PGIM Emerging Markets Debt Hard Currency Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
2.8%
1 yr return
13.6%
3 Yr Avg Return
-1.3%
5 Yr Avg Return
0.6%
Net Assets
$227 M
Holdings in Top 10
11.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.78%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 20.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PDHQX - Profile
Distributions
- YTD Total Return 2.8%
- 3 Yr Annualized Total Return -1.3%
- 5 Yr Annualized Total Return 0.6%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 4.24%
- Dividend Yield 5.7%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM Emerging Markets Debt Hard Currency Fund
-
Fund Family NamePrudential
-
Inception DateDec 12, 2017
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMariusz Banasiak
Fund Description
PDHQX - Performance
Return Ranking - Trailing
Period | PDHQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -2.8% | 93.3% | 9.54% |
1 Yr | 13.6% | -3.8% | 112.3% | 24.34% |
3 Yr | -1.3%* | -13.6% | 21.2% | 66.55% |
5 Yr | 0.6%* | -8.7% | 12.8% | 62.77% |
10 Yr | N/A* | -5.2% | 6.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | PDHQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 3.3% | -10.6% | 17.8% | 73.68% |
2022 | -24.0% | -29.1% | -2.4% | 88.78% |
2021 | -7.0% | -24.0% | 2.7% | 51.57% |
2020 | -0.8% | -14.0% | 9.7% | 75.54% |
2019 | 8.8% | -6.4% | 13.0% | 36.13% |
Total Return Ranking - Trailing
Period | PDHQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 2.8% | -2.8% | 93.3% | 9.54% |
1 Yr | 13.6% | -3.8% | 112.3% | 24.34% |
3 Yr | -1.3%* | -13.6% | 21.2% | 66.55% |
5 Yr | 0.6%* | -8.7% | 12.8% | 62.77% |
10 Yr | N/A* | -5.2% | 6.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PDHQX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 11.5% | -0.6% | 20.0% | 59.87% |
2022 | -17.8% | -27.6% | -1.7% | 84.69% |
2021 | -1.3% | -18.5% | 7.4% | 19.86% |
2020 | 4.9% | -7.8% | 18.0% | 55.76% |
2019 | 15.7% | -3.0% | 23.0% | 14.23% |
NAV & Total Return History
PDHQX - Holdings
Concentration Analysis
PDHQX | Category Low | Category High | PDHQX % Rank | |
---|---|---|---|---|
Net Assets | 227 M | 331 K | 14.4 B | 55.41% |
Number of Holdings | 761 | 4 | 1833 | 9.18% |
Net Assets in Top 10 | 25.6 M | -134 M | 1.25 B | 63.61% |
Weighting of Top 10 | 11.41% | 5.1% | 101.4% | 96.03% |
Top 10 Holdings
- (PIPA070) PGIM Core Government Money Market Fund 3.33%
- PGIM Institutional Money Market Fund - D 1.40%
- Saudi Government International Bond 0.95%
- Qatar Government International Bond 0.95%
- Mexico City Airport Trust 0.89%
- Turkiye Government International Bond 0.88%
- Angolan Government International Bond 0.87%
- DP World Ltd/United Arab Emirates 0.80%
- Dominican Republic International Bond 0.69%
- Oman Government International Bond 0.67%
Asset Allocation
Weighting | Return Low | Return High | PDHQX % Rank | |
---|---|---|---|---|
Bonds | 95.28% | 0.91% | 99.54% | 20.00% |
Cash | 4.74% | 0.00% | 21.93% | 69.84% |
Stocks | 0.00% | -0.01% | 93.55% | 74.43% |
Preferred Stocks | 0.00% | 0.00% | 1.28% | 66.23% |
Convertible Bonds | 0.00% | 0.00% | 8.47% | 87.42% |
Other | -0.02% | -9.56% | 88.17% | 84.26% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PDHQX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 11.41% | 89.72% |
Technology | 0.00% | 0.00% | 30.64% | 85.05% |
Real Estate | 0.00% | 0.00% | 2.39% | 88.79% |
Industrials | 0.00% | 0.00% | 100.00% | 89.72% |
Healthcare | 0.00% | 0.00% | 12.25% | 88.79% |
Financial Services | 0.00% | 0.00% | 100.00% | 3.74% |
Energy | 0.00% | 0.00% | 100.00% | 93.46% |
Communication Services | 0.00% | 0.00% | 8.92% | 92.52% |
Consumer Defense | 0.00% | 0.00% | 24.66% | 88.79% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 88.79% |
Basic Materials | 0.00% | 0.00% | 100.00% | 93.46% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PDHQX % Rank | |
---|---|---|---|---|
US | 0.00% | 0.00% | 93.50% | 74.75% |
Non US | 0.00% | -0.01% | 1.26% | 67.54% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PDHQX % Rank | |
---|---|---|---|---|
Government | 43.88% | 0.00% | 99.79% | 76.82% |
Corporate | 8.29% | 0.00% | 93.26% | 77.15% |
Cash & Equivalents | 4.73% | 0.00% | 23.23% | 48.52% |
Securitized | 0.00% | 0.00% | 2.41% | 69.87% |
Municipal | 0.00% | 0.00% | 0.00% | 64.90% |
Derivative | -0.02% | -2.00% | 7.35% | 83.28% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PDHQX % Rank | |
---|---|---|---|---|
US | 88.63% | -42.31% | 99.01% | 29.18% |
Non US | 6.65% | 0.00% | 132.49% | 64.59% |
PDHQX - Expenses
Operational Fees
PDHQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.78% | 0.02% | 35.56% | 81.25% |
Management Fee | 0.65% | 0.00% | 1.10% | 37.70% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.02% | 0.65% | N/A |
Sales Fees
PDHQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.75% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PDHQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
PDHQX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 20.00% | 0.00% | 218.00% | 5.66% |
PDHQX - Distributions
Dividend Yield Analysis
PDHQX | Category Low | Category High | PDHQX % Rank | |
---|---|---|---|---|
Dividend Yield | 5.73% | 0.00% | 22.11% | 14.75% |
Dividend Distribution Analysis
PDHQX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
PDHQX | Category Low | Category High | PDHQX % Rank | |
---|---|---|---|---|
Net Income Ratio | 4.24% | -2.28% | 8.00% | 42.28% |
Capital Gain Distribution Analysis
PDHQX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Feb 29, 2024 | $0.034 | DailyAccrualFund |
Jan 31, 2024 | $0.035 | DailyAccrualFund |
Dec 29, 2023 | $0.036 | DailyAccrualFund |
Dec 21, 2023 | $0.075 | DailyAccrualFund |
Nov 30, 2023 | $0.035 | DailyAccrualFund |
Oct 31, 2023 | $0.036 | DailyAccrualFund |
Sep 29, 2023 | $0.033 | DailyAccrualFund |
Aug 31, 2023 | $0.035 | DailyAccrualFund |
Jul 31, 2023 | $0.035 | DailyAccrualFund |
Jun 30, 2023 | $0.031 | DailyAccrualFund |
May 31, 2023 | $0.035 | DailyAccrualFund |
Apr 28, 2023 | $0.033 | DailyAccrualFund |
Mar 31, 2023 | $0.035 | DailyAccrualFund |
Feb 28, 2023 | $0.032 | DailyAccrualFund |
Jan 31, 2023 | $0.034 | DailyAccrualFund |
Dec 30, 2022 | $0.033 | DailyAccrualFund |
Dec 22, 2022 | $0.136 | DailyAccrualFund |
Nov 30, 2022 | $0.035 | DailyAccrualFund |
Oct 31, 2022 | $0.035 | DailyAccrualFund |
Sep 30, 2022 | $0.030 | DailyAccrualFund |
Aug 31, 2022 | $0.031 | DailyAccrualFund |
Jul 29, 2022 | $0.034 | DailyAccrualFund |
Jun 30, 2022 | $0.033 | DailyAccrualFund |
May 31, 2022 | $0.034 | DailyAccrualFund |
Apr 29, 2022 | $0.030 | DailyAccrualFund |
Mar 31, 2022 | $0.035 | DailyAccrualFund |
Feb 28, 2022 | $0.033 | DailyAccrualFund |
Jan 31, 2022 | $0.036 | DailyAccrualFund |
Dec 31, 2021 | $0.036 | DailyAccrualFund |
Dec 23, 2021 | $0.062 | DailyAccrualFund |
Nov 30, 2021 | $0.035 | DailyAccrualFund |
Oct 29, 2021 | $0.036 | DailyAccrualFund |
Sep 30, 2021 | $0.036 | DailyAccrualFund |
Aug 31, 2021 | $0.038 | DailyAccrualFund |
Jul 30, 2021 | $0.038 | DailyAccrualFund |
Jun 30, 2021 | $0.037 | DailyAccrualFund |
May 28, 2021 | $0.039 | DailyAccrualFund |
Apr 30, 2021 | $0.035 | DailyAccrualFund |
Mar 31, 2021 | $0.038 | DailyAccrualFund |
Feb 26, 2021 | $0.035 | DailyAccrualFund |
Jan 29, 2021 | $0.039 | DailyAccrualFund |
Dec 31, 2020 | $0.038 | DailyAccrualFund |
Dec 23, 2020 | $0.004 | DailyAccrualFund |
Nov 30, 2020 | $0.035 | DailyAccrualFund |
Oct 30, 2020 | $0.041 | DailyAccrualFund |
Sep 30, 2020 | $0.038 | DailyAccrualFund |
Aug 31, 2020 | $0.034 | DailyAccrualFund |
Jul 31, 2020 | $0.027 | DailyAccrualFund |
Jun 30, 2020 | $0.034 | DailyAccrualFund |
May 29, 2020 | $0.041 | DailyAccrualFund |
Apr 30, 2020 | $0.036 | DailyAccrualFund |
Mar 31, 2020 | $0.043 | DailyAccrualFund |
Feb 28, 2020 | $0.043 | DailyAccrualFund |
Jan 31, 2020 | $0.047 | DailyAccrualFund |
Dec 31, 2019 | $0.045 | DailyAccrualFund |
Dec 23, 2019 | $0.031 | ExtraDividend |
Nov 29, 2019 | $0.046 | DailyAccrualFund |
Oct 31, 2019 | $0.045 | DailyAccrualFund |
Sep 30, 2019 | $0.041 | DailyAccrualFund |
Aug 30, 2019 | $0.048 | DailyAccrualFund |
Jul 31, 2019 | $0.046 | DailyAccrualFund |
Jun 28, 2019 | $0.042 | OrdinaryDividend |
May 31, 2019 | $0.050 | DailyAccrualFund |
Apr 30, 2019 | $0.045 | DailyAccrualFund |
Mar 29, 2019 | $0.047 | DailyAccrualFund |
Feb 28, 2019 | $0.042 | DailyAccrualFund |
Jan 31, 2019 | $0.046 | DailyAccrualFund |
Dec 31, 2018 | $0.043 | DailyAccrualFund |
Nov 30, 2018 | $0.055 | DailyAccrualFund |
Oct 31, 2018 | $0.045 | DailyAccrualFund |
Aug 31, 2018 | $0.048 | DailyAccrualFund |
Jul 31, 2018 | $0.042 | DailyAccrualFund |
Jun 29, 2018 | $0.044 | DailyAccrualFund |
May 31, 2018 | $0.050 | DailyAccrualFund |
Apr 30, 2018 | $0.042 | DailyAccrualFund |
Mar 29, 2018 | $0.046 | DailyAccrualFund |
Feb 28, 2018 | $0.037 | DailyAccrualFund |
Jan 31, 2018 | $0.045 | DailyAccrualFund |
Dec 29, 2017 | $0.026 | DailyAccrualFund |
PDHQX - Fund Manager Analysis
Managers
Mariusz Banasiak
Start Date
Tenure
Tenure Rank
Dec 12, 2017
4.47
4.5%
Mariusz Banasiak is a Principal and Portfolio Manager for PGIM Fixed Income, responsible for developing emerging markets currency strategy. Prior to assuming his current position, Mr. Banasiak was a Vice President for PGIM Fixed Income’s Emerging Markets Debt Team, responsible for developing portfolio strategies on USD sovereign and local emerging market yield curves and currencies in the Europe, Middle East and Africa (EMEA) region. Previously, Mr. Banasiak was an Analyst for emerging market debt portfolios in the Portfolio Analyst Group of PGIM Fixed Income. Earlier, he was responsible for risk analysis and performance attribution for the firm’s proprietary portfolios. Mr. Banasiak joined PGIM Fixed Income in 2004.He received a BS in Finance from Rutgers University and holds the Chartered Financial Analyst (CFA) designation.
Cathy Hepworth
Start Date
Tenure
Tenure Rank
Dec 12, 2017
4.47
4.5%
Cathy L. Hepworth, CFA, is a Managing Director and an Emerging Market Sovereign Strategist/Portfolio Manager for PGIM Fixed Income's Emerging Markets Team. Ms. Hepworth co-founded PGIM Fixed Income's emerging markets debt management effort with David Bessey in 1995. Previously, Ms. Hepworth was an analyst in the credit unit of PGIM Fixed Income's Capital Management Group, focusing on various sovereign, financial and corporate sectors. Prior to joining PGIM Fixed Income in 1989, she held analyst positions at Bankers Trust, Merrill Lynch, and Golembe Associates. Ms. Hepworth received a BSFS from Georgetown University, School of Foreign Service. She holds the Chartered Financial Analyst (CFA) designation.
Aayush Sonthalia
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Johnny Mak
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Johnny Mak is a Principal and portfolio manager for PGIM Fixed Income's Emerging Markets Debt team. Mr. Mak is the regional portfolio manager for Non-Japan Asia, responsible for the analysis and management of hard and local currency emerging markets debt. Mr. Mak is also portfolio manager for the emerging markets sleeves of multi-sector and insurance portfolios. Previously, Mr. Mak was an analyst for the Portfolio Analysis Group for emerging markets and non-dollar fixed income portfolios, focused on formulating trade strategies, risk analysis, and performance attribution. Mr. Mak joined the Firm in 1997. He received a BS in Finance with a focus on Asian Studies and International Business from Seton Hall University.
Todd Petersen
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 23.87 | 6.38 | 6.11 |