PCWAX — PGIM Corporate Bond Fund
Data updated: 2025-06-25
PCWAX — PGIM Corporate Bond Fund data: holdings, portfolio allocation, expenses, performance, cashflows, risk and SEC filings. Long Corporate Bond · $20.75M AUM · 0.80% expense ratio · 7.1% 1-yr return. From SEC regulatory filings.
PCWAX Fund Overview
PCWAX — PGIM Corporate Bond Fund is a US mutual fund managed by Target Portfolio Trust, categorised as Long Corporate Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Target Portfolio Trust
- Category: Long Corporate Bond
- Assets under management: $20.75M
- 1-year return: 7.1%
- Ticker: PCWAX
- SEC CIK: 0000890339
- SEC series ID: S000004687
- Share class ID: C000156672
PCWAX Holdings
Top 10 holdings of PGIM Corporate Bond Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Morgan Stanley | 2.11% |
| (PIPA070) PGIM Core Government Money Market Fund | 1.99% |
| Puget Energy, Inc. | 1.92% |
| Wells Fargo & Company | 1.79% |
| Bank Of America Corp. | 1.34% |
| Bank Of America Corp. | 1.27% |
| Morgan Stanley BAML Trust | 1.27% |
| CFCRE Commercial Mortgage Trus | 1.25% |
| JPMorgan Chase & Co. | 1.24% |
| Societe Generale | 1.18% |
PCWAX Portfolio Allocation
Asset-class allocation of PGIM Corporate Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 87.5% |
| Securitized | 8.5% |
| Cash & Equivalents | 2.3% |
PCWAX Performance
Total returns for PCWAX (as of 2026-08-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 7.1% |
| 3 years (annualised) | 2.8% |
| 5 years (annualised) | 0.5% |
PCWAX Risk Information
Risk metrics for PCWAX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.3%
PCWAX Costs and Fees
PCWAX costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 1.80%
- Portfolio turnover: 17%
- Brokerage commissions: 0.15 bps of average net assets (SEC N-CEN)
PCWAX Cashflows
Over the 12 months to 2025-04, PGIM Corporate Bond Fund had net outflows of $3.40M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-04 | −$75.85K |
| 2025-03 | −$170.60K |
| 2025-02 | −$385.60K |
| 2025-01 | −$632.54K |
| 2024-12 | −$644.43K |
| 2024-11 | −$635.83K |
PCWAX Debt Constituents
Largest debt holdings of PGIM Corporate Bond Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Morgan Stanley | 2.11% |
| Puget Energy, Inc. | 1.92% |
| Wells Fargo & Company | 1.79% |
| Bank Of America Corp. | 1.34% |
| Bank Of America Corp. | 1.27% |
| JPMorgan Chase & Co. | 1.24% |
| Societe Generale | 1.18% |
| Bank Of America Corp. | 1.15% |
| JPMorgan Chase & Co. | 1.13% |
| Wells Fargo & Company | 1.11% |
PCWAX Prospectus and SEC Filings
Official PGIM Corporate Bond Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Long Corporate 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.