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Morningstar

PGIM California Muni Income Z PCIZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 9.60  /  0.51 %
  • Total Assets 227.0 Mil
  • Adj. Expense Ratio
    0.390%
  • Expense Ratio 0.390%
  • Distribution Fee Level Low
  • Share Class Type Institutional
  • Category Muni California Intermediate
  • Credit Quality / Interest Rate Sensitivity Medium / Limited
  • Min. Initial Investment —
  • Status Open
  • TTM Yield 2.59%
  • Effective Duration 4.16 years

USD | NAV as of Sep 21, 2023 | 1-Day Return as of Sep 21, 2023, 10:29 PM GMT+0

Morningstar’s Analysis PCIZX

Will PCIZX outperform in 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 PCIZX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the PCIZX 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 PCIZX’s parent organization’s priorities and whether they’re in line with investors’ interests.

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit PGIM California Muni Income Z to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The portfolio maintains a cost advantage over competitors, priced within the least expensive fee quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PCIZX

More PCIZX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 175
  • Other Holdings 3
  • % Assets in Top 10 Holdings 14.5
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

UNIV CALIF REGTS MED CTR POOLED REV 2.8%

2.51
5,700,000
municipal

CHINO BASIN CALIF REGL FING AUTH REV 4%

2.03
4,613,262
municipal

NORTHERN CALIF ENERGY AUTH COMMODITY SUPPLY REV 4%

1.90
4,297,580
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.43
3,231,418
municipal

LOS ANGELES CALIF 5%

1.34
3,045,600
municipal

LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5%

1.25
2,831,752
municipal

LOS ANGELES CALIF CMNTY COLLEGE DIST 5%

1.12
2,542,318
municipal

CALIFORNIA HEALTH FACS FING AUTH REV 5%

1.11
2,520,744
municipal

CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 4.41%

1.10
2,499,122
municipal

CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 4%

1.09
2,471,806
municipal