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.
NAV / 1-Day Return
8.78 / 0.01 %
Adj. Expense Ratio
Longest Manager Tenure
High Yield Muni
Credit Quality / Interest Rate Sensitivity—
Min. Initial Investment
Morningstar’s Fund Analysis PRHAX
Will PRHAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.