PDSQX – PGIM Short Duration Muni R6 Investment Strategy | Morningstar

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Strategy

The investment seeks a high level of current income exempt from federal income taxes. The fund seeks to achieve its investment objective by investing, under normal conditions, at least 80% of its investable assets in municipal bonds that pay interest which is exempt from regular federal personal income tax. It seeks to maintain a weighted average portfolio duration of approximately four years or less.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
PDSZX	PGIM Short Duration Muni Fund- Class Z	Institutional	Open			May 29, 2014	$191.80M	0.320%	Below Average	$0	$62.22M
PDSAX	PGIM Short Duration Muni Fund- Class A	Front Load	Open			May 29, 2014	$103.73M	0.600%	Below Average	$1,000	$21.66M
PDSCX	PGIM Short Duration Muni Fund- Class C	Level Load	Open			May 29, 2014	$1.82M	1.600%	High	$1,000	−$923,234.91
PDSQX	PGIM Short Duration Muni Fund- Class R6	Retirement, Large	Open			May 25, 2017	$39.29M	0.290%	Low	$0	$15.73M

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