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Morningstar

PGIM National Muni A PRNMX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 13.38  /  0.14 %
  • Total Assets 902.9 Mil
  • Adj. Expense Ratio
    0.610%
  • Expense Ratio 0.610%
  • Distribution Fee Level Low
  • Share Class Type Front Load
  • Category Muni National Interm
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.36%
  • Effective Duration 4.61 years

USD | NAV as of Oct 03, 2023 | 1-Day Return as of Oct 03, 2023, 10:13 PM GMT+0

Morningstar’s Analysis PRNMX

Will PRNMX outperform in future?

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

Process Pillar

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

People Pillar

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

The combination of an Average People Pillar rating and a Below Average Process Pillar rating limit PGIM National Muni A to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

The strategy charges fees in line with its similarly distributed peers, priced within the middle quintile.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings PRNMX

More PRNMX Holdings
  • Current Portfolio Date
  • Equity Holdings 0
  • Bond Holdings 419
  • Other Holdings 6
  • % Assets in Top 10 Holdings 10.1
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 4%

1.74
16,000,000
municipal

OHIO ST WTR DEV AUTH REV 5%

1.09
9,999,292
municipal

TENNESSEE ENERGY ACQUISITION CORP GAS REV 4%

1.05
9,650,262
municipal

iShares National Muni Bond ETF

1.04
9,554,992
—

BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5%

0.92
8,482,110
municipal

PORT SEATTLE WASH REV 5%

0.91
8,318,578
municipal

KENTUCKY INC KY PUB ENERGY AUTH GAS SUPLLY REV 4%

0.89
8,156,431
municipal

BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4%

0.83
7,657,015
municipal

JEA FLA ELEC SYS REV 5%

0.82
7,515,154
municipal

PENNSYLVANIA ST TPK COMMN TPK REV 5%

0.79
7,263,519
municipal