PGIM Floating Rate Income Fund Z (FRFZX)
8.89
0.00 (0.00%)
USD |
Feb 06 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.85% | 2.203B | -- | 86.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -212.14M | 4.57% |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current income. As a secondary objective the Fund seeks capital appreciation when it is consistent with its primary objective. The Fund will invest at least 80% of its assets in senior floating rate loans and other floating rate debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | PGIM Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
57
-113.03M
Peer Group Low
1.718B
Peer Group High
1 Year
% Rank:
61
-212.14M
-3.146B
Peer Group Low
5.110B
Peer Group High
3 Months
% Rank:
73
-450.05M
Peer Group Low
2.161B
Peer Group High
3 Years
% Rank:
81
-3.384B
Peer Group Low
21.85B
Peer Group High
6 Months
% Rank:
82
-889.93M
Peer Group Low
3.070B
Peer Group High
5 Years
% Rank:
8
-2.570B
Peer Group Low
23.74B
Peer Group High
YTD
% Rank:
56
-113.03M
Peer Group Low
1.718B
Peer Group High
10 Years
% Rank:
9
-11.61B
Peer Group Low
24.34B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 09, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.32% |
| Stock | 0.93% |
| Bond | 99.77% |
| Convertible | 0.00% |
| Preferred | 0.20% |
| Other | -1.21% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
USD/EUR Forward Contract
|
1.64% | -- | -- |
| The Bank of Nova Scotia BNS 7.35 04/27/2085 FLT USD Corporate '30 | 1.44% | 104.70 | -0.08% |
|
Brookfield Property REIT Inc 28-MAY-2030 Term Loan B
|
1.33% | -- | -- |
| JPMorgan Chase & Co. JPM 6.40578 12/31/2099 FLT USD Corporate '25 | 1.04% | 100.31 | -0.06% |
|
RAD CLO LTD. 19R B1R FLT 6.27549% 22-MAR-2038
|
0.91% | -- | -- |
|
OCTAGON LIMITED 66RR BR2 FLT 17-FEB-2037
|
0.90% | -- | -- |
|
BATTALION CLO LTD 11RR BR2 FLT 24-APR-2034
|
0.90% | -- | -- |
| The Toronto-Dominion Bank TD 7.25 07/31/2084 FLT USD Corporate '29 | 0.90% | 104.66 | -0.21% |
|
GOLUB CAPITAL PARTNERS CLO LTD 68BR BR SEQ FLT 26-JUL-2038
|
0.84% | -- | -- |
|
CARLYLE US CLO LTD 235 B SEQ FLT 6.96381% 28-JAN-2036
|
0.82% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.53% |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks to maximize current income. As a secondary objective the Fund seeks capital appreciation when it is consistent with its primary objective. The Fund will invest at least 80% of its assets in senior floating rate loans and other floating rate debt securities. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Loan Participation Funds |
| Peer Group | Loan Participation Funds |
| Global Macro | Loan Participation Funds |
| US Macro | General Domestic Taxable Fixed Income Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Loan Participation Funds |
| Fund Owner Firm Name | PGIM Investments |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-5-26) | 7.61% |
| 30-Day SEC Yield (12-31-25) | 6.28% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 454 |
| Bond | |
| Yield to Maturity (12-31-25) | 5.25% |
| Effective Duration | 0.12 |
| Average Coupon | 6.26% |
| Calculated Average Quality | 4.041 |
| Effective Maturity | 8.636 |
| Nominal Maturity | 11.04 |
| Number of Bond Holdings | 404 |
As of December 31, 2025
Fund Details
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:FRFZX", "name") |
| Broad Asset Class: =YCI("M:FRFZX", "broad_asset_class") |
| Broad Category: =YCI("M:FRFZX", "broad_category_group") |
| Prospectus Objective: =YCI("M:FRFZX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |