PGIM Floating Rate Income A (FRFAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.06
0.00 (0.00%)
Aug 15, 2025, 4:00 PM EDT
Fund Assets2.05B
Expense Ratio1.10%
Min. Investment$1,000
Turnovern/a
Dividend (ttm)0.67
Dividend Yield7.23%
Dividend Growth-16.74%
Payout FrequencyMonthly
Ex-Dividend DateJul 31, 2025
Previous Close9.06
YTD Return0.38%
1-Year Return4.75%
5-Year Return30.40%
52-Week Low8.77
52-Week High9.16
Beta (5Y)0.16
Holdings512
Inception DateMar 30, 2011

About FRFAX

The PGIM Floating Rate Income A (FRFAX) seeks to maximize current income. As a secondary objective the Fund seeks capital appreciation when it is consistent with its primary objective. FRFAX will invest at least 80% of its assets in senior floating rate loans and other floating rate debt securities.

Category Bank Loan
Stock Exchange NASDAQ
Ticker Symbol FRFAX
Share Class Class A
Index Index is not available on Lipper Database

Performance

FRFAX had a total return of 4.75% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.11%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FFHCXFidelityFidelity Series Floating Rate High Income Fundn/a

Other Share Classes

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

SymbolShare ClassExpense Ratio
PFRIXClass R60.80%
FRFZXClass Z0.85%
FRFCXClass C1.85%

Top 10 Holdings

14.37% of assets
NameSymbolWeight
Prudential Govt Money Mkt Fdn/a2.94%
Eur/Usd Fwd 20250702 Mslngb2xn/a1.66%
Usd/Eur Fwd 20250804 Mslngb2xn/a1.64%
Usd/Eur Fwd 20250702 57918n/a1.49%
Brookfield Ppty Ret Hldn/a1.28%
Bank of Nova Scotia 7.35%BNS.V7.35 04.27.851.27%
The Toronto-Dominion Bank 7.25%TD.V7.25 07.31.841.26%
Citigroup Inc. 3.875%C.V3.875 PERP X1.06%
JPMorgan Chase & Co. 7.04261%JPM.V0 PERP II0.94%
Rad Clo 19 Ltd. / Rad Clo 19 LLC 6.27317%RAD.2023-19A B1R0.82%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jul 31, 2025$0.05298Jul 31, 2025
Jun 30, 2025$0.05148Jun 30, 2025
May 30, 2025$0.0464May 30, 2025
Apr 30, 2025$0.05098Apr 30, 2025
Mar 31, 2025$0.0542Mar 31, 2025
Feb 28, 2025$0.04855Feb 28, 2025
Full Dividend History