Morningstar

PGIM National Muni Fund - Class Z DNMZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 13.43  /  +0.37 %
  • Total Assets 1.2B
  • Adj. Expense Ratio
    0.360%
  • Expense Ratio 0.360%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 0
  • Status Open
  • TTM Yield 3.70%
  • Effective Duration 4.96 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:53 AM GMT+0

Morningstar’s Analysis DNMZX

Will DNMZX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DNMZX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the DNMZX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of DNMZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM National Muni Z holds a quantitatively derived Gold Morningstar Medalist Rating. The rating reflects that it has scored particularly well on factors Morningstar research associates with future outperformance relative to category peers.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings DNMZX

More DNMZX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

3.69 47M
Cash and Equivalents

Vanguard Tax-Exempt Bond ETF

1.12 14M
—

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

0.94 12M
municipal

iShares National Muni Bond ETF

0.92 12M
—

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.79 10M
municipal

MINNESOTA MUN GAS AGY GAS PROJ REV 5%

0.71 9M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.68 9M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.62 8M
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%

0.57 7M
municipal

DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 6.75%

0.53 7M
municipal

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