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Lipper
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Zacks Investment Research
1
(Strong Buy)
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Standard & Poor's
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TheStreet.com
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U.S. News evaluated 53 Nontraditional Bond Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Prudential Investments funds
Performance
The fund has returned 5.44 percent over the past year.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.4% |
| 1 Year | 5.4% |
| 3 Years (Annualized) | N/A |
| 5 Years (Annualized) | N/A |
| 10 Years (Annualized) | N/A |
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 Low compared to funds in the same category.
Prudential Absolute Return Bond Fund has an expense ratio of 1.11 percent.
Risk
Risk is N/A compared to funds in the same category according to Morningstar.
