Prudential (LON:PRU) Total Return Bond A (PDBAX) a Zacks Rank #1 (Strong Buy) seeks to achieve its objective through a mix of current income and capital appreciation as determined by the fund's investment adviser. The fund invests, under normal circumstances, a large portion of its investable assets in bonds.
The Prudential Total Return Bond A fund, managed by Prudential, carries an expense ratio of 0.84%. Moreover, PDBAX requires a minimal initial investment of $2,500.
PDBAX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3, 5 year benchmarks; 1 year 2.43%, 3 year 2.98% and 5 year 4.23%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
PDBAX’s performance, as of the last filing, when compared to funds in its category was in the top 12% in 1 year, top 7% over the past 3 years, and in the 9% over the past 5 years.
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Zacks Investment Research