PADAX Mutual Fund

NAV$9.12

Fund Essentials - as of Jan 30, 2026

Net Assets
$200M
Expense Ratio
0.95%
Dividend Yield (Current)
4.08%
Holdings
1,154
Inception Date
Mar 30, 2011
Fund Family
PGIM Investments
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD-0.11%
1 Year+4.87%
3 Year+10.88%
5 Year+13.97%
10 Year+8.57%

Asset Allocation

Stocks: 0.21%
Bonds: 88.78%
Cash: 3.23%
Other: 7.78%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
PULSPgim Ultra Short Bond ETF3.44%
PAAAPgim Etf Trust3.44%
T 4.375 12/15/26Treasury Note (Otr) 4.38% Dec 15, 20263.34%
T 1.25 11/30/26Treasury Note (Otr) 1.25% Nov 30, 20263.03%
T 4.125 08/15/44United States Treasury Note/Bond Aug. 15, 2044 4.12%2.26%
Top 10 Concentration: 23.78%Report Date: Jan 30, 2026
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Dividend Summary

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Dividend Yield (Current)
4.08%
Frequency
Monthly
Latest Distribution
$0.02
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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Category rank, peer-average returns and outperformance, updated daily.
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PADAX Mutual Fund Overview

PADAX Mutual Fund (PGIM Absolute Return Bond Fund Class A) is managed by PGIM Investments with $199.6M in net assets. PADAX expense ratio is 0.95%, holding 1154 positions across sectors including Other, Financials, Unknown. Inception date: 2011-03-30.

PADAX performance shows a YTD return of -0.11%. The 1-year return is 4.87% and the 5-year return is 13.97%. PADAX dividend yield stands at 4.08%, paid monthly.

PADAX top holdings include Pgim Ultra Short Bond ETF (3.4%), Pgim Etf Trust (3.4%), Treasury Note (Otr) 4.38% Dec 15, 2026 (3.3%), Treasury Note (Otr) 1.25% Nov 30, 2026 (3.0%), United States Treasury Note/Bond Aug. 15, 2044 4.12% (2.3%). View all PADAX holdings, sector breakdown, or dividend history.

PADAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. PADAX alternatives are available via the screener, along with tax-loss harvesting opportunities.