The PGIM TIPS Fund Class R6 (PQTSX) is a mutual fund that focuses on investing in Treasury Inflation-Protected Securities (TIPS). These securities are backed by the US government and provide protection against inflation by adjusting their principal value based on changes in the Consumer Price Index. The fund aims to provide investors with a stable income stream and potential for long-term growth while also mitigating the effects of inflation. As a Class R6 fund, it is designed for institutional investors and has a lower expense ratio compared to other share classes.