Prudential Short Duration Fund Quote
HYSAX Fund | USD 8.41 0.01 0.12% |
Performance7 of 100
| Odds Of DistressLess than 20
|
Prudential Short is trading at 8.41 as of the 18th of January 2025; that is 0.12% up since the beginning of the trading day. The fund's open price was 8.4. Prudential Short has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Under normal market conditions, the fund will invest at least 80 percent of its investable assets in a diversified portfolio of high yield fixed income instruments that are below investment grade with varying maturities and other investments with similar economic characteristics. More on Prudential Short Duration
Moving together with Prudential Mutual Fund
Prudential Mutual Fund Highlights
Fund Concentration | PGIM Investments Funds, Large Funds, High Yield Bond Funds, High Yield Bond, PGIM Investments (View all Sectors) |
Update Date | 31st of December 2024 |
Expense Ratio Date | 28th of October 2022 |
Fiscal Year End | August |
Prudential Short Duration [HYSAX] is traded in USA and was established 18th of January 2025. Prudential Short is listed under PGIM Investments category by Fama And French industry classification. The fund is listed under High Yield Bond category and is part of PGIM Investments family. This fund currently has accumulated 4.62 B in assets under management (AUM) with no minimum investment requirementsPrudential Short Duration is currently producing year-to-date (YTD) return of 0.08% with the current yeild of 0.06%, while the total return for the last 3 years was 3.89%.
Check Prudential Short Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Prudential Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Prudential Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Prudential Short Duration Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Prudential Short Duration Mutual Fund Constituents
CHK | CHK Old | Stock | Energy | |
SJNK | SPDR Bloomberg Short | Etf | High Yield Bond |
Prudential Short Duration Risk Profiles
Mean Deviation | 0.1104 | |||
Standard Deviation | 0.1653 | |||
Variance | 0.0273 | |||
Downside Variance | 0.032 |
Prudential Short Against Markets
Other Information on Investing in Prudential Mutual Fund
Prudential Short financial ratios help investors to determine whether Prudential Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prudential with respect to the benefits of owning Prudential Short security.
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