PGIM Floating Rate Income Z (FRFZX)
| Fund Assets | 2.37B |
| Expense Ratio | 0.85% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 7.49% |
| Dividend Growth | -18.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.97 |
| YTD Return | -0.59% |
| 1-Year Return | 1.47% |
| 5-Year Return | 27.56% |
| 52-Week Low | 8.78 |
| 52-Week High | 9.17 |
| Beta (5Y) | 0.13 |
| Holdings | 498 |
| 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 1.47% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.24%.
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 Hi Inc | n/a |
Top 10 Holdings
12.68% of assets| Name | Symbol | Weight |
|---|---|---|
| Usd/Eur Fwd 20251105 57918 | n/a | 1.67% |
| Eur/Usd Fwd 20251002 57918 | n/a | 1.66% |
| Usd/Eur Fwd 20251002 57918 | n/a | 1.66% |
| Prudential Govt Money Mkt Fd | n/a | 1.63% |
| Bank of Nova Scotia 7.35% | BNS.V7.35 04.27.85 | 1.33% |
| Brookfield Ppty Ret Hld | n/a | 1.30% |
| JPMorgan Chase & Co. 7.03558% | JPM.V0 PERP II | 0.95% |
| Rad Clo 19 Ltd. / Rad Clo 19 LLC 6.27549% | RAD.2023-19A B1R | 0.83% |
| Battalion Clo Xi Ltd 2017-11r2 FRN 6.06869% | BATLN.2017-11A BR2 | 0.83% |
| The Toronto-Dominion Bank 7.25% | TD.V7.25 07.31.84 | 0.82% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.05323 | Sep 30, 2025 |
| Aug 29, 2025 | $0.0573 | Aug 29, 2025 |
| Jul 31, 2025 | $0.05496 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0534 | Jun 30, 2025 |
| May 30, 2025 | $0.04837 | May 30, 2025 |
| Apr 30, 2025 | $0.05286 | Apr 30, 2025 |