HYSZX Performance — PGIM Short Duration High Yield Income Fund, Class Z

Data updated: 2026-07-27

HYSZX returned +1.59% year to date and +6.12% over one year to May 2026. Annualised returns are +8.14% over 3 years and +4.69% over 5 years. Against its High Yield Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $126, against $126 for the category, and to $106 over one year, against $107. Volatility over the past three years was 3.49% a year. In the 12 months to May 2026 the fund took in a net $396.5M, and assets reached $5.21B.

HYSZX Growth of $100

What $100 invested in PGIM Short Duration High Yield Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the High Yield Bond category average over the same months.

PeriodHYSZXCategory average
1 year (Jun 2025 – May 2026)$106$107
3 years (Jun 2023 – May 2026)$126$126
5 years (Jun 2021 – May 2026)$126$120
Since data start (Sep 2019 – May 2026)$139$132

HYSZX Trailing Returns

Total returns to May 2026, from SEC N-PORT.

PeriodTotal return
YTD+1.59%
1 year+6.12%
3 years (annualised)+8.14%
5 years (annualised)+4.69%

HYSZX Annual Returns

Calendar-year total returns of PGIM Short Duration High Yield Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.

YearTotal return
2026 (Jan–May)+1.59%
2025+7.80%
2024+6.99%
2023+11.33%
2022−5.64%
2021+5.89%
2020+4.14%
2019 (Sep–Dec)+2.58%

HYSZX Monthly Returns

Monthly total returns as reported on SEC Form N-PORT.

YearJanFebMarAprMayJunJulAugSepOctNovDec
2026+0.4%+0.3%−0.9%+1.4%+0.4%———————
2025+1.4%+0.7%−0.6%+0.3%+1.4%+1.6%+0.4%+1.0%+0.1%+0.3%+0.5%+0.5%
2024−0.1%+0.4%+1.1%−0.9%+1.1%+0.9%+1.6%+1.4%+1.3%−0.4%+0.7%−0.3%
2023+2.6%−1.0%+1.1%+0.9%−0.5%+1.3%+1.4%+0.4%−1.1%−0.8%+3.5%+3.1%
2022−1.3%−0.4%−0.5%−1.9%+0.2%−5.0%+4.2%−1.2%−2.8%+1.9%+1.8%−0.5%
2021+0.9%+0.9%+0.6%+0.8%+0.5%+0.5%+0.3%+0.5%+0.1%+0.1%−0.6%+1.2%
2020−0.1%−1.3%−10.6%+3.9%+4.1%+0.9%+3.1%+1.0%−0.2%+0.1%+2.6%+1.3%
2019————————+0.4%+0.1%+0.7%+1.3%

HYSZX Risk

Risk measures from monthly returns over Jun 2023 – May 2026.

  • 3-year volatility (annualised): 3.49%
  • 3-year Sharpe ratio: 1.04 (vs 4.5% risk-free rate)
  • Best month: +3.48% (Nov 2023)
  • Worst month: −1.10% (Sep 2023)

HYSZX Fund Flows

Monthly money in and out of PGIM Short Duration High Yield Income Fund, from SEC Form N-PORT.

  • 12-month net flow: $396.5M
  • 12-month gross sales (incl. reinvestments): $2.0B
  • Sales ÷ redemptions: 1.25×
MonthSalesRedemptionsNet flow
May 2026$144.3M$132.1M$12.3M
Apr 2026$134.5M$168.4M−$33.9M
Mar 2026$145.3M$204.0M−$58.7M
Feb 2026$212.8M$124.6M$88.3M
Jan 2026$182.1M$142.8M$39.3M
Dec 2025$173.0M$147.5M$25.4M
Nov 2025$151.3M$90.7M$60.6M
Oct 2025$157.5M$151.8M$5.7M
Sep 2025$152.1M$109.7M$42.4M
Aug 2025$207.3M$81.9M$125.5M
Jul 2025$169.0M$120.1M$49.0M
Jun 2025$152.3M$111.6M$40.6M

HYSZX Assets Under Management

Net assets of PGIM Short Duration High Yield Income Fund by report date, from SEC N-PORT filings.

Report dateNet assets
2026-05-29$5.21B
2026-02-27$5.32B
2025-11-28$5.19B
2025-08-29$5.12B
2025-05-30$4.83B
2025-02-28$5.06B
2024-11-29$4.94B
2024-08-30$4.90B
2024-05-31$4.82B
2024-02-29$4.76B
2023-11-30$4.60B
2023-08-31$4.64B

For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.