Intro Guide To The Prudential Total Return Bond Class Z Fund (PDBZX)

Prudential (LON:PRU) Total Return Bond Class Z Fund (PDBZX) a Zacks Rank #1 (Strong Buy) was incepted in January 1995 and is managed by Prudential Investment Management. PDBZX's investment objective is total return. PDBZX seeks to achieve its objective through a mix of current income and capital appreciation as determined by the fund's investment adviser. PDBZX invests, under normal circumstances, at least 80% of the fund's investable assets in bonds. Bonds include all fixed-income securities, other than preferred stock, with a maturity at date of issue of greater than one year. PDBZX's investment adviser allocates assets among different debt securities, including U.S. government securities, mortgage-related securities, corporate debt securities and foreign securities. PDBZX may invest up to 50% of its investable assets in below investment-grade securities (junk bonds).

The Prudential Total Return Bond Class Z fund, managed by Prudential, carries an expense ratio of 0.59%. Moreover, PDBZX requires a minimal initial investment of $5,000,000.

PDBZX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 3, 5 year benchmarks; 3 year 2.59% and 5 year 4.73%. To see how this fund performed compared in its category, and other #1 and #2 Ranked Mutual Funds, please click here.

PDBZX’s performance, as of the last filing, when compared to funds in its category was in the top 8% in 1 year, top 7% over the past 3 years, and in the 6% over the past 5 years.

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