PGIM Floating Rate Income Fund - Class C (FRFCX)
NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.03
+0.01 (0.11%)
Jun 3, 2025, 4:00 PM EDT
-0.88%
Fund Assets 2.05B
Expense Ratio 1.85%
Min. Investment $1,000
Turnover n/a
Dividend (ttm) 0.59
Dividend Yield 6.50%
Dividend Growth -15.25%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2025
Previous Close 9.02
YTD Return -0.08%
1-Year Return 3.96%
5-Year Return 31.61%
52-Week Low 8.78
52-Week High 9.16
Beta (5Y) n/a
Holdings 526
Inception Date Mar 30, 2011

About FRFCX

The PGIM Floating Rate Income Fund - Class C (FRFCX) seeks to maximize current income. As a secondary objective the Fund seeks capital appreciation when it is consistent with its primary objective. FRFCX 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 FRFCX
Share Class Class C
Index Index is not available on Lipper Database

Performance

FRFCX had a total return of 3.96% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.42%.

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%
FRFAX Class A 1.10%

Top 10 Holdings

13.98% of assets
Name Symbol Weight
Prudential Govt Money Mkt Fd n/a 2.86%
Usd/Eur Fwd 20250603 57918 n/a 1.67%
Eur/Usd Fwd 20250502 57918 n/a 1.66%
Usd/Eur Fwd 20250502 0997 n/a 1.59%
Bank of Nova Scotia 7.35% BNS.V7.35 04.27.85 1.28%
The Toronto-Dominion Bank 7.25% TD.V7.25 07.31.84 1.25%
Citigroup Inc. 3.875% C.V3.875 PERP X 1.07%
JPMorgan Chase & Co. 7.03288% JPM.V0 PERP II 0.96%
Goldman Sachs Group, Inc. 6.85% GS.V6.85 PERP 0.84%
Goldman Sachs Group, Inc. 4.125% GS.V4.125 PERP V 0.80%
View More Holdings

Dividend History

Ex-Dividend Amount Pay Date
May 30, 2025 $0.04071 May 30, 2025
Apr 30, 2025 $0.04555 Apr 30, 2025
Mar 31, 2025 $0.04846 Mar 31, 2025
Feb 28, 2025 $0.04331 Feb 28, 2025
Jan 31, 2025 $0.0501 Jan 31, 2025
Dec 31, 2024 $0.05145 Dec 31, 2024
Full Dividend History