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 has an expense ratio of 0.62%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
PGIM Strategic Bond Fund Class Z (PUCZX) returned 1.73% year-to-date (YTD) and 6.61% over the past 12 months.
PUCZX
1.73%
0.79%
2.04%
6.61%
2.91%
N/A
^GSPC (Benchmark)
0.19%
9.00%
-1.55%
12.31%
15.59%
10.78%
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% | 1.86% | -0.03% | 0.19% | -1.18% | 1.73% | |||||||
| 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% | 6.43% |
| 2023 | 2.60% | -1.67% | 0.84% | 0.74% | -0.34% | 0.22% | 0.66% | 0.03% | -1.51% | -1.33% | 4.26% | 3.61% | 8.19% |
| 2022 | -1.90% | -2.29% | -1.60% | -3.42% | 0.12% | -4.21% | 2.70% | -1.26% | -4.28% | -0.50% | 2.91% | 0.15% | -13.05% |
| 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% | -0.38% | 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 89, PUCZX is among the top 11% 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.
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Dividends
Dividend History
PGIM Strategic Bond Fund Class Z provided a 5.98% dividend yield over the last twelve months, with an annual payout of $0.50 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.50 | $0.53 | $0.64 | $0.50 | $0.41 | $0.53 | $0.72 | $0.48 | $0.43 | $0.65 | $0.18 |
Dividend yield | 5.98% | 6.37% | 7.62% | 6.00% | 3.99% | 5.05% | 6.87% | 4.78% | 4.21% | 6.49% | 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 | $0.04 | $0.04 | $0.04 | $0.00 | $0.15 | |||||||
| 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 | $0.10 | $0.04 | $0.50 |
| 2021 | $0.03 | $0.03 | $0.03 | $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 | $0.13 | $0.53 |
| 2019 | $0.05 | $0.05 | $0.05 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.25 | $0.72 |
| 2018 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.05 | $0.04 | $0.04 | $0.03 | $0.04 | $0.07 | $0.04 | $0.48 |
| 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 | $0.23 | $0.65 |
| 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.
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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 1.34%.
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 | 477 | Sep 16, 2024 | 755 |
| -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 |
| -2.7% | Apr 4, 2025 | 6 | Apr 11, 2025 | — | — | — |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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