PGIM Strategic Bond Fund Class Z (PUCZX)
PGIM Strategic 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 $8.41, up 0.00% on the session, giving a market capitalisation of $1.37B. Its beta of 0.79 implies it has historically moved less than the broad market.
Under typical market conditions, the fund allocates a minimum of 80% of its investable assets to debt instruments featuring a variety of repayment dates. These fixed income holdings may include a broad spectrum of assets such as corporate bonds, debentures, promissory notes, commercial paper, and other comparable debt obligations. The portfolio can also incorporate mortgage-backed securities, asset-backed securities, government-issued municipal bonds, syndicated loan assignments and participations, short-term money market instruments, and various derivatives linked to or referencing these security types.
PGIM Strategic Bond Fund Class Z is most often compared with the following Financial Services names: