PGIM Total Return Bond Fund Class Z (PDBZX)
PGIM Total Return Bond Fund Class Z operates in the Asset Management - Bonds industry of the Financial Services sector, headquartered in Newark, NJ, US. The stock last traded at $11.83, up 0.00% on the session, giving a market capitalisation of $27.33B. Its beta of 0.99 implies it has historically moved less than the broad market.
This fund aims to deliver both consistent income and long-term capital growth, guided by its subadviser's strategy. Typically, it allocates a minimum of 80% of its investable capital to bonds. For the purpose of this policy, "bonds" encompass all fixed-income instruments, excluding preferred stock, that had an initial maturity exceeding one year. Up to 30% of its investable assets may be directed towards speculative, higher-risk fixed-income securities rated below investment grade. Additionally, the fund has the flexibility to invest up to 30% of its assets in international debt instruments, which can include those from emerging markets.
PGIM Total Return Bond Fund Class Z is most often compared with the following Financial Services names: