PGIM California Muni Income Fund-Class A (PBCAX)

Fund Assets	414.30M
Expense Ratio	0.674%
Min. Investment	$1,000
Turnover	43.00%
Dividend (ttm)	0.29
Dividend Yield	3.00%
Dividend Growth	3.94%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.53
YTD Return	-2.60%
1-Year Return	-1.69%
5-Year Return	1.17%
52-Week Low	9.42
52-Week High	10.14
Beta (5Y)	0.19
Holdings	286
Inception Date	Dec 3, 1990

About PBCAX

PGIM California Muni Income Fund Class A is a municipal bond mutual fund focused on generating tax-exempt income for California residents. Its primary objective is to maximize current income that is exempt from both California state and U.S. federal income taxes, while maintaining capital preservation as a guiding constraint. The portfolio invests mainly in debt issued by California state and local entities, including revenue and general obligation bonds, as well as short-term municipal instruments such as notes and commercial paper that qualify for tax-exempt treatment. The fund targets an intermediate interest-rate profile, with a medium credit-quality emphasis and limited interest-rate sensitivity for balanced income and risk characteristics. Class A shares carry a front-end sales charge with a stated maximum applicable to this share class, alongside an expense ratio that positions the fund in the higher-cost tiers relative to category peers. Within California’s municipal market, the fund serves investors seeking diversified exposure to essential-service, education, healthcare, transportation, and infrastructure-related issuers to pursue steady, tax-advantaged cash flows.

• Fund Family: PGIM
• Category: Muni California Intermediate
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PBCAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

PBCAX had a total return of -1.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.58%.

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PCIQX	Class R6	0.38%
PCIZX	Class Z	0.39%
PCICX	Class C	1.62%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02374	Sep 30, 2026
Aug 31, 2026	$0.0241	Aug 31, 2026
Jul 31, 2026	$0.024	Jul 31, 2026
Jun 30, 2026	$0.02346	Jun 30, 2026
May 29, 2026	$0.02431	May 29, 2026
Apr 30, 2026	$0.02376	Apr 30, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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