PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

PGIM Core Bond Fund (TAIBX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jun 23, 2026

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.

Looking to diversify beyond TAIBX? The mutual funds below have the lowest correlation with TAIBX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from TAIBX.

Best Diversifiers for TAIBX

1 mutual funds have low correlation with TAIBX (below 0.3), 0 of which are negatively correlated. The least correlated is PGIM Floating Rate Income Fund (FRFZX) (Bank Loan) with a 1Y correlation of 0.22, roughly unchanged from 0.12 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
FRFZX
PGIM Floating Rate Income Fund0.220.140.12
96
Bank LoanTAIBX vs FRFZX
PGOAX
PGIM Jennison Small Company Fund0.330.230.13
58
Small Cap Growth EquitiesTAIBX vs PGOAX
PALDX
PGIM 60/40 Allocation Fund0.400.370.30
81
Diversified PortfolioTAIBX vs PALDX
PBHAX
PGIM High Yield Fund0.650.610.55
65
High Yield BondsTAIBX vs PBHAX
HYSZX
PGIM Short Duration High Yield Income Fund0.650.640.56
68
High Yield BondsTAIBX vs HYSZX
See all 11 diversifiers for TAIBX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements TAIBX

Add TAIBX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with TAIBX