PCWCX Performance — PGIM Corporate Bond Fund, Class C

Data updated: 2025-06-25

PCWCX returned +6.26% over one year to Apr 2025. Annualised returns are +2.03% over 3 years and −0.25% over 5 years. The fund beat its Long-Term Corporate Bond category average: $100 invested three years ago grew to $106, against $105 for the category, and to $106 over one year, against $106. Volatility over the past three years was 8.58% a year. In the 12 months to Apr 2025 the fund lost a net $3.4M, and assets reached $20.75M.

PCWCX Growth of $100

What $100 invested in PGIM Corporate Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Long-Term Corporate Bond category average over the same months.

PeriodPCWCXCategory average
1 year (May 2024 – Apr 2025)$106$106
3 years (May 2022 – Apr 2025)$106$105
5 years (May 2020 – Apr 2025)$99$98
Since data start (Aug 2019 – Apr 2025)$101$104

PCWCX Trailing Returns

Total returns to Apr 2025, from SEC N-PORT.

PeriodTotal return
1 year+6.26%
3 years (annualised)+2.03%
5 years (annualised)−0.25%

PCWCX Annual Returns

Calendar-year total returns of PGIM Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.

YearTotal return
2025 (Jan–Apr)+1.69%
2024+1.76%
2023+7.75%
2022−17.17%
2021−1.80%
2020+8.38%
2019 (Aug–Dec)+3.02%

PCWCX Monthly Returns

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

YearJanFebMarAprMayJunJulAugSepOctNovDec
2025+0.4%+1.9%−0.4%−0.2%————————
2024+0.1%−1.4%+1.2%−2.5%+1.8%+0.5%+2.2%+1.4%+1.5%−2.3%+1.3%−2.0%
2023+4.3%−3.2%+2.6%+0.7%−1.5%+0.3%+0.3%−0.8%−2.7%−1.8%+5.5%+4.1%
2022−3.2%−2.2%−2.6%−5.6%+0.7%−3.0%+2.8%−2.9%−5.3%−1.2%+5.0%−0.7%
2021−1.1%−1.7%−1.7%+1.1%+0.7%+1.6%+1.2%−0.4%−1.1%0.0%−0.1%−0.2%
2020+2.5%+1.1%−8.6%+5.1%+1.8%+2.2%+2.9%−1.2%−0.4%−0.2%+3.0%+0.6%
2019———————+3.2%−0.9%+0.4%+0.1%+0.2%

PCWCX Risk

Risk measures from monthly returns over May 2022 – Apr 2025.

  • 3-year volatility (annualised): 8.58%
  • 3-year Sharpe ratio: -0.29 (vs 4.5% risk-free rate)
  • Best month: +5.51% (Nov 2023)
  • Worst month: −5.28% (Sep 2022)

PCWCX Fund Flows

Monthly money in and out of PGIM Corporate Bond Fund, from SEC Form N-PORT.

  • 12-month net flow: −$3.4M
  • 12-month gross sales (incl. reinvestments): $2.1M
  • Sales ÷ redemptions: 0.38×
MonthSalesRedemptionsNet flow
Apr 2025$167K$243K−$76K
Mar 2025$276K$447K−$171K
Feb 2025$193K$579K−$386K
Jan 2025$170K$803K−$633K
Dec 2024$74K$719K−$644K
Nov 2024$154K$790K−$636K
Oct 2024$74K$251K−$177K
Sep 2024$159K$306K−$147K
Aug 2024$205K$284K−$80K
Jul 2024$440K$431K$9K
Jun 2024$69K$228K−$159K
May 2024$96K$399K−$304K

PCWCX Assets Under Management

Net assets of PGIM Corporate Bond Fund by report date, from SEC N-PORT filings.

Report dateNet assets
2025-04-30$20.75M
2025-01-31$21.27M
2024-10-31$23.42M
2024-07-31$23.84M
2024-04-30$23.40M
2024-01-31$24.57M
2023-10-31$23.37M
2023-07-31$25.57M
2023-04-28$26.72M
2023-01-31$29.39M
2022-10-31$30.06M
2022-07-29$35.57M

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.