TPCAX Performance — PGIM Core Bond Fund, Class A
Data updated: 2026-10-13
TPCAX returned −0.74% year to date and +2.61% over one year to Jul 2026. Annualised returns are +3.94% over 3 years and −0.62% over 5 years. The fund trailed its Intermediate Securitized Bond category average: $100 invested three years ago grew to $112, against $115 for the category, and to $103 over one year, against $104. Volatility over the past three years was 5.79% a year. In the 12 months to Jul 2026 the fund took in a net $225.3M, and assets reached $2.43B.
TPCAX Growth of $100
What $100 invested in PGIM Core Bond Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Intermediate Securitized Bond category average over the same months.
| Period | TPCAX | Category average |
|---|---|---|
| 1 year (Aug 2025 – Jul 2026) | $103 | $104 |
| 3 years (Aug 2023 – Jul 2026) | $112 | $115 |
| 5 years (Aug 2021 – Jul 2026) | $97 | $103 |
| Since data start (Aug 2019 – Jul 2026) | $106 | $111 |
TPCAX Trailing Returns
Total returns to Jul 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.74% |
| 1 year | +2.61% |
| 3 years (annualised) | +3.94% |
| 5 years (annualised) | −0.62% |
TPCAX Annual Returns
Calendar-year total returns of PGIM Core Bond Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jul) | −0.74% |
| 2025 | +7.00% |
| 2024 | +1.83% |
| 2023 | +6.41% |
| 2022 | −14.60% |
| 2021 | −1.91% |
| 2020 | +8.01% |
| 2019 (Aug–Dec) | +2.11% |
TPCAX 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% | +1.6% | −1.9% | +0.1% | +0.2% | +0.3% | −1.4% | — | — | — | — | — |
| 2025 | +0.4% | +2.2% | −0.1% | +0.2% | −0.7% | +1.6% | −0.2% | +1.3% | +1.0% | +0.7% | +0.6% | −0.2% |
| 2024 | 0.0% | −1.4% | +0.9% | −2.5% | +1.9% | +0.9% | +2.3% | +1.4% | +1.4% | −2.5% | +1.2% | −1.7% |
| 2023 | +3.6% | −2.5% | +2.1% | +0.6% | −1.1% | −0.3% | +0.1% | −0.5% | −2.5% | −1.8% | +4.8% | +4.0% |
| 2022 | −2.2% | −1.5% | −3.0% | −3.9% | +0.1% | −1.7% | +2.3% | −2.6% | −4.6% | −1.6% | +3.7% | −0.4% |
| 2021 | −0.8% | −1.6% | −1.4% | +0.9% | +0.4% | +0.8% | +1.1% | −0.2% | −1.0% | −0.1% | +0.2% | −0.2% |
| 2020 | +2.2% | +1.6% | −3.4% | +2.6% | +1.2% | +1.3% | +1.8% | −0.6% | 0.0% | −0.5% | +1.5% | +0.3% |
| 2019 | — | — | — | — | — | — | — | +2.6% | −0.6% | +0.2% | −0.1% | −0.1% |
TPCAX Risk
Risk measures from monthly returns over Aug 2023 – Jul 2026.
- 3-year volatility (annualised): 5.79%
- 3-year Sharpe ratio: -0.10 (vs 4.5% risk-free rate)
- Best month: +4.76% (Nov 2023)
- Worst month: −2.55% (Apr 2024)
TPCAX Fund Flows
Monthly money in and out of PGIM Core Bond Fund, from SEC Form N-PORT.
- 12-month net flow: $225.3M
- 12-month gross sales (incl. reinvestments): $825.9M
- Sales ÷ redemptions: 1.38×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jul 2026 | $76.6M | $40.5M | $36.1M |
| Jun 2026 | $72.8M | $37.7M | $35.1M |
| May 2026 | $68.5M | $76.9M | −$8.3M |
| Apr 2026 | $76.2M | $69.4M | $6.8M |
| Mar 2026 | $60.3M | $42.0M | $18.3M |
| Feb 2026 | $50.9M | $55.0M | −$4.1M |
| Jan 2026 | $72.3M | $38.0M | $34.3M |
| Dec 2025 | $67.3M | $30.6M | $36.7M |
| Nov 2025 | $97.3M | $29.9M | $67.4M |
| Oct 2025 | $83.7M | $108.7M | −$25.0M |
| Sep 2025 | $58.4M | $30.7M | $27.7M |
| Aug 2025 | $41.6M | $41.3M | $293K |
TPCAX Assets Under Management
Net assets of PGIM Core Bond Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-07-31 | $2.43B |
| 2026-04-30 | $2.42B |
| 2026-01-30 | $2.43B |
| 2025-10-31 | $2.30B |
| 2025-07-31 | $2.25B |
| 2025-04-30 | $2.20B |
| 2025-01-31 | $2.16B |
| 2024-10-31 | $2.14B |
| 2024-07-31 | $1.95B |
| 2024-04-30 | $1.68B |
| 2024-01-31 | $1.70B |
| 2023-10-31 | $1.51B |
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.