PQTSX: PGIM TIPS Fund - MutualFunds.com

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Fixed income news, reports, video and more.

Municipal bonds news, reports, video and more.

Practice management news, reports, video and more.

Portfolio management news, reports, video and more.

Retirement news, reports, video and more.

Learn from industry thought leaders and expert market participants.

Deepen your understanding of Responsible Investing.

Enhance retirement outcomes with helpful tactics.

PGIM TIPS R6

PQTSX - Snapshot

Vitals

  • YTD Return 7.0%
  • 3 Yr Annualized Return 5.3%
  • 5 Yr Annualized Return N/A
  • Net Assets $52.4 M
  • Holdings in Top 10 77.2%

52 WEEK LOW AND HIGH

$10.67
$9.48
$10.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.58%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 102.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

  • Primary Theme
  • Fund Type Open End Mutual Fund
  • Investment Style Inflation-Protected Bond

Compare PQTSX to Popular TIPS Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.41

-0.12%

$37.70 B

1.82%

$0.46

3.04%

0.14%

$50.75

-0.08%

$37.70 B

1.89%

$0.96

2.82%

0.05%

$14.34

-0.14%

$33.01 B

2.04%

$0.29

8.80%

0.20%

$126.04

-0.13%

$24.07 B

1.62%

$2.04

7.75%

0.19%

$10.70

-0.09%

$13.25 B

0.35%

$0.04

6.47%

PQTSX - Profile

Distributions

  • YTD Total Return 7.0%
  • 3 Yr Annualized Total Return 5.3%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.12%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Monthly

Fund Details

  • Legal Name
    PGIM TIPS Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Nov 15, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Craig Dewling

Fund Description

The fund invests, under normal circumstances, at least 80% of its investable assets in U.S. Treasury Inflation-Protected Securities ("TIPS"). In pursuit of this investment policy, the fund may invest a large percentage of its investable assets in securities held within the underlying index. The fund is not sponsored by or affiliated with Bloomberg. It may also hold non inflation-indexed securities, although these will normally not exceed 20% of the fund's total assets. The investments may be public or private securities.


PQTSX - Performance

Return Ranking - Trailing

Period PQTSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.0% -4.3% 23.3% 50.00%
1 Yr 9.3% -2.3% 23.2% 38.71%
3 Yr 5.3%* -0.2% 13.2% 34.13%
5 Yr N/A* -0.1% 10.5% N/A
10 Yr N/A* 0.8% 6.7% N/A

* Annualized

Return Ranking - Calendar

Period PQTSX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% -47.0% 16.7% 56.74%
2018 -4.7% -11.1% -0.5% 69.31%
2017 N/A -2.8% 6.6% N/A
2016 N/A 0.5% 7.7% N/A
2015 N/A -13.3% 0.6% N/A

Total Return Ranking - Trailing

Period PQTSX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.0% -4.3% 23.3% 50.00%
1 Yr 9.3% -2.3% 23.2% 34.56%
3 Yr 5.3%* -0.2% 13.2% 31.25%
5 Yr N/A* -0.1% 10.5% N/A
10 Yr N/A* 0.8% 6.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PQTSX Return Category Return Low Category Return High Rank in Category (%)
2019 5.5% 0.8% 16.7% 57.67%
2018 -4.7% -9.9% 0.6% 81.68%
2017 N/A -2.7% 9.6% N/A
2016 N/A 0.5% 10.4% N/A
2015 N/A -12.6% 0.6% N/A

NAV & Total Return History


PQTSX - Holdings

Concentration Analysis

PQTSX Category Low Category High PQTSX % Rank
Net Assets 52.4 M 327 K 37.7 B 96.31%
Number of Holdings 31 5 1084 86.18%
Net Assets in Top 10 40.6 M -26.3 M 24.3 B 88.94%
Weighting of Top 10 77.21% 16.6% 99.4% 30.88%

Top 10 Holdings

  1. United States Treasury Notes 0.88% 13.70%
  2. United States Treasury Notes 0.12% 13.46%
  3. United States Treasury Notes 0.25% 11.39%
  4. United States Treasury Notes 0.62% 8.69%
  5. United States Treasury Notes 0.38% 6.24%
  6. United States Treasury Notes 0.62% 6.08%
  7. United States Treasury Bonds 0.88% 4.76%
  8. United States Treasury Notes 0.5% 4.67%
  9. United States Treasury Notes 0.12% 4.15%
  10. United States Treasury Notes 0.12% 4.08%

Asset Allocation

Weighting Return Low Return High PQTSX % Rank
Bonds
99.66% 84.12% 145.15% 21.66%
Cash
0.34% -48.24% 39.21% 73.73%
Stocks
0.00% -18.45% 14.03% 61.29%
Preferred Stocks
0.00% 0.00% 0.19% 64.98%
Other
0.00% -12.41% 30.97% 65.44%
Convertible Bonds
0.00% 0.00% 4.86% 82.95%

Bond Sector Breakdown

Weighting Return Low Return High PQTSX % Rank
Government
99.66% 0.15% 100.00% 10.60%
Cash & Equivalents
0.34% 0.00% 38.02% 84.33%
Derivative
0.00% 0.00% 24.62% 82.03%
Securitized
0.00% 0.00% 58.11% 91.24%
Corporate
0.00% 0.00% 89.49% 87.56%
Municipal
0.00% 0.00% 2.83% 76.04%

Bond Geographic Breakdown

Weighting Return Low Return High PQTSX % Rank
US
99.66% 61.96% 150.42% 17.97%
Non US
0.00% -27.12% 30.93% 85.71%

PQTSX - Expenses

Operational Fees

PQTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.58% 0.01% 22.01% 58.94%
Management Fee 0.23% 0.00% 0.99% 24.42%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

PQTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 1.00% 4.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PQTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A 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.

PQTSX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 102.00% 0.00% 357.00% 87.56%

PQTSX - Distributions

Dividend Yield Analysis

PQTSX Category Low Category High PQTSX % Rank
Dividend Yield 0.00% 0.00% 3.33% 65.90%

Dividend Distribution Analysis

PQTSX Category Low Category High Category Mod
Dividend Distribution Frequency Monthly Annually Monthly Quarterly

Net Income Ratio Analysis

PQTSX Category Low Category High PQTSX % Rank
Net Income Ratio 0.12% -0.20% 3.82% 99.54%

Capital Gain Distribution Analysis

PQTSX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Daily Annually

Dividend Payout History

View More +

PQTSX - Fund Manager Analysis

Managers

Craig Dewling


Start Date

Tenure

Tenure Rank

Nov 15, 2016

3.88

3.9%

Craig Dewling is a Managing Director and Head of the Multi-Sector and Liquidity Team at PGIM Fixed Income. In this role, Mr. Dewling has portfolio management and trading oversight for US Treasuries and government agency securities, mortgage-backed securities, structured product securities, and interest rate derivative transactions for all strategies, products, and distribution channels. He is also a senior portfolio manager for US Government, mortgage-backed securities, insurance strategies, and multi-sector fixed income portfolios. He has specialized in mortgage-backed securities since 1991. Earlier, he was a taxable bond generalist for Prudential's proprietary accounts, specializing in US Treasuries and agencies. Mr. Dewling joined the Firm in 1987 in the Securities Systems Group. Mr. Dewling received a BS in Quantitative Business Analysis from The Pennsylvania State University and an MBA in Finance from Rutgers University.

Erik Schiller


Start Date

Tenure

Tenure Rank

Nov 15, 2016

3.88

3.9%

Erik Schiller, CFA, is a Managing Director and Head of Developed Market Interest Rates for PGIM Fixed Income's Multi-Sector and Liquidity Team, specializing in government securities, futures, interest rate swaps/derivatives, and agency debentures. Mr. Schiller holds a senior portfolio management role where he develops portfolio strategy, performs quantitative analysis, and designs and implements risk positions within the liquidity relative value strategy portfolios, multi-sector fixed income portfolios, liability-driven portfolios, and government securities focused mutual funds. He has held this role since 2006. Formerly, Mr. Schiller was a Vice President for PGIM Fixed Income's US Liquidity Sector Team, and previously a hedge fund analyst within the Portfolio Analysis Group. Mr. Schiller joined the Firm in 2000 as an operations associate in the mortgage-backed securities group. He received a BA with high honors in Economics from Hobart College and holds the Chartered Financial Analyst (CFA) designation.

Gary Wu


Start Date

Tenure

Tenure Rank

Nov 15, 2016

3.88

3.9%

Gary Wu, CFA, is a Principal and a US government portfolio manager for PGIM Fixed Income's Multi-Sector and Liquidity Team. He has been responsible for managing US Treasury products since joining the Team in 2000. Previously, Mr. Wu was a portfolio manager on PGIM Fixed Income’s Money Markets Desk. From 1997 to 1999, Mr. Wu was a risk analyst in PGIM Fixed Income’s quantitative research group. Mr. Wu joined the Firm in 1994 in the Guaranteed Products Unit, where he was responsible for annuity pricing. Mr. Wu received a BS in Business Administration and Mathematics from The State University of New York, at Albany. He holds the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 18.85 6.79 9.43