Pgim Total Return Bond Fund Key Facts and Information

The Pgim Total Return Bond Fund is a solid choice for those looking to diversify their investment portfolio. It has a long history, with its inception dating back to 1987.

This fund aims to provide a high level of income and some capital growth over the long term, making it a great option for those seeking stable returns.

The fund's investment objective is to achieve a total return of 4-8% per annum, which is a relatively conservative goal.

It has a strong track record, with a 10-year average annual return of 4.5%.

Curious to learn more? Check out: Long Term Investing Strategy

The PGIM Total Return Bond Fund is an actively managed fund that seeks to achieve total return through a mix of current income and capital appreciation. It was launched in 2010 by PGIM Investments.

Here are the key details about the fund:

PGIM Total Return Bond R6 is an actively managed fund that aims to provide total return through a mix of current income and capital appreciation. It was launched by PGIM Investments in 2010.

The fund invests at least 80% of its assets in bonds, which include fixed income securities with a maturity of more than one year. It may also invest up to 30% in speculative, high-risk, below-investment-grade securities.

The fund's management team has an average tenure of 9.43 years, which is more important for actively managed funds than passive index funds. This suggests a stable and experienced team that can navigate market fluctuations.

There are five members on the management team, including Gregory Peters, Matthew Angelucci, Tyler Thorn, Robert Tipp, and Richard Piccirillo.

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The Assets Under Management of the PGIM Total Return Bond Fund is a notable aspect of its overall performance. With $21 billion in total assets, this fund significantly exceeds the $1 billion average for the Intermediate Core-Plus Bond category.

This large asset base is a double-edged sword. On one hand, it typically results in higher average expense ratios. On the other hand, having more assets under management can be beneficial in some investment categories.

The fund's assets have grown to the point where the manager, Robert Tipp, may face challenges in fully employing the desired active strategy.

Broaden your view: Total Assets minus Total Liabilities

The fund's performance over the past year is worth noting, with the PGIM Total Return Bond Fund CIT Class LP and Fidelity Sustainable Core Plus Bond ETF both boasting a 3.44% return.

The fund's inception date is December 28, 2010, making it a relatively established player in the market.

The fund's shares are outstanding, but the exact number is not provided.

The fund's share class is R6, and it's traded in US dollars.

The fund's manager is Robert Tipp, who has been with the fund since 2002.

Here's a comparison of the fund's performance with other similar funds:

The Performance of the PIM Total Return Bond Fund has been a standout feature over the years. With a Performance Current Year of 7.12%, the fund has consistently delivered strong returns.

The High 1 Year return has been impressive, reaching 10.84%. This is a testament to the fund's ability to navigate market fluctuations and capitalize on opportunities.

For another approach, see: Vanguard Bond Funds Performance

One of the key drivers of the fund's performance is its Alpha 1 Year of 0.79%. This means that the fund has outperformed the market by 0.79% over the past year.

Here's a summary of the fund's performance metrics:

The fund's Maximum Loss 1 Year of -2.85% is a reminder that even strong performers can experience downturns. However, the fund's ability to bounce back and deliver strong returns in subsequent periods is a testament to its resilience.

Overall, the PIM Total Return Bond Fund's performance has been impressive, with a Performance since Inception of 9.94%. This is a clear indication of the fund's ability to deliver long-term value to investors.

Broaden your view: Fidelity Index Funds Performance

The PGIM Total Return Bond fund has a dividend yield of 4.9% and distributes dividends on a monthly basis.

The fund has an expense ratio of 0.40%, which is below average compared to funds in the Intermediate Core-Plus Bond category.

The fund's expense ratio is made up of several components, including a management fee of 0.39%, a 12b-1 fee of N/A, an administrative fee of N/A, and a max redemption fee of N/A.

Here's a breakdown of the fund's fees:

The fund has a portfolio turnover rate of 310%, which is higher than the average portfolio turnover rate of 239% for the Intermediate Core-Plus Bond category.

The fund's high portfolio turnover rate can translate to higher expenses and lower after-tax returns.

Broaden your view: Average Return on Index Funds

The PGIM Total Return Bond Fund offers a strategy that focuses on generating income and preserving capital.

The fund invests in a diversified portfolio of high-quality bonds, with a focus on investment-grade securities.

This approach aims to provide a stable source of returns with lower volatility compared to other types of investments.

Asset Allocation is a crucial aspect of any investment strategy. It's essentially deciding how to divide your investments among different asset classes, such as bonds, stocks, and cash.

A bond-heavy allocation, like the one in the PGIM Total Return Bond R6 fund, can provide stability and regular income. In this fund, bonds make up a whopping 97.45% of the allocation.

The fund's bond allocation is quite diversified, with a mix of different types of bonds, including corporate, government, and securitized bonds. The breakdown of these bonds is as follows:

This allocation is designed to provide a balance of income and growth potential, while also managing risk.

When it comes to diversifying your investments, geographic breakdown is a crucial aspect to consider. Here are some key facts to keep in mind.

The US market dominates the bond geographic breakdown, making up 86.34% of the weighting.

Non-US markets, on the other hand, account for a relatively small portion, with a weighting of 11.10%.

Looking at the return on investment, the US market has shown significant growth, with a return high of 9042.62%.

Non-US markets have been more modest, with a return high of 189.26%.

Here's a breakdown of the geographic weighting and return on investment for US and Non-US markets:

Concentration Analysis is a crucial aspect of understanding an investment's risk profile.

The PTRQX fund has a relatively high number of holdings, with 3734 individual investments. This is more than most investors can effectively monitor and manage.

The fund's net assets are a significant $43.6 billion, which is a substantial amount of money.

Here is a breakdown of the PTRQX fund's concentration analysis:

It's worth noting that the PTRQX fund's top 10 holdings account for a significant 96.54% of the fund's weighting.

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The PGIM Total Return Bond Fund has received top grades from its performance. It has returned 4.7% year to date, beating the category average by 0.9 percentage points.

One of the key factors contributing to its success is its consistency over the long term. Over the past 10 years, the fund has returned 2.4% per year, earning it an A grade.

The fund's risk profile is also noteworthy. With a standard deviation of 8.1%, it's considered a moderate-risk investment. However, its total risk index of 0.54 is actually lower than the category average.

Here's a breakdown of the fund's grades over the past few years:

The fund's management team has also been recognized for its expertise. With an average tenure of 9.4 years, the team has a deep understanding of the bond market.

The PGIM Total Return Bond Fund is a great option for investors looking for a steady income stream. The fund's dividend yield is 4.86%, which is significantly higher than the category average.

Here's a quick snapshot of the fund's dividend and income performance:

The fund's net income ratio is 2.47%, which is a relatively stable figure. The forward dividend yield for the PGIM Total Return Bond Fund -Cl (PDBZX) as of February 18, 2025, is 4.75%.

The dividend payout for PDBZX is a significant aspect of its income potential. The last dividend paid out was 0.05 USD as of February 18, 2025.

PDBZX's forward dividend yield is a crucial metric to consider, coming in at 4.75% as of February 18, 2025. This indicates the expected return on investment from dividend payments alone.

Here's a breakdown of PDBZX's dividend yield in comparison to its category:

The average dividend growth rate for PDBZX over the past three years is a notable 11.45%. This suggests a consistent increase in dividend payments over time.

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The Net Income Ratio is a key metric to consider when evaluating a company's dividend and income potential. It's a measure of how much of a company's profit is available to distribute to shareholders.

PTRQX, a specific investment option, has a Net Income Ratio of 2.47%. This is a relatively strong ratio, indicating that the company is generating a significant amount of profit that can be distributed to shareholders.

To put this into perspective, the Category Low for Net Income Ratio is -1.28%, while the Category High is 4.79%. This means that PTRQX's Net Income Ratio is significantly higher than the average, placing it in the 11.25% percentile.

Here's a breakdown of the Net Income Ratio for PTRQX and its categories:

Overall, the Net Income Ratio is an important metric to consider when evaluating a company's dividend and income potential, and PTRQX's strong ratio is a positive indicator for investors.