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

Net Asset Value
1 Day
Overall Morningstar Rating
Short-term bond
Style or Category
No Load
Sales Expenses
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.


1 month-0.40% 3 years+1.51%
3 months+0.44% 5 years+2.45%
1 year+1.20% Since inception+4.78%
Data through --

Peer Comparisonvs. Short-term bond

Performance 5-yr return+2.45%+1.49%
Expense ratio0.53%0.84%
Risk 5 year sharpe ratio1.301.01
Net assets$9.0B$2.1B
Average market cap--$71.3B
Average P/E--19.0
Portfolio turnover54%54%

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Fund Management and Purchase Info

Fund familyPrudential Investments
Fund manager & tenureSteven Kellner / 16 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--


Fixed income89.84%
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
-- 6.96%
-- 2.38%
-- 2.31%
-- 0.80%
-- 0.80%
-- 0.77%
-- 0.72%
-- 0.58%
-- 0.56%
-- 0.54%