PCWRX Performance — PGIM Corporate Bond Fund, Class R
Data updated: 2025-06-25
PCWRX returned +6.77% over one year to Apr 2025. Annualised returns are +2.53% over 3 years and +0.26% over 5 years. The fund beat its Long-Term Corporate Bond category average: $100 invested three years ago grew to $108, against $105 for the category, and to $107 over one year, against $106. Volatility over the past three years was 8.60% a year. In the 12 months to Apr 2025 the fund lost a net $3.4M, and assets reached $20.75M.
PCWRX 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.
| Period | PCWRX | Category average |
|---|---|---|
| 1 year (May 2024 – Apr 2025) | $107 | $106 |
| 3 years (May 2022 – Apr 2025) | $108 | $105 |
| 5 years (May 2020 – Apr 2025) | $101 | $98 |
| Since data start (Aug 2019 – Apr 2025) | $104 | $104 |
PCWRX Trailing Returns
Total returns to Apr 2025, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +6.77% |
| 3 years (annualised) | +2.53% |
| 5 years (annualised) | +0.26% |
PCWRX Annual Returns
Calendar-year total returns of PGIM Corporate Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2025 (Jan–Apr) | +1.86% |
| 2024 | +2.14% |
| 2023 | +8.39% |
| 2022 | −16.75% |
| 2021 | −1.31% |
| 2020 | +8.91% |
| 2019 (Aug–Dec) | +3.24% |
PCWRX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | +0.5% | +2.0% | −0.4% | −0.2% | — | — | — | — | — | — | — | — |
| 2024 | +0.1% | −1.4% | +1.2% | −2.5% | +1.8% | +0.6% | +2.2% | +1.5% | +1.6% | −2.3% | +1.4% | −2.0% |
| 2023 | +4.4% | −3.2% | +2.7% | +0.8% | −1.5% | +0.4% | +0.4% | −0.8% | −2.6% | −1.8% | +5.5% | +4.2% |
| 2022 | −3.2% | −2.2% | −2.6% | −5.5% | +0.7% | −3.0% | +2.9% | −2.8% | −5.2% | −1.1% | +5.1% | −0.6% |
| 2021 | −1.1% | −1.6% | −1.6% | +1.1% | +0.7% | +1.6% | +1.2% | −0.3% | −1.1% | +0.1% | −0.1% | −0.2% |
| 2020 | +2.5% | +1.1% | −8.6% | +5.0% | +1.9% | +2.2% | +2.9% | −1.2% | −0.4% | −0.2% | +3.1% | +0.7% |
| 2019 | — | — | — | — | — | — | — | +3.2% | −0.8% | +0.5% | +0.1% | +0.2% |
PCWRX Risk
Risk measures from monthly returns over May 2022 – Apr 2025.
- 3-year volatility (annualised): 8.60%
- 3-year Sharpe ratio: -0.23 (vs 4.5% risk-free rate)
- Best month: +5.55% (Nov 2023)
- Worst month: −5.24% (Sep 2022)
PCWRX 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×
| Month | Sales | Redemptions | Net 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 |
PCWRX Assets Under Management
Net assets of PGIM Corporate Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net 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.