PGIM Floating Rate Income Fund - Class A (FRFAX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.29
0.00 (0.00%)
At close: Jul 17, 2025
2.09% (1Y)
| Fund Assets | 2.05B |
| Expense Ratio | 1.10% |
| Min. Investment | $1,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.68 |
| Dividend Yield | 7.37% |
| Dividend Growth | -14.92% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2025 |
| Previous Close | 9.29 |
| YTD Return | 2.93% |
| 1-Year Return | 7.60% |
| 5-Year Return | 37.02% |
| 52-Week Low | 8.77 |
| 52-Week High | 9.29 |
| Beta (5Y) | 0.16 |
| Holdings | 508 |
| Inception Date | Mar 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 7.60% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.31%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| FFHCX | Fidelity | Fidelity Series Floating Rate High Income Fund | n/a |
Top 10 Holdings
13.14% of assets| Name | Symbol | Weight |
|---|---|---|
| Prudential Govt Money Mkt Fd | n/a | 1.89% |
| Usd/Eur Fwd 20250603 57918 | n/a | 1.69% |
| Eur/Usd Fwd 20250603 57918 | n/a | 1.68% |
| Usd/Eur Fwd 20250702 57918 | n/a | 1.54% |
| Bank of Nova Scotia 7.35% | BNS.V7.35 04.27.85 | 1.31% |
| The Toronto-Dominion Bank 7.25% | TD.V7.25 07.31.84 | 1.30% |
| Citigroup Inc. 3.875% | C.V3.875 PERP X | 1.09% |
| JPMorgan Chase & Co. 7.04261% | JPM.V0 PERP II | 0.97% |
| Rad Clo 19 Ltd. / Rad Clo 19 LLC 6.27317% | RAD.2023-19A B1R | 0.84% |
| Goldman Sachs Group, Inc. 4.125% | GS.V4.125 PERP V | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2025 | $0.05148 | Jun 30, 2025 |
| May 30, 2025 | $0.0464 | May 30, 2025 |
| Apr 30, 2025 | $0.05098 | Apr 30, 2025 |
| Mar 31, 2025 | $0.0542 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04855 | Feb 28, 2025 |
| Jan 31, 2025 | $0.05592 | Jan 31, 2025 |