PIFCX

About PIFCX

PGIM Short-Term Corporate Bond Fund Class C is an actively managed mutual fund focused on generating high current income while seeking to preserve principal. The strategy invests at least 80% of assets in investment-grade corporate bonds with shorter maturities, aiming to limit interest-rate sensitivity relative to the broad bond market. The portfolio spans diversified sectors including financials, industrials, consumer, and utilities, and may complement core fixed income by emphasizing corporate credit over government exposure. Management benchmarks performance to widely followed bond indices and positions the fund within the short-term bond category, reflecting its duration profile and credit focus. Historical performance data and category context are tracked by major research platforms, providing visibility into returns, yield, and expenses over time. As part of PGIM’s fixed income lineup, the fund leverages a large research platform and process-driven approach highlighted by third-party evaluations. Class C shares are structured with a distribution and fee profile tailored to this share class, which investors should review in the prospectus alongside risk disclosures related to credit quality, liquidity, and interest-rate movements.