Morningstar

PGIM Short Duration Muni Fund- Class A PDSAX

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  • NAV / 1-Day Return $9.73  /  +0.31 %
  • Fund Size $341.1M
  • Adjusted Expense Ratio 0.600%
  • Net Expense Ratio 0.600%
  • Fee Level: Distribution Below Average
  • Share Class Type Front Load
  • Morningstar Category Muni National Short
  • Fixed-Income Style Box (Funds) Medium/Limited
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 3.11%
  • Average Effective Duration 3.41 yrs
NAV and 1-Day Return as of

Morningstar’s Analysis PDSAX

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

  • People Pillar

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

Not afraid to search outside the box.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM Short Duration Muni’s tactical and opportunistic approach to bond structure is additive to this bottom-up-focused approach.

by Max Curtin
Rated on Published on

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Portfolio Holdings PDSAX

More PDSAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 8.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

3.58 13M
Cash and Equivalents

AQUARION WTR AUTH CONN WTR SYS REV 5.25%

1.28 5M
municipal

CHICAGO ILL 5%

1.06 4M
municipal

OREGON ST 6.25%

0.95 3M
municipal

NEBRASKA INVT FIN AUTH SINGLE FAMILY HSG REV 6.25%

0.91 3M
municipal

NEW JERSEY ST TPK AUTH TPK REV 5%

0.90 3M
municipal

SAN ANTONIO TEX ELEC & GAS REV 3.15%

0.88 3M
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.79 3M
municipal

UTAH CNTY UTAH HOSP REV 5%

0.78 3M
municipal

MARICOPA CNTY ARIZ INDL DEV AUTH REV 5%

0.75 3M
municipal

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