PGIM Floating Rate Income Fund - Class A (FRFAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.19
0.00 (0.00%)
At close: Dec 5, 2025
-1.82%
Fund Assets2.31B
Expense Ratio1.10%
Min. Investment$1,000
Turnovern/a
Dividend (ttm)0.62
Dividend Yield6.78%
Dividend Growth-20.30%
Payout FrequencyMonthly
Ex-Dividend DateNov 28, 2025
Previous Close9.19
YTD Return4.63%
1-Year Return5.05%
5-Year Return32.80%
52-Week Low8.58
52-Week High9.19
Beta (5Y)0.15
Holdings499
Inception DateMar 30, 2011

About FRFAX

The PGIM Floating Rate Income Fund - Class 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 5.05% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.85%.

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

12.25% of assets
NameSymbolWeight
Usd/Eur Fwd 20251105 57918n/a1.75%
Usd/Eur Fwd 20251202 Mslngb2xn/a1.73%
Eur/Usd Fwd 20251105 Mslngb2xn/a1.71%
Bank of Nova Scotia 7.35%BNS.V7.35 04.27.851.39%
Brookfield Ppty Ret Hldn/a1.28%
JPMorgan Chase & Co. 6.73025%JPM.V0 PERP II1.00%
Rad Clo 19 Ltd. / Rad Clo 19 LLC 5.83444%n/a0.87%
The Toronto-Dominion Bank 7.25%TD.V7.25 07.31.840.87%
Battalion Clo Xi Ltd 2017-11r2 FRN 5.61541%n/a0.86%
GOLUB CAPITAL PARTNERS CLO 68(B)-R LTD 5.96677%n/a0.80%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Nov 28, 2025$0.04811Nov 28, 2025
Oct 31, 2025$0.0507Oct 31, 2025
Sep 30, 2025$0.05132Sep 30, 2025
Aug 29, 2025$0.05531Aug 29, 2025
Jul 31, 2025$0.05298Jul 31, 2025
Jun 30, 2025$0.05148Jun 30, 2025
Full Dividend History