Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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

11.06
Net Asset Value
+0.18%
1 Day
+0.18%
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+0.64% 3 years+1.79%
3 months-0.53% 5 years+2.33%
1 year+2.91% Since inception+4.61%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+2.33%+1.46%
Expense ratio0.52%0.81%
Risk 5 year sharpe ratio1.421.05
Net assets$10.3B$2.1B
Average market cap--$43.0B
Average P/E--19.2
Portfolio turnover49%49%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyPrudential Investments
Fund manager & tenureSteven Kellner / 17 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

Fixed income95.45%
Cash4.28%
Other0.28%
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
-- 8.97%
-- 0.76%
-- 0.69%
-- 0.69%
-- 0.68%
-- 0.68%
-- 0.66%
-- 0.63%
-- 0.56%
-- 0.55%