Morningstar

PGIM Muni High Income Fund-Class A PRHAX

Medalist Rating as of Apr 27, 2026 See PGIM Investment Hub

Will PRHAX outperform in the future?

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

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Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PRHAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar

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

Not afraid to search outside the box.

Senior Analyst Max Curtin

Max Curtin

Senior Analyst

Summary

PGIM Muni High Income’s tactical and opportunistic approach to bond structure is additive to this bottom-up-focused approach. The strategy earns a Process upgrade to Above Average from Average.

by Max Curtin

Rated on Apr 27, 2026 Published on Apr 27, 2026

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