PGTSX

About PGTSX

The PGIM Global Total Return Fund Class R4 is a mutual fund designed to provide investors with a diversified approach to generating total return—combining current income and capital appreciation—through investments in a mix of global fixed-income securities and, at times, equities. The fund typically invests at least 65% of its assets in income-producing instruments, including government, corporate, and securitized debt from both developed and emerging markets, while maintaining the flexibility to allocate to equities for additional growth potential. Managed by PGIM, the asset management arm of Prudential Financial, the fund is structured for those seeking a balance of income and long-term growth, with an emphasis on lowering costs through its R4 share class. By accessing a broad range of global markets, the fund aims to reduce exposure to any single economy or sector, offering investors a tool for global diversification within a fixed-income-oriented framework. Its role in the financial market is particularly relevant for those looking to participate in international bond markets while maintaining a measured approach to risk and return.