PBSMX Performance — PGIM Short-Term Corporate Bond Fund, Class A
Data updated: 2026-08-26
PBSMX returned +0.70% year to date and +3.51% over one year to Jun 2026. Annualised returns are +5.51% over 3 years and +2.13% over 5 years. The fund trailed its Short-Term Corporate Bond category average: $100 invested three years ago grew to $117, against $121 for the category, and to $104 over one year, against $105. Volatility over the past three years was 2.39% a year. In the 12 months to Jun 2026 the fund lost a net $221.5M, and assets reached $8.09B.
PBSMX Growth of $100
What $100 invested in PGIM Short-Term Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Corporate Bond category average over the same months.
| Period | PBSMX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $104 | $105 |
| 3 years (Jul 2023 – Jun 2026) | $117 | $121 |
| 5 years (Jul 2021 – Jun 2026) | $111 | $117 |
| Since data start (Jul 2019 – Jun 2026) | $119 | $128 |
PBSMX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +0.70% |
| 1 year | +3.51% |
| 3 years (annualised) | +5.51% |
| 5 years (annualised) | +2.13% |
PBSMX Annual Returns
Calendar-year total returns of PGIM Short-Term Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +0.70% |
| 2025 | +6.39% |
| 2024 | +4.86% |
| 2023 | +6.61% |
| 2022 | −6.72% |
| 2021 | −0.56% |
| 2020 | +5.14% |
| 2019 (Jul–Dec) | +1.93% |
PBSMX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.3% | +0.7% | −1.0% | +0.4% | +0.1% | +0.1% | — | — | — | — | — | — |
| 2025 | +0.6% | +0.9% | +0.4% | +0.5% | +0.2% | +0.9% | +0.1% | +1.1% | +0.4% | +0.3% | +0.5% | +0.3% |
| 2024 | +0.5% | −0.5% | +0.7% | −0.8% | +1.1% | +0.6% | +1.6% | +1.1% | +0.9% | −0.8% | +0.6% | −0.1% |
| 2023 | +1.8% | −1.2% | +1.5% | +0.7% | −0.4% | −0.3% | +0.7% | +0.2% | −0.5% | −0.1% | +2.3% | +2.0% |
| 2022 | −1.4% | −0.9% | −1.9% | −1.5% | +0.5% | −1.5% | +1.4% | −1.1% | −2.2% | −0.3% | +1.8% | +0.2% |
| 2021 | 0.0% | −0.3% | −0.4% | +0.4% | +0.3% | −0.1% | +0.3% | 0.0% | −0.2% | −0.6% | −0.3% | +0.2% |
| 2020 | +0.9% | +0.6% | −5.1% | +3.3% | +1.8% | +1.2% | +1.1% | +0.4% | −0.3% | +0.2% | +0.8% | +0.5% |
| 2019 | — | — | — | — | — | — | +0.1% | +1.1% | −0.1% | +0.5% | 0.0% | +0.4% |
PBSMX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.39%
- 3-year Sharpe ratio: 0.42 (vs 4.5% risk-free rate)
- Best month: +2.28% (Nov 2023)
- Worst month: −0.96% (Mar 2026)
PBSMX Fund Flows
Monthly money in and out of PGIM Short-Term Corporate Bond Fund, from SEC Form N-PORT.
- 12-month net flow: −$221.5M
- 12-month gross sales (incl. reinvestments): $2.1B
- Sales ÷ redemptions: 0.90×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $164.8M | $191.4M | −$26.6M |
| May 2026 | $154.5M | $181.1M | −$26.6M |
| Apr 2026 | $164.4M | $197.9M | −$33.5M |
| Mar 2026 | $152.3M | $198.1M | −$45.8M |
| Feb 2026 | $178.6M | $191.9M | −$13.3M |
| Jan 2026 | $179.7M | $209.8M | −$30.1M |
| Dec 2025 | $172.4M | $219.6M | −$47.2M |
| Nov 2025 | $168.4M | $184.9M | −$16.5M |
| Oct 2025 | $191.9M | $248.1M | −$56.1M |
| Sep 2025 | $172.8M | $162.0M | $10.9M |
| Aug 2025 | $176.4M | $152.4M | $24.1M |
| Jul 2025 | $186.5M | $147.3M | $39.1M |
PBSMX Assets Under Management
Net assets of PGIM Short-Term Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $8.09B |
| 2026-03-31 | $8.20B |
| 2025-12-31 | $8.36B |
| 2025-09-30 | $8.47B |
| 2025-06-30 | $8.34B |
| 2025-03-31 | $8.24B |
| 2024-12-31 | $8.27B |
| 2024-09-30 | $8.62B |
| 2024-06-28 | $8.55B |
| 2024-03-28 | $8.82B |
| 2023-12-29 | $9.04B |
| 2023-09-29 | $9.20B |
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.