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PGIM Muni High Income C PHICX

Analyst rating as of
  • NAV / 1-Day Return 9.27  /  0.13 %
  • Total Assets 718.4 Mil
  • Adj. Expense Ratio
  • Expense Ratio 1.580%
  • Distribution Fee Level Average
  • Share Class Type Level Load
  • Category High Yield Muni
  • Credit Quality / Interest Rate Sensitivity
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.65%
  • Effective Duration 8.35 years

Morningstar’s Analysis PHICX

Will PHICX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

This fund's new manager will take time to assess.

Senior Analyst



PGIM Muni High Income lost its lead manager and head of municipal bonds, Susan Courtney, at the end of 2021. That was a material loss for the strategy, and it will take time to assess Courtney’s less-experienced replacement, Jason Appleson. The strategy continues to sport Morningstar Analyst Ratings of Neutral on its cheaper share classes, while its most expensive share class is rated Negative.

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