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

11.10
Net Asset Value
+0.09%
1 Day
+0.54%
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+0.22% 3 years+1.91%
3 months+0.75% 5 years+2.11%
1 year+1.55% Since inception+4.59%
Data through --

Peer Comparisonvs. Short-term bond

 PIFZXCategory
Performance 5-yr return+2.11%+1.31%
Expense ratio0.52%0.77%
Risk 5 year sharpe ratio1.300.87
Net assets$10.5B$2.2B
Average market cap--$43.9B
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 / 17 Years
Minimal initial investment$5,000,000.00
Minimum IRA investment--

Holdings

Fixed income95.76%
Cash3.98%
Other0.26%
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
-- 11.45%
-- 2.79%
-- 1.23%
-- 0.66%
-- 0.66%
-- 0.65%
-- 0.63%
-- 0.58%
-- 0.57%
-- 0.55%