PGIM Core Ultra Short Bond Fund
Prudential Investment Portfolios 2
Fund classification
Classified from what the fund holds · as of 2026 Q2
PGIM Core Ultra Short Bond Fund is an actively managed global bond fund.
- Asset class
- Bonds
- Region
- Global
- Management
- Actively managed
- Fund type
- Open-end fund
Fund profile
This fund files no prospectus profile. Unit investment trusts and closed-end funds register on forms that carry no objective or fee tagging, and some fund families file without it — a gap in what was filed, not a fund without an objective or without fees.
Allocation
Asset groups · long / short shown separately, never netted · 2026 Q2
| Cash & short-term | 95.05% |
| Bonds | 5.16% |
| Securitized | 0.20% |
Latest quarter
What changed since the fund's previous filing
Largest new: NATIXIS, CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK, SANOFI SA, DEUTSCHE BANK SECURITIES INC., U.S. BANCORP INVESTMENTS, INC., ESSILORLUXOTTICA SA ×2, TotalEnergies Capital S.A.
Largest exited: NATIXIS, U.S. BANCORP INVESTMENTS, INC., MITSUBISHI CORP AMERICAS, CDP FINANCIAL INC, SAUDI ARABIAN OIL CO, BANK OF NEW YORK MELLON, FED CAISSES DESJARDINS, ITOCHU TREASURE CENTER A
Return profile
Total return as filed — price change plus distributions reinvested · trailing figures to Apr 2026
Debt profile
What this fund holds — value-weighted across its bond and securitized long positions · as of 2026-04-30
Share of the fund's debt by how its coupon behaves — the fact that decides whether a rate move reaches this portfolio at all.
| Zero-coupon or unclassified | 48.2% |
| Fixed rate | 43.1% |
| Floating rate | 8.7% |
Share of the fund's debt value in each maturity band, shortest first.
| <1y | 100.0% |
Based on what filers reported; a filer that never reported a flag also reads as none.
Risk profile
Interest-rate and credit-spread sensitivity, both in years · as of 2026Q2
Holdings
By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page
| Ticker | Issuer | %NAV | Value | Shares |
|---|---|---|---|---|
| — | NATIXIS | 4.40% | $600.00M | — |
| — | NATWEST MARKETS SECURITIES INC. | 3.19% | $435.00M | — |
| — | CLEAR STREET LLC | 3.19% | $435.00M | — |
| — | CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK | 2.57% | $350.00M | — |
| — | BANCO SANTANDER (BRASIL) S.A. | 2.55% | $348.27M | — |
| — | CF SECURED, LLC | 1.47% | $200.00M | — |
| — | SANOFI SA | 1.31% | $178.15M | — |
| — | DEUTSCHE BANK SECURITIES INC. | 1.25% | $170.00M | — |
| — | TORONTO DOMINION BANK NEW YORK BRANCH | 1.22% | $166.37M | — |
| — | U.S. BANCORP INVESTMENTS, INC. | 1.10% | $150.00M | — |
Top 10 positions are 22.23% of net assets, top 25 36.76%, across 101 issuers.
See more of this fund's book
More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.
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