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

11.28
Net Asset Value
0.00%
1 Day
-0.70%
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-0.12% 3 years+3.15%
3 months+0.16% 5 years+3.28%
1 year+1.82% Since inception+4.97%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+3.28%+2.49%
Expense ratio0.51%0.88%
Risk 5 year sharpe ratio1.731.52
Net assets$9.7B$2.1B
Average market cap--$50.3B
Average P/E--17.9
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 income91.92%
Cash8.04%
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
-- 2 Year US Treasury Note Future Dec149.93%
-- 5 Year US Treasury Note Future Dec144.40%
-- 10 Year US Treasury Note Future Dec143.02%
-- Citigroup 3.953%0.94%
-- Jpmorgan Chase 6.3%0.76%
-- Verizon Comms 144A 2.625%0.76%
-- Oracle 2.375%0.58%
-- Goldman Sachs Grp 2.375%0.56%
-- Anadarko Pete 6.375%0.55%
-- Bk Amer 6%0.53%

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