Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.49% 8.410B -- 46.00%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
-433.99M 4.87% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund seeks high current income consistent with the preservation of capital. The Fund invests at least 80% of its assets in bonds of corporations with varying maturities. The effective duration will usually be less than three years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Medium Term
Peer Group Short-Intmdt Investment Grade Debt Funds
Global Macro Bond HC
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short-Intmdt Investment Grade Debt Funds
Fund Owner Firm Name PGIM Investments
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 98
-321.95M Peer Group Low
183.96M Peer Group High
1 Year
% Rank: 90
-433.99M
-1.178B Peer Group Low
4.405B Peer Group High
3 Months
% Rank: 96
-214.99M Peer Group Low
787.32M Peer Group High
3 Years
% Rank: 96
-4.688B Peer Group Low
4.022B Peer Group High
6 Months
% Rank: 90
-715.07M Peer Group Low
4.738B Peer Group High
5 Years
% Rank: 99
-4.362B Peer Group Low
6.864B Peer Group High
YTD
% Rank: 90
-771.60M Peer Group Low
4.426B Peer Group High
10 Years
% Rank: 93
-4.294B Peer Group Low
33.34B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2018
2019
2020
2021
2022
2023
2024
YTD
-0.26%
5.63%
4.40%
-1.31%
-7.42%
5.79%
4.06%
5.22%
0.01%
8.72%
7.51%
-1.54%
-13.01%
5.53%
1.25%
7.11%
-0.16%
5.29%
2.78%
-1.04%
-6.40%
6.14%
4.77%
4.77%
-0.03%
4.29%
2.47%
-0.76%
-4.41%
4.51%
4.06%
4.34%
-0.38%
4.90%
4.04%
-2.22%
-6.91%
5.05%
3.90%
5.24%
0.77%
5.14%
7.14%
-1.30%
-7.55%
6.03%
4.09%
6.20%
As of December 05, 2025.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 2.97%
30-Day SEC Yield (10-31-25) 2.83%
7-Day SEC Yield --
Number of Holdings 624
Bond
Yield to Maturity (10-31-25) 4.59%
Effective Duration 2.70
Average Coupon 4.62%
Calculated Average Quality 3.448
Effective Maturity 5.266
Nominal Maturity 5.750
Number of Bond Holdings 594
As of October 31, 2025

Asset Allocation

As of October 31, 2025.
Type % Net
Cash 0.02%
Stock 0.00%
Bond 96.77%
Convertible 0.00%
Preferred 0.05%
Other 3.16%
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Top 10 Holdings

Name % Weight Price % Change
PGIM Core Government Money Market Fund
3.13% -- --
Bank of America Corporation BACORP 1.734 07/22/2027 FLT USD Corporate '26 0.74% 98.53 -0.01%
ICG US CLO 201RR ARR SEQ FLT 5.42549% 20-JAN-2035
0.70% -- --
FORD MOTOR CREDIT COMPANY LLC F-MotCrLLC 2.7 08/10/2026 FIX USD Corporate 0.70% 98.87 0.00%
Dupont De Nemours Inc 4.725% 15-NOV-2028
0.64% -- --
JPMorgan Chase & Co. JPM 1.578 04/22/2027 FLT USD Corporate '26 0.60% 99.03 -0.01%
HPS LOAN MANAGEMENT LTD 1610R3 A1R FLT 5.44549% 20-APR-2034
0.59% -- --
LCM LTD. 39R A1R SEQ FLT 5.65755% 16-OCT-2034
0.58% -- --
The Bank of Nova Scotia BNS 3.625 10/27/2081 FLT USD Corporate '26 0.57% 96.46 -0.03%
The Goldman Sachs Group, Inc. GS 1.542 09/10/2027 FLT USD Corporate '26 0.56% 98.04 0.01%

Fees & Availability

Fees
Actual 12B-1 Fee 1.00%
Actual Management Fee 0.37%
Administration Fee --
Maximum Front Load --
Maximum Deferred Load 1.00%
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP No
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 1000.00 None
Minimum Subsequent Investment 100.00 None

Basic Info

Investment Strategy
The Fund seeks high current income consistent with the preservation of capital. The Fund invests at least 80% of its assets in bonds of corporations with varying maturities. The effective duration will usually be less than three years.
General
Security Type Mutual Fund
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond USD Medium Term
Peer Group Short-Intmdt Investment Grade Debt Funds
Global Macro Bond HC
US Macro Short/Intermediate Investment-Grade Funds
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective Short-Intmdt Investment Grade Debt Funds
Fund Owner Firm Name PGIM Investments
Broad Asset Class Benchmark Index
^BBUSATR 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (12-3-25) 2.97%
30-Day SEC Yield (10-31-25) 2.83%
7-Day SEC Yield --
Number of Holdings 624
Bond
Yield to Maturity (10-31-25) 4.59%
Effective Duration 2.70
Average Coupon 4.62%
Calculated Average Quality 3.448
Effective Maturity 5.266
Nominal Maturity 5.750
Number of Bond Holdings 594
As of October 31, 2025

Fund Details

Key Dates
Inception Date 8/1/1994
Last Annual Report Date 12/31/2024
Last Prospectus Date 2/28/2025
Share Classes
JDTRX Retirement
PBSMX A
PIFEX Retirement
PIFGX Retirement
PIFZX Z
PSTQX Retirement
Attributes
Index Fund --
Inverse Fund No
Leveraged Fund --
Fund of Funds No
Currency Hedged Fund --
Synthetic Replication Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:PIFCX", "name")
Broad Asset Class: =YCI("M:PIFCX", "broad_asset_class")
Broad Category: =YCI("M:PIFCX", "broad_category_group")
Prospectus Objective: =YCI("M:PIFCX", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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