Shareholder Report | 12 Months Ended |
Dec. 31, 2024 USD ($) Holdings |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Prudential Short-Term Corporate Bond Fund, Inc. |
Entity Central Index Key | 0000834126 |
Entity Investment Company Type | N-1A |
Document Period End Date | Dec. 31, 2024 |
PGIM Short-Term Corporate Bond Fund - Class A | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class A |
Trading Symbol | PBSMX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class A shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class A $73 0.71% |
Expenses Paid, Amount | $ 73 |
Expense Ratio, Percent | 0.71% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED THE FUND’S PERFORMANCE DURING THE REPORTING PERIOD? ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help manage on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Ten Years (%) Class A with sales charges 2.51% 1.28% 1.83% Class A without sales charges 4.87% 1.75% 2.06% Bloomberg US Aggregate Bond Index* 1.25% -0.33% 1.35% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.28% *The Fund has added this broad-based index in response to new |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME KEY FUND STATISTICS AS OF 12/31/2024? Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM Short-Term Corporate Bond Fund - Class C | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class C |
Trading Symbol | PIFCX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class C shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class C $152 1.49% |
Expenses Paid, Amount | $ 152 |
Expense Ratio, Percent | 1.49% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED THE FUND’S PERFORMANCE DURING THE REPORTING PERIOD? ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period the and forwards to help manage duration positioning and yield curve exposure. Overall, the use of these derivatives had a negative impact on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Ten Years (%) Class C with sales charges 3.06% 0.98% 1.31% Class C without sales charges 4.06% 0.98% 1.31% Bloomberg US Aggregate Bond Index* 1.25% -0.33% 1.35% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.28% *The Fund has added this broad-based index in response |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME KEY FUND STATISTICS Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM Short-Term Corporate Bond Fund - Class R | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class R |
Trading Symbol | JDTRX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class R shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class R $106 1.04% |
Expenses Paid, Amount | $ 106 |
Expense Ratio, Percent | 1.04% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED THE FUND’S PERFORMANCE DURING THE REPORTING PERIOD? ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Ten Years (%) Fund 4.52% 1.42% 1.76% Bloomberg US Aggregate Bond Index* 1.25% -0.33% 1.35% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.28% *The Fund has added this broad-based index in response to new regulatory requirements |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM SHORT-TERM CORPORATE BOND FUND - CLASS Z | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class Z |
Trading Symbol | PIFZX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class Z shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class Z $48 0.47% |
Expenses Paid, Amount | $ 48 |
Expense Ratio, Percent | 0.47% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help manage duration positioning and yield curve exposure. Overall, the use of these derivatives had a negative impact on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Ten Years (%) Fund 5.12% 1.98% 2.31% Bloomberg US Aggregate Bond Index* 1.25% -0.33% 1.35% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.28% *The Fund has added this broad-based index in response to new regulatory requirements. |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME KEY FUND STATISTICS AS OF 12/31/2024? Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE SOME CHARACTERISTICS OF THE FUND’S HOLDINGS AS OF 12/31/2024? Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM SHORT-TERM CORPORATE BOND FUND - CLASS R2 | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class R2 |
Trading Symbol | PIFEX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class R2 shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class R2 $90 0.88% |
Expenses Paid, Amount | $ 90 |
Expense Ratio, Percent | 0.88% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help manage duration positioning and yield curve exposure. Overall, the use of these derivatives had a negative impact on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Since Inception (%) Fund 4.69% 1.59% 2.05% (12/27/2017) Bloomberg US Aggregate Bond Index* 1.25% -0.33% 0.97% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.41% *The Fund has added this broad-based index in response to new regulatory r equir |
Performance Inception Date | Dec. 27, 2017 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME KEY FUND STATISTICS AS OF 12/31/2024? Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE SOME CHARACTERISTICS OF THE FUND’S HOLDINGS AS OF 12/31/2024? Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM SHORT-TERM CORPORATE BOND FUND - CLASS R4 | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class R4 |
Trading Symbol | PIFGX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class R4 shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE LAST YEAR? (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class R4 $65 0.63% |
Expenses Paid, Amount | $ 65 |
Expense Ratio, Percent | 0.63% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED THE FUND’S PERFORMANCE DURING THE REPORTING PERIOD? ■ During employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help manage duration positioning and yield curve exposure. Overall, the use of these derivatives had a negative impact on performance. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Since Inception (%) Fund 4.95% 1.84% 2.31% (12/27/2017) Bloomberg US Aggregate Bond Index* 1.25% -0.33% 0.97% 4.72% 1.85% 2.41% *The Fund h a |
Performance Inception Date | Dec. 27, 2017 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME KEY FUND STATISTICS AS OF 12/31/2024? Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |
PGIM SHORT-TERM CORPORATE BOND FUND - CLASS R6 | |
Shareholder Report [Line Items] | |
Fund Name | PGIM Short-Term Corporate Bond Fund |
Class Name | Class R6 |
Trading Symbol | PSTQX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Class R6 shares of PGIM Short-Term Corporate Bond Fund (the “Fund”) for the period of January 1, 2024 to December 31, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at pgim.com/investments/mutual-funds/prospectuses-fact-sheets . You can also request this information by contacting us at (800) 225-1852 or (973) 367-3529 from outside the US. |
Additional Information Phone Number | (800) 225-1852 or (973) 367-3529 |
Additional Information Website | pgim.com/investments/mutual-funds/prospectuses-fact-sheets |
Expenses [Text Block] | WHAT WERE (Based on a hypothetical $10,000 investment) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment PGIM Short-Term Corporate Bond Fund—Class R6 $39 0.38% |
Expenses Paid, Amount | $ 39 |
Expense Ratio, Percent | 0.38% |
Factors Affecting Performance [Text Block] | WHAT AFFECTED ■ During the reporting period, market expectations for both the timing and number of rate cuts fluctuated significantly as inflation slowed and employment data showed some signs of softening. The US Federal Reserve's easing cycle—which began in September of 2024 with a 50-basis-point (bp) rate cut followed by two separate 25-bp cuts—was preceded by a re-steepening of the US Treasury curve and greater market volatility due to election and fiscal uncertainty. (One basis point equals 0.01%.) As demand for yield remained robust, credit spreads largely tightened, and performance across fixed income sectors was positive. ■ The following contributed most to the Fund’s performance relative to the Bloomberg 1-5 Year US Credit Index (the Index) during the period: security selection in US investment-grade corporates and US high yield corporates; positioning in AAA collateralized loan obligations (CLOs) and non-agency AAA commercial mortgage-backed securities (CMBS); underweights to the sovereign credit and emerging-markets investment-grade sectors; credit positioning in banking, electric utilities, healthcare & pharmaceuticals, midstream energy, and technology; and having more risk over the period, on average, than the Index (from a market perspective). ■ The following detracted most from the Fund’s performance relative to the Index during the reporting period: security selection in US Treasuries, largely driven by the use of futures. ■ During the period, the Fund utilized derivatives in the form of credit default swaps to manage credit risk, as well as financial futures, options, and forwards to help manage duration positioning and yield curve exposure. Overall, the use of these derivatives had a negative impact on performance |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | Average Annual Total Returns as of 12/31/2024 One Year (%) Five Years (%) Ten Years (%) Fund 5.21% 2.09% 2.42% Bloomberg US Aggregate Bond Index* 1.25% -0.33% 1.35% Bloomberg 1-5 Year US Credit Index 4.72% 1.85% 2.28% *The Fund has added this broad |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit pgim.com/investments/mutual-funds/prospectuses-fact-sheets or call (800) 225-1852 or (973) 367-3529 from outside the US for more recent performance data. |
Net Assets | $ 8,290,600,143 |
Holdings Count | Holdings | 559 |
Advisory Fees Paid, Amount | $ 30,762,796 |
Investment Company, Portfolio Turnover | 46% |
Additional Fund Statistics [Text Block] | WHAT ARE SOME Fund’s net assets $ 8,290,600,143 Number of fund holdings 559 Total advisory fees paid for the year $ 30,762,796 Portfolio turnover rate for the year 46% |
Holdings [Text Block] | WHAT ARE SOME CHARACTERISTICS OF THE FUND’S HOLDINGS AS OF 12/31/2024? Credit Quality expressed as a percentage of total investments as of 12/31/2024 (%) AAA 14.6 AA 9.1 A 25.8 BBB 47.3 BB 1.3 B 0.1 Not Rated 0.4 Cash/Cash Equivalents 1.4 Total 100.0 |
Credit Quality Explanation [Text Block] | Credit ratings reflect the highest rating assigned by a nationally recognized statistical rating organization (NRSRO) such as Moody’s Investors Service, Inc. (Moody’s), S&P Global Ratings (S&P), or Fitch Ratings, Inc. (Fitch). Credit ratings reflect the common nomenclature used by both S&P and Fitch. Where applicable, ratings are converted to the comparable S&P/Fitch rating tier nomenclature. The Not Rated category consists of securities that have not been rated by an NRSRO. Credit ratings are subject to change. |