PGIM Floating Rate Income Fund - Class Z (FRFZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.05
0.00 (0.00%)
Jun 27, 2025, 4:00 PM EDT
-0.55%
Fund Assets 2.34B
Expense Ratio 0.85%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.72
Dividend Yield 7.94%
Dividend Growth -13.55%
Payout Frequency Monthly
Ex-Dividend Date n/a
Previous Close 9.05
YTD Return 0.19%
1-Year Return 5.00%
5-Year Return 36.21%
52-Week Low 8.78
52-Week High 9.17
Beta (5Y) 0.25
Holdings 508
Inception Date Mar 31, 2011

About FRFZX

The fund will invest at least 80% of its investable assets (net assets plus borrowings for investment purposes, if any) in floating rate loans and other floating rate debt securities. It may invest up to 20% of its total assets in senior loans that are not secured by any specific collateral. The fund may invest up to 25% of its total assets in senior loans made to foreign-domiciled borrowers and other foreign securities, including securities of issuers located in emerging market countries, which may be denominated in U.S. dollars or non-U.S. currencies.

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

Performance

FRFZX had a total return of 5.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.39%.

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%
FRFAX Class A 1.10%
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 $0.04837 May 30, 2025
Apr 30, 2025 $0.05286 Apr 30, 2025
Mar 31, 2025 $0.05617 Mar 31, 2025
Feb 28, 2025 $0.05035 Feb 28, 2025
Jan 31, 2025 $0.05791 Jan 31, 2025
Dec 31, 2024 $0.05926 Dec 31, 2024
Full Dividend History