PGIM Global Total Return Fund (GTRAX)
The investment seeks total return, made up of current income and capital appreciation. The fund normally invests at least 65% of its total assets in income-producing debt securities of U.S. and foreign corporations and governments, supranational organizations, semi-governmental entities or government agencies, authorities or instrumentalities, investment-grade U.S. or foreign mortgage-related securities, asset-backed securities, and U.S. or foreign short-term and long-term bank debt securities or bank deposits. It may invest in debt securities that are denominated in U.S. dollars or foreign currencies.
Fund Info
US74439A1034
74439A103
Jul 6, 1986
$1,000
Expense Ratio
GTRAX has an expense ratio of 0.88%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
PGIM Global Total Return Fund (GTRAX) returned 5.44% year-to-date (YTD) and 7.03% over the past 12 months. Over the past 10 years, GTRAX returned 1.33% annually, underperforming the S&P 500 benchmark at 10.45%.
GTRAX
5.44%
2.15%
3.31%
7.03%
-0.52%
1.33%
^GSPC (Benchmark)
-3.77%
3.72%
-5.60%
8.55%
14.11%
10.45%
Monthly Returns
The table below presents the monthly returns of GTRAX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.76% | 1.75% | 0.88% | 2.73% | -0.76% | 5.44% | |||||||
| 2024 | -0.86% | -0.68% | 0.70% | -1.83% | 1.67% | 0.08% | 2.64% | 2.37% | 1.60% | -3.10% | 0.27% | -2.48% | 0.19% |
| 2023 | 3.74% | -3.42% | 2.57% | 0.73% | -1.44% | 1.13% | 1.31% | -1.22% | -2.88% | -1.11% | 5.16% | 4.66% | 9.14% |
| 2022 | -2.94% | -3.85% | -4.13% | -7.05% | -0.04% | -4.67% | 2.45% | -3.52% | -6.43% | -0.51% | 6.56% | 0.53% | -21.89% |
| 2021 | -1.29% | -3.43% | -2.54% | 1.88% | 1.12% | -0.06% | 1.69% | -0.33% | -2.39% | -0.65% | -0.07% | -0.09% | -6.14% |
| 2020 | 1.90% | 0.20% | -9.01% | 2.99% | 3.09% | 1.80% | 4.41% | 0.13% | -0.44% | -0.30% | 3.26% | 2.03% | 9.78% |
| 2019 | 2.46% | -0.32% | 1.65% | -0.16% | 1.82% | 3.08% | 0.14% | 2.19% | -0.33% | 0.84% | -0.72% | -1.59% | 9.34% |
| 2018 | 1.56% | -1.35% | 1.60% | -1.78% | -2.08% | -0.13% | 0.12% | -1.05% | -0.85% | -0.61% | 0.61% | 2.18% | -1.86% |
| 2017 | 1.55% | 1.20% | 1.08% | 1.66% | 1.98% | 0.47% | 2.20% | 1.30% | -0.87% | -0.01% | 1.17% | 0.84% | 13.27% |
| 2016 | 1.13% | 1.39% | 2.97% | 2.12% | -1.80% | 3.33% | 1.60% | -0.15% | 0.29% | -2.66% | -5.72% | 0.47% | 2.62% |
| 2015 | 0.15% | -0.64% | -0.90% | 1.06% | -2.09% | -1.52% | 1.38% | 0.53% | -0.22% | 0.47% | -1.42% | -0.17% | -3.38% |
| 2014 | 0.37% | 2.69% | 0.51% | 1.65% | 1.67% | 0.90% | -1.06% | 1.19% | -3.05% | 0.38% | 0.03% | -1.14% | 4.08% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, GTRAX is among the top 24% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Global Total Return Fund (GTRAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
PGIM Global Total Return Fund provided a 3.99% dividend yield over the last twelve months, with an annual payout of $0.21 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.21 | $0.22 | $0.19 | $0.19 | $0.22 | $0.26 | $0.40 | $0.22 | $0.22 | $0.23 | $0.22 | $0.29 |
Dividend yield | 3.99% | 4.40% | 3.70% | 3.86% | 3.27% | 3.62% | 5.89% | 3.39% | 3.17% | 3.72% | 3.55% | 4.26% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Global Total Return Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.02 | $0.02 | $0.02 | $0.00 | $0.00 | $0.05 | |||||||
| 2024 | $0.01 | $0.02 | $0.02 | $0.02 | $0.01 | $0.01 | $0.01 | $0.01 | $0.02 | $0.01 | $0.01 | $0.06 | $0.22 |
| 2023 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.19 |
| 2022 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.19 |
| 2021 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.22 |
| 2020 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.26 |
| 2019 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.19 | $0.40 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2017 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2016 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.23 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.29 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Global Total Return Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Global Total Return Fund was 33.05%, occurring on Oct 20, 2022. The portfolio has not yet recovered.
The current PGIM Global Total Return Fund drawdown is 15.58%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -33.05% | Jan 6, 2021 | 452 | Oct 20, 2022 | — | — | — |
| -19.45% | Mar 18, 2008 | 174 | Nov 21, 2008 | 172 | Jul 31, 2009 | 346 |
| -15.45% | Mar 9, 2020 | 9 | Mar 19, 2020 | 91 | Jul 29, 2020 | 100 |
| -11.43% | Sep 2, 2014 | 192 | Jun 5, 2015 | 227 | Apr 29, 2016 | 419 |
| -10.19% | Aug 19, 2016 | 83 | Dec 15, 2016 | 149 | Jul 21, 2017 | 232 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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