Performance
Trailing returns
| 1 day |
| -0.08% | |||
| 1 week |
| -0.03% | |||
| 4 week | +0.07% |
| |||
| 3 month | +0.59% |
| |||
| YTD | +0.77% |
| |||
| 1 year | +4.07% |
| |||
| 3 years* | +4.01% |
| |||
| 5 years* | +5.25% |
| |||
| *annualized | |||||
| Best 3 month return | +6.44% | |
| Worst 3 month return | -4.83% |
Morningstar statistics
Morningstar category: Short-Term Bond
| Return | Risk | Rating | |
| 3 years | Above Average | Above Average |
 
|
| 5 years | High | Above Average |
|
| 10 years | High | Above Average |
|
| Overall | High | Above Average |
|
Key statistics
| Total assets | 9.62B | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.53% | |
| Management fee | - | |
| Fund family | Prudential Investments |
Asset allocation
| Cash | 7.73% | |
| Stocks | 0.00% | |
| Bonds | 92.13% | |
| Preferred | 0.03% | |
| Other | 0.11% |
Purchase information
| Initial | US$0 | |
| Additional | US$0 |
11.53-0.02(-0.17%)
May 22, 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* | 2.78 | 2.03 | 1.81 | 0.70 | |
| Beta* | 0.23 | 0.34 | 0.60 | 0.62 | |
| Mean annual return | 0.31 | 0.33 | 0.44 | 0.37 | |
| R-squared* | 16.00 | 17.47 | 41.74 | 57.80 | |
| Standard deviation | 1.12 | 1.96 | 3.28 | 2.86 | |
| Sharpe ratio | 3.21 | 1.96 | 1.52 | 0.93 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| Us 02yr Note Jun13 | 21.70% | |
| Us 05yr Note Jun13 | 7.96% | |
| Citigroup 3.953% | 0.98% | |
| Jpmorgan Chase 5.125% | 0.51% | |
| Bk Of Amer Corporation 6% | 0.51% | |
| Goldman Sachs Grp 3.625% | 0.50% | |
| Jpmorgan Chase 3.15% | 0.47% | |
| Wachovia Bk Natl Assn 4.875% | 0.47% | |
| Ford Motor Credit Co 5% | 0.46% | |
| General Elec Cap Corp Mtn Be 1% | 0.46% |