Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.
PGIM California Muni Income A PBCAX
- NAV / 1-Day Return 9.77 / −0.09 %
- Total Assets 236.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.690%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Muni California Intermediate
- Credit Quality / Interest Rate Sensitivity Medium/Limited
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 2.43%
- Effective Duration 4.35 years
USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 10:14 PM GMT+0
Morningstar’s Analysis PBCAX
Will PBCAX 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 16.2
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Prudential Invt Portfolios 2 | 4.33 | 10.2 Mil | — |
NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4% | 1.83 | 4.3 Mil | municipal |
CALIFORNIA HEALTH FACS FING AUTH REV 5% | 1.70 | 4.0 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 1.50 | 3.5 Mil | municipal |
LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5% | 1.27 | 3.0 Mil | municipal |
LOS ANGELES CALIF CMNTY COLLEGE DIST 5% | 1.26 | 3.0 Mil | municipal |
IRVINE CALIF FACS FING AUTH SPL TAX REV 5.25% | 1.23 | 2.9 Mil | municipal |
CALIFORNIA ST 5% | 1.10 | 2.6 Mil | municipal |
PORT OAKLAND CALIF REV 5% | 1.08 | 2.5 Mil | municipal |
CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4% | 1.07 | 2.5 Mil | municipal |