PADZX : PGIM Absolute Return Bond Fund- Class Z

PADZX is a Bond Market High Yield Bond with MODERATE fees.

PADZX

PGIM Absolute Return Bond Fund- Class Z

FI Score

53 /100

Expense Ratio Rating

7 /10

Expense Rating

3 /10

Market Score

8 /10

Category Score

0 /10

Market Size

8 /10

53% FI Score
  • padzx
  • Mutual Fund
  • Bond
  • High Yield Bond

PGIM Absolute Return Bond Fund- Class Z

Expenses: 0.73% (Better than 1% of similar funds)

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

Fund Summary

The investment seeks positive returns over the long term, regardless of market conditions. The fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in debt securities (generally referred to as "bonds") and/or investments that provide exposure to bonds. It may invest up to 50% of its total assets in debt securities that are rated below investment grade (which are sometimes referred to as "junk bonds") or, if unrated, of comparable quality at the time of purchase as determined by the fund's subadviser.

Largest Holdings

Amount Holding
1.60% J.P. Morgan Chase Commercial Mortgage Securities Trust 4.77%
1.60% Bvrt_19-1f
1.59% Ultra US Treasury Bond Future June 20
1.33% Mountain View Clo Ix Limited 3%
1.28% Ellington Clo Ii Llc 3.39%
1.18% Strata Clo I Ltd / Strata Clo I FRN 2.81%
1.12% CENTRAL PARK FUNDING TRUST 3.08%
1.08% Kvk Clo Ltd 3.34%
1.02% MidOcean Credit CLO III/MidOcean Credit CLO III LLC 2.91%
0.98% New Residential Mortgage Loan Trust 3.5%
0.97% ANCHORAGE CREDIT OPPORTUNITIES CLO 1 3.69%
0.93% Sound Point CLO XII LTD/LLC 2.43%
0.90% Csmc 2019-Ice4 3.46%
0.89% Italy (Republic Of) 6.88%
0.84% Dbwf Mtg Tr 2016-85t 3.94%
0.83% BX COMMERCIAL MORTGAGE TRUST 3.46%
0.79% Trinitas CLO Ltd. 2.62%
0.76% Salus (European Loan Conduit No.33) DAC 2.12%
0.76% Csmc Trust 2017-Ls 3.44%
0.76% ZAIS CLO 3 LTD/LLC 3.41%
0.75% Palmer Square CLO 2018-2 Ltd 2.28%
0.75% Dbgs 2018-Biod Mortgage Trust 2.81%
0.74% Ultra 10 Year US Treasury Note Future June 20
0.74% SHACKLETON 2014-V-R CLO LTD / LLC 3.44%

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