PGIM Floating Rate Income Fund - Class Z (FRFZX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
9.03
0.00 (0.00%)
Jun 6, 2025, 8:06 AM EDT
-0.88%
Fund Assets 2.34B
Expense Ratio 0.85%
Min. Investment $0.00
Turnover n/a
Dividend (ttm) 0.72
Dividend Yield 7.96%
Dividend Growth -13.55%
Payout Frequency Monthly
Ex-Dividend Date May 30, 2025
Previous Close 9.03
YTD Return -0.03%
1-Year Return 4.65%
5-Year Return 35.61%
52-Week Low 8.78
52-Week High 9.17
Beta (5Y) 0.25
Holdings 526
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 4.65% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.40%.

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

13.98% 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 $0.04837 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