Diversified Bond Portfolio
Data updated: 2026-08-26
C000226561 — Diversified Bond Portfolio. Long Total / Aggregate Bond · $2.49B AUM · 0.68% expense ratio. Holdings, fees, performance and SEC filings.
C000226561 Fund Overview
Diversified Bond Portfolio is a US mutual fund managed by Prudential Series Fund, categorised as Long Total / Aggregate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Prudential Series Fund
- Category: Long Total / Aggregate Bond
- Assets under management: $2.49B
- 1-year return: 4.2%
- SEC CIK: 0000711175
- SEC series ID: S000002206
- Share class ID: C000226561
C000226561 Investment Objective and Strategy
Diversified Bond Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Prudential Series Fund.
Investment objective
The investment objective of the Portfolio is a high level of income over a longer term while providing reasonable safety of capital.
Principal investment strategy
In pursuing its investment objective, the Portfolio normally invests at least 80% of its assets (net assets plus any borrowings made for investment purposes) in bonds. The Portfolio normally invests at least 70% of its investable assets in investment grade debt obligations and high-quality money market investments. The Portfolio will normally invest in intermediate and long-term debt obligations, but will adjust the mix of its short-term, intermediate-term and long-term debt obligations in an attempt to benefit from price appreciation when interest rates go down and to incur smaller declines when interest rates go up. In addition, the Portfolio may also invest up to 30% of its assets in lower rated securities which are riskier and considered speculative (sometimes referred to as junk bonds).
The Portfolio also may invest up to 20% of its total assets in debt securities issued outside the US by US or foreign issuers whether or not such securities are denominated in the US dollar. The Portfolio may invest in mortgage-related securities and asset-backed securities, including collateralized debt obligations (CDOs), collateralized loan obligations and other credit-related asset-backed securities. No more than 20% of the Portfolio's net assets may be invested in CDOs. Within this limitation, the Portfolio will primarily invest in CDOs rated AAA or AA by a major rating service. The Portfolio may also enter into short sales against-the-box. No more than 25% of the Portfolio's net assets may be used as collateral or segregated for purposes of securing a short sale obligation. The Portfolio may participate with certain other Portfolios of the Trust in a joint repurchase account under an order obtained from the SEC.
The Portfolio may also invest up to 30% of its net assets in reverse repurchase agreements and dollar rolls. In managing the Portfolios assets, the Portfolios subadviser, PGIM Fixed Income, uses a combination of top-down economic analysis and bottom-up research in conjunction with proprietary quantitative models and risk management systems. In the top-down economic analysis, the subadviser develops views on economic, policy and market trends. In its bottom-up research, the subadviser develops an internal rating and outlook on issuers. The rating and outlook are determined based on a thorough review of the financial health and trends of the issuer. The subadviser may also consider investment factors such as expected total return, yield, spread, and potential for price appreciation as well as credit quality, maturity and risk.
The Portfolio may invest in a security based upon the expected total return rather than the yield of such security.
C000226561 Holdings
Top 10 holdings of Diversified Bond Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 3.37% |
| United States Of America - Bureau Of The Public Debt | 3.03% |
| United States Of America - Bureau Of The Public Debt | 2.40% |
| United States Of America - Bureau Of The Public Debt | 1.96% |
| United States Of America - Bureau Of The Public Debt | 1.92% |
| United States Of America - Bureau Of The Public Debt | 1.32% |
| United States Of America - Bureau Of The Public Debt | 1.29% |
| United States Of America - Bureau Of The Public Debt | 1.10% |
| Battalion Clo Ltd. 2024-25 | 0.90% |
| Federal Home Loan Mortgage Corp. | 0.83% |
C000226561 Portfolio Allocation
Asset-class allocation of Diversified Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 57.3% |
| Securitized | 41.0% |
| Cash & Equivalents | 1.1% |
| Loans | 0.9% |
| Derivatives | 0.3% |
| Equity | 0.3% |
| Real Estate | 0.1% |
C000226561 Performance
Total returns for C000226561 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 0.9% |
| 1 year | 4.2% |
| 3 years (annualised) | 5.1% |
| 5 years (annualised) | 0.3% |
C000226561 Risk Information
Risk metrics for C000226561, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 3.3%
C000226561 Costs and Fees
C000226561 costs about $68 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.68%
- Gross expense ratio: 0.68%
- Portfolio turnover: 96%
- Brokerage commissions: 0.45 bps of average net assets (SEC N-CEN)
C000226561 Cashflows
Over the 12 months to 2026-06, Diversified Bond Portfolio had net outflows of $94.27M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.75M |
| 2026-05 | $895.73K |
| 2026-04 | $10.47M |
| 2026-03 | −$4.48M |
| 2026-02 | $7.13M |
| 2026-01 | −$8.35M |
C000226561 Debt Constituents
Largest debt holdings of Diversified Bond Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| United States Of America - Bureau Of The Public Debt | 3.37% |
| United States Of America - Bureau Of The Public Debt | 3.03% |
| United States Of America - Bureau Of The Public Debt | 2.40% |
| United States Of America - Bureau Of The Public Debt | 1.96% |
| United States Of America - Bureau Of The Public Debt | 1.92% |
| United States Of America - Bureau Of The Public Debt | 1.32% |
| United States Of America - Bureau Of The Public Debt | 1.29% |
| United States Of America - Bureau Of The Public Debt | 1.10% |
| United States Of America - Bureau Of The Public Debt | 0.71% |
| United States Of America - Bureau Of The Public Debt | 0.61% |
C000226561 Prospectus and SEC Filings
Official Diversified Bond Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-16
- Prospectus (485BPOS) — filed 2025-04-17
- Prospectus (485BPOS) — filed 2024-04-19
- Portfolio holdings (N-PORT) — filed 2026-08-26
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-03-13
- Annual census (N-CEN) — filed 2025-03-14
Related Funds
Other Long Total / Aggregate Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.