Prudential Floating Financials
| FRFAX Fund | USD 9.15 0.01 0.11% |
Prudential |
Please note that you must use caution to infer results of funds future performance. Investment returns and principal value will fluctuate so that investors' shares, when sold, may be worth more or less than their original cost.
Prudential Floating Fund Summary
Prudential Floating competes with Dunham Large, Touchstone Large, Transamerica Large, Fundamental Large, and Jhancock Disciplined. The fund will invest at least 80 percent of its investable assets in floating rate loans and other floating rate debt securities. It may invest up to 20 percent of its total assets in senior loans that are not secured by any specific collateral. The fund may invest up to 25 percent of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.Specialization | Bank Loan, Large |
| Instrument | USA Mutual Fund View All |
| Exchange | NMFQS Exchange |
| ISIN | US74439V6020 |
| Business Address | Prudential Investment Portfolios, |
| Mutual Fund Family | PGIM Investments |
| Mutual Fund Category | Bank Loan |
| Benchmark | Dow Jones Industrial |
| Phone | 800 225 1852 |
| Currency | USD - US Dollar |
Prudential Floating Key Financial Ratios
Prudential Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Prudential Floating's current stock value. Our valuation model uses many indicators to compare Prudential Floating value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Prudential Floating competition to find correlations between indicators driving Prudential Floating's intrinsic value. More Info.Prudential Floating Rate is one of the top funds in annual yield among similar funds. It also is one of the top funds in year to date return among similar funds creating about 99.74 of Year To Date Return per Annual Yield. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Prudential Floating's earnings, one of the primary drivers of an investment's value.Prudential Floating Rate Systematic Risk
Prudential Floating's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Prudential Floating volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was fourteen with a total number of output elements of fourty-seven. The Beta measures systematic risk based on how returns on Prudential Floating Rate correlated with the market. If Beta is less than 0 Prudential Floating generally moves in the opposite direction as compared to the market. If Prudential Floating Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Prudential Floating Rate is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Prudential Floating is generally in the same direction as the market. If Beta > 1 Prudential Floating moves generally in the same direction as, but more than the movement of the benchmark.
Prudential Floating December 4, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Prudential Floating help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Prudential Floating Rate. We use our internally-developed statistical techniques to arrive at the intrinsic value of Prudential Floating Rate based on widely used predictive technical indicators. In general, we focus on analyzing Prudential Mutual Fund price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Prudential Floating's daily price indicators and compare them against related drivers.
| Information Ratio | (0.48) | |||
| Maximum Drawdown | 0.898 | |||
| Value At Risk | (0.11) | |||
| Potential Upside | 0.1116 |
Other Information on Investing in Prudential Mutual Fund
Prudential Floating financial ratios help investors to determine whether Prudential Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prudential with respect to the benefits of owning Prudential Floating security.
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