PGIM National Muni Fund - Class Z (DNMZX)
| Fund Assets | 1.21B |
| Expense Ratio | 0.36% |
| Min. Investment | $0.00 |
| Turnover | 62.00% |
| Dividend (ttm) | 0.48 |
| Dividend Yield | 3.38% |
| Dividend Growth | 7.63% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 14.23 |
| YTD Return | 1.50% |
| 1-Year Return | 6.14% |
| 5-Year Return | 6.19% |
| 52-Week Low | 13.04 |
| 52-Week High | 14.24 |
| Beta (5Y) | n/a |
| Holdings | 475 |
| Inception Date | Jan 22, 1999 |
About DNMZX
PGIM National Muni Fund - Class Z is an open‑end mutual fund focused on U.S. municipal securities. Its primary objective is to deliver a high level of current income that is exempt from federal income taxes by investing predominantly in investment‑grade municipal bonds issued by state and local governments and related agencies. Under normal conditions, the portfolio maintains substantial exposure to higher‑quality credits and typically allocates at least the vast majority of assets to bonds whose interest is federally tax‑exempt, emphasizing long‑term structures within the national muni market. The fund serves as a core tax‑efficient fixed income holding for investors seeking federally tax‑exempt income and broad diversification across municipalities, sectors, and revenue sources. It employs professional credit research and risk management to navigate interest‑rate and credit cycles within the muni landscape, aligning performance characteristics with the Muni National Intermediate category. With a long operating history dating to 1999 and a diversified portfolio holding hundreds of issues, PGIM National Muni Fund - Class Z plays a role in financing public infrastructure and essential services while offering consistent, tax‑advantaged income.
Performance
DNMZX had a total return of 6.14% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.30%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VWITX | Vanguard | Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares | 0.17% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.04017 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04274 | Dec 31, 2025 |
| Nov 28, 2025 | $0.04028 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04145 | Oct 31, 2025 |
| Sep 30, 2025 | $0.04101 | Sep 30, 2025 |
| Aug 29, 2025 | $0.04128 | Aug 29, 2025 |