PXBAX Mutual Fund Quote

PXBAX -  USA Fund  

USD 9.76  0.03  0.31%

PGIM International is trading at 9.76 as of the 17th of October 2021; that is 0.31 percent increase since the beginning of the trading day. The fund's open price was 9.73. PGIM International has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for PGIM International Bond are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 28th of October 2019 and ending today, the 17th of October 2021. Click here to learn more.
 Market Performance
0 of 100
  Odds Of Distress
Less than 1
The investment seeks total return, made up of current income and capital appreciation. Under normal market conditions, the fund invests at least 80 percent of its investable assets in bonds with varying maturities. It primarily invests in fixed or floating rate fixed income instruments of foreign corporations and governments that are denominated in USD or foreign currencies. More on PGIM International Bond

PGIM International Mutual Fund Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. PGIM International's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding PGIM International or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
PGIM International generated a negative expected return over the last 90 days
PGIM International is unlikely to experience financial distress in the next 2 years
The fund maintains about 39.48% of its assets in cash
Legal NamePGIM International Bond
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of PGIM International's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Beta In Three Year1.14
Startdate14th of December 2016
PGIM International Bond [PXBAX] is traded in USA and was established 17th of October 2021. The fund is listed under World Bond-USD Hedged category and is part of PGIM Funds (Prudential) family. PGIM International Bond at this time has accumulated 37.47 M in assets with minimum initial investment of 1 K. , while the total return for the last 3 years was 6.12%.
Check PGIM International Probability Of Bankruptcy

Instrument Allocation

Sector Allocation (%)

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on PXBAX Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding PGIM International , and the less return is expected.

PGIM International Target Price Odds Analysis

What are PGIM International's target price odds to finish over the current price? Based on a normal probability distribution, the odds of PGIM International jumping above the current price in 90 days from now is over 95.22%. The PGIM International Bond probability density function shows the probability of PGIM International mutual fund to fall within a particular range of prices over 90 days. Assuming the 90 days horizon PGIM International has a beta of 0.0775 indicating as returns on the market go up, PGIM International average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding PGIM International Bond will be expected to be much smaller as well. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. PGIM International Bond is significantly underperforming DOW.
 Odds Down 9.76HorizonTargetOdds Up 9.76 
4.57%90 days
 9.76 
95.22%
Based on a normal probability distribution, the odds of PGIM International to move above the current price in 90 days from now is over 95.22 (This PGIM International Bond probability density function shows the probability of PXBAX Mutual Fund to fall within a particular range of prices over 90 days) .

PGIM International Bond Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. PGIM International market risk premium is the additional return an investor will receive from holding PGIM International long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in PGIM International. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although PGIM International's alpha and beta are two of the key measurements used to evaluate PGIM International's performance over the market, the standard measures of volatility play an important role as well.

PGIM International Against Markets

Picking the right benchmark for PGIM International mutual fund is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in PGIM International mutual fund price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for PGIM International is critical whether you are bullish or bearish towards PGIM International Bond at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in PGIM International without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Please check Your Equity Center. Note that the PGIM International Bond information on this page should be used as a complementary analysis to other PGIM International's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running PGIM International Bond price analysis, check to measure PGIM International's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy PGIM International is operating at the current time. Most of PGIM International's value examination focuses on studying past and present price action to predict the probability of PGIM International's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move PGIM International's price. Additionally, you may evaluate how the addition of PGIM International to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between PGIM International's value and its price as these two are different measures arrived at by different means. Investors typically determine PGIM International value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, PGIM International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.