PGIM Floating Rate Income Fund - Class A (FRFAX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.04
0.00 (0.00%)
Jun 27, 2025, 4:00 PM EDT
-0.55%
Fund Assets 2.05B
Expense Ratio 1.10%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.70
Dividend Yield 7.51%
Dividend Growth -13.94%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2025
Previous Close 9.04
YTD Return 0.16%
1-Year Return 4.82%
5-Year Return 34.81%
52-Week Low 8.77
52-Week High 9.16
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 4.82% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.13%.

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

Other Share Classes

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

Symbol Share Class Expense Ratio
PFRIX Class R6 0.80%
FRFZX Class Z 0.85%
FRFCX Class C 1.85%

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%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
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
Dec 31, 2024 $0.05726 Dec 31, 2024
Full Dividend History