PGIM Strategic Bond Fund Class Z (PUCZX)
Under normal market conditions, the fund invests at least 80% of its investable assets in fixed income instruments with varying maturities. It's investments in fixed income instruments may include bonds, debentures, notes, commercial paper and other similar types of debt instruments, mortgage-related securities, asset-backed securities, municipal securities, loan assignments and participations, money market instruments, and derivatives related to or referencing these types of securities and instruments.
Fund Info
US74440K6525
74440K652
Jul 9, 2015
$0
Expense Ratio
PUCZX features an expense ratio of 0.62%, falling within the medium range.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Strategic Bond Fund Class Z, 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 Strategic Bond Fund Class Z had a return of 1.03% year-to-date (YTD) and 7.71% in the last 12 months.
PUCZX
1.03%
0.91%
1.66%
7.71%
1.11%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PUCZX, 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 | 0.91% | 1.03% | |||||||||||
| 2024 | 0.91% | -0.31% | 1.16% | -1.39% | 1.56% | 0.98% | 1.94% | 1.19% | 1.62% | -1.52% | 1.00% | -0.81% | 6.44% |
| 2023 | 2.60% | -1.67% | 0.84% | 0.73% | -0.34% | 0.22% | 0.66% | 0.03% | -1.50% | -1.34% | 4.26% | 3.61% | 8.19% |
| 2022 | -1.90% | -2.29% | -1.60% | -3.42% | 0.12% | -4.21% | 2.69% | -1.26% | -4.28% | -0.50% | 3.66% | 0.14% | -12.42% |
| 2021 | -0.25% | -1.42% | -0.92% | 1.32% | 0.71% | 0.90% | 0.92% | 0.05% | -0.75% | -0.56% | -0.54% | 0.95% | 0.37% |
| 2020 | 1.24% | -0.43% | -11.67% | 4.38% | 3.72% | 1.88% | 3.06% | 0.75% | -0.41% | -0.22% | 3.57% | 0.33% | 5.30% |
| 2019 | 1.98% | 0.54% | 1.98% | 0.83% | 0.63% | 1.99% | 0.47% | 0.90% | 0.53% | 0.27% | 0.74% | -0.79% | 10.51% |
| 2018 | 1.08% | -0.37% | 0.22% | 0.43% | -0.23% | 0.45% | 0.83% | 0.04% | 0.33% | 0.12% | -0.16% | -0.96% | 1.78% |
| 2017 | 1.12% | 0.95% | 0.37% | 0.53% | 0.54% | 0.44% | 0.97% | 0.11% | 0.86% | 0.41% | 0.30% | 0.24% | 7.07% |
| 2016 | -2.29% | -0.43% | 4.05% | 2.72% | 0.79% | 0.18% | 2.45% | 0.78% | 0.58% | 0.29% | -0.27% | 0.11% | 9.17% |
| 2015 | -0.15% | -0.83% | -1.79% | 2.04% | -0.25% | -0.70% | -1.71% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 82, PUCZX is among the top 18% 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 Strategic Bond Fund Class Z (PUCZX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Strategic Bond Fund Class Z provided a 6.22% dividend yield over the last twelve months, with an annual payout of $0.52 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.52 | $0.53 | $0.64 | $0.56 | $0.41 | $0.44 | $0.52 | $0.52 | $0.43 | $0.50 | $0.18 |
Dividend yield | 6.22% | 6.38% | 7.61% | 6.73% | 3.98% | 4.13% | 4.94% | 5.25% | 4.13% | 4.95% | 1.85% |
Monthly Dividends
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.05 | $0.04 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.04 | $0.53 |
| 2023 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.14 | $0.04 | $0.64 |
| 2022 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.16 | $0.04 | $0.56 |
| 2021 | $0.03 | $0.03 | $0.04 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.04 | $0.41 |
| 2020 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.44 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.05 | $0.52 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.04 | $0.04 | $0.03 | $0.04 | $0.11 | $0.04 | $0.52 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.04 | $0.04 | $0.03 | $0.03 | $0.04 | $0.43 |
| 2016 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.07 | $0.50 |
| 2015 | $0.01 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.18 |
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 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 18.18%, occurring on Mar 23, 2020. Recovery took 112 trading sessions.
The current PGIM Strategic Bond Fund Class Z drawdown is 0.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -18.18% | Feb 24, 2020 | 21 | Mar 23, 2020 | 112 | Aug 31, 2020 | 133 |
| -17.95% | Sep 15, 2021 | 278 | Oct 20, 2022 | 470 | Sep 5, 2024 | 748 |
| -7.03% | Jul 23, 2015 | 141 | Feb 11, 2016 | 39 | Apr 8, 2016 | 180 |
| -3.22% | Dec 30, 2020 | 62 | Mar 30, 2021 | 66 | Jul 2, 2021 | 128 |
| -2.39% | Oct 2, 2024 | 70 | Jan 13, 2025 | — | — | — |
Volatility
Volatility Chart
The current PGIM Strategic Bond Fund Class Z volatility is 1.09%, 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.