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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$90.2 M

-

4.61%

Vitals

YTD Return

-7.3%

1 yr return

-7.4%

3 Yr Avg Return

-1.0%

5 Yr Avg Return

-1.7%

Net Assets

$90.2 M

Holdings in Top 10

79.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 4.61%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 60.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$90.2 M

-

4.61%

PUDBX - Profile

Distributions

  • YTD Total Return -7.3%
  • 3 Yr Annualized Total Return -1.0%
  • 5 Yr Annualized Total Return -1.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.56%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PGIM Real Assets Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Dec 30, 2010
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Edward Campbell

Fund Description


PUDBX - Performance

Return Ranking - Trailing

Period PUDBX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.3% -43.2% 34.2% 82.22%
1 Yr -7.4% -48.9% 28.6% 84.77%
3 Yr -1.0%* -27.8% 9.2% 62.41%
5 Yr -1.7%* -32.0% 6.0% 78.50%
10 Yr N/A* -13.6% 11.4% N/A

* Annualized

Return Ranking - Calendar

Period PUDBX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -39.6% 40.4% 41.35%
2022 -11.1% -32.1% 18.9% 62.33%
2021 3.9% -24.8% 48.2% 73.28%
2020 4.3% -51.7% 12.8% 41.78%
2019 -10.7% -24.6% 18.1% 86.25%

Total Return Ranking - Trailing

Period PUDBX Return Category Return Low Category Return High Rank in Category (%)
YTD -7.3% -43.2% 34.2% 82.22%
1 Yr -7.4% -48.9% 28.6% 84.77%
3 Yr -1.0%* -27.8% 9.2% 77.01%
5 Yr -1.7%* -32.0% 7.1% 88.38%
10 Yr N/A* -13.6% 11.4% N/A

* Annualized

Total Return Ranking - Calendar

Period PUDBX Return Category Return Low Category Return High Rank in Category (%)
2023 12.5% -39.6% 40.4% 42.00%
2022 -11.1% -32.1% 18.9% 80.33%
2021 3.9% -19.4% 48.2% 87.65%
2020 4.3% -51.7% 12.8% 71.85%
2019 -10.7% -24.6% 18.1% 94.03%

PUDBX - Holdings

Concentration Analysis

PUDBX Category Low Category High PUDBX % Rank
Net Assets 90.2 M 863 K 2 B 72.12%
Number of Holdings 31 3 2789 65.95%
Net Assets in Top 10 69.8 M -49.6 M 1.49 B 61.01%
Weighting of Top 10 79.02% 0.0% 99.3% 25.80%

Top 10 Holdings

  1. Pdcz Pru Real Asset Cayman Sub 16.27%
  2. PGIM QMA Commodity Strategies R6 16.17%
  3. United States Treasury Notes 0.12% 8.01%
  4. PGIM Short-Term Corporate Bond R6 6.98%
  5. PGIM Jennison Natural Resources R6 6.06%
  6. PGIM Select Real Estate R6 5.60%
  7. PGIM Global Real Estate R6 5.50%
  8. PGIM Jennison Global Infrastructure R6 5.28%
  9. United States Treasury Notes 0.88% 4.81%
  10. United States Treasury Notes 0.25% 4.34%

Asset Allocation

Weighting Return Low Return High PUDBX % Rank
Bonds
51.57% -448.46% 57.37% 31.07%
Stocks
25.53% -12.15% 79.73% 75.72%
Other
19.25% -202.38% 94.35% 5.56%
Cash
3.30% 5.65% 527.15% 60.91%
Convertible Bonds
0.33% 0.00% 78.71% 53.60%
Preferred Stocks
0.01% 0.00% 2.64% 60.91%

Stock Sector Breakdown

Weighting Return Low Return High PUDBX % Rank
Real Estate
48.15% -0.14% 49.29% 1.41%
Energy
18.99% -0.28% 16.16% 1.74%
Utilities
12.98% -0.17% 12.64% 5.21%
Basic Materials
12.26% -0.13% 11.96% 2.49%
Industrials
5.62% -0.55% 17.47% 86.44%
Communication Services
1.08% -0.18% 24.57% 93.71%
Technology
0.68% -1.27% 24.46% 96.20%
Consumer Defense
0.24% -0.41% 23.78% 93.49%
Healthcare
0.00% -0.73% 53.41% 97.83%
Financial Services
0.00% -0.86% 55.51% 98.48%
Consumer Cyclical
0.00% -6.55% 17.18% 97.72%

Stock Geographic Breakdown

Weighting Return Low Return High PUDBX % Rank
US
13.85% -12.93% 67.85% 83.13%
Non US
11.68% -0.06% 79.73% 12.35%

Bond Sector Breakdown

Weighting Return Low Return High PUDBX % Rank
Government
77.59% 0.00% 67.32% 1.54%
Corporate
17.20% 0.00% 76.56% 79.22%
Cash & Equivalents
3.46% 5.65% 106.75% 86.73%
Securitized
1.47% 0.00% 19.39% 71.71%
Derivative
0.27% 0.00% 80.59% 31.89%
Municipal
0.00% 0.00% 2.75% 76.34%

Bond Geographic Breakdown

Weighting Return Low Return High PUDBX % Rank
US
49.99% -43.48% 92.92% 25.82%
Non US
1.58% -482.38% 47.37% 70.06%

PUDBX - Expenses

Operational Fees

PUDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.61% 0.73% 17.48% 1.48%
Management Fee 0.60% 0.43% 1.90% 57.26%
12b-1 Fee 1.00% 0.00% 1.00% 91.15%
Administrative Fee N/A 0.05% 0.30% N/A

Sales Fees

PUDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 4.75% 5.75% N/A
Deferred Load 5.00% 1.00% 1.00% 6.29%

Trading Fees

PUDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PUDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 60.00% 0.00% 326.00% 59.83%

PUDBX - Distributions

Dividend Yield Analysis

PUDBX Category Low Category High PUDBX % Rank
Dividend Yield 0.00% 0.00% 3.36% 58.33%

Dividend Distribution Analysis

PUDBX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Annually

Net Income Ratio Analysis

PUDBX Category Low Category High PUDBX % Rank
Net Income Ratio 0.56% -1.60% 3.37% 89.91%

Capital Gain Distribution Analysis

PUDBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PUDBX - Fund Manager Analysis

Managers

Edward Campbell


Start Date

Tenure

Tenure Rank

Dec 30, 2010

9.51

9.5%

Edward L. Campbell, CFA, is a Managing Director and Portfolio Manager for QMA working within the Global Multi-Asset Solutions team. In this capacity, he is responsible for portfolio management, analysis, and economic and market valuation research, and he oversees a team of investment professionals. Ed also represents the firm through appearances in major media outlets, most notably as a regular guest on CNBC’s Squawk Box. Prior to joining QMA, Ed served as a Portfolio Manager and Senior Analyst for PGIM Investments’ Strategic Investment Research Group (SIRG). Previously, Ed was a Partner and Vice President at Trilogy Advisors. He earned a BS in economics and international business from The City University of New York and an MBA in finance, global business and organizational leadership from the New York University Stern School of Business.

Craig Dewling


Start Date

Tenure

Tenure Rank

Dec 30, 2010

9.51

9.5%

Craig Dewling is a Managing Director and Head of the Multi-Sector and Liquidity Team at PGIM Fixed Income. In this role, Mr. Dewling has portfolio management and trading oversight for US Treasuries and government agency securities, mortgage-backed securities, structured product securities, and interest rate derivative transactions for all strategies, products, and distribution channels. He is also a senior portfolio manager for US Government, mortgage-backed securities, insurance strategies, and multi-sector fixed income portfolios. He has specialized in mortgage-backed securities since 1991. Earlier, he was a taxable bond generalist for Prudential's proprietary accounts, specializing in US Treasuries and agencies. Mr. Dewling joined the Firm in 1987 in the Securities Systems Group. Mr. Dewling received a BS in Quantitative Business Analysis from The Pennsylvania State University and an MBA in Finance from Rutgers University.

Joel Kallman


Start Date

Tenure

Tenure Rank

Dec 30, 2010

9.51

9.5%

Joel M. Kallman, CFA, is a Vice President and Portfolio Manager for Quantitative Management Associates. Joel is a portfolio manager and a member of the asset allocation team. He also conducts economic and market valuation research. Joel has also held various positions within Prudential's fixed-income group, in areas such as high-yield credit analysis and performance reporting. He earned a BS and MBA in Finance from Rutgers University. He is also a member of the New York Society of Security Analysts and holds the Chartered Financial Analyst (CFA) designation.

Robert Tipp


Start Date

Tenure

Tenure Rank

Dec 30, 2010

9.51

9.5%

Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.

Edward Keon


Start Date

Tenure

Tenure Rank

Dec 30, 2010

9.51

9.5%

Edward F. Keon, Jr. is a Managing Director and Portfolio Manager for QMA, as well as a member of the asset allocation team. In addition to portfolio management, Ed contributes to investment strategy, research and portfolio construction. Ed’s investment industry experience dates back to 1993. Before joining QMA, he served as Chief Investment Strategist and Director of Quantitative Research at Prudential Equity Group, LLC, where he was a member of the firm’s investment policy committee and research recommendation committee. Ed’s prior experience was as Senior Vice President at I/B/E/S International Inc. Ed is a member of the Board of Directors of the Chicago Quantitative Alliance and sits on the Membership Committee of the Institute of Quantitative Research in Finance (Q-Group). He graduated summa cum laude with a BS in industrial management from the University of Massachusetts/Lowell and an MS in Finance and Marketing from the Sloan School of Management at the Massachusetts Institute of Technology.

Rory Cummings


Start Date

Tenure

Tenure Rank

Apr 30, 2015

5.17

5.2%

Rory Cummings, CFA, is a Portfolio Manager for QMA and a member of the Asset Allocation team. He also conducts macroeconomic, market valuation, and capital markets research. Rory has worked in various roles within the Asset Allocation team and, prior to joining, served as a Client Relations Specialist covering a variety of institutional clients. He earned a BA in Finance from Seton Hall University and a MBA in Financial Markets and Corporate Finance from New York University. He also holds the Chartered Financial Analyst (CFA) designation.

Erik Schiller


Start Date

Tenure

Tenure Rank

Jan 04, 2016

4.49

4.5%

Erik Schiller, CFA, is a Managing Director and Head of Developed Market Interest Rates for PGIM Fixed Income's Multi-Sector and Liquidity Team, specializing in government securities, futures, interest rate swaps/derivatives, and agency debentures. Mr. Schiller holds a senior portfolio management role where he develops portfolio strategy, performs quantitative analysis, and designs and implements risk positions within the liquidity relative value strategy portfolios, multi-sector fixed income portfolios, liability-driven portfolios, and government securities focused mutual funds. He has held this role since 2006. Formerly, Mr. Schiller was a Vice President for PGIM Fixed Income's US Liquidity Sector Team, and previously a hedge fund analyst within the Portfolio Analysis Group. Mr. Schiller joined the Firm in 2000 as an operations associate in the mortgage-backed securities group. He received a BA with high honors in Economics from Hobart College and holds the Chartered Financial Analyst (CFA) designation.

Gary Wu


Start Date

Tenure

Tenure Rank

Jan 04, 2016

4.49

4.5%

Gary Wu, CFA, is a Principal and a US government portfolio manager for PGIM Fixed Income's Multi-Sector and Liquidity Team. He has been responsible for managing US Treasury products since joining the Team in 2000. Previously, Mr. Wu was a portfolio manager on PGIM Fixed Income’s Money Markets Desk. From 1997 to 1999, Mr. Wu was a risk analyst in PGIM Fixed Income’s quantitative research group. Mr. Wu joined the Firm in 1994 in the Guaranteed Products Unit, where he was responsible for annuity pricing. Mr. Wu received a BS in Business Administration and Mathematics from The State University of New York, at Albany. He holds the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.05 20.33 5.01 9.68