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Morningstar

PGIM Short-Term Corporate Bond R6 PSTQX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 10.24  /  0.17 %
  • Total Assets 9.6 Bil
  • Adj. Expense Ratio
    0.380%
  • Expense Ratio 0.380%
  • Distribution Fee Level Average
  • Share Class Type Retirement, Large
  • Category Short-Term Bond
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.12%
  • Effective Duration 2.67 years

USD | NAV as of Jun 09, 2023 | 1-Day Return as of Jun 09, 2023, 10:19 PM GMT+0

Morningstar’s Analysis PSTQX

Will PSTQX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PSTQX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PSTQX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of PSTQX’s parent organization’s priorities and whether they’re in line with investors’ interests.

An appealing short-term offering that favors corporate bonds.

Senior Analyst R.J. D'Ancona

R.J. D'Ancona

Senior Analyst

Summary

PGIM Short-Term Corporate Bond’s impressive team and rigorous, methodical process earn its least expensive share classes Morningstar Medalist Ratings of Gold, Silver, and Bronze, while its pricier options are rated Neutral.

by R.J. D'Ancona
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PSTQX

More PSTQX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 539
  • Other Holdings 38
  • % Assets in Top 10 Holdings 7.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Wells Fargo & Company 2.164%

1.24
119,826,676
Corporate

CIFC Funding 2017-II, Ltd. 6.20043%

0.99
95,860,018
Securitized

Bank of America Corporation 1.734%

0.87
83,788,656
Corporate

Microchip Technology Incorporated 2.67%

0.86
83,155,170
Corporate

Prudential Govt Money Mkt Fd

0.81
77,974,732
Cash and Equivalents

OZLM Funding IX Ltd./LLC 6.35043%

0.76
73,882,732
Securitized

Citigroup Inc. 1.462%

0.76
73,115,287
Corporate

UnitedHealth Group Inc. 4.25%

0.68
65,420,876
Corporate

Goldman Sachs Group, Inc. 1.542%

0.67
64,549,003
Corporate

Energy Transfer LP 5.875%

0.66
64,226,453
Corporate