- What does PDBZX invest in?
- 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.
- What is the expense ratio of PDBZX?
- PGIM Total Return Bond Fund Class Z (PDBZX) charges an expense ratio of 0.49%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PDBZX's dividend yield?
- PDBZX's trailing-twelve-month yield is 4.63%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PDBZX?
- Effective duration measures PDBZX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PDBZX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PDBZX?
- PDBZX's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.
- What is the yield to maturity of PDBZX?
- Yield to maturity (YTM) is the total return you'd earn from PDBZX if every bond in the portfolio is held to maturity at the current price. PDBZX's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.
