PGIM National Muni Fund - Class Z (DNMZX)

Fund Assets	1.23B
Expense Ratio	0.36%
Min. Investment	$0.00
Turnover	62.00%
Dividend (ttm)	0.49
Dividend Yield	3.54%
Dividend Growth	6.26%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.88
YTD Return	0.67%
1-Year Return	4.32%
5-Year Return	5.10%
52-Week Low	13.78
52-Week High	14.28
Beta (5Y)	0.07
Holdings	489
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.

• Fund Family: PGIM
• Category: Muni National Interm
• Performance Rating: Above Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: DNMZX
• Share Class: Class Z
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

DNMZX had a total return of 4.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.55%.

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%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PNMQX	Class R6	0.29%
PRNMX	Class A	0.61%
PNMCX	Class C	1.53%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.04143	Jul 31, 2026
Jun 30, 2026	$0.04077	Jun 30, 2026
May 29, 2026	$0.04195	May 29, 2026
Apr 30, 2026	$0.04059	Apr 30, 2026
Mar 31, 2026	$0.04157	Mar 31, 2026
Feb 27, 2026	$0.03866	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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