
-- 0.61%
-- 0.61%
-- 0.61%
-- 0.58%
-- 0.55%
-- 0.54%
-- 0.54%