PGIM announced that Susan Courtney, head of municipals and lead manager on PGIM Muni High Income PHIZX and PGIM Short Duration Muni PDSZX, will retire at the end of 2021 after 16 years at PGIM. PGIM veterans and comanagers Robert Tipp, Lee Friedman, and John Dittemer will remain. However, while we evaluate the change, the strategies’ Morningstar Analyst Rating is now Under Review.
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