PGIM Total Return Bond R6

Frequently Asked Questions About PTRQX

What does PTRQX invest in?

The fund will seek to achieve its objective through a mix of current income and capital appreciation as determined by the fund's subadviser. It invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. For purposes of this policy, bonds include all fixed income securities, other than preferred stock, with a maturity at date of issue of greater than one year. The fund may invest up to 30% of its investable assets in speculative, high risk, below investment-grade securities. It may invest up to 30% of its investable assets in foreign debt securities, including emerging market debt securities.

What is the expense ratio of PTRQX?

PGIM Total Return Bond R6 (PTRQX) charges an expense ratio of 0.39%. This is the annual fee deducted from fund assets to cover management and operations.

What is PTRQX's dividend yield?

PTRQX's trailing-twelve-month yield is 4.90%, calculated from the sum of dividends over the past year divided by the current price.

What is the duration of PTRQX?

Effective duration measures PTRQX's sensitivity to interest-rate changes: a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PTRQX's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of PTRQX?

PTRQX'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 PTRQX?

Yield to maturity (YTM) is the total return you'd earn from PTRQX if every bond in the portfolio is held to maturity at the current price. PTRQX'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.