PGIM Total Return Bond Fund (PDBAX)
The investment seeks total return. The fund will seek to achieve its objective through a mix of current income and capital appreciation as determined by the fund's subadviser. It invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. For purposes of this policy, bonds include all fixed income securities, other than preferred stock, with a maturity at date of issue of greater than one year. The fund may invest up to 30% of its investable assets in speculative, high risk, below investment-grade securities. It may invest up to 30% of its investable assets in foreign debt securities, including emerging market debt securities.
Fund Info
US74440B1089
74440B108
Jan 10, 1995
$1,000
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Total Return Bond Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PGIM Total Return Bond Fund had a return of 2.60% year-to-date (YTD) and 8.04% in the last 12 months. Over the past 10 years, PGIM Total Return Bond Fund had an annualized return of 1.49%, while the S&P 500 had an annualized return of 11.13%, indicating that PGIM Total Return Bond Fund did not perform as well as the benchmark.
PDBAX
2.60%
-0.63%
3.28%
8.04%
-0.80%
1.49%
^GSPC (Benchmark)
24.05%
1.08%
11.50%
30.38%
13.77%
11.13%
Monthly Returns
The table below presents the monthly returns of PDBAX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.14% | -1.13% | 1.06% | -2.39% | 1.77% | 1.05% | 2.15% | 1.44% | 1.35% | -2.23% | 2.60% | ||
| 2023 | 3.67% | -2.40% | 1.86% | 0.77% | -1.04% | 0.11% | 0.31% | -0.45% | -2.45% | -1.60% | 4.62% | 4.07% | 7.38% |
| 2022 | -2.41% | -2.63% | -1.68% | -4.24% | -0.12% | -2.53% | 2.54% | -2.36% | -4.78% | -1.29% | 3.81% | -0.25% | -15.13% |
| 2021 | -0.92% | -2.08% | -1.65% | 1.10% | 0.69% | 1.22% | 1.28% | -0.21% | -1.16% | -0.01% | 0.21% | 0.02% | -1.57% |
| 2020 | 2.45% | 1.37% | -6.51% | 2.84% | 2.08% | 1.62% | 2.53% | -0.71% | -0.12% | -0.71% | 2.52% | 0.55% | 7.79% |
| 2019 | 1.58% | 0.05% | 2.26% | 0.19% | 1.82% | 1.54% | 0.33% | 2.57% | -0.31% | 0.17% | 0.04% | -3.32% | 6.99% |
| 2018 | -0.94% | -1.37% | 0.89% | -0.88% | 0.25% | 0.02% | 0.09% | 0.50% | -0.77% | -0.63% | 0.36% | 1.55% | -0.96% |
| 2017 | 0.50% | 1.13% | 0.11% | 0.97% | 0.98% | 0.16% | 0.61% | 1.05% | -0.37% | 0.22% | -0.04% | 0.85% | 6.33% |
| 2016 | 1.12% | 0.33% | 1.63% | 0.98% | 0.01% | 2.15% | 1.37% | 0.02% | -0.06% | -0.88% | -2.77% | -0.41% | 3.46% |
| 2015 | 2.33% | -0.66% | 0.44% | -0.37% | -0.36% | -1.42% | 0.85% | -0.36% | 0.14% | 0.27% | -0.44% | -0.68% | -0.30% |
| 2014 | 1.16% | 1.12% | 0.02% | 0.85% | 1.55% | 0.21% | -0.28% | 1.40% | -1.12% | 1.18% | 0.75% | -0.33% | 6.66% |
| 2013 | -0.14% | 0.47% | 0.08% | 1.64% | -2.11% | -2.85% | 0.79% | -1.04% | 1.39% | 1.52% | -0.46% | -0.32% | -1.15% |
Expense Ratio
PDBAX features an expense ratio of 0.76%, falling within the medium range.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDBAX is 30, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Total Return Bond Fund (PDBAX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Total Return Bond Fund provided a 4.50% dividend yield over the last twelve months, with an annual payout of $0.54 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.54 | $0.52 | $0.57 | $0.39 | $0.41 | $0.48 | $0.52 | $0.39 | $0.37 | $0.41 | $0.48 | $0.49 |
Dividend yield | 4.50% | 4.32% | 4.83% | 2.69% | 2.69% | 3.34% | 3.75% | 2.63% | 2.60% | 2.93% | 3.33% | 3.50% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Total Return Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.05 | $0.04 | $0.00 | $0.45 | |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.05 | $0.04 | $0.05 | $0.05 | $0.05 | $0.52 |
| 2022 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.19 | $0.57 |
| 2021 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.07 | $0.39 |
| 2020 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.41 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.07 | $0.48 |
| 2018 | $0.03 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.03 | $0.04 | $0.04 | $0.12 | $0.52 |
| 2017 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.39 |
| 2016 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.37 |
| 2015 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.41 |
| 2014 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.48 |
| 2013 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.49 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Total Return Bond 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 Total Return Bond Fund was 20.62%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current PGIM Total Return Bond Fund drawdown is 7.97%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -20.62% | Jan 4, 2021 | 456 | Oct 24, 2022 | — | — | — |
| -11.73% | Mar 9, 2020 | 12 | Mar 24, 2020 | 84 | Jul 23, 2020 | 96 |
| -9.79% | Sep 10, 2008 | 52 | Nov 20, 2008 | 124 | May 21, 2009 | 176 |
| -6.42% | May 3, 2013 | 87 | Sep 5, 2013 | 165 | May 2, 2014 | 252 |
| -5.51% | Sep 8, 2016 | 71 | Dec 16, 2016 | 130 | Jun 26, 2017 | 201 |
Volatility
Volatility Chart
The current PGIM Total Return Bond Fund volatility is 1.43%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.