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PGIM Muni High Income Z PHIZX

Analyst rating as of
NAV / 1-Day Return
10.43  /  0.47 %
Total Assets
1.0 Bil
Adj. Expense Ratio
0.580%
Expense Ratio
0.580%
Fee Level
Average
Longest Manager Tenure
17.16 years
Category
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Medium / Extensive
Min. Initial Investment
0
Status
Open
TTM Yield
3.18%
Effective Duration
7.34 years
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Morningstar’s Analysis

Will PHIZX outperform in future?

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

No Changes to PGIM Muni High Income's Ratings After Firm Appoints a New Head of Municipal Bonds

Analyst Note

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Jason Appleson's appointment as head of municipal bonds, effective Jan. 1, 2022, is significant, but it does not change PGIM Muni High Income's Average People and Process Pillar ratings. As the dust settles from announcement of veteran muni manager Susan Courtney's pending retirement on Dec. 31, 2021, the strategy continues to earn Morningstar Analyst Ratings that range from Neutral to Negative across its share classes.

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