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R6: PQCNX
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Class R6
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Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
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None
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Maximum deferred sales charge (load) (as a percentage of the lower of the original
purchase price or the net asset value at redemption)
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None
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Maximum sales charge (load) imposed on reinvested dividends and other distributions
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None
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Redemption fee
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None
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Exchange fee
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None
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Maximum account fee (accounts under $10,000)
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None
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Class R6
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Management fee
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0.19%
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Distribution and service (12b-1) fees
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None
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Other expenses
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0.35%
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Total annual Fund operating expenses
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0.54%
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Fee waiver and/or expense reimbursement
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(0.35)%
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Total annual Fund operating expenses after fee waiver and/or expense reimbursement(1)
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0.19%
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Share Class
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1 Year
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3 Years
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5 Years
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10 Years
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Class R6
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$19
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$138
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$267
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$643
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Share Class
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1 Year
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3 Years
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5 Years
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10 Years
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Class R6
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$19
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$138
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$267
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$643
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![]() |
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Best Quarter:
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Worst Quarter:
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6.83%
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4th
Quarter
2023
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-6.03%
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1st
Quarter
2022
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1 The total return of the Fund's Class R6 shares from January 1, 2026 through
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June 30, 2026
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was
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0.81%
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One Year
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Five Years
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Since
Inception
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Inception
Date
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Return Before Taxes
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7.11%
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-0.67%
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1.47%
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11-15-2016
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Return After Taxes on Distributions
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5.30%
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-1.96%
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0.27%
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11-15-2016
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Return After Taxes on Distributions and Sale of Fund Shares
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4.18%
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-1.05%
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0.62%
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11-15-2016
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Index % (reflects no deduction for fees, expenses or taxes) (as of 12-31-25)
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Bloomberg US Aggregate Bond Index
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7.30%
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-0.36%
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1.93%*
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Investment Manager
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Subadvisers
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Portfolio Managers
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Title
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Service Date
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PGIM Investments LLC
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PGIM Credit*
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Stewart Wong, CLU,
ChFC
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Managing Director and
Head of Agency
Mortgage Backed
Securities
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November 2016
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Gregory Peters
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Co-Chief Investment
Officer of PGIM Credit
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April 2019
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Michael Marinelli
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Executive Director and
Portfolio Manager
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September 2021
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Tom McCartan, FIA, CFA
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Managing Director and
Portfolio Manager
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September 2023
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Class R6
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Minimum initial investment
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None
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Minimum subsequent investment
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None
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By Mail:
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Prudential Mutual Fund Services LLC, PO Box 534432, Pittsburgh, PA 15253-4432
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By Telephone:
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800-225-1852 or 973-367-3529 (outside the US)
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On the Internet:
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www.pgim.com/investments
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