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FairHorizon Blue
B22-A

PGIM Funds Plc - PGIM Multi-Sector Credit Fund

Global diversified credit across corporate, securitised and emerging market bonds. Active multi-sector strategy.

About the Fund

Data as of

PGIM is the global investment management business of Prudential Financial, a US-based financial services firm founded in 1875. PGIM manages over US$1.3tn of assets across public and private fixed income, equities, real estate and alternatives, with PGIM Fixed Income being one of the largest active fixed income managers globally.

The PGIM Multi-Sector Credit Fund is an actively managed, global multi-sector credit strategy that aims to outperform cash-like returns over a full market cycle on a total return basis. The fund invests flexibly across investment grade and high yield corporate bonds, securitised credit such as CLOs and ABS, and emerging market debt, allocating to the sectors and issuers where PGIM Fixed Income's credit research identifies the best relative value. The investment process combines top-down sector allocation with bottom-up credit selection, with returns driven mainly by credit spread and income.

Performance

Price Performance – Maximum Period

The FairHorizon Context

Investment-Time-Horizon in years

0 - 22 - 44 - 7 7 - 1010 - 1515+
Expected long-term return
2 – 4% p.a.
Expected volatility
3 – 5% p.a.

Building Block Returns

PGIM Funds Plc - PGIM Multi-Sector Credit Fund

Ann. return (3-year):
6.34%
Ann. return (5-year):
4.23%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
3.65%

This fund represents an active, flexible approach to global credit, combining corporate, securitised and emerging market bonds in one diversified portfolio.

Benchmark Returns

SPDR Bloomberg Global Aggregate Bond UCITS ETF

Ann. return (3-year):
4.01%
Ann. return (5-year):
0.18%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
4.87%
Link to the Funds FairSheet

FairHorizon Benchmark Returns

Dimensional Funds PLC - World Allocation 20/80 Fund

Ann. return (3-year):
7.09%
Ann. return (5-year):
3.75%
Ann. return (10-year):
—
Ann. Standard Deviation (5-year):
4.13%
Link to the Funds FairSheet

The Dimensional World Allocation 20/80 Fund is our FAIRHORIZON Blue reference benchmark solution that has 20% global developed equities and 80% global investment grade short-to-medium maturity bonds for global high quality bonds-like returns and volatility.

SHARING OUR PASSION FOR INVESTMENTS FAIRSHEET™  PGIM Funds Plc - PGIM Multi-Sector Credit Fund  Page 1/2

Why we prefer this fund

Relevance of strategy

This fund represents an active, flexible approach to global credit, combining corporate, securitised and emerging market bonds in one diversified portfolio.

Manager expertise

PGIM Fixed Income runs one of the largest credit research platforms globally, covering all major bond sectors.

Historical maximum drawdown & recovery time

Max drawdown (since inception)
-18.62%
Recovery Period
246 Days

Diversification

Credit Rating

  • Aaa0.94%
  • Aa23.70%
  • A8.19%
  • Baa16.99%
  • Ba11.17%
  • B8.26%
  • Caa1.77%
  • Others28.98%

Sectors

  • Corporate42.29%
  • Treasury25.87%
  • Securitized18.16%
  • Government-Related12.72%
  • Others0.97%

Geography

  • U.S.A.63.59%
  • Ireland6.06%
  • Germany3.57%
  • United Kingdom3.04%
  • France2.40%
  • Canada2.39%
  • Argentina1.09%
  • Netherlands0.99%
  • Colombia0.97%
  • Romania0.92%
  • Mexico0.86%
  • Others14.12%

Frequently asked questions

What is the PGIM Funds Plc - PGIM Multi-Sector Credit Fund?
The PGIM Funds Plc - PGIM Multi-Sector Credit Fund is a actively managed fund in the Global Bonds asset class, managed by PGIM. Global diversified credit across corporate, securitised and emerging market bonds. Active multi-sector strategy.
What is the PGIM Funds Plc - PGIM Multi-Sector Credit Fund's FairHorizon classification?
Das Family Office classifies this fund as FairHorizon Blue, meaning it is suitable for investors with a 2–4 years investment horizon. conservative bond-heavy allocation
What is the total expense ratio (TER) of the PGIM Funds Plc - PGIM Multi-Sector Credit Fund?
The PGIM Funds Plc - PGIM Multi-Sector Credit Fund has a total expense ratio of 0.48% per annum. The maximum recommended portfolio share is 100%.
What is the ISIN of the PGIM Funds Plc - PGIM Multi-Sector Credit Fund?
The ISIN of the PGIM Funds Plc - PGIM Multi-Sector Credit Fund share class tracked by Das Family Office is IE00BZ4CS792.
What are the historical returns of the PGIM Funds Plc - PGIM Multi-Sector Credit Fund?
As of the most recent month-end, the PGIM Funds Plc - PGIM Multi-Sector Credit Fund has delivered 3-year annualised total return of 6.34%, 5-year annualised total return of 4.23%. Past performance is not indicative of future results.
Is the PGIM Funds Plc - PGIM Multi-Sector Credit Fund accumulating or distributing?
The tracked share class (I Acc USD) is Accumulating — income is automatically reinvested into the fund.
What is the SFDR sustainability classification of the PGIM Funds Plc - PGIM Multi-Sector Credit Fund?
The PGIM Funds Plc - PGIM Multi-Sector Credit Fund is classified as Article 8 under the EU Sustainable Finance Disclosure Regulation (SFDR).
When was the PGIM Funds Plc - PGIM Multi-Sector Credit Fund launched?
The PGIM Funds Plc - PGIM Multi-Sector Credit Fund was incepted on 2016-09-26.