PGIM Core Bond Fund (TAIBX)
The fund invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. It invests in securities that are rated investment-grade at the time of purchase. For purposes of this policy, bonds include all fixed-income securities, including but not limited to debt obligations issued by the U.S. government and its agencies, corporate debt securities, mortgage-related securities, and asset-backed securities.
Fund Info
US8759218014
875921801
Jan 5, 1993
$0
Expense Ratio
TAIBX features an expense ratio of 0.33%, falling within the medium range.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Core Bond Fund, 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 Core Bond Fund had a return of 0.71% year-to-date (YTD) and 4.82% in the last 12 months. Over the past 10 years, PGIM Core Bond Fund had an annualized return of 1.53%, while the S&P 500 had an annualized return of 11.31%, indicating that PGIM Core Bond Fund did not perform as well as the benchmark.
TAIBX
0.71%
0.95%
-0.95%
4.82%
-0.54%
1.53%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of TAIBX, 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 | 0.59% | 0.71% | |||||||||||
| 2024 | 0.01% | -1.35% | 0.96% | -2.41% | 1.80% | 0.96% | 2.36% | 1.39% | 1.39% | -2.43% | 1.28% | -1.64% | 2.19% |
| 2023 | 3.59% | -2.62% | 2.17% | 0.66% | -1.03% | -0.23% | 0.23% | -0.59% | -2.44% | -1.68% | 4.66% | 4.08% | 6.65% |
| 2022 | -2.15% | -1.41% | -2.95% | -3.98% | 0.11% | -1.63% | 2.34% | -2.57% | -4.55% | -1.60% | 3.76% | -0.27% | -14.20% |
| 2021 | -0.66% | -1.52% | -1.34% | 0.88% | 0.38% | 0.85% | 1.14% | -0.20% | -0.97% | -0.11% | 0.27% | -0.22% | -1.55% |
| 2020 | 2.21% | 1.68% | -3.46% | 2.59% | 1.29% | 1.27% | 1.91% | -0.64% | 0.01% | -0.46% | 1.51% | -0.28% | 7.73% |
| 2019 | 1.11% | 0.06% | 2.03% | 0.06% | 1.71% | 1.34% | 0.26% | 2.65% | -0.56% | 0.25% | -0.06% | -0.05% | 9.11% |
| 2018 | -0.97% | -1.11% | 0.45% | -0.69% | 0.77% | -0.15% | -0.06% | 0.80% | -0.70% | -0.87% | 0.50% | 1.63% | -0.44% |
| 2017 | 0.30% | 0.70% | 0.02% | 0.80% | 0.83% | -0.08% | 0.50% | 0.91% | -0.47% | 0.12% | -0.09% | 0.42% | 4.03% |
| 2016 | 1.06% | 0.63% | 1.25% | 0.63% | 0.01% | 1.81% | 0.90% | 0.00% | -0.01% | -0.81% | -2.39% | 0.20% | 3.26% |
| 2015 | 1.69% | -1.02% | 0.49% | -0.49% | -0.28% | -1.17% | 0.65% | -0.31% | 0.66% | 0.22% | -0.29% | -0.39% | -0.27% |
| 2014 | 0.92% | 0.24% | -0.63% | 0.54% | 1.06% | 0.00% | -0.36% | 0.48% | -0.80% | 0.47% | 0.46% | -0.46% | 1.91% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of TAIBX is 38, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Core Bond Fund (TAIBX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Core Bond Fund provided a 4.49% dividend yield over the last twelve months, with an annual payout of $0.39 per share. The fund has been increasing its distributions for 3 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.39 | $0.39 | $0.37 | $0.25 | $0.22 | $0.27 | $0.31 | $0.29 | $0.25 | $0.25 | $0.24 | $0.23 |
Dividend yield | 4.49% | 4.51% | 4.15% | 2.95% | 2.16% | 2.52% | 3.01% | 3.03% | 2.53% | 2.53% | 2.49% | 2.30% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Core Bond 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.03 | $0.00 | $0.03 | ||||||||||
| 2024 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.39 |
| 2023 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.05 | $0.37 |
| 2022 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.25 |
| 2021 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.22 |
| 2020 | $0.03 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.27 |
| 2019 | $0.03 | $0.03 | $0.03 | $0.03 | $0.03 | $0.02 | $0.03 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.31 |
| 2018 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.03 | $0.02 | $0.03 | $0.03 | $0.03 | $0.29 |
| 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 | $0.25 |
| 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 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.03 | $0.02 | $0.02 | $0.02 | $0.24 |
| 2014 | $0.01 | $0.01 | $0.02 | $0.01 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.02 | $0.04 | $0.23 |
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 Core Bond 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 Core Bond Fund was 19.81%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current PGIM Core Bond Fund drawdown is 7.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.81% | Dec 30, 2020 | 458 | Oct 24, 2022 | — | — | — |
| -8.52% | Mar 9, 2020 | 9 | Mar 19, 2020 | 69 | Jun 26, 2020 | 78 |
| -6.92% | Nov 5, 2010 | 36 | Dec 28, 2010 | 275 | Jan 31, 2012 | 311 |
| -6.33% | Dec 22, 2008 | 1 | Dec 22, 2008 | 102 | May 20, 2009 | 103 |
| -6.09% | Dec 1, 2009 | 19 | Dec 28, 2009 | 150 | Aug 3, 2010 | 169 |
Volatility
Volatility Chart
The current PGIM Core Bond Fund volatility is 1.37%, 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.