PRICX Performance — PGIM Government Income Fund, Class C
Data updated: 2026-07-27
PRICX returned −0.29% year to date and +3.41% over one year to May 2026. Annualised returns are +2.19% over 3 years and −1.88% over 5 years. The fund trailed its Intermediate Core Bond category average: $100 invested three years ago grew to $107, against $115 for the category, and to $103 over one year, against $105. Volatility over the past three years was 5.62% a year. In the 12 months to May 2026 the fund lost a net $11.4M, and assets reached $220.47M.
PRICX Growth of $100
What $100 invested in PGIM Government Income Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Core Bond category average over the same months.
| Period | PRICX | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $103 | $105 |
| 3 years (Jun 2023 – May 2026) | $107 | $115 |
| 5 years (Jun 2021 – May 2026) | $91 | $103 |
| Since data start (Sep 2019 – May 2026) | $91 | $109 |
PRICX Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.29% |
| 1 year | +3.41% |
| 3 years (annualised) | +2.19% |
| 5 years (annualised) | −1.88% |
PRICX Annual Returns
Calendar-year total returns of PGIM Government Income Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −0.30% |
| 2025 | +5.81% |
| 2024 | −0.38% |
| 2023 | +3.45% |
| 2022 | −15.02% |
| 2021 | −4.57% |
| 2020 | +5.08% |
| 2019 (Sep–Dec) | −1.28% |
PRICX 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 | +0.2% | +1.7% | −2.0% | −0.2% | +0.1% | — | — | — | — | — | — | — |
| 2025 | +0.6% | +2.3% | −0.1% | +0.3% | −1.1% | +1.5% | −0.6% | +1.2% | +0.9% | +0.5% | +0.5% | −0.4% |
| 2024 | −0.2% | −1.6% | +0.6% | −2.5% | +1.6% | +0.8% | +2.4% | +1.1% | +1.2% | −2.8% | +1.0% | −1.8% |
| 2023 | +3.3% | −2.5% | +1.9% | +0.4% | −1.1% | −0.6% | −0.3% | −0.7% | −2.6% | −1.8% | +4.2% | +3.6% |
| 2022 | −1.9% | −1.2% | −3.5% | −3.4% | +0.1% | −1.6% | +1.5% | −2.8% | −4.1% | −1.4% | +3.2% | −1.1% |
| 2021 | −0.5% | −1.5% | −1.5% | +0.6% | −0.1% | 0.0% | +0.9% | −0.4% | −1.0% | −0.8% | +0.2% | −0.5% |
| 2020 | +1.8% | +1.8% | +0.8% | +0.5% | +0.1% | +0.2% | +0.8% | −0.7% | +0.2% | −0.7% | +0.4% | −0.2% |
| 2019 | — | — | — | — | — | — | — | — | −0.6% | 0.0% | −0.2% | −0.4% |
PRICX Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 5.62%
- 3-year Sharpe ratio: -0.41 (vs 4.5% risk-free rate)
- Best month: +4.23% (Nov 2023)
- Worst month: −2.76% (Oct 2024)
PRICX Fund Flows
Monthly money in and out of PGIM Government Income Fund, from SEC Form N-PORT.
- 12-month net flow: −$11.4M
- 12-month gross sales (incl. reinvestments): $43.1M
- Sales ÷ redemptions: 0.79×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $3.7M | $3.3M | $369K |
| Apr 2026 | $4.7M | $5.6M | −$883K |
| Mar 2026 | $11.0M | $4.5M | $6.6M |
| Feb 2026 | $4.1M | $5.4M | −$1.3M |
| Jan 2026 | $3.6M | $4.5M | −$942K |
| Dec 2025 | $3.4M | $4.7M | −$1.3M |
| Nov 2025 | $1.8M | $4.1M | −$2.4M |
| Oct 2025 | $3.0M | $4.2M | −$1.2M |
| Sep 2025 | $1.9M | $3.9M | −$2.0M |
| Aug 2025 | $2.1M | $3.7M | −$1.6M |
| Jul 2025 | $2.3M | $5.1M | −$2.8M |
| Jun 2025 | $1.5M | $5.4M | −$4.0M |
PRICX Assets Under Management
Net assets of PGIM Government Income Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-29 | $220.47M |
| 2026-02-27 | $220.32M |
| 2025-11-28 | $221.96M |
| 2025-08-29 | $224.32M |
| 2025-05-30 | $229.28M |
| 2025-02-28 | $247.75M |
| 2024-11-29 | $263.25M |
| 2024-08-30 | $276.78M |
| 2024-05-31 | $310.75M |
| 2024-02-29 | $333.46M |
| 2023-11-30 | $360.70M |
| 2023-08-31 | $475.90M |
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.