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PGIM Absolute Return Bond A (PADAX)

9.09
0.00
(0.00%)
At close: 8:01:55 PM EDT

Fund Summary

The fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in debt securities (generally referred to as "bonds") and/or investments that provide exposure to bonds. It may invest up to 50% of its total assets in debt securities that are rated below investment grade (which are sometimes referred to as "junk bonds") or, if unrated, of comparable quality at the time of purchase as determined by the fund's subadviser.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 7.72%
Worst 1Y Total Return --
Number of Years Up 11
Number of Years Down 2

Performance & Risk

YTD Return 1.19%
5y Average Return 5.67%
Rank in Category (ytd) 57
% Rank in Category (ytd) --
Beta (5Y Monthly) 0.01
Morningstar Risk Rating

Risk Statistics

3 Years 5 Years 10 Years
PADAXCategory AveragePADAXCategory AveragePADAXCategory Average
Alpha 0.6 0.01 3.14 0.02 1.44 0.02
BETA 0.01 0 0.1 0 0.13 0
Mean Annual Return 0.43 0 0.47 0 0.28 0
R-squared 0.36 0.09 4.53 0.08 1.53 0.06
Standard Deviation 1.84 0.06 2.77 0.05 5.11 0.05
Sharpe Ratio 0.34 0 1 0.01 0.27 0.01
Treynor Ratio 42.46 0.07 30.26 0.15 10.25 0.08

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