Prudential Absolute Return Bond Fund

U.S. News evaluated 75 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

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Performance

The fund has returned 1.57 percent over the past year.

Trailing Returns Updated 02.28.2014
Year to date 0.6%
1 Year 1.6%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

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Summary

The investment seeks positive returns over the long term, regardless of market conditions. The fund invests at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in debt securities (generally referred to as "bonds") and/or investments that provide exposure to bonds. It may invest up to 50% of its total assets in debt securities that are rated below investment grade (which are sometimes referred to as "junk bonds") or, if unrated, of comparable quality at the time of purchase.

Fees

Fees are Above Average compared to funds in the same category.
Prudential Absolute Return Bond Fund has an expense ratio of 1.14 percent.

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Risk

Risk is N/A compared to funds in the same category according to Morningstar.

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See Also:

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