PGIM California Muni Income Fund-Class C (PCICX)
| Fund Assets | 392.11M |
| Expense Ratio | 1.62% |
| Min. Investment | $1,000 |
| Turnover | 43.00% |
| Dividend (ttm) | 0.20 |
| Dividend Yield | 1.95% |
| Dividend Growth | 9.68% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 9.98 |
| YTD Return | 0.77% |
| 1-Year Return | 4.28% |
| 5-Year Return | -0.19% |
| 52-Week Low | 9.69 |
| 52-Week High | 10.14 |
| Beta (5Y) | 0.05 |
| Holdings | 295 |
| Inception Date | Aug 1, 1994 |
About PCICX
PGIM California Muni Income Fund Class C is an open-end municipal bond mutual fund focused on generating tax-advantaged income for California residents. The fund primarily invests in investment-grade debt issued by California state and local entities, including general obligation and revenue bonds, seeking current income that is generally exempt from federal and California state income taxes, consistent with capital preservation objectives. Positioned in the Muni California Intermediate category, it typically maintains an intermediate interest-rate profile, with portfolios in this segment characterized by durations of roughly four to six years. The Class C share class carries a distribution and service fee structure specific to this class, with a disclosed maximum sales charge of 1.0% and ongoing expenses reflective of the class’s 12b-1 fees. The fund serves as a specialized tool for investors aiming to align fixed income exposure with California’s municipal market, financing sectors such as infrastructure, education, and public services while emphasizing tax efficiency within a diversified municipal portfolio.
Performance
PCICX had a total return of 4.28% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.45%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.01566 | Jun 30, 2026 |
| May 29, 2026 | $0.0163 | May 29, 2026 |
| Apr 30, 2026 | $0.01598 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0163 | Mar 31, 2026 |
| Feb 27, 2026 | $0.01524 | Feb 27, 2026 |
| Jan 30, 2026 | $0.01675 | Jan 30, 2026 |