PGIM Short Duration Muni’s strong team and value-conscious approach make it a solid choice in its new muni national short Morningstar Category, earning it a Morningstar Analyst Rating of Bronze for the strategy’s cheapest share classes, while its more-expensive share classes earn Neutral and Negative ratings.
PGIM Short Duration Muni R6 PDSQX
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will PDSQX 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 PDSQX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the PDSQX 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 PDSQX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Worth a look, but it’s still transitioning to its new investment-grade mandate.
