PGIM Emerging Market Corporate Bond Fund EUR Hedged A Accumulation
Fund
ISIN IE000Y8X0TN7 / Valor 13101198
NAV (2024-12-20)
EUR 104.87+0.01%
PGIM Emerging Market Corporate Bond Fund EUR Hedged A Accumulation
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General Objective
The investment objective of this fund is to seek total return through a combination of current income and capital appreciation consistent with prudent risk management, while applying environmental, social, and governance (“ESG”) principles in the selection of securities.
Fund Exposure
The fund is primarily exposed to emerging market debt, with a focus on hard currency corporates, quasi-sovereign, and sovereign debt. The top 10 industries in which the fund is invested include non-US government-related, banking, other financial institutions, telecom, electric & water, consumer non-cyclical, transportation & environmental services, energy (upstream), metals, and energy (midstream).
Risks
Investors should be aware of the risks associated with investing in emerging market corporate bonds, including credit risk, interest rate risk, currency risk, and ESG-related risks. Additionally, the fund's performance may be impacted by market volatility and economic conditions in emerging markets.