Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week | +0.13% |
| |||
| 4 week |
| -0.70% | |||
| 3 month |
| -0.51% | |||
| YTD |
| -0.24% | |||
| 1 year | +2.11% |
| |||
| 3 years* | +2.79% |
| |||
| 5 years* | +4.46% |
| |||
| *annualized | |||||
| Best 3 month return | +6.38% | |
| Worst 3 month return | -5.11% |
Morningstar statistics
Morningstar category: Short-Term Bond
| Return | Risk | Rating | |
| 3 years | Average | Above Average |
 
|
| 5 years | Above Average | Above Average |
|
| 10 years | Above Average | Above Average |
|
| Overall | Above Average | Above Average |
|
Key statistics
| Total assets | 9.69B | |
| Front load | - | |
| Deferred load | 1.00% | |
| Expense ratio | 1.53% | |
| Management fee | - | |
| Fund family | Prudential Investments |
Asset allocation
| Cash | 7.46% | |
| Stocks | 0.00% | |
| Bonds | 92.40% | |
| Preferred | 0.03% | |
| Other | 0.11% |
Purchase information
| Initial | US$2,500 | |
| Additional | US$100 | |
| IRA Initial | US$1,000 | |
| AIP Initial | US$50 | |
| AIP Additional | US$50 |
11.420.00(0.00%)
Jun 18, 4:00PM EDT
Overall Morningstar RatingTM
Description
The investment seeks high current income consistent with the preservation of principal. The fund invests at least 80% of its investable assets in bonds of corporations with varying maturities. The effective duration of the fund's portfolio will generally be less than three years. It may invest in mortgage-related securities and asset-backed securities. Up to 35% of the fund's investable assets may be invested in dollar-denominated obligations issued in the U.S. by foreign corporations and governments. The fund may invest up to 20% of the fund's investable assets in below investment-grade debt obligations.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
Malcolm Dalrymple (Started: Dec 30, 1999)
David Del Vecchio (Started: Dec 31, 2012)
Steven Kellner (Started: Aug 11, 1999)
Malcolm Dalrymple (Started: Dec 30, 1999)
David Del Vecchio (Started: Dec 31, 2012)
Steven Kellner (Started: Aug 11, 1999)
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | 1.93 | 1.14 | 1.08 | -0.05 | |
| Beta* | 0.44 | 0.37 | 0.59 | 0.61 | |
| Mean annual return | 0.20 | 0.24 | 0.36 | 0.29 | |
| R-squared* | 76.35 | 25.80 | 41.12 | 56.74 | |
| Standard deviation | 1.38 | 1.98 | 3.31 | 2.87 | |
| Sharpe ratio | 1.67 | 1.40 | 1.24 | 0.59 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us 02yr Note Jun13 | 16.70% | |
| Us 05yr Note Jun13 | 6.67% | |
| Citigroup 3.953% | 1.00% | |
| Jpmorgan Chase 6.3% | 0.59% | |
| Goldman Sachs Grp 3.625% | 0.52% | |
| Bk Of Amer Corporation 6% | 0.52% | |
| Jpmorgan Chase 3.15% | 0.49% | |
| Ford Motor Credit Co 5% | 0.48% | |
| Wachovia Bk Natl Assn 4.875% | 0.48% | |
| General Elec Cap Corp Mtn Be 1% | 0.47% |