PGIM Global Total Return Fund - Class R6 (PGTQX)
The fund primarily invests in income-producing debt securities of corporations and governments, including mortgage-related and asset-backed securities, and bank debt securities or deposits in U.S. or foreign currency.
Fund Info
| ISIN | US74439A5092 |
|---|---|
| Issuer | PGIM Funds (Prudential) |
| Inception Date | Feb 3, 2012 |
| Category | Global Bonds |
| Min. Investment | $0 |
| Asset Class | Bond |
Expense Ratio
PGTQX features an expense ratio of 0.54%, falling within the medium range.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: PGTQX vs. PIMIX, PGTQX vs. AAFTX, PGTQX vs. DIPSX, PGTQX vs. KO, PGTQX vs. VIPIX
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Global Total Return Fund - Class R6, 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 Global Total Return Fund - Class R6 had a return of 5.85% year-to-date (YTD) and 13.76% in the last 12 months. Over the past 10 years, PGIM Global Total Return Fund - Class R6 had an annualized return of 1.54%, while the S&P 500 had an annualized return of 10.85%, indicating that PGIM Global Total Return Fund - Class R6 did not perform as well as the benchmark.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 5.85% | 17.79% |
| 1 month | 1.77% | 0.18% |
| 6 months | 6.79% | 7.53% |
| 1 year | 13.76% | 26.42% |
| 5 years (annualized) | -0.95% | 13.48% |
| 10 years (annualized) | 1.54% | 10.85% |
Monthly Returns
The table below presents the monthly returns of PGTQX, 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 | -0.82% | -0.63% | 0.74% | -1.79% | 1.69% | 0.11% | 2.64% | 2.38% | 5.85% | ||||
| 2023 | 3.94% | -3.35% | 2.56% | 0.76% | -1.39% | 1.15% | 1.33% | -1.17% | -2.82% | -1.26% | 5.35% | 4.63% | 9.69% |
| 2022 | -3.02% | -3.77% | -4.05% | -6.94% | -0.01% | -4.77% | 2.46% | -3.45% | -6.53% | -0.48% | 6.73% | 0.35% | -21.79% |
| 2021 | -1.24% | -3.37% | -2.47% | 1.89% | 1.14% | 0.11% | 1.56% | -0.30% | -2.32% | -0.62% | -0.03% | -0.06% | -5.72% |
| 2020 | 1.91% | 0.36% | -9.15% | 3.15% | 3.09% | 1.80% | 4.38% | 0.30% | -0.55% | -0.26% | 3.25% | 2.04% | 10.07% |
| 2019 | 2.47% | -0.29% | 1.67% | -0.13% | 1.83% | 3.07% | 0.17% | 2.34% | -0.43% | 0.85% | -0.68% | 0.91% | 12.34% |
| 2018 | 1.57% | -1.46% | 1.75% | -1.73% | -2.03% | -0.15% | -0.05% | -0.91% | -0.81% | -0.58% | 0.48% | 2.34% | -1.69% |
| 2017 | 1.73% | 1.20% | 0.94% | 1.66% | 1.99% | 0.64% | 2.05% | 1.46% | -0.84% | -0.14% | 1.33% | 0.84% | 13.61% |
| 2016 | 1.14% | 1.40% | 2.97% | 2.13% | -1.75% | 3.32% | 1.75% | -0.26% | 0.32% | -2.62% | -5.64% | 0.32% | 2.75% |
| 2015 | 0.03% | -0.60% | -0.72% | 0.91% | -2.05% | -1.47% | 1.39% | 0.55% | -0.18% | 0.51% | -1.38% | -0.14% | -3.16% |
| 2014 | 0.40% | 2.71% | 0.68% | 2.53% | 1.53% | 1.07% | -1.02% | 1.20% | -2.98% | 0.40% | 0.06% | -1.09% | 5.48% |
| 2013 | 0.35% | -1.48% | -0.19% | 3.20% | -3.61% | -4.05% | 1.92% | -2.08% | 3.47% | 2.33% | -1.35% | -0.03% | -1.86% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PGTQX is 63, 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 Global Total Return Fund - Class R6 (PGTQX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Global Total Return Fund - Class R6 granted a 3.64% dividend yield in the last twelve months. The annual payout for that period amounted to $0.20 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.20 | $0.21 | $0.21 | $0.24 | $0.29 | $0.43 | $0.23 | $0.24 | $0.25 | $0.25 | $0.31 | $0.32 |
Dividend yield | 3.64% | 4.02% | 4.24% | 3.63% | 3.93% | 6.17% | 3.53% | 3.43% | 4.02% | 3.85% | 4.57% | 4.76% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Global Total Return Fund - Class R6. 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 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.00 | $0.13 | |||
| 2023 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.01 | $0.21 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.21 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.05 | $0.24 |
| 2020 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.06 | $0.29 |
| 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 | $0.43 |
| 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 | $0.23 |
| 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 | $0.24 |
| 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 | $0.25 |
| 2015 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.25 |
| 2014 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.02 | $0.31 |
| 2013 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.32 |
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 Global Total Return Fund - Class R6. 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 - Class R6 was 32.61%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current PGIM Global Total Return Fund - Class R6 drawdown is 14.62%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -32.61% | Jan 6, 2021 | 454 | Oct 24, 2022 | — | — | — |
| -15.42% | Mar 9, 2020 | 9 | Mar 19, 2020 | 89 | Jul 27, 2020 | 98 |
| -11.23% | Sep 2, 2014 | 192 | Jun 5, 2015 | 227 | Apr 29, 2016 | 419 |
| -10.12% | Aug 19, 2016 | 83 | Dec 15, 2016 | 148 | Jul 20, 2017 | 231 |
| -9.16% | May 9, 2013 | 40 | Jul 5, 2013 | 189 | Apr 4, 2014 | 229 |
Volatility
Volatility Chart
The current PGIM Global Total Return Fund - Class R6 volatility is 1.48%, 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.