- What does PUCZX invest in?
- 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.
- What is the expense ratio of PUCZX?
- PGIM Strategic Bond Fund Class Z (PUCZX) charges an expense ratio of 0.62%. This is the annual fee deducted from fund assets to cover management and operations.
- What is PUCZX's dividend yield?
- PUCZX's trailing-twelve-month yield is 5.24%, calculated from the sum of dividends over the past year divided by the current price.
- What is the duration of PUCZX?
- Effective duration measures PUCZX's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. PUCZX's current duration is published on the fund's factsheet on the issuer's website.
- What is the credit quality of PUCZX?
- PUCZX'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 PUCZX?
- Yield to maturity (YTM) is the total return you'd earn from PUCZX if every bond in the portfolio is held to maturity at the current price. PUCZX'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.
