PGIM Government Income Fund
Schedule of Investments (unaudited)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Long-Term Investments 100.0% | |||||
Asset-Backed Securities 6.1% | |||||
Collateralized Loan Obligations | |||||
AGL Core CLO Ltd. (Cayman Islands), | |||||
Series 2019-02A, Class A1, 144A, 3 Month LIBOR + 1.390% (Cap N/A, Floor 1.390%) | 1.608 %(c) | 04/20/32 | 2,000 | $1,997,017 | |
Series 2020-04A, Class A, 144A, 3 Month LIBOR + 2.210% (Cap N/A, Floor 2.210%) | 2.428(c) | 04/20/28 | 6,000 | 6,022,901 | |
Atlas Senior Loan Fund Ltd. (Cayman Islands), Series 2014-01A, Class AR2, 144A, 3 Month LIBOR + 1.260% (Cap N/A, Floor 0.000%) | 1.490(c) | 07/16/29 | 3,450 | 3,418,865 | |
Battalion CLO Ltd., | |||||
Series 2018-12A, Class A2R, 144A, 3 Month LIBOR + 1.450% (Cap N/A, Floor 1.450%) | 1.673(c) | 05/17/31 | 4,500 | 4,506,660 | |
Series 2020-15A, Class A1, 144A, 3 Month LIBOR + 1.350% (Cap N/A, Floor 1.350%) | 1.568(c) | 01/17/33 | 2,250 | 2,244,040 | |
Canyon CLO Ltd. (Cayman Islands), Series 2020-01A, Class A, 144A, 3 Month LIBOR + 1.920% (Cap N/A, Floor 1.920%) | 2.157(c) | 07/15/28 | 3,700 | 3,720,867 | |
Greywolf CLO Ltd. (Cayman Islands), Series 2018-02A, Class A1, 144A, 3 Month LIBOR + 1.180% (Cap N/A, Floor 1.180%) | 1.398(c) | 10/20/31 | 4,500 | 4,471,708 | |
ICG US CLO Ltd. (Cayman Islands), Series 2019-01A, Class A1A, 144A, 3 Month LIBOR + 1.380% (Cap N/A, Floor 1.380%) | 1.595(c) | 10/26/32 | 4,000 | 3,981,988 | |
KKR CLO Ltd. (Cayman Islands), Series 30A, Class A1, 144A, 3 Month LIBOR + 1.500% (Cap N/A, Floor 1.500%) | 1.736(c) | 10/17/31 | 4,000 | 4,005,909 | |
Octagon Investment Partners 45 Ltd. (Cayman Islands), Series 2019-01A, Class A, 144A, 3 Month LIBOR + 1.330% (Cap N/A, Floor 1.330%) | 1.567(c) | 10/15/32 | 6,000 | 5,993,913 | |
Race Point CLO Ltd. (Cayman Islands), Series 2015-09A, Class A1AR, 144A, 3 Month LIBOR + 1.210% (Cap N/A, Floor 0.000%) | 1.447(c) | 10/15/30 | 1,989 | 1,985,319 | |
Trimaran Cavu Ltd. (Cayman Islands), Series 2019-01A, Class A1, 144A, 3 Month LIBOR + 1.460% (Cap N/A, Floor 1.460%) | 1.678(c) | 07/20/32 | 4,000 | 3,994,044 | |
Wellfleet CLO Ltd. (Cayman Islands), | |||||
Series 2015-01A, Class AR3, 144A, 3 Month LIBOR + 1.280% (Cap N/A, Floor 1.280%) | 1.498(c) | 07/20/29 | 1,972 | 1,951,874 | |
Series 2017-02A, Class A1R, 144A, 3 Month LIBOR + 1.060% (Cap N/A, Floor 0.000%) | 1.278(c) | 10/20/29 | 3,500 | 3,475,467 |
1
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Asset-Backed Securities (Continued) | |||||
Collateralized Loan Obligations (cont’d.) | |||||
York CLO Ltd. (Cayman Islands), Series 2020-01A, Class A1, 144A, 3 Month LIBOR + 1.500% (Cap N/A, Floor 1.500%) | 1.669 %(c) | 04/20/32 | 1,500 | $1,500,298 | |
Total Asset-Backed Securities (cost $51,655,449) | 53,270,870 | ||||
Commercial Mortgage-Backed Securities 10.5% | |||||
BANK, Series 2017-BNK05, Class A3 | 3.020 | 06/15/60 | 3,600 | 3,840,312 | |
Barclays Commercial Mortgage Securities Trust, Series 2020-C07, Class A4 | 1.786 | 04/15/53 | 4,000 | 4,081,503 | |
Barclays Commercial Mortgage Trust, Series 2019-C04, Class A4 | 2.661 | 08/15/52 | 6,000 | 6,500,584 | |
CD Mortgage Trust, Series 2019-CD08, Class A3 | 2.657 | 08/15/57 | 6,000 | 6,354,464 | |
Fannie Mae-Aces, | |||||
Series 2012-M02, Class A2 | 2.717 | 02/25/22 | 105 | 106,621 | |
Series 2018-M14, Class A1 | 3.697(cc) | 08/25/28 | 1,502 | 1,682,654 | |
Series 2019-M01, Class A2 | 3.673(cc) | 09/25/28 | 2,000 | 2,344,950 | |
FHLMC Multifamily Structured Pass-Through Certificates, | |||||
Series K0019, Class X1, IO | 1.724(cc) | 03/25/22 | 22,004 | 361,257 | |
Series K0020, Class X1, IO | 1.489(cc) | 05/25/22 | 12,882 | 203,572 | |
Series K0021, Class X1, IO | 1.539(cc) | 06/25/22 | 14,369 | 229,226 | |
Series K0025, Class X1, IO | 0.926(cc) | 10/25/22 | 36,433 | 440,133 | |
Series K0060, Class AM | 3.300(cc) | 10/25/26 | 3,860 | 4,380,796 | |
Series K0064, Class AM | 3.327(cc) | 03/25/27 | 2,100 | 2,394,751 | |
Series K0068, Class AM | 3.315 | 08/25/27 | 3,200 | 3,659,774 | |
Series K0076, Class AM | 3.900 | 04/25/28 | 750 | 887,257 | |
Series K0077, Class AM | 3.850(cc) | 05/25/28 | 310 | 369,552 | |
Series K0078, Class AM | 3.920 | 06/25/28 | 925 | 1,101,882 | |
Series K0079, Class AM | 3.930 | 06/25/28 | 1,225 | 1,460,184 | |
Series K0080, Class AM | 3.986(cc) | 07/25/28 | 3,300 | 3,957,000 | |
Series K0081, Class AM | 3.900(cc) | 08/25/28 | 2,600 | 3,092,417 | |
Series K0083, Class AM | 4.030(cc) | 10/25/28 | 450 | 540,496 | |
Series K0084, Class AM | 3.880(cc) | 10/25/28 | 2,200 | 2,585,405 | |
Series K0085, Class AM | 4.060(cc) | 10/25/28 | 1,100 | 1,329,044 | |
Series K0086, Class A2 | 3.859(cc) | 11/25/28 | 2,500 | 2,986,265 | |
Series K0086, Class AM | 3.919(cc) | 12/25/28 | 350 | 418,257 |
2
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Commercial Mortgage-Backed Securities (Continued) | |||||
FHLMC Multifamily Structured Pass-Through Certificates, (cont’d.) | |||||
Series K0087, Class AM | 3.832 %(cc) | 12/25/28 | 400 | $473,947 | |
Series K0088, Class AM | 3.761(cc) | 01/25/29 | 880 | 1,043,446 | |
Series K0090, Class AM | 3.492(cc) | 03/25/29 | 1,450 | 1,704,318 | |
Series K0091, Class AM | 3.566 | 03/25/29 | 1,650 | 1,943,529 | |
Series K0151, Class A3 | 3.511 | 04/25/30 | 900 | 1,053,809 | |
Series K0152, Class A2 | 3.080 | 01/25/31 | 375 | 428,311 | |
Series K0157, Class A2 | 3.990(cc) | 05/25/33 | 2,900 | 3,551,559 | |
Series K0157, Class A3 | 3.990(cc) | 08/25/33 | 755 | 932,896 | |
Series K0158, Class A2 | 3.900(cc) | 12/25/30 | 1,275 | 1,563,670 | |
Series K1513, Class A3 | 2.797 | 08/25/34 | 6,500 | 7,298,526 | |
Series K1514, Class A2 | 2.859 | 10/25/34 | 5,217 | 5,991,729 | |
Series KC03, Class A2 | 3.499 | 01/25/26 | 1,100 | 1,203,709 | |
Series W5FX, Class AFX | 3.336(cc) | 04/25/28 | 1,970 | 2,211,371 | |
JPMBB Commercial Mortgage Securities Trust, Series 2016-C01, Class A3 | 3.515 | 03/15/49 | 2,500 | 2,598,650 | |
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C09, Class A3 | 2.834 | 05/15/46 | 878 | 910,581 | |
Wells Fargo Commercial Mortgage Trust, Series 2015-LC22, Class A3 | 3.572 | 09/15/58 | 2,220 | 2,457,431 | |
Total Commercial Mortgage-Backed Securities (cost $82,402,501) | 90,675,838 | ||||
Corporate Bonds 0.7% | |||||
Diversified Financial Services | |||||
Private Export Funding Corp., | |||||
Sr. Unsec’d. Notes, 144A | 2.650 | 02/16/21 | 2,510 | 2,522,247 | |
U.S. Gov’t. Gtd. Notes, Series BB | 4.300 | 12/15/21 | 1,210 | 1,258,757 | |
U.S. Gov’t. Gtd. Notes, Series KK | 3.550 | 01/15/24 | 2,085 | 2,270,809 | |
Total Corporate Bonds (cost $5,897,951) | 6,051,813 | ||||
Residential Mortgage-Backed Securities 0.0% | |||||
Merrill Lynch Mortgage Investors Trust, Series 2003-E, Class A1, 1 Month LIBOR + 0.620% (Cap 11.750%, Floor 0.310%) | 0.770(c) | 10/25/28 | 34 | 33,817 |
3
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Residential Mortgage-Backed Securities (Continued) | |||||
Structured Adjustable Rate Mortgage Loan Trust, Series 2004-01, Class 4A3 | 3.136 %(cc) | 02/25/34 | 152 | $150,961 | |
Total Residential Mortgage-Backed Securities (cost $186,941) | 184,778 | ||||
U.S. Government Agency Obligations 44.1% | |||||
Fannie Mae Principal Strips, MTN | 2.001(s) | 10/08/27 | 530 | 496,296 | |
Federal Home Loan Bank | 3.250 | 11/16/28 | 1,800 | 2,143,113 | |
Federal Home Loan Mortgage Corp. | 2.000 | 01/01/32 | 355 | 371,856 | |
Federal Home Loan Mortgage Corp. | 2.500 | 05/01/23 | 91 | 94,579 | |
Federal Home Loan Mortgage Corp. | 2.500 | 12/01/23 | 140 | 145,747 | |
Federal Home Loan Mortgage Corp. | 2.500 | 02/01/28 | 1,421 | 1,491,472 | |
Federal Home Loan Mortgage Corp. | 2.500 | 05/01/28 | 1,005 | 1,047,791 | |
Federal Home Loan Mortgage Corp. | 2.500 | 05/01/28 | 1,234 | 1,287,244 | |
Federal Home Loan Mortgage Corp. | 2.500 | 03/01/30 | 776 | 822,755 | |
Federal Home Loan Mortgage Corp. | 2.500 | 09/01/31 | 513 | 535,292 | |
Federal Home Loan Mortgage Corp. | 2.500 | 10/01/32 | 601 | 637,613 | |
Federal Home Loan Mortgage Corp. | 2.500 | 11/01/46 | 1,824 | 1,940,737 | |
Federal Home Loan Mortgage Corp. | 3.000 | 10/01/28 | 143 | 153,055 | |
Federal Home Loan Mortgage Corp. | 3.000 | 06/01/29 | 416 | 442,369 | |
Federal Home Loan Mortgage Corp. | 3.000 | 12/01/30 | 488 | 519,611 | |
Federal Home Loan Mortgage Corp. | 3.000 | 01/01/37 | 948 | 995,952 | |
Federal Home Loan Mortgage Corp. | 3.000 | 01/01/40 | 4,933 | 5,160,496 | |
Federal Home Loan Mortgage Corp. | 3.000 | 04/01/43 | 1,226 | 1,307,784 | |
Federal Home Loan Mortgage Corp. | 3.000 | 07/01/43 | 1,459 | 1,549,798 | |
Federal Home Loan Mortgage Corp. | 3.000 | 10/01/46 | 649 | 679,935 | |
Federal Home Loan Mortgage Corp. | 3.000 | 11/01/46 | 590 | 618,069 | |
Federal Home Loan Mortgage Corp. | 3.000 | 12/01/46 | 561 | 589,714 | |
Federal Home Loan Mortgage Corp. | 3.000 | 01/01/47 | 1,215 | 1,275,613 | |
Federal Home Loan Mortgage Corp. | 3.000 | 03/01/47 | 409 | 428,551 | |
Federal Home Loan Mortgage Corp. | 3.000 | 12/01/49 | 666 | 696,480 | |
Federal Home Loan Mortgage Corp. | 3.000 | 06/01/50 | 1,296 | 1,354,676 | |
Federal Home Loan Mortgage Corp. | 3.500 | 08/01/26 | 220 | 232,751 | |
Federal Home Loan Mortgage Corp. | 3.500 | 01/01/27 | 123 | 130,333 | |
Federal Home Loan Mortgage Corp. | 3.500 | 11/01/28 | 875 | 949,339 | |
Federal Home Loan Mortgage Corp. | 3.500 | 11/01/37 | 438 | 465,077 | |
Federal Home Loan Mortgage Corp. | 3.500 | 06/01/42 | 1,070 | 1,151,743 | |
Federal Home Loan Mortgage Corp. | 3.500 | 06/01/43 | 823 | 889,313 | |
Federal Home Loan Mortgage Corp. | 3.500 | 07/01/43 | 2,066 | 2,241,145 | |
Federal Home Loan Mortgage Corp. | 3.500 | 07/01/47 | 3,501 | 3,721,052 | |
Federal Home Loan Mortgage Corp. | 3.500 | 08/01/47 | 2,674 | 2,833,248 |
4
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal Home Loan Mortgage Corp. | 3.500 % | 10/01/47 | 233 | $247,288 | |
Federal Home Loan Mortgage Corp. | 4.000 | 06/01/26 | 63 | 67,389 | |
Federal Home Loan Mortgage Corp. | 4.000 | 09/01/26 | 184 | 195,836 | |
Federal Home Loan Mortgage Corp. | 4.000 | 11/01/39 | 797 | 874,822 | |
Federal Home Loan Mortgage Corp. | 4.000 | 09/01/40 | 494 | 538,831 | |
Federal Home Loan Mortgage Corp. | 4.000 | 12/01/40 | 299 | 328,842 | |
Federal Home Loan Mortgage Corp. | 4.000 | 12/01/40 | 407 | 445,340 | |
Federal Home Loan Mortgage Corp. | 4.000 | 04/01/42 | 697 | 766,401 | |
Federal Home Loan Mortgage Corp. | 4.000 | 04/01/42 | 767 | 835,907 | |
Federal Home Loan Mortgage Corp. | 4.000 | 05/01/46 | 1,160 | 1,256,864 | |
Federal Home Loan Mortgage Corp. | 4.000 | 08/01/46 | 307 | 334,994 | |
Federal Home Loan Mortgage Corp. | 4.000 | 12/01/46 | 261 | 282,674 | |
Federal Home Loan Mortgage Corp. | 4.000 | 07/01/47 | 677 | 727,633 | |
Federal Home Loan Mortgage Corp. | 4.000 | 08/01/47 | 255 | 272,831 | |
Federal Home Loan Mortgage Corp. | 4.000 | 08/01/47 | 701 | 752,253 | |
Federal Home Loan Mortgage Corp. | 4.000 | 06/01/48 | 186 | 198,750 | |
Federal Home Loan Mortgage Corp. | 4.000 | 11/01/48 | 372 | 396,289 | |
Federal Home Loan Mortgage Corp. | 4.500 | 09/01/39 | 1,107 | 1,241,022 | |
Federal Home Loan Mortgage Corp. | 4.500 | 07/01/47 | 230 | 250,330 | |
Federal Home Loan Mortgage Corp. | 4.500 | 07/01/47 | 248 | 272,298 | |
Federal Home Loan Mortgage Corp. | 4.500 | 08/01/47 | 807 | 882,396 | |
Federal Home Loan Mortgage Corp. | 5.000 | 06/01/33 | 602 | 692,108 | |
Federal Home Loan Mortgage Corp. | 5.000 | 03/01/34 | 66 | 76,653 | |
Federal Home Loan Mortgage Corp. | 5.000 | 05/01/34 | 51 | 59,637 | |
Federal Home Loan Mortgage Corp. | 5.000 | 05/01/34 | 598 | 688,557 | |
Federal Home Loan Mortgage Corp. | 5.000 | 02/01/48 | 268 | 299,307 | |
Federal Home Loan Mortgage Corp. | 5.500 | 05/01/37 | 81 | 95,999 | |
Federal Home Loan Mortgage Corp. | 5.500 | 01/01/38 | 70 | 82,542 | |
Federal Home Loan Mortgage Corp. | 6.000 | 12/01/33 | 37 | 43,575 | |
Federal Home Loan Mortgage Corp. | 6.000 | 09/01/34 | 135 | 151,579 | |
Federal Home Loan Mortgage Corp. | 6.250 | 07/15/32 | 40 | 61,985 | |
Federal Home Loan Mortgage Corp. | 6.500 | 09/01/32 | 38 | 43,387 | |
Federal Home Loan Mortgage Corp. | 6.500 | 09/01/32 | 108 | 122,894 | |
Federal Home Loan Mortgage Corp. | 6.750 | 09/15/29 | 100 | 149,259 | |
Federal Home Loan Mortgage Corp. | 7.000 | 09/01/32 | 28 | 29,299 | |
Federal Home Loan Mortgage Corp. | 8.000 | 08/01/22 | 1 | 1,237 | |
Federal Home Loan Mortgage Corp., MTN | (2.451)(s) | 11/15/38 | 2,500 | 1,780,564 | |
Federal National Mortgage Assoc. | 0.875 | 08/05/30 | 970 | 950,042 | |
Federal National Mortgage Assoc. | 2.000 | TBA | 7,000 | 7,258,294 | |
Federal National Mortgage Assoc. | 2.000 | TBA | 60,000 | 62,330,127 | |
Federal National Mortgage Assoc. | 2.000 | 08/01/31 | 434 | 454,001 | |
Federal National Mortgage Assoc. | 2.000 | 10/01/34 | 945 | 983,533 |
5
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal National Mortgage Assoc. | 2.500 % | TBA(tt) | 3,500 | $3,667,233 | |
Federal National Mortgage Assoc. | 2.500 | 06/01/28 | 457 | 476,890 | |
Federal National Mortgage Assoc. | 2.500 | 08/01/28 | 469 | 488,391 | |
Federal National Mortgage Assoc. | 2.500 | 11/01/28 | 1,055 | 1,099,820 | |
Federal National Mortgage Assoc. | 2.500 | 08/01/29 | 100 | 104,789 | |
Federal National Mortgage Assoc. | 2.500 | 08/01/31 | 479 | 499,262 | |
Federal National Mortgage Assoc. | 2.500 | 11/01/31 | 296 | 312,479 | |
Federal National Mortgage Assoc. | 2.500 | 04/01/35 | 2,500 | 2,598,546 | |
Federal National Mortgage Assoc. | 2.500 | 02/01/43 | 230 | 244,581 | |
Federal National Mortgage Assoc. | 2.500 | 12/01/46 | 1,089 | 1,158,815 | |
Federal National Mortgage Assoc. | 2.500 | 03/01/50 | 457 | 479,085 | |
Federal National Mortgage Assoc. | 2.500 | 05/01/50 | 1,763 | 1,848,911 | |
Federal National Mortgage Assoc. | 2.500 | 06/01/50 | 969 | 1,016,496 | |
Federal National Mortgage Assoc. | 2.500 | 08/01/50 | 638 | 669,714 | |
Federal National Mortgage Assoc. | 2.500 | 09/01/50 | 6,872 | 7,207,721 | |
Federal National Mortgage Assoc. | 2.500 | 10/01/50 | 13,562 | 14,225,636 | |
Federal National Mortgage Assoc. | 3.000 | TBA | 20,000 | 20,905,859 | |
Federal National Mortgage Assoc. | 3.000 | 01/01/27 | 405 | 429,229 | |
Federal National Mortgage Assoc. | 3.000 | 08/01/28 | 815 | 853,712 | |
Federal National Mortgage Assoc. | 3.000 | 02/01/31 | 751 | 785,757 | |
Federal National Mortgage Assoc. | 3.000 | 11/01/36 | 379 | 395,423 | |
Federal National Mortgage Assoc. | 3.000 | 11/01/39 | 500 | 522,299 | |
Federal National Mortgage Assoc. | 3.000 | 12/01/42 | 1,169 | 1,243,378 | |
Federal National Mortgage Assoc. | 3.000 | 02/01/43 | 593 | 629,807 | |
Federal National Mortgage Assoc. | 3.000 | 03/01/43 | 360 | 390,680 | |
Federal National Mortgage Assoc. | 3.000 | 04/01/43 | 568 | 610,213 | |
Federal National Mortgage Assoc. | 3.000 | 06/01/43 | 293 | 311,358 | |
Federal National Mortgage Assoc. | 3.000 | 06/01/43 | 603 | 637,983 | |
Federal National Mortgage Assoc. | 3.000 | 07/01/43 | 1,855 | 1,971,458 | |
Federal National Mortgage Assoc. | 3.000 | 09/01/46 | 2,001 | 2,090,684 | |
Federal National Mortgage Assoc. | 3.000 | 11/01/46 | 2,111 | 2,206,463 | |
Federal National Mortgage Assoc. | 3.000 | 11/01/46 | 2,250 | 2,367,733 | |
Federal National Mortgage Assoc. | 3.000 | 01/01/47 | 271 | 283,953 | |
Federal National Mortgage Assoc. | 3.000 | 04/01/47 | 4,456 | 4,667,556 | |
Federal National Mortgage Assoc. | 3.000 | 12/01/49 | 858 | 905,241 | |
Federal National Mortgage Assoc. | 3.000 | 01/01/50 | 2,000 | 2,091,872 | |
Federal National Mortgage Assoc. | 3.000 | 06/01/50 | 1,945 | 2,033,317 | |
Federal National Mortgage Assoc. | 3.500 | 09/01/26 | 131 | 139,003 | |
Federal National Mortgage Assoc. | 3.500 | 03/01/27 | 298 | 318,688 | |
Federal National Mortgage Assoc. | 3.500 | 12/01/30 | 72 | 76,613 | |
Federal National Mortgage Assoc. | 3.500 | 11/01/32 | 2,425 | 2,587,698 | |
Federal National Mortgage Assoc. | 3.500 | 02/01/33 | 131 | 139,570 |
6
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal National Mortgage Assoc. | 3.500 % | 05/01/33 | 259 | $275,046 | |
Federal National Mortgage Assoc. | 3.500 | 10/01/41 | 1,565 | 1,682,525 | |
Federal National Mortgage Assoc. | 3.500 | 12/01/41 | 456 | 490,320 | |
Federal National Mortgage Assoc. | 3.500 | 03/01/42 | 487 | 529,020 | |
Federal National Mortgage Assoc. | 3.500 | 05/01/42 | 2,172 | 2,355,403 | |
Federal National Mortgage Assoc. | 3.500 | 07/01/42 | 741 | 797,291 | |
Federal National Mortgage Assoc. | 3.500 | 12/01/42 | 1,284 | 1,393,583 | |
Federal National Mortgage Assoc. | 3.500 | 03/01/43 | 575 | 623,182 | |
Federal National Mortgage Assoc. | 3.500 | 06/01/45 | 3,639 | 3,887,409 | |
Federal National Mortgage Assoc. | 3.500 | 01/01/46 | 1,038 | 1,105,790 | |
Federal National Mortgage Assoc. | 3.500 | 12/01/46 | 1,653 | 1,765,606 | |
Federal National Mortgage Assoc. | 3.500 | 11/01/47 | 4,293 | 4,543,117 | |
Federal National Mortgage Assoc. | 3.500 | 01/01/48 | 1,571 | 1,659,990 | |
Federal National Mortgage Assoc. | 3.500 | 03/01/48 | 4,168 | 4,404,534 | |
Federal National Mortgage Assoc. | 3.500 | 04/01/48 | 3,267 | 3,459,826 | |
Federal National Mortgage Assoc. | 3.500 | 11/01/48 | 2,375 | 2,511,666 | |
Federal National Mortgage Assoc. | 4.000 | 09/01/40 | 776 | 842,786 | |
Federal National Mortgage Assoc. | 4.000 | 01/01/41 | 1,097 | 1,198,191 | |
Federal National Mortgage Assoc. | 4.000 | 09/01/44 | 761 | 827,169 | |
Federal National Mortgage Assoc. | 4.000 | 06/01/47 | 2,982 | 3,208,033 | |
Federal National Mortgage Assoc. | 4.000 | 06/01/47 | 3,513 | 3,779,524 | |
Federal National Mortgage Assoc. | 4.000 | 08/01/47 | 742 | 797,038 | |
Federal National Mortgage Assoc. | 4.000 | 09/01/47 | 4,146 | 4,452,019 | |
Federal National Mortgage Assoc. | 4.000 | 10/01/47 | 231 | 247,307 | |
Federal National Mortgage Assoc. | 4.000 | 10/01/47 | 2,085 | 2,233,795 | |
Federal National Mortgage Assoc. | 4.000 | 11/01/47 | 2,457 | 2,640,739 | |
Federal National Mortgage Assoc. | 4.000 | 12/01/47 | 509 | 546,338 | |
Federal National Mortgage Assoc. | 4.000 | 06/01/48 | 274 | 293,339 | |
Federal National Mortgage Assoc. | 4.500 | 04/01/41 | 877 | 971,610 | |
Federal National Mortgage Assoc. | 4.500 | 05/01/41 | 518 | 581,204 | |
Federal National Mortgage Assoc. | 4.500 | 01/01/45 | 224 | 250,510 | |
Federal National Mortgage Assoc. | 4.500 | 12/01/47 | 1,879 | 2,040,404 | |
Federal National Mortgage Assoc. | 4.500 | 06/01/48 | 512 | 557,793 | |
Federal National Mortgage Assoc. | 4.500 | 10/01/48 | 2,153 | 2,335,669 | |
Federal National Mortgage Assoc. | 5.000 | 12/01/31 | 61 | 67,739 | |
Federal National Mortgage Assoc. | 5.000 | 03/01/34 | 279 | 321,333 | |
Federal National Mortgage Assoc. | 5.000 | 07/01/35 | 109 | 127,037 | |
Federal National Mortgage Assoc. | 5.000 | 09/01/35 | 63 | 73,159 | |
Federal National Mortgage Assoc. | 5.000 | 11/01/35 | 77 | 89,208 | |
Federal National Mortgage Assoc. | 5.000 | 05/01/36 | 42 | 49,289 | |
Federal National Mortgage Assoc. | 5.500 | 02/01/34 | 291 | 343,146 | |
Federal National Mortgage Assoc. | 5.500 | 09/01/34 | 511 | 605,709 |
7
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal National Mortgage Assoc. | 5.500 % | 02/01/35 | 393 | $458,058 | |
Federal National Mortgage Assoc. | 5.500 | 06/01/35 | 56 | 62,978 | |
Federal National Mortgage Assoc. | 5.500 | 06/01/35 | 164 | 185,760 | |
Federal National Mortgage Assoc. | 5.500 | 09/01/35 | 96 | 107,536 | |
Federal National Mortgage Assoc. | 5.500 | 09/01/35 | 240 | 273,858 | |
Federal National Mortgage Assoc. | 5.500 | 10/01/35 | 272 | 318,474 | |
Federal National Mortgage Assoc. | 5.500 | 11/01/35 | 257 | 292,194 | |
Federal National Mortgage Assoc. | 5.500 | 11/01/35 | 563 | 665,354 | |
Federal National Mortgage Assoc. | 5.500 | 11/01/36 | 7 | 8,399 | |
Federal National Mortgage Assoc. | 6.000 | 08/01/21 | 4 | 3,636 | |
Federal National Mortgage Assoc. | 6.000 | 09/01/21 | 2 | 2,382 | |
Federal National Mortgage Assoc. | 6.000 | 07/01/22 | —(r) | 511 | |
Federal National Mortgage Assoc. | 6.000 | 09/01/33 | 1 | 577 | |
Federal National Mortgage Assoc. | 6.000 | 11/01/33 | —(r) | 464 | |
Federal National Mortgage Assoc. | 6.000 | 02/01/34 | —(r) | 284 | |
Federal National Mortgage Assoc. | 6.000 | 06/01/34 | —(r) | 144 | |
Federal National Mortgage Assoc. | 6.000 | 09/01/34 | —(r) | 292 | |
Federal National Mortgage Assoc. | 6.000 | 09/01/34 | 15 | 18,060 | |
Federal National Mortgage Assoc. | 6.000 | 09/01/34 | 21 | 23,913 | |
Federal National Mortgage Assoc. | 6.000 | 11/01/34 | 4 | 4,313 | |
Federal National Mortgage Assoc. | 6.000 | 11/01/34 | 28 | 31,800 | |
Federal National Mortgage Assoc. | 6.000 | 02/01/35 | —(r) | 525 | |
Federal National Mortgage Assoc. | 6.000 | 03/01/35 | 15 | 17,246 | |
Federal National Mortgage Assoc. | 6.000 | 04/01/35 | 1 | 708 | |
Federal National Mortgage Assoc. | 6.000 | 12/01/35 | 61 | 68,104 | |
Federal National Mortgage Assoc. | 6.000 | 01/01/36 | 162 | 182,134 | |
Federal National Mortgage Assoc. | 6.000 | 05/01/36 | 72 | 85,156 | |
Federal National Mortgage Assoc. | 6.000 | 05/01/36 | 381 | 452,336 | |
Federal National Mortgage Assoc. | 6.250 | 05/15/29 | 100 | 143,160 | |
Federal National Mortgage Assoc. | 6.500 | 07/01/32 | 472 | 556,185 | |
Federal National Mortgage Assoc. | 6.500 | 08/01/32 | 194 | 221,983 | |
Federal National Mortgage Assoc. | 6.500 | 09/01/32 | 77 | 88,414 | |
Federal National Mortgage Assoc. | 6.500 | 10/01/32 | 78 | 90,207 | |
Federal National Mortgage Assoc. | 6.500 | 10/01/32 | 504 | 601,997 | |
Federal National Mortgage Assoc. | 6.500 | 10/01/37 | 271 | 324,305 | |
Federal National Mortgage Assoc. | 6.625 | 11/15/30 | 580 | 879,965 | |
Federal National Mortgage Assoc. | 7.000 | 05/01/24 | 6 | 6,375 | |
Federal National Mortgage Assoc. | 7.000 | 05/01/24 | 10 | 10,178 | |
Federal National Mortgage Assoc. | 7.000 | 05/01/24 | 12 | 11,790 | |
Federal National Mortgage Assoc. | 7.000 | 05/01/24 | 44 | 47,710 | |
Federal National Mortgage Assoc. | 7.000 | 12/01/31 | 1 | 1,131 | |
Federal National Mortgage Assoc. | 7.000 | 12/01/31 | 243 | 285,013 |
8
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Federal National Mortgage Assoc. | 7.000 % | 09/01/33 | 62 | $64,240 | |
Federal National Mortgage Assoc. | 7.000 | 11/01/33 | 65 | 66,925 | |
Federal National Mortgage Assoc. | 9.000 | 04/01/25 | 2 | 2,409 | |
Federal National Mortgage Assoc. | 9.500 | 01/01/25 | 1 | 687 | |
Federal National Mortgage Assoc. | 9.500 | 01/01/25 | 2 | 1,718 | |
Federal National Mortgage Assoc. | 9.500 | 01/01/25 | 5 | 5,478 | |
Federal National Mortgage Assoc. | 9.500 | 02/01/25 | 1 | 966 | |
Government National Mortgage Assoc. | 2.000 | TBA | 8,000 | 8,368,184 | |
Government National Mortgage Assoc. | 2.500 | TBA | 10,500 | 11,061,581 | |
Government National Mortgage Assoc. | 2.500 | 12/20/46 | 374 | 395,861 | |
Government National Mortgage Assoc. | 3.000 | TBA | 3,000 | 3,131,309 | |
Government National Mortgage Assoc. | 3.000 | 03/15/45 | 1,385 | 1,444,473 | |
Government National Mortgage Assoc. | 3.000 | 07/20/45 | 2,985 | 3,174,388 | |
Government National Mortgage Assoc. | 3.000 | 07/20/46 | 1,564 | 1,662,593 | |
Government National Mortgage Assoc. | 3.000 | 08/20/46 | 2,910 | 3,093,959 | |
Government National Mortgage Assoc. | 3.000 | 10/20/46 | 232 | 246,668 | |
Government National Mortgage Assoc. | 3.000 | 02/20/47 | 3,999 | 4,249,336 | |
Government National Mortgage Assoc. | 3.000 | 05/20/47 | 765 | 813,818 | |
Government National Mortgage Assoc. | 3.000 | 12/20/47 | 305 | 321,538 | |
Government National Mortgage Assoc. | 3.000 | 04/20/49 | 1,249 | 1,305,926 | |
Government National Mortgage Assoc. | 3.000 | 12/20/49 | 786 | 819,760 | |
Government National Mortgage Assoc. | 3.000 | 01/20/50 | 6,120 | 6,385,442 | |
Government National Mortgage Assoc. | 3.500 | 04/20/42 | 257 | 279,718 | |
Government National Mortgage Assoc. | 3.500 | 01/20/43 | 1,514 | 1,646,536 | |
Government National Mortgage Assoc. | 3.500 | 04/20/43 | 694 | 755,421 | |
Government National Mortgage Assoc. | 3.500 | 03/20/45 | 1,130 | 1,211,518 | |
Government National Mortgage Assoc. | 3.500 | 04/20/45 | 622 | 666,910 | |
Government National Mortgage Assoc. | 3.500 | 07/20/46 | 2,423 | 2,605,499 | |
Government National Mortgage Assoc. | 3.500 | 01/20/47 | 515 | 552,254 | |
Government National Mortgage Assoc. | 3.500 | 03/20/47 | 238 | 255,682 | |
Government National Mortgage Assoc. | 3.500 | 07/20/47 | 1,504 | 1,619,786 | |
Government National Mortgage Assoc. | 3.500 | 02/20/48 | 3,406 | 3,637,021 | |
Government National Mortgage Assoc. | 3.500 | 11/20/48 | 870 | 920,462 | |
Government National Mortgage Assoc. | 3.500 | 01/20/49 | 742 | 790,756 | |
Government National Mortgage Assoc. | 3.500 | 02/20/49 | 4,985 | 5,288,075 | |
Government National Mortgage Assoc. | 3.500 | 05/20/49 | 1,516 | 1,599,437 | |
Government National Mortgage Assoc. | 3.500 | 06/20/49 | 3,437 | 3,626,478 | |
Government National Mortgage Assoc. | 3.500 | 11/20/49 | 1,249 | 1,321,915 | |
Government National Mortgage Assoc. | 3.500 | 12/20/49 | 238 | 251,057 | |
Government National Mortgage Assoc. | 4.000 | 02/20/41 | 338 | 373,751 | |
Government National Mortgage Assoc. | 4.000 | 06/20/44 | 709 | 776,650 | |
Government National Mortgage Assoc. | 4.000 | 08/20/44 | 216 | 236,537 |
9
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 4.000 % | 11/20/45 | 473 | $516,074 | |
Government National Mortgage Assoc. | 4.000 | 11/20/46 | 451 | 490,440 | |
Government National Mortgage Assoc. | 4.000 | 02/20/47 | 454 | 489,744 | |
Government National Mortgage Assoc. | 4.000 | 10/20/47 | 509 | 549,490 | |
Government National Mortgage Assoc. | 4.000 | 12/20/47 | 368 | 398,085 | |
Government National Mortgage Assoc. | 4.000 | 07/20/48 | 1,200 | 1,285,566 | |
Government National Mortgage Assoc. | 4.000 | 02/20/49 | 1,528 | 1,631,450 | |
Government National Mortgage Assoc. | 4.000 | 03/20/49 | 2,483 | 2,646,126 | |
Government National Mortgage Assoc. | 4.500 | 02/20/40 | 203 | 225,660 | |
Government National Mortgage Assoc. | 4.500 | 01/20/41 | 122 | 137,612 | |
Government National Mortgage Assoc. | 4.500 | 02/20/41 | 588 | 663,288 | |
Government National Mortgage Assoc. | 4.500 | 03/20/41 | 301 | 335,094 | |
Government National Mortgage Assoc. | 4.500 | 06/20/44 | 438 | 487,889 | |
Government National Mortgage Assoc. | 4.500 | 02/20/46 | 42 | 47,301 | |
Government National Mortgage Assoc. | 4.500 | 03/20/46 | 214 | 237,608 | |
Government National Mortgage Assoc. | 4.500 | 03/20/47 | 1,194 | 1,307,065 | |
Government National Mortgage Assoc. | 4.500 | 08/20/47 | 227 | 246,493 | |
Government National Mortgage Assoc. | 4.500 | 01/20/48 | 188 | 203,562 | |
Government National Mortgage Assoc. | 4.500 | 02/20/48 | 1,243 | 1,351,487 | |
Government National Mortgage Assoc. | 5.000 | 07/15/33 | 376 | 435,571 | |
Government National Mortgage Assoc. | 5.000 | 09/15/33 | 507 | 582,988 | |
Government National Mortgage Assoc. | 5.000 | 04/15/34 | 16 | 17,184 | |
Government National Mortgage Assoc. | 5.500 | 02/15/34 | 314 | 351,967 | |
Government National Mortgage Assoc. | 5.500 | 02/15/36 | 111 | 129,342 | |
Government National Mortgage Assoc. | 7.000 | 12/15/22 | —(r) | 161 | |
Government National Mortgage Assoc. | 7.000 | 12/15/22 | —(r) | 393 | |
Government National Mortgage Assoc. | 7.000 | 01/15/23 | —(r) | 231 | |
Government National Mortgage Assoc. | 7.000 | 01/15/23 | —(r) | 454 | |
Government National Mortgage Assoc. | 7.000 | 01/15/23 | —(r) | 494 | |
Government National Mortgage Assoc. | 7.000 | 01/15/23 | 1 | 991 | |
Government National Mortgage Assoc. | 7.000 | 01/15/23 | 2 | 1,664 | |
Government National Mortgage Assoc. | 7.000 | 03/15/23 | 1 | 939 | |
Government National Mortgage Assoc. | 7.000 | 03/15/23 | 2 | 1,594 | |
Government National Mortgage Assoc. | 7.000 | 04/15/23 | 1 | 577 | |
Government National Mortgage Assoc. | 7.000 | 04/15/23 | 2 | 1,634 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 61 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 129 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 240 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 312 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 367 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | —(r) | 422 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | 1 | 707 |
10
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 7.000 % | 05/15/23 | 3 | $3,160 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | 4 | 3,881 | |
Government National Mortgage Assoc. | 7.000 | 05/15/23 | 5 | 4,648 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | —(r) | 74 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | —(r) | 317 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | 1 | 608 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | 1 | 915 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | 1 | 1,068 | |
Government National Mortgage Assoc. | 7.000 | 06/15/23 | 2 | 2,060 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | —(r) | 87 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | —(r) | 113 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | —(r) | 150 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | —(r) | 178 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | —(r) | 263 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 1 | 534 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 1 | 694 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 1 | 741 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 1 | 943 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 2 | 1,998 | |
Government National Mortgage Assoc. | 7.000 | 07/15/23 | 9 | 9,174 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | —(r) | 136 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | —(r) | 178 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | —(r) | 276 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | —(r) | 276 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 566 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 846 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 925 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 973 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 1,353 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 1,409 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 1 | 1,441 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 2 | 1,653 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 2 | 1,726 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 3 | 3,122 | |
Government National Mortgage Assoc. | 7.000 | 08/15/23 | 3 | 3,156 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | —(r) | 283 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | —(r) | 368 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | 1 | 567 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | 1 | 597 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | 1 | 610 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | 4 | 4,007 | |
Government National Mortgage Assoc. | 7.000 | 09/15/23 | 15 | 15,863 |
11
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 7.000 % | 10/15/23 | —(r) | $99 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | —(r) | 135 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | —(r) | 212 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | —(r) | 325 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | —(r) | 362 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | —(r) | 462 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 652 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 723 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 727 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 801 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 832 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 849 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 922 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 956 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 1,052 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 1,262 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 1 | 1,373 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 2 | 2,203 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 3 | 2,727 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 4 | 3,862 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 4 | 4,212 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 7 | 7,072 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 8 | 7,988 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 13 | 12,803 | |
Government National Mortgage Assoc. | 7.000 | 10/15/23 | 19 | 20,144 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | —(r) | 312 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | —(r) | 398 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | —(r) | 479 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 601 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 603 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 659 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 1,016 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 1,054 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 1 | 1,493 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 2 | 1,838 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 2 | 2,202 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 2 | 2,439 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 2 | 2,480 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 3 | 2,620 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 3 | 3,123 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 4 | 3,750 | |
Government National Mortgage Assoc. | 7.000 | 11/15/23 | 7 | 7,867 |
12
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 7.000 % | 12/15/23 | —(r) | $187 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | —(r) | 235 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | —(r) | 244 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | —(r) | 298 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | —(r) | 301 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | —(r) | 398 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 643 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 682 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 682 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 807 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 991 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 1,031 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 1,034 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 1 | 1,436 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 2 | 1,516 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 2 | 1,584 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 2 | 1,663 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 2 | 1,974 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 2 | 2,058 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 3 | 2,867 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 3 | 2,975 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 3 | 3,102 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 4 | 3,849 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 5 | 5,026 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 6 | 5,762 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 7 | 7,178 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 10 | 9,712 | |
Government National Mortgage Assoc. | 7.000 | 12/15/23 | 11 | 11,431 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | —(r) | 246 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | —(r) | 344 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | —(r) | 505 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 545 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 861 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 1,000 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 1,113 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 1,276 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 1 | 1,475 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 2 | 1,726 | |
Government National Mortgage Assoc. | 7.000 | 01/15/24 | 3 | 2,657 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | —(r) | 257 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | —(r) | 273 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | —(r) | 483 |
13
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 7.000 % | 02/15/24 | 1 | $841 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | 1 | 971 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | 1 | 1,125 | |
Government National Mortgage Assoc. | 7.000 | 02/15/24 | 5 | 5,675 | |
Government National Mortgage Assoc. | 7.000 | 03/15/24 | —(r) | 76 | |
Government National Mortgage Assoc. | 7.000 | 03/15/24 | —(r) | 180 | |
Government National Mortgage Assoc. | 7.000 | 03/15/24 | 1 | 676 | |
Government National Mortgage Assoc. | 7.000 | 03/15/24 | 1 | 1,250 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | —(r) | 66 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | —(r) | 69 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | —(r) | 194 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | —(r) | 498 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 1 | 533 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 1 | 657 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 1 | 773 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 1 | 1,092 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 1 | 1,373 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 5 | 4,613 | |
Government National Mortgage Assoc. | 7.000 | 04/15/24 | 5 | 5,151 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | —(r) | 152 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | —(r) | 269 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | —(r) | 328 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | —(r) | 495 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 1 | 1,051 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 1 | 1,453 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 2 | 1,690 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 2 | 2,079 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 3 | 2,894 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 4 | 4,489 | |
Government National Mortgage Assoc. | 7.000 | 05/15/24 | 6 | 6,604 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | —(r) | 122 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | —(r) | 162 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | —(r) | 257 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 1 | 528 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 1 | 1,252 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 2 | 2,214 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 2 | 2,303 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 3 | 2,769 | |
Government National Mortgage Assoc. | 7.000 | 06/15/24 | 5 | 4,842 | |
Government National Mortgage Assoc. | 7.000 | 07/15/24 | —(r) | 375 | |
Government National Mortgage Assoc. | 7.000 | 07/15/24 | 2 | 1,808 | |
Government National Mortgage Assoc. | 7.000 | 02/15/29 | 6 | 5,956 |
14
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Government National Mortgage Assoc. | 7.500 % | 01/15/23 | —(r) | $25 | |
Government National Mortgage Assoc. | 7.500 | 01/15/23 | —(r) | 113 | |
Government National Mortgage Assoc. | 7.500 | 03/15/23 | —(r) | 244 | |
Government National Mortgage Assoc. | 7.500 | 05/15/23 | 3 | 2,816 | |
Government National Mortgage Assoc. | 7.500 | 06/15/23 | —(r) | 113 | |
Government National Mortgage Assoc. | 7.500 | 07/15/23 | —(r) | 127 | |
Government National Mortgage Assoc. | 7.500 | 09/15/23 | 2 | 1,621 | |
Government National Mortgage Assoc. | 7.500 | 10/15/23 | 2 | 2,460 | |
Government National Mortgage Assoc. | 7.500 | 10/15/23 | 5 | 5,809 | |
Government National Mortgage Assoc. | 7.500 | 11/15/23 | —(r) | 484 | |
Government National Mortgage Assoc. | 7.500 | 11/15/23 | 6 | 6,164 | |
Government National Mortgage Assoc. | 7.500 | 12/15/23 | —(r) | 448 | |
Government National Mortgage Assoc. | 7.500 | 12/15/23 | 2 | 1,527 | |
Government National Mortgage Assoc. | 7.500 | 01/15/24 | 1 | 613 | |
Government National Mortgage Assoc. | 7.500 | 01/15/24 | 1 | 851 | |
Government National Mortgage Assoc. | 7.500 | 01/15/24 | 1 | 1,352 | |
Government National Mortgage Assoc. | 7.500 | 01/15/24 | 6 | 6,375 | |
Government National Mortgage Assoc. | 7.500 | 01/15/24 | 8 | 7,786 | |
Government National Mortgage Assoc. | 7.500 | 02/15/24 | 1 | 599 | |
Government National Mortgage Assoc. | 7.500 | 02/15/24 | 7 | 7,389 | |
Government National Mortgage Assoc. | 7.500 | 03/15/24 | 2 | 2,181 | |
Government National Mortgage Assoc. | 7.500 | 04/15/24 | 2 | 1,746 | |
Government National Mortgage Assoc. | 7.500 | 04/15/24 | 2 | 1,812 | |
Government National Mortgage Assoc. | 7.500 | 04/15/24 | 4 | 4,368 | |
Government National Mortgage Assoc. | 7.500 | 05/15/24 | —(r) | 155 | |
Government National Mortgage Assoc. | 7.500 | 06/15/24 | —(r) | 255 | |
Government National Mortgage Assoc. | 7.500 | 06/15/24 | 1 | 909 | |
Government National Mortgage Assoc. | 7.500 | 06/15/24 | 3 | 2,797 | |
Government National Mortgage Assoc. | 7.500 | 06/15/24 | 4 | 3,822 | |
Government National Mortgage Assoc. | 7.500 | 07/15/24 | 3 | 3,271 | |
Government National Mortgage Assoc. | 7.500 | 07/15/24 | 7 | 7,050 | |
Government National Mortgage Assoc. | 8.500 | 04/15/25 | 65 | 71,882 | |
Government National Mortgage Assoc. | 9.500 | 07/20/21 | —(r) | 5 | |
Israel Government, USAID Bond, Gov’t. Gtd. Notes | 5.500 | 09/18/33 | 500 | 736,785 | |
Resolution Funding Corp. Interest Strips, Bonds | 1.547(s) | 04/15/28 | 900 | 817,983 | |
Resolution Funding Corp. Interest Strips, Bonds | 2.046(s) | 01/15/30 | 280 | 245,276 | |
Resolution Funding Corp. Interest Strips, Bonds | 2.477(s) | 01/15/29 | 500 | 448,494 | |
Resolution Funding Corp. Interest Strips, Bonds | 3.624(s) | 04/15/30 | 1,000 | 876,965 | |
Resolution Funding Corp. Principal Strips, Bonds, PO | 2.737(s) | 01/15/30 | 1,540 | 1,366,153 | |
Resolution Funding Corp. Principal Strips, Bonds, PO | 3.114(s) | 04/15/30 | 2,280 | 2,016,963 | |
Tennessee Valley Authority, Sr. Unsec’d. Notes | 0.750 | 05/15/25 | 1,485 | 1,504,250 | |
Tennessee Valley Authority, Sr. Unsec’d. Notes | 2.875 | 02/01/27 | 335 | 376,969 |
15
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Government Agency Obligations (Continued) | |||||
Tennessee Valley Authority, Sr. Unsec’d. Notes | 5.880 % | 04/01/36 | 170 | $261,175 | |
Tennessee Valley Authority, Sr. Unsec’d. Notes | 6.750 | 11/01/25 | 1,300 | 1,684,827 | |
Tennessee Valley Authority, Sr. Unsec’d. Notes | 7.125 | 05/01/30 | 1,170 | 1,784,897 | |
Total U.S. Government Agency Obligations (cost $374,145,351) | 382,525,131 | ||||
U.S. Treasury Obligations 38.6% | |||||
U.S. Treasury Bonds | 1.625 | 11/15/50 | 4,860 | 4,913,156 | |
U.S. Treasury Bonds | 2.875 | 05/15/43 | 18,620 | 23,824,872 | |
U.S. Treasury Bonds | 3.000 | 11/15/44 | 22,455 | 29,412,542 | |
U.S. Treasury Bonds | 3.125 | 02/15/43 | 3,590 | 4,768,530 | |
U.S. Treasury Bonds | 3.125 | 08/15/44 | 8,300 | 11,077,906 | |
U.S. Treasury Bonds | 3.375 | 05/15/44 | 22,885 | 31,688,574 | |
U.S. Treasury Bonds | 3.625 | 08/15/43(k) | 22,440 | 32,078,681 | |
U.S. Treasury Bonds | 3.625 | 02/15/44 | 7,315 | 10,483,309 | |
U.S. Treasury Bonds | 3.750 | 11/15/43 | 40,095 | 58,407,138 | |
U.S. Treasury Notes | 0.500 | 06/30/27 | 840 | 836,194 | |
U.S. Treasury Notes | 2.375 | 08/15/24 | 1,155 | 1,245,776 | |
U.S. Treasury Notes | 3.125 | 11/15/28 | 30,865 | 36,661,833 | |
U.S. Treasury Strips Coupon | 0.768(s) | 05/15/30 | 1,145 | 1,046,512 | |
U.S. Treasury Strips Coupon | 0.919(s) | 02/15/29 | 8,675 | 8,095,876 | |
U.S. Treasury Strips Coupon | 1.020(s) | 05/15/33 | 820 | 707,923 | |
U.S. Treasury Strips Coupon | 1.052(s) | 05/15/29 | 10,710 | 9,954,025 | |
U.S. Treasury Strips Coupon | 1.122(s) | 02/15/36 | 480 | 394,481 | |
U.S. Treasury Strips Coupon | 1.123(s) | 05/15/36 | 815 | 666,167 | |
U.S. Treasury Strips Coupon | 1.225(s) | 02/15/41 | 150 | 111,486 | |
U.S. Treasury Strips Coupon | 1.351(s) | 08/15/43 | 350 | 244,549 | |
U.S. Treasury Strips Coupon | 1.389(s) | 05/15/43 | 4,550 | 3,207,395 | |
U.S. Treasury Strips Coupon | 1.417(s) | 02/15/38 | 810 | 638,476 | |
U.S. Treasury Strips Coupon | 1.450(s) | 08/15/42 | 180 | 129,213 | |
U.S. Treasury Strips Coupon | 1.453(s) | 02/15/39(k) | 11,255 | 8,692,289 | |
U.S. Treasury Strips Coupon | 1.463(s) | 11/15/42 | 475 | 338,976 | |
U.S. Treasury Strips Coupon | 1.505(s) | 11/15/41 | 2,445 | 1,784,086 | |
U.S. Treasury Strips Coupon | 1.677(s) | 02/15/43(k) | 19,800 | 14,054,906 | |
U.S. Treasury Strips Coupon | 1.787(s) | 05/15/41 | 13,445 | 9,934,069 | |
U.S. Treasury Strips Coupon | 1.872(s) | 05/15/31 | 1,100 | 984,973 | |
U.S. Treasury Strips Coupon | 1.982(s) | 08/15/39 | 2,050 | 1,568,250 | |
U.S. Treasury Strips Coupon | 2.010(s) | 08/15/30 | 1,585 | 1,439,688 | |
U.S. Treasury Strips Coupon | 2.056(s) | 11/15/38 | 590 | 458,080 | |
U.S. Treasury Strips Coupon | 2.089(s) | 11/15/35 | 1,525 | 1,258,899 | |
U.S. Treasury Strips Coupon | 2.172(s) | 02/15/28 | 695 | 659,191 |
16
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
U.S. Treasury Obligations (Continued) | |||||
U.S. Treasury Strips Coupon | 2.188 %(s) | 05/15/39 | 1,505 | $1,156,087 | |
U.S. Treasury Strips Coupon | 2.228(s) | 05/15/28 | 345 | 325,944 | |
U.S. Treasury Strips Coupon | 2.251(s) | 08/15/40 | 2,200 | 1,651,375 | |
U.S. Treasury Strips Coupon | 2.334(s) | 08/15/41 | 1,760 | 1,291,881 | |
U.S. Treasury Strips Coupon | 2.353(s) | 02/15/44 | 620 | 429,011 | |
U.S. Treasury Strips Coupon | 2.365(s) | 05/15/44 | 2,275 | 1,566,284 | |
U.S. Treasury Strips Coupon | 2.365(s) | 11/15/44 | 7,750 | 5,273,027 | |
U.S. Treasury Strips Coupon | 2.418(s) | 08/15/35 | 25 | 20,735 | |
U.S. Treasury Strips Coupon | 2.434(s) | 11/15/45 | 590 | 392,834 | |
U.S. Treasury Strips Coupon | 2.436(s) | 02/15/46 | 665 | 440,069 | |
U.S. Treasury Strips Coupon | 2.480(s) | 11/15/43 | 13,768 | 9,590,810 | |
U.S. Treasury Strips Coupon | 3.117(s) | 08/15/27 | 920 | 878,025 | |
Total U.S. Treasury Obligations (cost $320,463,337) | 334,784,103 | ||||
Total Long-Term Investments (cost $834,751,530) | 867,492,533 |
Shares | |||||
Short-Term Investments 12.6% | |||||
Affiliated Mutual Fund 12.6% | |||||
PGIM Core Ultra Short Bond Fund (cost $109,676,222)(w) | 109,676,222 | 109,676,222 | |||
Option Purchased*~ 0.0% | |||||
(cost $102,681) | 168,609 | ||||
TOTAL SHORT-TERM INVESTMENTS (cost $109,778,903) | 109,844,831 | ||||
TOTAL INVESTMENTS, BEFORE OPTIONS WRITTEN 112.6% (cost $944,530,433) | 977,337,364 | ||||
Options Written*~ (0.0)% | |||||
(premiums received $35,272) | (40,875) | ||||
TOTAL INVESTMENTS, NET OF OPTIONS WRITTEN 112.6% (cost $944,495,161) | 977,296,489 | ||||
Liabilities in excess of other assets(z) (12.6)% | (109,625,484) | ||||
Net Assets 100.0% | $867,671,005 |
17
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
A—Annual payment frequency for swaps | |
Aces—Alternative Credit Enhancements Securities | |
CLO—Collateralized Loan Obligation | |
FHLMC—Federal Home Loan Mortgage Corporation | |
IO—Interest Only (Principal amount represents notional) | |
LIBOR—London Interbank Offered Rate | |
MTN—Medium Term Note | |
PO—Principal Only | |
Strips—Separate Trading of Registered Interest and Principal of Securities | |
TBA—To Be Announced | |
USAID—United States Agency for International Development | |
USOIS—United States Overnight Index Swap |
* | Non-income producing security. |
# | Principal or notional amount is shown in U.S. dollars unless otherwise stated. |
~ | See tables subsequent to the Schedule of Investments for options detail. |
(c) | Variable rate instrument. The interest rate shown reflects the rate in effect at November 30, 2020. |
(cc) | Variable rate instrument. The rate shown is based on the latest available information as of November 30, 2020. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
(k) | Represents security, or a portion thereof, segregated as collateral for centrally cleared/exchange-traded derivatives. |
(r) | Principal or notional amount is less than $500 par. |
(s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
(tt) | All or partial principal amount represents “TBA” mortgage dollar rolls. The aggregate mortgage dollar roll principal amount of 3,500,000 is 0.40% of net assets. |
(w) | PGIM Investments LLC, the manager of the Fund, also serves as manager of the PGIM Core Ultra Short Bond Fund. |
(z) | Includes net unrealized appreciation/(depreciation) and/or market value of the below holdings which are excluded from the Schedule of Investments: |
Forward Commitment Contracts | |||||||||||
U.S. Government Agency Obligations | Interest Rate | Maturity Date | Settlement Date | Principal Amount (000)# | Value | ||||||
Federal National Mortgage Assoc. | 2.500% | TBA | 01/14/21 | (3,500) | $(3,660,455) | ||||||
Federal National Mortgage Assoc. | 3.500% | TBA | 12/14/20 | (2,500) | (2,637,207) | ||||||
TOTAL FORWARD COMMITMENT CONTRACTS (proceeds receivable $6,292,734) | $(6,297,662) |
18
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Options Purchased:
Exchange Traded | |||||||||||||||
Description | Call/ Put | Expiration Date | Strike | Contracts | Notional Amount (000)# | Value | |||||||||
10 Year U.S. Treasury Notes Futures | Call | 12/24/20 | $138.00 | 327 | 327 | $168,609 | |||||||||
(cost $102,681) |
Options Written:
Exchange Traded | |||||||||||||||
Description | Call/ Put | Expiration Date | Strike | Contracts | Notional Amount (000)# | Value | |||||||||
10 Year U.S. Treasury Notes Futures | Call | 12/24/20 | $139.00 | 327 | 327 | $(40,875) | |||||||||
(premiums received $35,272) |
Futures contracts outstanding at November 30, 2020: | ||||||||
Number of Contracts | Type | Expiration Date | Current Notional Amount | Value / Unrealized Appreciation (Depreciation) | ||||
Long Positions: | ||||||||
412 | 2 Year U.S. Treasury Notes | Mar. 2021 | $90,990,843 | $45,381 | ||||
927 | 5 Year U.S. Treasury Notes | Mar. 2021 | 116,830,969 | 180,336 | ||||
101 | 10 Year U.S. Treasury Notes | Mar. 2021 | 13,955,360 | 42,662 | ||||
268,379 | ||||||||
Short Positions: | ||||||||
699 | 10 Year U.S. Ultra Treasury Notes | Mar. 2021 | 109,830,375 | (196,890) | ||||
537 | 30 Year U.S. Ultra Treasury Bonds | Mar. 2021 | 116,008,781 | 264,064 | ||||
67,174 | ||||||||
$335,553 |
Interest rate swap agreements outstanding at November 30, 2020:
Notional Amount (000)# | Termination Date | Fixed Rate | Floating Rate | Value at Trade Date | Value at November 30, 2020 | Unrealized Appreciation (Depreciation) | ||||||||
Centrally Cleared Interest Rate Swap Agreement: | ||||||||||||||
2,429 | 08/09/49 | 1.508%(A) | 1 Day USOIS(1)(A) | $(493,230) | $(275,980) | $217,250 |
(1) | The Fund pays the fixed rate and receives the floating rate. |
(2) | The Fund pays the floating rate and receives the fixed rate. |
19
PGIM Government Income Fund
Schedule of Investments (unaudited) (continued)
as of November 30, 2020
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
20