FRFAX : PGIM Floating Rate Income Fund- Class A

FRFAX is a Bond Market High Yield Bond with HIGH fees.

FRFAX

PGIM Floating Rate Income Fund- Class A

FI Score

30 /100

Expense Ratio Rating

5 /10

Expense Rating

0 /10

Market Score

5 /10

Category Score

0 /10

Market Size

5 /10

30% FI Score
  • frfax
  • Mutual Fund
  • Bond
  • High Yield Bond

PGIM Floating Rate Income Fund- Class A

Expenses: 0.97% (Better than 0% of similar funds)

This is a bad choice for a High Yield Bond Bond fund. See why ยป

Fund Summary

The investment seeks to maximize current income; capital appreciation is a secondary consideration. The fund will invest at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 20% of its total assets in senior loans that are not secured by any specific collateral. The fund may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.

Largest Holdings

Amount Holding
2.79% Trimaran Cavu 2019-1 Ltd / LLC 3.34%
1.87% Ggp Nimbus Lp Term Loan B
1.48% ANCHORAGE CREDIT OPPORTUNITIES CLO 1 3.69%
1.39% ATLAS SENIOR LOAN FUND XV LTD 4.17%
1.22% Boxer Parent Co Inc Term Loan B
1.19% Cushman & Wakefield Us Term Loan B
1.14% OCTAGON INVESTMENT PARTNERS 45 LTD 2.55%
1.12% Embarq Corporation 8%
1.10% Vfh Parent Llc / Orch Co-Issue 4.01%
1.09% Trinitas Clo IV. Llc 3.09%
1.05% Navistar Inc Term Loan B
1.04% HAYFIN KINGSLAND IX, LTD 2.69%
0.97% Mcafee Llc Term Loan B
0.93% Playtika Holding Corp Term Loan B
0.89% Univision Communications Term Loan C5
0.88% Centurylink 0%
0.87% Avolon Tlb Borrower 1 Us Term Loan B4
0.86% Bain Capital Credit Clo 2017-2 2%
0.85% MidOcean Credit CLO VIII 2.84%
0.84% Trinitas Clo X Ltd 3.32%
0.82% Citgo Holding Inc Term Loan B
0.81% ZAIS CLO 3 LTD/LLC 3.41%
0.78% Daseke Cos Inc Term Loan
0.77% Csc Holdings Llc Term Loan B
0.76% Verifone Systems Inc Term Loan

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