PGIM Fixed Income
One of the largest and most experienced fixed-income managers in the industry, PGIM Fixed Income’s intensive credit research and risk-management approach to investing can be traced back 140 years.
Key Facts
Benefits of Scale
A global scale fixed income manager with the resources necessary to specialise across all fixed income sectors
Experience and Stability
A long history of managing fixed income portfolios dating back to 1875 with senior professionals averaging 29 years of investment experience
Broad Capabilities
Capabilities and expertise extend across a wide range of traditional and non-traditional fixed income sectors, broadening their opportunity set
Global Integration
Portfolio managers share research and insights on local markets with colleagues across the globe
Expertise in Credit Research
Maintains a large and highly experienced credit research organization
Significant Focus on Risk
Daily risk monitoring and reporting across portfolios conducted by a 78-member Quantitative Research and Risk Management Group
Our Funds
Absolute Return Bond Fund (PADAX)
Short Duration High Yield Income Fund (HYSAX)
Global Total Return Fund (GTRAX)
Short Duration Multi-Sector Bond Fund (SDMAX)
Government Income Fund (PGVAX)
Short-Term Corporate Bond Fund (PBSMX)
Emerging Mkts Debt Local Currency Fund (EMDAX)
Floating Rate Income Fund (FRFAX)
Total Return Bond Fund (PDBAX)
Securitized Credit Fund (SCFZX)
Core Conservative Bond Fund (PQCNX)
ESG Short Duration Multi Sector Bond Fund (PGIGX)
PGIM Emerging Markets Debt Hard Currency Fund (PDHVX)
Sources of data (unless otherwise noted) are as of 12/31/2023.
Consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus and the summary prospectus contain this and other information about the fund. Contact your financial professional for a prospectus and the summary prospectus. Read them carefully before investing.
An investment in the Fund is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it is possible to lose money by investing in the Fund. There is no guarantee the Fund will be able to maintain a stable $1.00 NAV per share or that the Fund’s objective will be achieved.
Investing involves risk. Some investments have more risk than others. The investment return and principal value will fluctuate and investor's shares when sold may be worth more or less than the original cost. Fixed income investments are subject to interest rate risk, and their value will decline as interest rates rise. Asset allocation and diversification do not assure a profit or protect against loss in declining markets. There is no guarantee a Fund's objectives will be achieved. The risks associated with each fund are explained more fully in each fund's respective prospectus. Consult with your attorney, accountant, and/or tax professional for advice concerning your particular situation.
Investment products are distributed by Prudential Investment Management Services LLC (PIMS), member FINRA and SIPC. PGIM investments is a registered investment adviser and investment manager to all PGIM US open-end investment companies. PGIM Fixed Income is a unit of PGIM, a registered investment adviser. PGIM Limited is also a subadviser on this fund. PGIM Limited is an indirect, wholly-owned subsidiary of PGIM, Inc. (“PGIM”), the principal asset management business of Prudential Financial, Inc. (“PFI”), a company incorporated and with its principal place of business in the United States. All are Prudential Financial affiliates.
Investment Products are not insured by the FDIC or any federal government agency, are not a deposit of or guaranteed by any bank or any bank affiliate, and may lose value.
©2024 Prudential Financial, Inc. and its related entities. PGIM, PGIM Investment, PGIM Fixed Income, PGIM Limited and the PGIM logo are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.
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