A: SDMAX
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C: SDMCX
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Z: SDMZX
|
R6: SDMQX
|
|
|
|
|
|
|
|
Class A
|
Class C
|
Class Z
|
Class R6
|
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
|
2.25%
|
None
|
None
|
None
|
Maximum deferred sales charge (load) (as a percentage of the lower of the original
purchase price or the net asset value at
redemption)
|
1.00%*
|
1.00%**
|
None
|
None
|
Maximum sales charge (load) imposed on reinvested dividends and other distributions
|
None
|
None
|
None
|
None
|
Redemption fee
|
None
|
None
|
None
|
None
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Exchange fee
|
None
|
None
|
None
|
None
|
Maximum account fee (accounts under $10,000)
|
$15
|
$15
|
None***
|
None
|
|
Class A
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Class C
|
Class Z
|
Class R6
|
Management fee
|
0.32%
|
0.32%
|
0.32%
|
0.32%
|
Distribution and service (12b-1) fees
|
0.25%
|
1.00%
|
None
|
None
|
Other expenses
|
0.10%
|
0.21%
|
0.14%
|
0.03%
|
Acquired Fund fees and expenses
|
0.01%
|
0.01%
|
0.01%
|
0.01%
|
Total annual Fund operating expenses
|
0.68%
|
1.54%
|
0.47%
|
0.36%
|
Fee waiver and/or expense reimbursement
|
(0.02)%
|
(0.02)%
|
(0.07)%
|
(0.03)%
|
Total annual Fund operating expenses after fee waiver and/or expense reimbursement(1)
|
0.66%
|
1.52%
|
0.40%
|
0.33%
|
Share Class
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$291
|
$436
|
$593
|
$1,051
|
Class C
|
$255
|
$484
|
$838
|
$1,601
|
Class Z
|
$41
|
$144
|
$256
|
$585
|
Class R6
|
$34
|
$113
|
$199
|
$453
|
Share Class
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$291
|
$436
|
$593
|
$1,051
|
Class C
|
$155
|
$484
|
$838
|
$1,601
|
Class Z
|
$41
|
$144
|
$256
|
$585
|
Class R6
|
$34
|
$113
|
$199
|
$453
|
|
Best Quarter:
|
Worst Quarter:
|
||
5.16%
|
2nd
Quarter
2020
|
-4.60%
|
1st
Quarter
2020
|
1 The total return for Class Z shares from January 1, 2023 to
|
September 30, 2023
|
was
|
3.67%
|
Return Before Taxes
|
One Year
|
Five Years
|
Since
Inception
|
Inception
Date
|
Class A Shares
|
-7.71%
|
0.41%
|
1.13%
|
12-23-2013
|
Class C Shares
|
-7.31%
|
0.01%
|
0.58%
|
12-23-2013
|
Class R6 Shares
|
-5.28%
|
1.21%
|
1.70%
|
12-23-2013
|
Class Z Shares % (as of 12-31-22)
|
||||
Return Before Taxes
|
-5.31%
|
1.15%
|
1.68%
|
12-23-2013
|
Return After Taxes on Distributions
|
-6.89%
|
-0.34%
|
0.28%
|
12-23-2013
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-3.14%
|
0.28%
|
0.68%
|
12-23-2013
|
Index % (reflects no deduction for fees, expenses or taxes) (as of 12-31-22)
|
||||
Bloomberg US Government/Credit 1-3 Year Index
|
-3.69%
|
0.92%
|
0.91%*
|
|
Investment Manager
|
Subadviser
|
Portfolio Managers
|
Title
|
Service Date
|
PGIM Investments LLC
|
PGIM Fixed Income*
|
Gregory Peters
|
Managing Director and
Co-Chief Investment
Officer
|
March 2014
|
|
|
Richard Piccirillo
|
Managing Director and
Senior Portfolio
Manager
|
December 2013
|
|
|
Robert Tipp, CFA
|
Managing Director,
Chief Investment
Strategist and Head of
Global Bonds
|
December 2013
|
|
|
Matthew Angelucci, CFA
|
Principal and Portfolio
Manager
|
September 2023
|
|
|
Tyler Thorn
|
Principal and Portfolio
Manager
|
September 2023
|
|
Class A*
|
Class C*
|
Class Z*
|
Class R6
|
Minimum initial investment
|
$1,000
|
$1,000
|
None
|
None
|
Minimum subsequent investment
|
$100
|
$100
|
None
|
None
|
By Mail:
|
Prudential Mutual Fund Services LLC, PO Box 534432, Pittsburgh, PA 15253-4432
|
By Telephone:
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800-225-1852 or 973-367-3529 (outside the US)
|
On the Internet:
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www.pgim.com/investments
|