PTRQX Fees and Costs — PGIM Total Return Bond Fund, Class R6
Data updated: 2026-09-29
The net expense ratio is 0.39%: a 0.38% management fee plus 0.02% other expenses, less a 0.01% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $2.0M in broker commissions, 0.0040% of average net assets, and portfolio turnover was 91%.
PTRQX Fees and Expenses
Annual operating expenses and sales charges of PTRQX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.38% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.40% |
| Fee waiver | −0.01% |
| Net expense ratio | 0.39% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PTRQX Costs Over Time
On $10,000 invested in PTRQX, assuming 5% a year before costs, total costs come to $249 over 5 years, cutting the return by 0.41% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.39%) | $41 | $129 | $224 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $136 | $249 |
| Value after costs | $10,459 | $11,440 | $12,513 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
PTRQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0040%
- Total broker commissions: $2.0M
- Bought from dealers (principal trades, not a cost): $84.2B
- Portfolio turnover (prospectus): 91%
- Securities on loan, average value: $398.7M
- Net income from securities lending: $663K (0.001% of average net assets)
PTRQX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1.2M | 61.37% |
| CITIGROUP GLOBAL MARKETS INC. | $246K | 12.39% |
| GOLDMAN SACHS & CO. LLC | $231K | 11.64% |
| BOFA SECURITIES, INC. | $146K | 7.34% |
| BNP Paribas Securities Corp. | $95K | 4.79% |
| Jane Street Execution Services, LLC | $27K | 1.34% |
| RBC CAPITAL MARKETS, LLC | $7K | 0.34% |
| WELLS FARGO SECURITIES, LLC | $6K | 0.30% |
| MORGAN STANLEY & CO. LLC | $5K | 0.27% |
| BMO HARRIS FINANCIAL ADVISORS, INC. | $4K | 0.22% |
PTRQX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| GOLDMAN SACHS & CO. LLC | $13.8B | 17.78% |
| J.P. Morgan Securities LLC | $11.8B | 15.27% |
| CitiGroup Global Markets Inc. | $10.0B | 12.89% |
| BOFA SECURITIES, INC. | $9.8B | 12.71% |
| BARCLAYS CAPITAL, INC. | $9.5B | 12.21% |
| MORGAN STANLEY & CO. LLC | $9.0B | 11.62% |
| WELLS FARGO SECURITIES, LLC | $8.4B | 10.89% |
| NOMURA SECURITIES INTERNATIONAL, INC. | $2.0B | 2.53% |
| BNP PARIBAS SECURITIES CORP. | $1.9B | 2.49% |
| DEUTSCHE BANK SECURITIES, INC. | $1.2B | 1.60% |
PGIM Total Return Bond Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PTRQX | Class R6 | 0.39% | none |
| PDBZX | Class Z | 0.49% | none |
| PDBSX | Class R4 | 0.64% | none |
| PDBAX | Class A | 0.75% | 3.25% |
| PDBRX | Class R2 | 0.89% | none |
| DTBRX | Class R | 1.01% | none |
| PDBCX | Class C | 1.49% | none |
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.