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Trending ETFs

PGIM TOTAL RETURN BOND FUND

mutual fund
PTRQX
Payout Change
Pending
Price as of:
$12.0 -0.04 -0.33%
primary theme
U.S. Intermediate-Term Bond Duration
PTRQX (Mutual Fund)

PGIM TOTAL RETURN BOND FUND

Payout Change
Pending
Price as of:
$12.0 -0.04 -0.33%
primary theme
U.S. Intermediate-Term Bond Duration
PTRQX (Mutual Fund)

PGIM TOTAL RETURN BOND FUND

Payout Change
Pending
Price as of:
$12.0 -0.04 -0.33%
primary theme
U.S. Intermediate-Term Bond Duration

Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.00

$43.6 B

4.64%

$0.56

0.40%

Vitals

YTD Return

4.4%

1 yr return

4.9%

3 Yr Avg Return

-1.6%

5 Yr Avg Return

0.4%

Net Assets

$43.6 B

Holdings in Top 10

10.5%

52 WEEK LOW AND HIGH

$12.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.40%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 46.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 12/12/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$12.00

$43.6 B

4.64%

$0.56

0.40%

PTRQX - Profile

Distributions

  • YTD Total Return 4.4%
  • 3 Yr Annualized Total Return -1.6%
  • 5 Yr Annualized Total Return 0.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.47%
DIVIDENDS
  • Dividend Yield 4.6%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    PGIM TOTAL RETURN BOND FUND
  • Fund Family Name
    Prudential
  • Inception Date
    Dec 28, 2010
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Robert Tipp

Fund Description

The Fund seeks to achieve its objective through a mix of current income and capital appreciation as determined by the Fund's subadviser. The Fund invests, under normal circumstances, at least 80% of its 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 (including bonds acquired by the Fund with a maturity at date of issue of greater than one year, but a remaining maturity of one year or less). The term “investable assets” refers to the Fund's net assets plus any borrowings for investment purposes. The Fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions.The Fund's subadviser allocates assets among different debt securities, including (but not limited to) U.S. Government securities, mortgage-related and asset-backed securities (including collateralized debt obligations and collateralized loan obligations), corporate debt securities and foreign debt securities. The Fund may invest up to 30% of its investable assets in speculative, high risk, below investment-grade securities. These securities are also known as high-yield debt securities or junk bonds. The Fund may invest up to 30% of its investable assets in foreign debt securities, including emerging market debt securities.In managing the Fund’s assets, the subadviser uses a combination of top-down economic analysis and bottom-up research in conjunction with proprietary quantitative models and risk management systems. In the top-down economic analysis, the subadviser develops views on economic, policy and market trends. In its bottom-up research, the subadviser develops an internal rating and outlook on issuers. The rating and outlook are determined based on a thorough review of the financial health and trends of the issuer as well as an assessment of the issuer’s corporate governance (e.g., ownership structures and board effectiveness). The subadviser may also consider investment factors such as expected total return, yield, spread and potential for price appreciation as well as credit quality, maturity and risk. The Fund may invest in a security based upon the expected total return rather than the yield of such security.The Fund may use derivatives to manage its duration, as well as to manage its foreign currency exposure, to hedge against losses, and to try to improve returns.
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PTRQX - Performance

Return Ranking - Trailing

Period PTRQX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -4.6% 11.7% 8.39%
1 Yr 4.9% -2.4% 15.0% 9.43%
3 Yr -1.6%* -10.0% 28.5% 24.07%
5 Yr 0.4%* -7.2% 58.8% 35.41%
10 Yr 2.3%* -2.8% 74.0% 11.26%

* Annualized

Return Ranking - Calendar

Period PTRQX Return Category Return Low Category Return High Rank in Category (%)
2023 2.7% -16.2% 8.1% 21.73%
2022 -19.0% -34.7% 131.9% 93.40%
2021 -4.1% -11.6% 4.4% 80.09%
2020 4.8% -9.9% 946.1% 37.17%
2019 3.5% -1.7% 16.9% 88.96%

Total Return Ranking - Trailing

Period PTRQX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.4% -4.6% 11.7% 8.39%
1 Yr 4.9% -2.4% 15.0% 9.43%
3 Yr -1.6%* -10.0% 28.5% 24.07%
5 Yr 0.4%* -7.2% 58.8% 35.41%
10 Yr 2.3%* -2.8% 74.0% 11.26%

* Annualized

Total Return Ranking - Calendar

Period PTRQX Return Category Return Low Category Return High Rank in Category (%)
2023 8.2% -11.3% 11.9% 3.22%
2022 -14.7% -32.2% 131.9% 80.32%
2021 -0.9% -9.4% 9.2% 45.49%
2020 8.4% -1.9% 1009.0% 48.45%
2019 11.2% 1.1% 21668.0% 5.16%

NAV & Total Return History


PTRQX - Holdings

Concentration Analysis

PTRQX Category Low Category High PTRQX % Rank
Net Assets 43.6 B 2.9 M 314 B 5.60%
Number of Holdings 3503 1 17880 11.11%
Net Assets in Top 10 4.92 B 1.62 M 35.1 B 8.31%
Weighting of Top 10 10.54% 4.7% 3984.6% 93.53%

Top 10 Holdings

  1. (PIPA070) PGIM Core Government Money Market Fund 3.98%
  2. United States Treasury Note/Bond 0.93%
  3. United States Treasury Note/Bond 0.92%
  4. Fannie Mae or Freddie Mac 0.86%
  5. Freddie Mac Pool 0.74%
  6. Fannie Mae Pool 0.74%
  7. PGIM Institutional Money Market Fund - D 0.65%
  8. Freddie Mac Pool 0.62%
  9. United States Treasury Note/Bond 0.56%
  10. Freddie Mac Pool 0.54%

Asset Allocation

Weighting Return Low Return High PTRQX % Rank
Bonds
95.63% 0.00% 9231.88% 44.77%
Cash
4.63% -54.51% 237.69% 34.06%
Other
3.04% -27.25% 1695.17% 58.77%
Convertible Bonds
1.28% 0.00% 7.93% 57.85%
Stocks
0.14% 0.00% 99.98% 17.62%
Preferred Stocks
0.02% 0.00% 72.34% 23.36%

Stock Sector Breakdown

Weighting Return Low Return High PTRQX % Rank
Utilities
0.00% 0.00% 100.00% 49.41%
Technology
0.00% 0.00% 43.45% 43.92%
Real Estate
0.00% 0.00% 99.26% 45.49%
Industrials
0.00% 0.00% 48.31% 56.08%
Healthcare
0.00% 0.00% 17.70% 48.24%
Financial Services
0.00% 0.00% 100.00% 51.76%
Energy
0.00% 0.00% 100.00% 38.43%
Communication Services
0.00% 0.00% 100.00% 2.35%
Consumer Defense
0.00% 0.00% 99.67% 45.49%
Consumer Cyclical
0.00% 0.00% 100.00% 52.16%
Basic Materials
0.00% 0.00% 100.00% 48.24%

Stock Geographic Breakdown

Weighting Return Low Return High PTRQX % Rank
US
0.14% 0.00% 99.98% 17.65%
Non US
0.00% 0.00% 88.46% 34.89%

Bond Sector Breakdown

Weighting Return Low Return High PTRQX % Rank
Securitized
34.96% 0.00% 98.40% 32.74%
Corporate
28.46% 0.00% 100.00% 56.80%
Government
10.38% 0.00% 86.23% 84.73%
Cash & Equivalents
4.63% 0.00% 237.69% 32.71%
Municipal
0.61% 0.00% 100.00% 39.85%
Derivative
0.60% -6.56% 44.82% 10.90%

Bond Geographic Breakdown

Weighting Return Low Return High PTRQX % Rank
US
83.57% 0.00% 9042.62% 84.84%
Non US
12.05% 0.00% 189.26% 1.45%

PTRQX - Expenses

Operational Fees

PTRQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.40% 0.01% 39.64% 82.97%
Management Fee 0.39% 0.00% 1.76% 56.98%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.50% N/A

Sales Fees

PTRQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

PTRQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PTRQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 46.00% 2.00% 493.39% 15.17%

PTRQX - Distributions

Dividend Yield Analysis

PTRQX Category Low Category High PTRQX % Rank
Dividend Yield 4.64% 0.00% 10.11% 7.56%

Dividend Distribution Analysis

PTRQX Category Low Category High Category Mod
Dividend Distribution Frequency None Monthly Monthly Monthly

Net Income Ratio Analysis

PTRQX Category Low Category High PTRQX % Rank
Net Income Ratio 2.47% -1.28% 4.79% 11.39%

Capital Gain Distribution Analysis

PTRQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

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PTRQX - Fund Manager Analysis

Managers

Robert Tipp


Start Date

Tenure

Tenure Rank

Oct 30, 2002

19.6

19.6%

Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.

Michael Collins


Start Date

Tenure

Tenure Rank

Nov 18, 2009

12.54

12.5%

Michael J. Collins, CFA, is a Managing Director and Senior Portfolio Manager for Core, Core Plus, Absolute Return, and other Multi-Sector Fixed Income strategies. Previously, Mr. Collins was a High Yield Portfolio Manager and Fixed Income Investment Strategist. Earlier he was a credit research analyst, covering investment grade and high yield corporate credits. Additionally, he developed proprietary quantitative international interest rate and currency valuation models for our global bond unit. Mr. Collins began his career at the Firm in 1986 as a software applications designer. He received a BS in Mathematics and Computer Science from the State University of New York at Binghamton and an MBA in Finance from New York University. Mr. Collins holds the Chartered Financial Analyst (CFA) designation and is a Fellow of the Life Management Institute (FLMI). Named Morningstar’s 2017 Fixed Income Manager of The Year for Prudential Total Return Bond Fund.

Richard Piccirillo


Start Date

Tenure

Tenure Rank

Dec 31, 2012

9.42

9.4%

Richard Piccirillo is a Principal and senior portfolio manager for PGIM Fixed Income’s Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. He is also a member of the Global Rates and Securitized Products Team focusing on CMBS. Mr. Piccirillo has specialized in mortgage-and asset- backed securities since joining Prudential Financial in 1993. Before joining Prudential Financial, Mr. Piccirillo was a fixed income analyst with Fischer Francis Trees & Watts. Mr. Piccirillo started his career as a financial analyst at Smith Barney. He received a BBA in Finance from George Washington University and an MBA in Finance and International Business from New York University.

Gregory Peters


Start Date

Tenure

Tenure Rank

Mar 05, 2014

8.24

8.2%

Gregory Peters is a Managing Director and Senior Investment Officer of PGIM Fixed Income. He is also senior portfolio manager for Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. Prior to joining PGIM Fixed Income, Mr. Peters was the Chief Global Cross Asset Strategist at Morgan Stanley and responsible for the firm's macro research and asset allocation strategy. In addition, he was Morgan Stanley's Global Director of Fixed Income & Economic Research and served on the Firm Risk, Investment, Asset Allocation, Global Credit, and Global Fixed Income Operating Committees. Earlier, Mr. Peters worked at Salomon Smith Barney and the Department of U.S. Treasury. Mr. Peters has been recognized by Institutional Investor magazine for his efforts in macro, fixed income, high yield and investment grade strategies. Mr. Peters was also recently recognized as Business Insider's Top Analysts and Top Analyst's to Watch by CEO World. Mr. Peters earned a BA in Finance from The College of New Jersey and an MBA from Fordham University. He is also a member of the Fixed Income Analyst Society and the Bond Market Association.

Lindsay Rosner


Start Date

Tenure

Tenure Rank

Sep 30, 2021

0.67

0.7%

Lindsay Rosner, CFA, is Vice President on the Multi-Sector Portfolio Management Team for PGIM Fixed Income. Her primary responsibilities are supporting our efforts in managing multi-sector portfolios across several mandates, including Core, Core Plus, and Core Conservative, both intermediate and long duration. Prior to joining the Firm in 2012, Ms. Rosner worked for Barclays Capital (and prior to that, Lehman Brothers) in New York City where she was a convertible bond trader, working with both hedge fund and traditional money management clients. Ms. Rosner is a graduate of Princeton University. She holds a BA from the Woodrow Wilson School of Public and International Affairs. Ms. Rosner holds the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 33.43 6.77 1.16