PGIM Strategic Bond Fund Class Z (PUCZX)

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

PGIM Strategic Bond Fund Class Z (PUCZX) is up 0.8% since the beginning of the year. PUCZX is currently trading at $9 per share. Investors who bought $1,000 worth of PUCZX shares 5 years ago would now be looking at an investment worth $1,091.

PGIM Strategic Bond Fund Class Z (PUCZX) has returned 0.83% so far this year and 6.25% over the past 12 months. Over the last ten years, PUCZX has returned 4.30% per year, falling short of the S&P 500 Index benchmark, which averaged 13.88% annually.

Based on dividend-adjusted daily data since Jan 4, 2016, PUCZX's average daily return is +0.02%, while the average monthly return is +0.39%. At this rate, an investment would double in approximately 14.8 years.

Historically, 71% of months were positive and 29% were negative. The best month was Apr 2020 with a return of +4.4%, while the worst month was Mar 2020 at -11.7%. The longest winning streak lasted 14 consecutive months, and the longest losing streak was 4 months.

On a daily basis, PUCZX closed higher 42% of trading days. The best single day was Mar 26, 2020 with a return of +2.4%, while the worst single day was Mar 18, 2020 at -3.8%.

PGIM Strategic Bond Fund Class Z has an annualized alpha of 3.57%, beta of 0.08, and R2 of 0.09 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.

• This fund participated in 29.22% of S&P 500 Index downside but only 25.87% of its upside - more exposed to losses than it benefited from rallies.
• Beta of 0.08 may look defensive, but with R2 of 0.09 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 0.09 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.

PUCZX has an expense ratio of 0.62%, placing it in the medium range.

PUCZX ranks 40 for risk / return — below 40% of mutual funds on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.

PGIM Strategic Bond Fund Class Z provided a 5.14% dividend yield over the last twelve months, with an annual payout of $0.44 per share.

The table displays the monthly dividend distributions for PGIM Strategic Bond Fund Class Z. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

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.

The table below displays the maximum drawdowns of the PGIM Strategic Bond Fund Class Z. 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 Strategic Bond Fund Class Z was 18.60%, occurring on Oct 20, 2022. Recovery took 587 trading sessions.

The current PGIM Strategic Bond Fund Class Z drawdown is 0.91%.

The chart below shows the rolling one-month volatility.