PGIM TOTAL RETURN BOND FUND
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.0%
1 yr return
8.3%
3 Yr Avg Return
-1.8%
5 Yr Avg Return
-0.1%
Net Assets
$43.6 B
Holdings in Top 10
10.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.78%
SALES FEES
Front Load 3.25%
Deferred Load N/A
TRADING FEES
Turnover 46.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/22/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PDBAX - Profile
Distributions
- YTD Total Return 3.0%
- 3 Yr Annualized Total Return -1.8%
- 5 Yr Annualized Total Return -0.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.11%
- Dividend Yield 4.5%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM TOTAL RETURN BOND FUND
-
Fund Family NamePrudential
-
Inception DateAug 29, 1995
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerRobert Tipp
Fund Description
PDBAX - Performance
Return Ranking - Trailing
Period | PDBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -6.4% | 11.1% | 18.38% |
1 Yr | 8.3% | -2.5% | 16.8% | 15.20% |
3 Yr | -1.8%* | -9.8% | 27.7% | 29.94% |
5 Yr | -0.1%* | -7.5% | 58.4% | 55.09% |
10 Yr | 1.9%* | -2.9% | 73.8% | 20.54% |
* Annualized
Return Ranking - Calendar
Period | PDBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.7% | -16.2% | 8.1% | 22.22% |
2022 | -18.9% | -34.7% | 131.9% | 92.84% |
2021 | -4.2% | -11.6% | 4.4% | 82.18% |
2020 | 4.8% | -10.1% | 946.1% | 35.15% |
2019 | 3.5% | -1.7% | 16.9% | 89.44% |
Total Return Ranking - Trailing
Period | PDBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 3.0% | -6.4% | 11.1% | 18.38% |
1 Yr | 8.3% | -2.5% | 16.8% | 15.20% |
3 Yr | -1.8%* | -9.8% | 27.7% | 29.94% |
5 Yr | -0.1%* | -7.5% | 58.4% | 55.09% |
10 Yr | 1.9%* | -2.9% | 73.8% | 20.54% |
* Annualized
Total Return Ranking - Calendar
Period | PDBAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.8% | -11.3% | 11.9% | 6.38% |
2022 | -15.0% | -32.2% | 131.9% | 85.47% |
2021 | -1.4% | -9.4% | 9.2% | 64.25% |
2020 | 8.0% | -1.9% | 1009.0% | 56.43% |
2019 | 10.8% | 1.1% | 21668.0% | 7.47% |
NAV & Total Return History
PDBAX - Holdings
Concentration Analysis
PDBAX | Category Low | Category High | PDBAX % Rank | |
---|---|---|---|---|
Net Assets | 43.6 B | 2.9 M | 314 B | 5.85% |
Number of Holdings | 3503 | 1 | 17787 | 11.51% |
Net Assets in Top 10 | 4.92 B | 1.62 M | 35.1 B | 10.69% |
Weighting of Top 10 | 10.54% | 4.4% | 432.9% | 90.09% |
Top 10 Holdings
- (PIPA070) PGIM Core Government Money Market Fund 3.98%
- United States Treasury Note/Bond 0.93%
- United States Treasury Note/Bond 0.92%
- Fannie Mae or Freddie Mac 0.86%
- Freddie Mac Pool 0.74%
- Fannie Mae Pool 0.74%
- PGIM Institutional Money Market Fund - D 0.65%
- Freddie Mac Pool 0.62%
- United States Treasury Note/Bond 0.56%
- Freddie Mac Pool 0.54%
Asset Allocation
Weighting | Return Low | Return High | PDBAX % Rank | |
---|---|---|---|---|
Bonds | 95.63% | 0.00% | 993.61% | 46.67% |
Cash | 4.63% | -54.51% | 237.69% | 31.96% |
Other | 3.04% | -27.25% | 52.94% | 58.17% |
Convertible Bonds | 1.28% | 0.00% | 7.93% | 57.87% |
Stocks | 0.14% | 0.00% | 99.99% | 16.31% |
Preferred Stocks | 0.02% | 0.00% | 71.02% | 23.95% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PDBAX % Rank | |
---|---|---|---|---|
Utilities | 0.00% | 0.00% | 100.00% | 90.59% |
Technology | 0.00% | 0.00% | 43.45% | 89.41% |
Real Estate | 0.00% | 0.00% | 99.26% | 91.37% |
Industrials | 0.00% | 0.00% | 48.31% | 91.76% |
Healthcare | 0.00% | 0.00% | 17.70% | 90.59% |
Financial Services | 0.00% | 0.00% | 100.00% | 91.37% |
Energy | 0.00% | 0.00% | 100.00% | 40.00% |
Communication Services | 0.00% | 0.00% | 100.00% | 3.92% |
Consumer Defense | 0.00% | 0.00% | 99.67% | 89.41% |
Consumer Cyclical | 0.00% | 0.00% | 100.00% | 89.41% |
Basic Materials | 0.00% | 0.00% | 100.00% | 92.55% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PDBAX % Rank | |
---|---|---|---|---|
US | 0.14% | 0.00% | 99.99% | 16.34% |
Non US | 0.00% | 0.00% | 88.46% | 81.71% |
Bond Sector Breakdown
Weighting | Return Low | Return High | PDBAX % Rank | |
---|---|---|---|---|
Securitized | 34.96% | 0.00% | 98.40% | 33.02% |
Corporate | 28.46% | 0.00% | 100.00% | 57.04% |
Government | 10.38% | 0.00% | 86.23% | 84.78% |
Cash & Equivalents | 4.63% | -0.46% | 237.69% | 30.94% |
Municipal | 0.61% | 0.00% | 100.00% | 39.96% |
Derivative | 0.60% | -1.58% | 44.82% | 11.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | PDBAX % Rank | |
---|---|---|---|---|
US | 83.57% | 0.00% | 993.61% | 84.58% |
Non US | 12.05% | 0.00% | 30.95% | 1.75% |
PDBAX - Expenses
Operational Fees
PDBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.78% | 0.01% | 39.64% | 41.68% |
Management Fee | 0.39% | 0.00% | 1.76% | 60.02% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 56.96% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
PDBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 3.25% | 2.00% | 5.75% | 83.70% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PDBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 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.
PDBAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 46.00% | 2.00% | 493.39% | 16.07% |
PDBAX - Distributions
Dividend Yield Analysis
PDBAX | Category Low | Category High | PDBAX % Rank | |
---|---|---|---|---|
Dividend Yield | 4.46% | 0.00% | 10.11% | 16.00% |
Dividend Distribution Analysis
PDBAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
PDBAX | Category Low | Category High | PDBAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.11% | -1.28% | 4.79% | 25.68% |
Capital Gain Distribution Analysis
PDBAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Oct 31, 2024 | $0.044 | OrdinaryDividend |
Sep 30, 2024 | $0.045 | OrdinaryDividend |
Aug 30, 2024 | $0.044 | OrdinaryDividend |
Jul 31, 2024 | $0.045 | OrdinaryDividend |
Apr 30, 2024 | $0.044 | OrdinaryDividend |
Mar 28, 2024 | $0.046 | OrdinaryDividend |
Feb 29, 2024 | $0.043 | OrdinaryDividend |
Jan 31, 2024 | $0.046 | OrdinaryDividend |
Dec 29, 2023 | $0.045 | OrdinaryDividend |
Nov 30, 2023 | $0.047 | OrdinaryDividend |
Oct 31, 2023 | $0.047 | OrdinaryDividend |
Sep 29, 2023 | $0.042 | OrdinaryDividend |
Aug 31, 2023 | $0.046 | OrdinaryDividend |
Jul 31, 2023 | $0.046 | OrdinaryDividend |
Jun 30, 2023 | $0.043 | OrdinaryDividend |
May 31, 2023 | $0.044 | OrdinaryDividend |
Apr 28, 2023 | $0.042 | OrdinaryDividend |
Mar 31, 2023 | $0.040 | OrdinaryDividend |
Feb 28, 2023 | $0.038 | OrdinaryDividend |
Jan 31, 2023 | $0.042 | OrdinaryDividend |
Dec 30, 2022 | $0.042 | OrdinaryDividend |
Dec 22, 2022 | $0.149 | OrdinaryDividend |
Nov 30, 2022 | $0.041 | OrdinaryDividend |
Oct 31, 2022 | $0.038 | OrdinaryDividend |
Sep 30, 2022 | $0.037 | OrdinaryDividend |
Aug 31, 2022 | $0.039 | OrdinaryDividend |
Jul 29, 2022 | $0.037 | OrdinaryDividend |
Jun 30, 2022 | $0.035 | OrdinaryDividend |
May 31, 2022 | $0.035 | OrdinaryDividend |
Apr 29, 2022 | $0.028 | OrdinaryDividend |
Mar 31, 2022 | $0.029 | OrdinaryDividend |
Feb 28, 2022 | $0.028 | OrdinaryDividend |
Jan 31, 2022 | $0.030 | OrdinaryDividend |
Dec 31, 2021 | $0.030 | OrdinaryDividend |
Dec 23, 2021 | $0.043 | OrdinaryDividend |
Nov 30, 2021 | $0.030 | OrdinaryDividend |
Oct 29, 2021 | $0.028 | OrdinaryDividend |
Sep 30, 2021 | $0.028 | OrdinaryDividend |
Aug 31, 2021 | $0.029 | OrdinaryDividend |
Jul 30, 2021 | $0.028 | OrdinaryDividend |
Jun 30, 2021 | $0.028 | OrdinaryDividend |
May 28, 2021 | $0.030 | OrdinaryDividend |
Apr 30, 2021 | $0.028 | OrdinaryDividend |
Mar 31, 2021 | $0.029 | OrdinaryDividend |
Feb 26, 2021 | $0.028 | OrdinaryDividend |
Jan 29, 2021 | $0.031 | OrdinaryDividend |
Dec 31, 2020 | $0.033 | OrdinaryDividend |
Nov 30, 2020 | $0.032 | OrdinaryDividend |
Oct 30, 2020 | $0.001 | ReturnOfCapital |
Oct 30, 2020 | $0.033 | OrdinaryDividend |
Sep 30, 2020 | $0.001 | ReturnOfCapital |
Sep 30, 2020 | $0.032 | OrdinaryDividend |
Aug 31, 2020 | $0.001 | ReturnOfCapital |
Aug 31, 2020 | $0.032 | OrdinaryDividend |
Jul 31, 2020 | $0.001 | ReturnOfCapital |
Jul 31, 2020 | $0.032 | OrdinaryDividend |
Jun 30, 2020 | $0.001 | ReturnOfCapital |
Jun 30, 2020 | $0.034 | OrdinaryDividend |
May 29, 2020 | $0.001 | ReturnOfCapital |
May 29, 2020 | $0.036 | OrdinaryDividend |
Apr 30, 2020 | $0.001 | ReturnOfCapital |
Apr 30, 2020 | $0.035 | OrdinaryDividend |
Mar 31, 2020 | $0.001 | ReturnOfCapital |
Mar 31, 2020 | $0.036 | OrdinaryDividend |
Feb 28, 2020 | $0.001 | ReturnOfCapital |
Feb 28, 2020 | $0.031 | OrdinaryDividend |
Jan 31, 2020 | $0.001 | ReturnOfCapital |
Jan 31, 2020 | $0.033 | OrdinaryDividend |
Dec 31, 2019 | $0.034 | OrdinaryDividend |
Dec 23, 2019 | $0.038 | Extra |
Dec 18, 2019 | $0.257 | CapitalGainShortTerm |
Dec 18, 2019 | $0.246 | CapitalGainLongTerm |
Nov 29, 2019 | $0.036 | OrdinaryDividend |
Oct 31, 2019 | $0.035 | OrdinaryDividend |
Sep 30, 2019 | $0.033 | OrdinaryDividend |
Aug 30, 2019 | $0.040 | OrdinaryDividend |
Jul 31, 2019 | $0.038 | OrdinaryDividend |
Dec 21, 2018 | $0.086 | ExtraDividend |
Dec 12, 2016 | $0.078 | CapitalGainShortTerm |
Dec 12, 2016 | $0.070 | CapitalGainLongTerm |
Dec 10, 2015 | $0.002 | CapitalGainLongTerm |
Dec 30, 2014 | $0.005 | ExtraDividend |
Dec 10, 2014 | $0.021 | CapitalGainLongTerm |
Dec 21, 2012 | $0.096 | CapitalGainShortTerm |
Dec 21, 2012 | $0.038 | CapitalGainLongTerm |
Dec 23, 2011 | $0.182 | CapitalGainShortTerm |
Dec 23, 2011 | $0.142 | CapitalGainLongTerm |
Dec 21, 2010 | $0.043 | CapitalGainShortTerm |
Dec 21, 2010 | $0.115 | CapitalGainLongTerm |
PDBAX - Fund Manager Analysis
Managers
Robert Tipp
Start Date
Tenure
Tenure Rank
Oct 30, 2002
19.6
19.6%
Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.
Michael Collins
Start Date
Tenure
Tenure Rank
Nov 18, 2009
12.54
12.5%
Michael J. Collins, CFA, is a Managing Director and Senior Portfolio Manager for Core, Core Plus, Absolute Return, and other Multi-Sector Fixed Income strategies. Previously, Mr. Collins was a High Yield Portfolio Manager and Fixed Income Investment Strategist. Earlier he was a credit research analyst, covering investment grade and high yield corporate credits. Additionally, he developed proprietary quantitative international interest rate and currency valuation models for our global bond unit. Mr. Collins began his career at the Firm in 1986 as a software applications designer. He received a BS in Mathematics and Computer Science from the State University of New York at Binghamton and an MBA in Finance from New York University. Mr. Collins holds the Chartered Financial Analyst (CFA) designation and is a Fellow of the Life Management Institute (FLMI). Named Morningstar’s 2017 Fixed Income Manager of The Year for Prudential Total Return Bond Fund.
Richard Piccirillo
Start Date
Tenure
Tenure Rank
Dec 31, 2012
9.42
9.4%
Richard Piccirillo is a Principal and senior portfolio manager for PGIM Fixed Income’s Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. He is also a member of the Global Rates and Securitized Products Team focusing on CMBS. Mr. Piccirillo has specialized in mortgage-and asset- backed securities since joining Prudential Financial in 1993. Before joining Prudential Financial, Mr. Piccirillo was a fixed income analyst with Fischer Francis Trees & Watts. Mr. Piccirillo started his career as a financial analyst at Smith Barney. He received a BBA in Finance from George Washington University and an MBA in Finance and International Business from New York University.
Gregory Peters
Start Date
Tenure
Tenure Rank
Mar 05, 2014
8.24
8.2%
Gregory Peters is a Managing Director and Senior Investment Officer of PGIM Fixed Income. He is also senior portfolio manager for Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. Prior to joining PGIM Fixed Income, Mr. Peters was the Chief Global Cross Asset Strategist at Morgan Stanley and responsible for the firm's macro research and asset allocation strategy. In addition, he was Morgan Stanley's Global Director of Fixed Income & Economic Research and served on the Firm Risk, Investment, Asset Allocation, Global Credit, and Global Fixed Income Operating Committees. Earlier, Mr. Peters worked at Salomon Smith Barney and the Department of U.S. Treasury. Mr. Peters has been recognized by Institutional Investor magazine for his efforts in macro, fixed income, high yield and investment grade strategies. Mr. Peters was also recently recognized as Business Insider's Top Analysts and Top Analyst's to Watch by CEO World. Mr. Peters earned a BA in Finance from The College of New Jersey and an MBA from Fordham University. He is also a member of the Fixed Income Analyst Society and the Bond Market Association.
Lindsay Rosner
Start Date
Tenure
Tenure Rank
Sep 30, 2021
0.67
0.7%
Lindsay Rosner, CFA, is Vice President on the Multi-Sector Portfolio Management Team for PGIM Fixed Income. Her primary responsibilities are supporting our efforts in managing multi-sector portfolios across several mandates, including Core, Core Plus, and Core Conservative, both intermediate and long duration. Prior to joining the Firm in 2012, Ms. Rosner worked for Barclays Capital (and prior to that, Lehman Brothers) in New York City where she was a convertible bond trader, working with both hedge fund and traditional money management clients. Ms. Rosner is a graduate of Princeton University. She holds a BA from the Woodrow Wilson School of Public and International Affairs. Ms. Rosner holds the Chartered Financial Analyst (CFA) designation.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 33.43 | 6.77 | 1.16 |