PGIM Floating Rate Income Fund - Class Z (FRFZX)
| Fund Assets | 2.22B |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.63 |
| Dividend Yield | 7.03% |
| Dividend Growth | -13.69% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.92 |
| YTD Return | 0.22% |
| 1-Year Return | 5.00% |
| 5-Year Return | 32.49% |
| 52-Week Low | 8.24 |
| 52-Week High | 8.92 |
| Beta (5Y) | 0.11 |
| Holdings | 499 |
| 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.
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 10.86%.
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
11.92% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Eur Fwd 20251202 Mslngb2x | n/a | 1.75% |
| Eur/Usd Fwd 20251202 Mslngb2x | n/a | 1.48% |
| Usd/Eur Fwd 20260109 Mslngb2x | n/a | 1.47% |
| Bank of Nova Scotia 7.35% | BNS.V7.35 04.27.85 | 1.41% |
| Brookfield Ppty Ret Hld | n/a | 1.31% |
| JPMorgan Chase & Co. 6.73025% | JPM.V0 PERP II | 1.01% |
| Rad Clo 19 Ltd. / Rad Clo 19 LLC 5.83444% | RAD.2023-19A B1R | 0.88% |
| Battalion Clo Xi Ltd 5.61541% | BATLN.2017-11A BR2 | 0.88% |
| The Toronto-Dominion Bank 7.25% | TD.V7.25 07.31.84 | 0.88% |
| Tenneco LLC 9.303% | TENINC.8 11.17.28 REGS | 0.85% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0497 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04982 | Dec 31, 2025 |
| Dec 19, 2025 | $0.04782 | Dec 19, 2025 |
| Nov 28, 2025 | $0.050 | Nov 28, 2025 |
| Oct 31, 2025 | $0.05266 | Oct 31, 2025 |
| Sep 30, 2025 | $0.05323 | Sep 30, 2025 |