PGIM CORE BOND FUND
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-2.5%
1 yr return
-0.7%
3 Yr Avg Return
-4.1%
5 Yr Avg Return
-0.5%
Net Assets
$1.7 B
Holdings in Top 10
11.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 39.10%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 117.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/23/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TPCRX - Profile
Distributions
- YTD Total Return -2.5%
- 3 Yr Annualized Total Return -4.1%
- 5 Yr Annualized Total Return -0.5%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 1.13%
- Dividend Yield 4.0%
- Dividend Distribution Frequency Monthly
Fund Details
-
Legal NamePGIM CORE BOND FUND
-
Fund Family NamePRUDENTIAL
-
Inception DateFeb 17, 2015
-
Shares OutstandingN/A
-
Share ClassR
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerGregory Peters
Fund Description
TPCRX - Performance
Return Ranking - Trailing
Period | TPCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -12.1% | 2.8% | 46.37% |
1 Yr | -0.7% | -10.5% | 10.4% | 67.47% |
3 Yr | -4.1%* | -11.0% | 24.7% | 73.08% |
5 Yr | -0.5%* | -7.0% | 190.5% | 82.25% |
10 Yr | N/A* | -2.6% | 73.3% | 97.36% |
* Annualized
Return Ranking - Calendar
Period | TPCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.2% | -16.2% | 8.1% | 43.56% |
2022 | -16.6% | -34.7% | 131.9% | 69.18% |
2021 | -3.7% | -11.6% | 4.4% | 65.28% |
2020 | 5.0% | -10.1% | 946.1% | 30.95% |
2019 | 5.9% | -1.7% | 16.9% | 38.00% |
Total Return Ranking - Trailing
Period | TPCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -2.5% | -12.1% | 2.8% | 46.37% |
1 Yr | -0.7% | -10.5% | 10.4% | 67.47% |
3 Yr | -4.1%* | -11.0% | 24.7% | 73.08% |
5 Yr | -0.5%* | -7.0% | 190.5% | 82.25% |
10 Yr | N/A* | -2.6% | 73.3% | 96.43% |
* Annualized
Total Return Ranking - Calendar
Period | TPCRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 6.2% | -11.3% | 11.0% | 41.56% |
2022 | -14.7% | -32.2% | 131.9% | 80.71% |
2021 | -2.1% | -9.4% | 9.2% | 89.56% |
2020 | 7.9% | -1.9% | 1009.0% | 59.14% |
2019 | 8.8% | 1.1% | 21668.0% | 50.98% |
NAV & Total Return History
TPCRX - Holdings
Concentration Analysis
TPCRX | Category Low | Category High | TPCRX % Rank | |
---|---|---|---|---|
Net Assets | 1.7 B | 2.9 M | 314 B | 45.96% |
Number of Holdings | 1239 | 1 | 17889 | 32.45% |
Net Assets in Top 10 | 195 M | -106 M | 36.5 B | 58.97% |
Weighting of Top 10 | 11.46% | 4.4% | 134.1% | 90.67% |
Top 10 Holdings
- (PIPA070) PGIM Core Government Money Market Fund 3.67%
- United States Treasury Note/Bond 1.38%
- Fannie Mae Pool 1.14%
- United States Treasury Strip Coupon 0.94%
- United States Treasury Note/Bond 0.84%
- Fannie Mae or Freddie Mac 0.77%
- PGIM Institutional Money Market Fund - D 0.70%
- Barings Clo Ltd 2023-I 0.69%
- Madison Park Funding XVIII Ltd 0.66%
- Clover CLO 2019-2 Ltd 0.65%
Asset Allocation
Weighting | Return Low | Return High | TPCRX % Rank | |
---|---|---|---|---|
Bonds | 93.97% | 0.00% | 215.98% | 54.53% |
Other | 6.62% | -13.23% | 50.66% | 34.32% |
Cash | 4.37% | -54.51% | 79.52% | 35.70% |
Convertible Bonds | 1.03% | 0.00% | 7.93% | 66.34% |
Stocks | 0.00% | 0.00% | 99.93% | 93.60% |
Preferred Stocks | 0.00% | 0.00% | 74.68% | 93.79% |
Bond Sector Breakdown
Weighting | Return Low | Return High | TPCRX % Rank | |
---|---|---|---|---|
Securitized | 57.58% | 0.00% | 98.40% | 8.24% |
Corporate | 30.85% | 0.00% | 100.00% | 48.16% |
Government | 9.54% | 0.00% | 86.23% | 86.79% |
Cash & Equivalents | 4.37% | 0.00% | 76.23% | 33.53% |
Municipal | 0.48% | 0.00% | 100.00% | 47.86% |
Derivative | -0.04% | -3.37% | 50.66% | 88.76% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | TPCRX % Rank | |
---|---|---|---|---|
US | 93.97% | 0.00% | 215.98% | 48.32% |
Non US | 0.00% | 0.00% | 39.04% | 95.07% |
TPCRX - Expenses
Operational Fees
TPCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 39.10% | 0.01% | 39.10% | 0.10% |
Management Fee | 0.32% | 0.00% | 1.76% | 38.94% |
12b-1 Fee | 0.75% | 0.00% | 1.00% | 82.27% |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
TPCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
TPCRX 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.
TPCRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 117.00% | 2.00% | 493.39% | 47.74% |
TPCRX - Distributions
Dividend Yield Analysis
TPCRX | Category Low | Category High | TPCRX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.98% | 0.00% | 10.22% | 50.59% |
Dividend Distribution Analysis
TPCRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Monthly | Quarterly | Monthly | Monthly |
Net Income Ratio Analysis
TPCRX | Category Low | Category High | TPCRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.13% | -1.28% | 4.79% | 84.23% |
Capital Gain Distribution Analysis
TPCRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 28, 2024 | $0.028 | OrdinaryDividend |
Feb 29, 2024 | $0.028 | DailyAccrualFund |
Jan 31, 2024 | $0.027 | DailyAccrualFund |
Dec 29, 2023 | $0.027 | DailyAccrualFund |
Dec 21, 2023 | $0.015 | DailyAccrualFund |
Nov 30, 2023 | $0.025 | DailyAccrualFund |
Oct 31, 2023 | $0.026 | DailyAccrualFund |
Sep 29, 2023 | $0.026 | DailyAccrualFund |
Aug 31, 2023 | $0.025 | DailyAccrualFund |
Jul 31, 2023 | $0.025 | DailyAccrualFund |
Jun 30, 2023 | $0.025 | DailyAccrualFund |
May 31, 2023 | $0.025 | DailyAccrualFund |
Apr 28, 2023 | $0.024 | DailyAccrualFund |
Mar 31, 2023 | $0.023 | DailyAccrualFund |
Feb 28, 2023 | $0.022 | DailyAccrualFund |
Jan 31, 2023 | $0.025 | DailyAccrualFund |
Dec 30, 2022 | $0.022 | DailyAccrualFund |
Nov 30, 2022 | $0.020 | DailyAccrualFund |
Oct 31, 2022 | $0.019 | DailyAccrualFund |
Sep 30, 2022 | $0.018 | DailyAccrualFund |
Aug 31, 2022 | $0.018 | DailyAccrualFund |
Jul 29, 2022 | $0.016 | DailyAccrualFund |
Jun 30, 2022 | $0.015 | DailyAccrualFund |
May 31, 2022 | $0.015 | DailyAccrualFund |
Apr 29, 2022 | $0.013 | DailyAccrualFund |
Mar 31, 2022 | $0.013 | DailyAccrualFund |
Feb 28, 2022 | $0.013 | DailyAccrualFund |
Jan 31, 2022 | $0.013 | DailyAccrualFund |
Dec 31, 2021 | $0.012 | DailyAccrualFund |
Nov 30, 2021 | $0.013 | DailyAccrualFund |
Oct 29, 2021 | $0.013 | DailyAccrualFund |
Sep 30, 2021 | $0.012 | DailyAccrualFund |
Aug 31, 2021 | $0.013 | DailyAccrualFund |
Jul 30, 2021 | $0.013 | DailyAccrualFund |
Jun 30, 2021 | $0.013 | DailyAccrualFund |
May 28, 2021 | $0.014 | DailyAccrualFund |
Apr 30, 2021 | $0.015 | DailyAccrualFund |
Mar 31, 2021 | $0.014 | DailyAccrualFund |
Feb 26, 2021 | $0.013 | DailyAccrualFund |
Jan 29, 2021 | $0.014 | DailyAccrualFund |
Dec 31, 2020 | $0.014 | DailyAccrualFund |
Nov 30, 2020 | $0.014 | DailyAccrualFund |
Oct 30, 2020 | $0.015 | DailyAccrualFund |
Sep 30, 2020 | $0.015 | DailyAccrualFund |
Aug 31, 2020 | $0.016 | DailyAccrualFund |
Jul 31, 2020 | $0.017 | DailyAccrualFund |
Jun 30, 2020 | $0.017 | DailyAccrualFund |
May 29, 2020 | $0.018 | DailyAccrualFund |
Apr 30, 2020 | $0.018 | DailyAccrualFund |
Mar 31, 2020 | $0.019 | DailyAccrualFund |
Feb 28, 2020 | $0.018 | DailyAccrualFund |
Jan 31, 2020 | $0.019 | DailyAccrualFund |
Dec 31, 2019 | $0.019 | DailyAccrualFund |
Dec 23, 2019 | $0.001 | ExtraDividend |
Nov 29, 2019 | $0.020 | DailyAccrualFund |
Oct 31, 2019 | $0.020 | DailyAccrualFund |
Sep 30, 2019 | $0.018 | DailyAccrualFund |
Aug 30, 2019 | $0.022 | DailyAccrualFund |
Jul 31, 2019 | $0.021 | DailyAccrualFund |
Jun 28, 2019 | $0.020 | OrdinaryDividend |
May 31, 2019 | $0.023 | DailyAccrualFund |
Apr 30, 2019 | $0.022 | DailyAccrualFund |
Mar 29, 2019 | $0.027 | OrdinaryDividend |
Feb 28, 2019 | $0.026 | OrdinaryDividend |
Jan 31, 2019 | $0.023 | OrdinaryDividend |
Dec 31, 2018 | $0.022 | OrdinaryDividend |
Nov 30, 2018 | $0.023 | OrdinaryDividend |
Oct 31, 2018 | $0.022 | OrdinaryDividend |
Aug 31, 2018 | $0.028 | OrdinaryDividend |
Jul 31, 2018 | $0.024 | OrdinaryDividend |
Jun 29, 2018 | $0.025 | OrdinaryDividend |
May 31, 2018 | $0.020 | OrdinaryDividend |
Apr 30, 2018 | $0.019 | OrdinaryDividend |
Mar 29, 2018 | $0.020 | OrdinaryDividend |
Feb 28, 2018 | $0.018 | OrdinaryDividend |
Jan 31, 2018 | $0.018 | OrdinaryDividend |
Dec 29, 2017 | $0.018 | OrdinaryDividend |
Nov 30, 2017 | $0.017 | OrdinaryDividend |
Oct 31, 2017 | $0.018 | OrdinaryDividend |
Sep 29, 2017 | $0.018 | OrdinaryDividend |
Aug 31, 2017 | $0.017 | OrdinaryDividend |
Jul 31, 2017 | $0.016 | OrdinaryDividend |
Jun 30, 2017 | $0.017 | OrdinaryDividend |
May 31, 2017 | $0.018 | OrdinaryDividend |
Apr 28, 2017 | $0.015 | OrdinaryDividend |
Mar 31, 2017 | $0.017 | OrdinaryDividend |
Feb 28, 2017 | $0.015 | OrdinaryDividend |
Jan 31, 2017 | $0.015 | OrdinaryDividend |
Dec 30, 2016 | $0.016 | OrdinaryDividend |
Nov 30, 2016 | $0.015 | OrdinaryDividend |
Oct 31, 2016 | $0.013 | OrdinaryDividend |
Sep 30, 2016 | $0.015 | OrdinaryDividend |
Aug 31, 2016 | $0.015 | OrdinaryDividend |
Jul 29, 2016 | $0.017 | OrdinaryDividend |
Jun 30, 2016 | $0.017 | OrdinaryDividend |
May 31, 2016 | $0.017 | OrdinaryDividend |
Apr 29, 2016 | $0.019 | OrdinaryDividend |
Mar 31, 2016 | $0.019 | OrdinaryDividend |
Feb 29, 2016 | $0.018 | OrdinaryDividend |
Jan 29, 2016 | $0.019 | OrdinaryDividend |
Dec 31, 2015 | $0.018 | OrdinaryDividend |
Nov 30, 2015 | $0.017 | OrdinaryDividend |
Oct 30, 2015 | $0.018 | OrdinaryDividend |
Sep 30, 2015 | $0.020 | OrdinaryDividend |
Aug 31, 2015 | $0.016 | OrdinaryDividend |
Jul 31, 2015 | $0.020 | OrdinaryDividend |
Jun 30, 2015 | $0.019 | OrdinaryDividend |
May 29, 2015 | $0.018 | OrdinaryDividend |
Apr 30, 2015 | $0.016 | OrdinaryDividend |
Mar 31, 2015 | $0.015 | OrdinaryDividend |
TPCRX - Fund Manager Analysis
Managers
Gregory Peters
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
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.
Richard Piccirillo
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
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.
Michael Collins
Start Date
Tenure
Tenure Rank
Jan 01, 2015
7.42
7.4%
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.
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 |
---|---|---|---|
0.07 | 33.43 | 6.81 | 1.16 |