Prudential Corporate Bond Fund Class Z

 (MUTF:TGMBX)   Watch this mutual fund  
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Performance

Trailing returns

1 day   +0.22%
   
1 week   +0.08%
   
4 week
   
-0.66%  
3 month
   
-1.96%  
YTD
   
-1.03%  
1 year   +1.25%
   
3 years*   +1.31%
   
5 years*   +3.27%
   
*annualized
Best 3 month return+6.29%  
Worst 3 month return-3.58%  

Morningstar statistics

Morningstar category: Intermediate Government
  Return Risk Rating
3 years Above Average Average
5 years High Average
10 years High Above Average
Overall High Above Average

Key statistics

Total assets44.49M 
Front load-  
Deferred load-  
Expense ratio0.99%  
Management fee-  
Fund familyTarget Program 

Asset allocation

Cash38.14%  
Stocks0.00%  
Bonds61.86%  
Other0.00%  

Purchase information

Initial$0  
10.73+0.02(0.19%)
Jul 2, 4:00PM EDT Overall Morningstar RatingTM

Description

The investment seeks high current income consistent with the preservation of principal. The fund normally invests at least 80% of its investable assets in bonds of corporations with varying maturities. For purposes of this policy, bonds include all fixed-income securities, adjustable rate securities and floating rate securities, other than preferred stock, and corporations include all private issuers.
Fund filings (PDF) »
Asset managers:
Malcolm Dalrymple (Started: May 26, 2015)
Michael Garrett (Started: Feb 25, 2010)
Rajat Shah (Started: May 26, 2015)
Edward Blaha (Started: May 26, 2015)
Steven Kellner (Started: May 26, 2015)
Advisor Company:
Prudential Investments LLC
Fund family reports on Morningstar »
Target Program, One Seaport Plaza, New York, NY 10292, United States

Risk

  1 year 3 years 5 years 10 years  
Alpha* 1.60 0.09 0.96 1.41
Beta* 0.59 0.81 0.77 0.66
Mean annual return 0.35 0.18 0.34 0.42
R-squared* 76.67 79.92 76.70 47.88
Standard deviation 2.05 2.59 2.48 3.06
Sharpe ratio 2.04 0.83 1.64 1.14
* Against standard index

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