- ISIN
- US74440E8628
- Issuer
- PGIM
- Inception Date
- Nov 14, 2016
- Category
- Commodities
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Commodity
Share Price Chart
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Performance
PQCMX Performance Chart
PGIM Quant Solutions Commodity Strategies Fund (PQCMX) is up 19.5% since the beginning of the year. PQCMX is currently trading at $8 per share. Investors who bought $1,000 worth of PQCMX shares 5 years ago would now be looking at an investment worth $1,645.
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Returns By Period
PGIM Quant Solutions Commodity Strategies Fund (PQCMX) has returned 19.45% so far this year and 29.63% over the past 12 months.
PGIM Quant Solutions Commodity Strategies Fund
- 1D
- 1.47%
- 1M
- -7.68%
- YTD
- 19.45%
- 6M
- 16.76%
- 1Y
- 29.63%
- 3Y*
- 12.26%
- 5Y*
- 10.47%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.05%
- 1M
- -2.21%
- YTD
- 7.43%
- 6M
- 6.12%
- 1Y
- 19.75%
- 3Y*
- 18.87%
- 5Y*
- 11.43%
- 10Y*
- 13.70%
PQCMX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, PQCMX's average daily return is +0.03%, while the average monthly return is +0.67%. At this rate, an investment would double in approximately 8.7 years.
Historically, 55% of months were positive and 45% were negative. The best month was Mar 2026 with a return of +12.5%, while the worst month was Mar 2020 at -12.1%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 6 months.
On a daily basis, PQCMX closed higher 51% of trading days. The best single day was Mar 1, 2022 with a return of +4.2%, while the worst single day was Mar 9, 2022 at -5.4%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 10.95% | 1.69% | 12.52% | 6.13% | -3.74% | -7.89% | 19.45% | ||||||
| 2025 | 3.79% | 0.73% | 3.77% | -5.59% | -0.74% | 2.53% | -0.15% | 1.75% | 2.29% | 2.80% | 2.45% | -0.41% | 13.62% |
| 2024 | 1.07% | -0.91% | 3.21% | 2.07% | 1.59% | -1.14% | -4.18% | -0.60% | 5.00% | -1.73% | 0.29% | 0.63% | 5.09% |
| 2023 | -0.13% | -4.44% | -1.13% | -1.42% | -5.92% | 3.99% | 6.34% | -0.55% | -0.00% | 0.14% | -2.65% | -2.66% | -8.67% |
| 2022 | 9.83% | 7.07% | 8.77% | 4.84% | 1.90% | -10.83% | 4.88% | -0.09% | -9.41% | 2.41% | 2.77% | -2.16% | 19.10% |
| 2021 | 3.34% | 7.16% | -1.79% | 8.34% | 2.65% | 2.33% | 1.26% | -1.25% | 4.47% | 3.39% | -8.03% | 3.96% | 27.81% |
Benchmark Metrics
PGIM Quant Solutions Commodity Strategies Fund has an annualized alpha of 5.32%, beta of 0.21, and R2 of 0.06 versus S&P 500 Index. Calculated based on daily prices since January 03, 2017.
- This fund participated in 40.91% of S&P 500 Index downside but only 38.88% of its upside - more exposed to losses than it benefited from rallies.
- Beta of 0.21 may look defensive, but with R2 of 0.06 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
- R2 of 0.06 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- 5.32%
- Beta
- 0.21
- R²
- 0.06
- Upside Capture
- 38.88%
- Downside Capture
- 40.91%
Expense Ratio
PQCMX has an expense ratio of 0.62%, placing it in the medium range.
Return for Risk
Risk / Return Rank
PQCMX ranks 49 for risk / return — on par with similar mutual funds. You're getting a typical balance of risk and reward. Not a standout, but not a red flag either — a reasonable choice if other factors align with your goals.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM Quant Solutions Commodity Strategies Fund (PQCMX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PQCMX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.12 | ||
| Omega ratioGain probability vs. loss probability | 1.32 | 1.29 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 2.13 | 2.18 | -0.06 |
| Martin ratioReturn relative to average drawdown | 9.23 | 9.54 | -0.31 |
Dividends
Dividend History
PGIM Quant Solutions Commodity Strategies Fund provided a 6.77% dividend yield over the last twelve months, with an annual payout of $0.56 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.56 | $0.56 | $0.27 | $0.26 | $2.34 | $3.92 | $0.00 | $0.10 | $0.27 | $0.15 |
Dividend yield | 6.77% | 8.09% | 4.14% | 3.93% | 31.36% | 47.61% | 0.00% | 1.02% | 3.02% | 1.42% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Quant Solutions Commodity Strategies 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 | $0.56 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.27 | $0.27 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.26 | $0.26 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $2.34 | $2.34 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $3.92 | $3.92 |
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 Quant Solutions Commodity Strategies 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 Quant Solutions Commodity Strategies Fund was 33.00%, occurring on Mar 18, 2020. Recovery took 234 trading sessions.
The current PGIM Quant Solutions Commodity Strategies Fund drawdown is 13.01%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -33.00%Mar 2020 | 1y 9mo | 11mo 11d | 2y 9moMay 2018 - Feb 2021 |
2023 bear market2023 | -26.78%May 2023 | 11mo 25d | 2y 7mo | 3y 7moJun 2022 - Jan 2026 |
2026 correction2026 | -14.27%Jun 2026 | 1mo 4d | — | 1mo 7dMay 2026 - now |
2017 correction2017 | -11.97%Jun 2017 | 4mo 9d | 7mo 5d | 11mo 14dFeb 2017 - Jan 2018 |
2021 correction2021 | -11.09%Dec 2021 | 1mo 7d | 1mo 19d | 2mo 26dOct 2021 - Jan 2022 |
Drawdown Indicators
| PQCMX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -33.00% | -56.78% | +23.78% |
Max Drawdown (1Y)Largest decline over 1 year | -14.27% | -9.10% | -5.17% |
Max Drawdown (3Y)Largest decline over 3 years | -14.27% | -18.90% | +4.63% |
Max Drawdown (5Y)Largest decline over 5 years | -26.78% | -25.43% | -1.35% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -13.01% | -3.36% | -9.65% |
Average DrawdownAverage peak-to-trough decline | -11.80% | -10.71% | -1.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.28% | 2.07% | +1.21% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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