Increased confidence in the PGIM Muni High Income team's trajectory two-plus years removed from a leadership transition underpins a People rating upgrade to Above Average from Average.
PGIM Muni High Income A PRHAX
- NAV / 1-Day Return 9.55 / +0.02 %
- Total Assets 794.3 Mil
-
Adj. Expense Ratio
- Expense Ratio 0.810%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category High Yield Muni
- Credit Quality / Interest Rate Sensitivity —
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 3.67%
- Effective Duration 6.86 years
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 10:17 PM GMT+0
Morningstar’s Analysis PRHAX
Will PRHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 14.0
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | 2.88 | 22.7 Mil | municipal |
TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% | 1.97 | 15.5 Mil | municipal |
VanEck High Yield Muni ETF | 1.37 | 10.8 Mil | — |
PUERTO RICO SALES TAX FING CORP SALES TAX REV 4.329% | 1.34 | 10.6 Mil | municipal |
BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | 1.32 | 10.4 Mil | municipal |
PUERTO RICO COMWLTH 0.01% | 1.20 | 9.5 Mil | municipal |
iShares National Muni Bond ETF | 1.10 | 8.7 Mil | — |
PUERTO RICO COMWLTH 5.75% | 1.07 | 8.4 Mil | municipal |
PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | 0.92 | 7.3 Mil | municipal |
OKLAHOMA DEV FIN AUTH HEALTH SYS REV 5.25% | 0.78 | 6.1 Mil | municipal |