PHEQX Performance — PGIM Global Total Return (USD Hedged) Fund, Class R6
Data updated: 2026-09-29
PHEQX returned −0.08% year to date and +2.50% over one year to Jul 2026. Annualised returns are +5.65% over 3 years and +0.47% over 5 years. Against its Global Intermediate Core Bond category average the fund came out ahead over three years but behind over one: $100 invested three years ago grew to $118, against $115 for the category, and to $103 over one year, against $103. Volatility over the past three years was 4.69% a year. In the 12 months to Jul 2026 the fund lost a net $5.3M, and assets reached $29.79M.
PHEQX Growth of $100
What $100 invested in PGIM Global Total Return (USD Hedged) Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Intermediate Core Bond category average over the same months.
| Period | PHEQX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $103 |
| 3 years (Aug 2023 – Jul 2026) | $118 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $102 | $102 |
| Since data start (Aug 2019 – Jul 2026) | $112 | $111 |
PHEQX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.08% |
| 1 year | +2.50% |
| 3 years (annualised) | +5.65% |
| 5 years (annualised) | +0.47% |
PHEQX Annual Returns
Calendar-year total returns of PGIM Global Total Return (USD Hedged) Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.08% |
| 2025 | +7.43% |
| 2024 | +4.52% |
| 2023 | +11.43% |
| 2022 | −16.69% |
| 2021 | −3.39% |
| 2020 | +8.46% |
| 2019 (Aug–Dec) | +2.89% |
PHEQX 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% | +1.8% | −2.7% | +0.8% | +0.6% | +0.7% | −1.5% | — | — | — | — | — |
| 2025 | +0.9% | +1.5% | −0.4% | +1.1% | 0.0% | +1.3% | +0.2% | +1.1% | +0.8% | +0.9% | +0.2% | −0.4% |
| 2024 | +0.2% | −0.1% | +1.1% | −1.3% | +1.1% | +0.7% | +1.9% | +1.0% | +1.2% | −1.4% | +1.1% | −1.0% |
| 2023 | +3.1% | −1.4% | +1.5% | +0.9% | 0.0% | +1.2% | +0.5% | −0.1% | −1.7% | −0.8% | +4.2% | +3.5% |
| 2022 | −2.5% | −3.8% | −2.3% | −4.4% | −0.5% | −3.1% | +3.2% | −2.7% | −4.1% | −0.1% | +3.7% | −1.0% |
| 2021 | −1.1% | −3.3% | −1.0% | +0.5% | +0.4% | +1.3% | +1.5% | −0.1% | −1.7% | −0.5% | +0.4% | 0.0% |
| 2020 | +2.3% | +0.7% | −7.1% | +2.9% | +3.4% | +1.4% | +2.5% | −0.5% | +0.3% | −0.4% | +2.1% | +1.0% |
| 2019 | — | — | — | — | — | — | — | +2.4% | +0.2% | +0.1% | −0.2% | +0.4% |
PHEQX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 4.69%
- 3-year Sharpe ratio: 0.24 (vs 4.5% risk-free rate)
- Best month: +4.21% (Nov 2023)
- Worst month: −2.69% (Mar 2026)
PHEQX Fund Flows
Monthly money in and out of PGIM Global Total Return (USD Hedged) Fund, from SEC Form N-PORT.
- 12-month net flow: −$5.3M
- 12-month gross sales (incl. reinvestments): $14.2M
- Sales ÷ redemptions: 0.73×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $939K | $1.6M | −$703K |
| Jun 2026 | $1.4M | $1.6M | −$250K |
| May 2026 | $637K | $754K | −$118K |
| Apr 2026 | $1.5M | $961K | $564K |
| Mar 2026 | $1.0M | $1.5M | −$508K |
| Feb 2026 | $734K | $1.6M | −$871K |
| Jan 2026 | $1.7M | $5.2M | −$3.5M |
| Dec 2025 | $1.9M | $2.2M | −$328K |
| Nov 2025 | $716K | $598K | $118K |
| Oct 2025 | $1.5M | $976K | $546K |
| Sep 2025 | $679K | $1.2M | −$529K |
| Aug 2025 | $1.5M | $1.2M | $264K |
PHEQX Assets Under Management
Net assets of PGIM Global Total Return (USD Hedged) Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $29.79M |
| 2026-04-30 | $31.24M |
| 2026-01-30 | $32.42M |
| 2025-10-31 | $36.46M |
| 2025-07-31 | $35.54M |
| 2025-04-30 | $53.13M |
| 2025-01-31 | $49.33M |
| 2024-10-31 | $46.11M |
| 2024-07-31 | $94.29M |
| 2024-04-30 | $82.57M |
| 2024-01-31 | $107.62M |
| 2023-10-31 | $97.37M |
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.