PGIM Muni High Income’s year-end 2021 leadership change warrants pause before gauging how well the new lead manager and head of municipal bonds can blend his style with this established approach; the strategy earns a Morningstar Medalist Rating of Neutral.
PGIM Muni High Income A PRHAX
- NAV / 1-Day Return 9.41 / +0.01 %
- Total Assets 745.8 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.810%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.30%
- Effective Duration 6.59 years
USD | NAV as of Mar 28, 2024 | 1-Day Return as of Mar 28, 2024, 10:16 PM GMT+0
Morningstar’s Analysis PRHAX
Will PRHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.7
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 3.10 | 23.0 Mil | municipal |
TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% | 2.09 | 15.5 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.97 | 14.6 Mil | municipal |
VanEck High Yield Muni ETF | 1.75 | 13.0 Mil | — |
iShares National Muni Bond ETF | 1.47 | 10.9 Mil | — |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | 1.44 | 10.7 Mil | municipal |
PUERTO RICO COMWLTH 5.75% | 1.12 | 8.3 Mil | municipal |
PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | 1.02 | 7.6 Mil | municipal |
Prudential Invt Portfolios 2 | 0.90 | 6.7 Mil | — |
NEW YORK ST URBAN DEV CORP REV 5% | 0.88 | 6.5 Mil | municipal |