Morningstar

PGIM National Muni Fund- Class C PNMCX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 13.47  /  +0.37 %
  • Total Assets 1.2B
  • Adj. Expense Ratio
    1.530%
  • Expense Ratio 1.530%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.35%
  • Effective Duration 4.96 years

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:53 AM GMT+0

Morningstar’s Analysis PNMCX

Will PNMCX outperform in the 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 PNMCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM National Muni C holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PNMCX

More PNMCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 7.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Prudential Govt Money Mkt Fd

3.69 47M
Cash and Equivalents

Vanguard Tax-Exempt Bond ETF

1.12 14M
—

NEW YORK ST DORM AUTH REVS NON ST SUPPORTED DEBT 5%

0.94 12M
municipal

iShares National Muni Bond ETF

0.92 12M
—

MAIN STR NAT GAS INC GA GAS SUPPLY REV 5%

0.79 10M
municipal

MINNESOTA MUN GAS AGY GAS PROJ REV 5%

0.71 9M
municipal

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.68 9M
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.62 8M
municipal

METROPOLITAN PIER & EXPOSITION AUTH ILL DEDICATED ST TAX REV 0%

0.57 7M
municipal

DISTRICT COLUMBIA TOB SETTLEMENT FING CORP 6.75%

0.53 7M
municipal

Sponsor Center