PQBMX Performance — PGIM Quant Solutions US Broad Market Index Fund, Class R6
Data updated: 2023-12-22
PQBMX returned +8.80% over one year to Oct 2023. The annualised 3-year return is +9.99%. The fund beat its Global Multi-Cap Blend category average: $100 invested three years ago grew to $133, against $116 for the category, and to $109 over one year, against $105. Volatility over the past three years was 17.91% a year. In the 12 months to Oct 2023 the fund took in a net $26.2M, and assets reached $37.86M.
PQBMX Growth of $100
What $100 invested in PGIM Quant Solutions US Broad Market Index Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Global Multi-Cap Blend category average over the same months.
| Period | PQBMX | Category average |
|---|---|---|
| 1 year (Nov 2022 – Oct 2023) | $109 | $105 |
| 3 years (Nov 2020 – Oct 2023) | $133 | $116 |
| Since data start (Aug 2019 – Oct 2023) | $148 | $120 |
PQBMX Trailing Returns
Total returns to Oct 2023, from SEC N-PORT.
| Period | Total return |
|---|---|
| 1 year | +8.80% |
| 3 years (annualised) | +9.99% |
PQBMX Annual Returns
Calendar-year total returns of PGIM Quant Solutions US Broad Market Index Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2023 (Jan–Oct) | +9.38% |
| 2022 | −17.80% |
| 2021 | +27.82% |
| 2020 | +18.06% |
| 2019 (Aug–Dec) | +9.00% |
PQBMX 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023 | +6.6% | −2.4% | +3.0% | +1.3% | +0.2% | +6.7% | +3.4% | −1.8% | −4.8% | −2.4% | — | — |
| 2022 | −5.2% | −2.7% | +3.4% | −8.6% | +0.2% | −8.3% | +9.3% | −4.0% | −9.2% | +8.3% | +5.6% | −5.8% |
| 2021 | −0.7% | +3.0% | +4.3% | +5.2% | +0.7% | +2.0% | +1.9% | +2.9% | −4.6% | +6.8% | −0.8% | +4.5% |
| 2020 | −0.3% | −8.4% | −12.6% | +12.8% | +4.9% | +2.0% | +5.4% | +6.8% | −3.8% | −2.3% | +11.2% | +4.1% |
| 2019 | — | — | — | — | — | — | — | −1.8% | +1.9% | +2.1% | +3.5% | +3.0% |
PQBMX Risk
Risk measures from monthly returns over Nov 2020 – Oct 2023.
- 3-year volatility (annualised): 17.91%
- 3-year Sharpe ratio: 0.31 (vs 4.5% risk-free rate)
- Best month: +11.24% (Nov 2020)
- Worst month: −9.22% (Sep 2022)
PQBMX Fund Flows
Monthly money in and out of PGIM Quant Solutions US Broad Market Index Fund, from SEC Form N-PORT.
- 12-month net flow: $26.2M
- 12-month gross sales (incl. reinvestments): $10.6M
- Sales ÷ redemptions: -0.69×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Oct 2023 | $614K | −$269K | $883K |
| Sep 2023 | $775K | −$560K | $1.3M |
| Aug 2023 | $335K | −$1.2M | $1.6M |
| Jul 2023 | $357K | −$1.4M | $1.8M |
| Jun 2023 | $245K | −$1.3M | $1.5M |
| May 2023 | $359K | −$1.1M | $1.5M |
| Apr 2023 | $336K | −$2.0M | $2.4M |
| Mar 2023 | $985K | −$1.1M | $2.1M |
| Feb 2023 | $471K | −$844K | $1.3M |
| Jan 2023 | $238K | −$4.0M | $4.3M |
| Dec 2022 | $4.8M | −$176K | $4.9M |
| Nov 2022 | $1.2M | −$1.5M | $2.6M |
PQBMX Assets Under Management
Net assets of PGIM Quant Solutions US Broad Market Index Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2023-10-31 | $37.86M |
| 2023-07-31 | $41.82M |
| 2023-04-28 | $40.62M |
| 2023-01-31 | $42.04M |
| 2022-10-31 | $43.19M |
| 2022-07-29 | $47.47M |
| 2022-04-29 | $50.09M |
| 2022-01-31 | $58.88M |
| 2021-10-29 | $62.19M |
| 2021-07-30 | $64.47M |
| 2021-04-30 | $68.68M |
| 2021-01-29 | $77.35M |
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.