Prudential Floating Rate Fund Quote
| PFRIX Fund | USD 8.92 0.01 0.11% |
Performance 0High 10 · Moderate | NAV Risk Level HighLow 19 · Below Average |
PRUDENTIAL FLOATING shares are quoted at $8.92, delivering a 0.11% increase on the day after opening at $8.91. Based on structural risk metrics, PRUDENTIAL FLOATING reflects a 19% probability of significant NAV decline over the next few years. Over the last 90 trading days, PRUDENTIAL FLOATING has demonstrated strong risk-adjusted performance, consistent with moderate return metrics. The performance scores are measured across the period from February 9, 2026 to May 10, 2026. Learn more.
Related SymbolsLess Correlated SymbolsPrudential Floating Rate [PFRIX] is traded in USA. The fund is listed under the Bank Loan category and is part of the PGIM Funds (Prudential) family. This fund at this time has accumulated $1.15 billion in assets with no minimum investment requirements. Prudential Floating Rate is currently producing a year-to-date (YTD) return of 1.78%, while the total return for the last 3 years is 8.68%. PRUDENTIAL FLOATING is an operator in the pgim funds (prudential) segment where revenue is driven by core operating activity and end-market demand.
More Details
More DetailsInstitutional participation shapes Prudential Floating Rate liquidity but does not guarantee above-market returns. Revenue scale should be reviewed against peers and reporting history. Prudential Floating Rate ownership profile should be weighed against balance-sheet strength and the earnings revision trend.
Instrument Allocation
Mutual Fund Notable Updates
| Legal Name | PRUDENTIAL FLOATING RATE INCOME FUND CLASS Q |
| Fund Concentration | PGIM Funds (Prudential) Funds, Large Funds, Bank Loan Funds, Bank Loan, PGIM Funds (Prudential), (View all Sectors) |
PRUDENTIAL FLOATING RATE INCOME FUND CLASS Q NAV Analysis
Above Model Estimate
Today
This estimate for Prudential Floating Rate is driven by the aggregate performance of its underlying assets across a 3 months time horizon. Pricing gaps often arise from short-term dislocations between fund value and underlying asset movements.
Sector Allocation
Spreading investments across sectors reduces concentration risk and improves return stability. A broader allocation in PRUDENTIAL Mutual Fund reduces concentrated exposure but may also compress returns. The risk-return tradeoff of PRUDENTIAL Mutual Fund is shaped by the breadth of its sector diversification. The diversification level of PRUDENTIAL Mutual Fund provides context for expected risk-adjusted performance.
For investors seeking sector exposure, Prudential Floating Rate Mutual Fund offers a low-cost portfolio construction alternative. This approach supports sector diversification without the overhead of custom portfolio construction. Sector concentration is a key dimension of portfolio risk that investors often track against their own tolerance levels. Sector weight awareness reveals the diversification characteristics of funds like Prudential Floating Rate Mutual Fund.
Top Holders
| PUDAX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDZX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDQX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDCX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PCCFX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCGAX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCGQX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCLRX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity |
Common Risk Profiles
| Mean Deviation | 0.0974 | |||
| Standard Deviation | 0.148 | |||
| Variance | 0.0219 | |||
| Downside Variance | 0.0293 |
Prudential Floating Rate Against Markets
| PFRIX | 0.11 | ||||
| NYA | 0.30 |
| Competition | Compare Correlations |
Institutional Mutual Fund Holders for PRUDENTIAL FLOATING
Prudential Floating Rate holder mix determines how liquidity and price discovery behave during market stress. Ownership mix should still be evaluated through filings, holder turnover, and governance disclosures. Share-count trends should still be monitored for dilution or capital-structure change. Prudential Floating Rate ownership structure should be reviewed with float and volume for realistic liquidity expectations.
| PUDAX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDZX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDQX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PUDCX | Prudential Real Assets | Mutual Fund | Allocation--50% to 70% Equity | |
| PCCFX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCGAX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCGQX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity | |
| PCLRX | Prudential Income Builder | Mutual Fund | Allocation--50% to 70% Equity |
Predictive Daily Indicators
For PRUDENTIAL FLOATING, daily indicators reveal whether a price move in the fund's holdings is gaining conviction or fading. For Bank Loan funds, accumulation and distribution signals track whether capital is flowing into or out of PRUDENTIAL FLOATING's underlying positions. Indicator values are snapshots from the most recent session. They work best as inputs to a repeatable review process. For PRUDENTIAL, the practical value is catching momentum shifts in the underlying holdings early enough to adjust allocation.
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 8.92 | |||
| Day Typical Price | 8.92 | |||
| Price Action Indicator | 0.005 | |||
| Period Momentum Indicator | 0.01 |
Forecast Models
A forecast framework for PRUDENTIAL FLOATING starts with observed NAV patterns. Trends and reversals in the fund often precede fundamental news. Over three years, PRUDENTIAL FLOATING returned 8.7%. The practical edge is understanding when the confidence interval around the fund's NAV forecast is narrow versus wide. Forecast uncertainty tends to increase around fiscal year-end, major economic releases, and fund rebalancing dates. The most informative fund forecast narrows the range of plausible NAV outcomes enough to support a sizing or rebalancing decision.Mutual Fund Overview, Methodology & Data Sources
Liquidity and pricing cadence can influence observed volatility and execution context. Lower trading activity may introduce occasional variability in execution conditions. The five-year return stands at 6.0%.
Methodology
Unless otherwise specified, data for Prudential Floating Rate is derived from fund disclosures (prospectus language, holdings reports, and periodic statements where available). Asset-level metrics are computed daily by Macroaxis LLC and refreshed regularly based on instrument type. Prudential Floating Rate market data and reported NAV may reflect delayed updates. Data may be delayed depending on reporting sources and market conventions. All analytics presented are generated using Macroaxis quantitative models that incorporate financial statement analysis, market data, and risk metrics to ensure consistency and comparability. Assumptions: We use public fund disclosures, holdings reports, and market data feeds with disclosures published by U.S. Securities and Exchange Commission (SEC) via EDGAR as reference inputs. Data may be normalized and can be delayed. All analytics are generated using standardized, rules-based models designed to promote consistency and comparability across instruments. Model assumptions, reference parameters, and selected computational inputs are available in the Model Inputs section. If you have questions about our data sources or methodology, please contact Macroaxis Support.
Research Sources
Prudential Floating Rate may have reference inputs that incorporate holdings disclosures, category classification, and NAV-derived statistics where available. Updates may occur throughout the day.
Editorial review and methodology oversight provided by: Michael Smolkin, Member of Macroaxis Board of Directors