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Morningstar

PGIM Short Duration Muni C PDSCX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 9.82  /  0.00 %
  • Total Assets 210.5 Mil
  • Adj. Expense Ratio
    1.490%
  • Expense Ratio 1.490%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Short
  • Credit Quality / Interest Rate Sensitivity Medium/Limited
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.23%
  • Effective Duration 3.07 years

USD | NAV as of Apr 19, 2024 | 1-Day Return as of Apr 19, 2024, 10:18 PM GMT+0

Morningstar’s Analysis PDSCX

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

  • People Pillar

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

Still settling into its high-quality, short-duration peer group.

Associate Analyst Max Curtin

Max Curtin

Associate Analyst

Summary

PGIM Short Duration Muni’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 Morningstar Medalist Ratings of Neutral and Negative, depending on fees.

by Max Curtin
Rated on Published on

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Portfolio Holdings PDSCX

More PDSCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%

2.33 4.9 Mil
municipal

MAIN STR NAT GAS INC GA GAS SUPPLY REV 4%

1.94 4.1 Mil
municipal

GREATER ORLANDO AVIATION AUTH ORLANDO FLA ARPT FACS REV 5%

1.70 3.6 Mil
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

1.30 2.7 Mil
municipal

RAILSPLITTER TOB SETTLEMENT AUTH ILL SETTLEMENT REV 5%

1.29 2.7 Mil
municipal

DENVER COLO CITY & CNTY ARPT REV 5%

1.28 2.7 Mil
municipal

NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5%

1.25 2.6 Mil
municipal

ORANGE CNTY FLA HEALTH FACS AUTH REV 5%

1.23 2.6 Mil
municipal

GULF COAST WASTE DISP AUTH TEX ENVIRONMENTAL FACS REV 4.57%

1.14 2.4 Mil
municipal

ARIZONA HEALTH FACS AUTH REV 5.54%

1.12 2.4 Mil
municipal