The portfolio maintains a sizable cost advantage over competitors, priced within the lowest fee quintile among peers.
PGIM Absolute Return Bond R6 PADQX
- NAV / 1-Day Return 9.10 / +0.12 %
- Total Assets 2.6 Bil
-
Adj. Expense Ratio
- Expense Ratio 0.650%
- Distribution Fee Level Average
- Share Class Type Retirement, Large
- Category Nontraditional Bond
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 0
- Status Open
- TTM Yield 5.96%
- Effective Duration —
USD | NAV as of Oct 05, 2024 | 1-Day Return as of Oct 05, 2024, 12:33 AM GMT+0
Morningstar’s Analysis PADQX
Will PADQX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 22.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
United States Treasury Notes 4% | 7.59 | 190.3 Mil | Government |
Usd/Eur Fwd 20241021 0997 | 7.25 | 181.8 Mil | Derivative |
United States Treasury Notes 4.25% | 5.59 | 140.2 Mil | Government |
United States Treasury Bonds 3.375% | 4.06 | 101.7 Mil | Government |
PGIM Ultra Short Bond ETF | 3.18 | 79.6 Mil | — |
Usd/Eur Fwd 20241021 5 | 2.86 | 71.6 Mil | Derivative |
Usd/Eur Fwd 20241021 Midlgb22 | 2.86 | 71.6 Mil | Derivative |
United States Treasury Notes 0.375% | 2.04 | 51.1 Mil | Government |
Usd/Gbp Fwd 20241021 2568 | 1.89 | 47.4 Mil | Derivative |
Usd/Cnh Fwd 20240919 Mslngb2x | 1.72 | 43.1 Mil | Derivative |