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PGIM Muni High Income A PRHAX

Analyst rating as of
NAV / 1-Day Return
8.78  /  0.01 %
Total Assets
730.3 Mil
Adj. Expense Ratio
Expense Ratio
Fee Level
Below Average
Longest Manager Tenure
17.83 years
High Yield Muni
Credit Quality / Interest Rate Sensitivity
Min. Initial Investment
TTM Yield
Effective Duration
8.23 years

Morningstar’s Fund Analysis PRHAX

Will PRHAX 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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