pgim total return bond z Fund Performance and Returns Analysis

The PGIM Total Return Bond Z fund has consistently delivered strong returns over the years, with a long-term average annual return of 4.2%.

Its impressive track record is due in part to its diversified portfolio, which invests in a mix of high-quality corporate and government bonds.

The fund's management team has a proven ability to navigate market fluctuations, resulting in a low volatility profile that has helped investors ride out market downturns.

Investors who have held onto the fund for the long haul have been rewarded with steady returns and a relatively low risk profile.

The PGIM Total Return Bond Fund, also known as the PGIM Total Return Bond Z, has a legal name of PGIM TOTAL RETURN BOND FUND.

This fund is part of the PGIM Funds (Prudential) family and has been around since January 14, 1997. The fund's shares are traded in US dollars, and it's domiciled in the United States.

The fund is managed by Robert Tipp, who oversees the investment decisions.

This fund was established in January 1995 and is managed by Prudential Investment Management.

The fund's primary goal is to achieve a total return through a combination of current income and capital appreciation.

It invests at least 80% of its assets in bonds, which include all fixed-income securities with a maturity of more than one year.

The fund's investment adviser allocates assets among different debt securities, such as U.S. government securities, mortgage-related securities, corporate debt securities, and foreign securities.

Up to 50% of the fund's assets may be invested in below investment-grade securities, also known as junk bonds.

The fund offers monthly dividends and annual capital gains distributions.

Operational fees are a crucial aspect of a fund's overall expenses. The PTRQX fund has an expense ratio of 0.40%, which is relatively low compared to the category average.

This fee is broken down into three main components: management fee, 12b-1 fee, and administrative fee. However, the 12b-1 fee is not applicable to this fund.

The management fee is 0.39% of the fund's assets under management (AUM), which is slightly higher than the minimum of 0.00% but lower than the maximum of 1.76%. This fee puts the fund at 57.13% in its category.

Here's a breakdown of the operational fees:

The pgim total return bond z has a strong performance history, with a 10-year track record that showcases its ability to generate consistent returns.

Its average annual return over the past decade is around 4.5%, which is impressive considering the bond market's volatility.

The fund's performance is particularly notable during periods of market stress, such as the 2020 pandemic, when it managed to maintain its value.

Its 1-year return of 3.5% is a testament to its stability and ability to adapt to changing market conditions.

The fund's expense ratio of 0.35% is relatively low, which means investors can keep more of their returns.

Its 5-year return of 4.2% is a significant improvement over the 3.5% return from the previous 5-year period, indicating a steady upward trend.

The PGIM Total Return Bond Fund Class Z has had its fair share of ups and downs over the years. In 2022, the fund saw a return of -14.7%, which was still better than the category's low of -32.2%. This was a stark contrast to the category's high of 131.9%, but the fund's performance was still respectable.

The fund's performance in recent years has been a mixed bag. In 2023, it returned 8.1%, outperforming the category's low of -12.6% but falling short of the category's high of 11.9%. The fund's 1-year return of 5.8% was also notable, ranking it 11.80% in the category.

Here's a summary of the fund's performance over different periods:

Over the past 10 years, the fund has had an annualized return of 2.2%, which was lower than the category's high of 73.8% but still respectable.

The PGIM Total Return Bond Fund Class Z had a return of 0.00% year-to-date (YTD).

Over the past year, the fund's return was 3.09%, which is a notable difference from its YTD performance.

The 10-year annualized return of the fund was 1.56%, while the S&P 500 had an annualized return of 11.51%.

This indicates that the fund did not perform as well as the benchmark over the long term.

The fund's 5-year return was -0.1% and its 3-year return was 0.1% annualized.

The category return high and low for the 10-year period were 73.8% and -3.2%, respectively.

Here is a summary of the fund's returns by period:

* Annualized

The Net Income Ratio is a crucial metric in evaluating a company's financial health. It measures the percentage of net income to total revenue.

PDBZX's Net Income Ratio stands at 2.37%, which is significantly higher than the Category Low of -1.28% and lower than the Category High of 4.79%. This puts PDBZX at a respectable 14.33% rank within its category.

The Net Income Ratio is a key indicator of a company's profitability, and a higher ratio generally indicates better financial health. In PDBZX's case, its Net Income Ratio suggests that it is generating a decent amount of net income from its revenue.

Here's a comparison of PDBZX's Net Income Ratio with its category peers:

The PGIM Total Return Bond Fund Class Z has a current volatility of 1.24%, which is the average percentage change in its value over the past month. This indicates a relatively stable investment.

In the past month, the fund's value has fluctuated by 1.24% on average, giving investors a sense of the potential risks involved. The fund's volatility is an essential metric to consider when evaluating its performance.

The Sharpe ratio of the PGIM Total Return Bond Fund Class Z is 0.48, calculated based on the past year of trading data. This value takes into account price changes and dividends.

The Sharpe ratio provides a risk-adjusted measure of the fund's returns, giving investors a better understanding of its historical performance.

The expense ratio is a crucial factor to consider when evaluating investment options. PDBZX features an expense ratio of 0.49%, falling within the medium range.

This means that a larger portion of your investment will go towards management fees, rather than growth.

Fees can add up over time, so it's essential to understand the impact they can have on your returns.

Risk-Adjusted Performance Rank is a crucial aspect of evaluating an investment's performance. It helps us understand how well an investment has done compared to its peers, while also taking into account the level of risk it has taken on.

To give you a better idea, let's look at the PDBZX Return for the 1 Yr period, which is 5.8%. This is significantly higher than the Category Return Low of -4.1%.

The PDBZX Return for the 5 Yr period is -0.1%, which is still lower than the Category Return Low of -7.8%. This shows that the investment has not been performing as well as its peers over the long-term.

Here's a breakdown of the Risk-Adjusted Performance Rank for the PDBZX Return in different periods:

As you can see, the PDBZX Return has been ranked quite high in the 1 Yr and 5 Yr periods, but lower in the 3 Yr and 10 Yr periods. This suggests that the investment has had some ups and downs over the years.

In the Calendar period of 2020, the PDBZX Return was 4.8%, which is higher than the Category Return Low of -9.9%. However, it's lower than the Category Return High of 946.1%, which is an extremely high return.

It's worth noting that the Risk-Adjusted Performance Rank can be influenced by various factors, including market conditions and the investment's underlying assets.

The Volatility Chart is a crucial tool for investors to gauge the level of risk associated with a particular investment. The current PGIM Total Return Bond Fund Class Z has a volatility of 1.24%, which represents the average percentage change in the investment's value over the past month.

This level of volatility may not seem alarming, but it's essential to understand that it's a measure of the fund's price fluctuations, either up or down. The chart shows the rolling one-month volatility, giving you a clear picture of the fund's performance over time.

To put this into perspective, a volatility of 1.24% means that the fund's value has changed by this amount, on average, over the past month. This can be a useful benchmark for investors to compare with other investments and make informed decisions.

The chart also provides a visual representation of the fund's volatility, making it easier to understand and analyze the data. By studying the chart, you can get a sense of how the fund's value has changed over time and make predictions about future performance.

The dividend yield of PGIM Total Return Bond Fund Class Z is 4.00% over the last twelve months, with an annual payout of $0.47 per share.

The fund has a consistent dividend payout, with the same annual payout of $0.47 per share in 2024 as in 2023.

In 2024, the monthly dividend distributions were $0.05 per share from January to September, and $0.00 per share in October and December, totaling $0.47 per share for the year.

Here's a breakdown of the monthly dividend distributions for PGIM Total Return Bond Fund Class Z in 2024:

The dividend payout has varied over the years, with a high of $0.60 per share in 2022 and a low of $0.43 per share in 2021.

The Portfolio Breakdown of PGIM Total Return Bond Z reveals a diversified investment strategy. This fund invests in a mix of high-quality, investment-grade bonds from around the world.

The fund's portfolio is comprised of over 1,000 individual bonds, with a focus on government and corporate bonds. These bonds are issued by companies and governments with strong credit ratings.

The majority of the fund's holdings are in the United States, with a significant portion also invested in Europe and Asia. This geographic diversification helps to reduce risk and increase potential returns.

In a typical portfolio, the bond sector can account for a significant portion of the overall assets. The bond sector breakdown reveals that Securitized bonds make up 34.96% of the portfolio.

Securitized bonds have a return range of 0.00% to 98.40%. They rank 32.95% in the PTRQX % Rank.

Corporate bonds are another significant component, accounting for 28.46% of the portfolio. They have a return range of 0.00% to 100.00% and rank 57.05% in the PTRQX % Rank.

Government bonds make up 10.38% of the portfolio, with a return range of 0.00% to 86.23%. They rank 84.63% in the PTRQX % Rank.

Cash & Equivalents account for 1.92% of the portfolio, with a return range of 0.00% to 1229.94%. They rank 56.22% in the PTRQX % Rank.

Municipal bonds are a smaller component, making up 0.61% of the portfolio. They have a return range of 0.00% to 100.00% and rank 40.11% in the PTRQX % Rank.

Derivative bonds, on the other hand, have a negative weighting of -0.39%, with a return range of -6.56% to 43.84%. They rank 90.18% in the PTRQX % Rank.

Here's a breakdown of the bond sector weights and PTRQX % Ranks:

Let's take a closer look at the bond geographic breakdown of our portfolio. A whopping 86.34% of our bond investments are in the US, with the remaining 11.10% spread across non-US regions.

The US bond investments have seen a wide range of returns, from 0.00% at the low end to a staggering 9042.62% at the high end.

The non-US bond investments, on the other hand, have been more modest, with returns ranging from 0.00% to 189.26%.

Here's a breakdown of the bond geographic distribution in a handy table:

This geographic breakdown gives us a clear picture of where our bond investments are concentrated, and the potential returns we can expect from each region.

In the concentration analysis, we can see that PDBZX has a significant focus on a small number of holdings. With 3734 holdings, PDBZX has a relatively large portfolio, but its weighting of top 10 holdings is substantial.

The net assets in the top 10 holdings account for 3.88 billion dollars, which is a notable portion of the overall net assets of 43.6 billion dollars.

PDBZX's concentration in the top 10 holdings is evident in the weighting of these holdings, which account for 7.89% of the total portfolio.

To put this into perspective, Category High has a weighting of top 10 holdings that is 3984.6% of the total portfolio, indicating a much more concentrated focus.

Here is a comparison of the number of holdings and net assets in the top 10 holdings across different categories: