TPCAX

About TPCAX

PGIM Core Bond Fund Class A is a mutual fund classified as an intermediate core bond fund, actively managed to seek total return through a diversified portfolio of investment-grade fixed income securities. The fund’s primary function is capital preservation and appreciation by investing at least 80% of its assets in a broad range of U.S. dollar-denominated bonds, which may include U.S. government securities, agency and mortgage-backed bonds, and high-quality corporate debt. Managed with a focus on both credit quality and interest rate sensitivity, the fund balances exposure to interest rate risks and strives to capture opportunities across the fixed income market. Its portfolio is benchmarked against widely recognized indices such as the Barclays U.S. Aggregate Bond Index. The PGIM Core Bond Fund Class A plays a significant role in the market as a core fixed income holding for investors seeking income, diversification, and a measure of stability within their broader asset allocation strategy, particularly for those aiming to mitigate equity market volatility through exposure to high-quality bonds.