PGIM California Muni Income C (PCICX)
| Fund Assets | 322.55M |
| Expense Ratio | 1.59% |
| Min. Investment | $1,000 |
| Turnover | 75.00% |
| Dividend (ttm) | 0.19 |
| Dividend Yield | 1.89% |
| Dividend Growth | 12.97% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Nov 28, 2025 |
| Previous Close | 10.00 |
| YTD Return | 3.55% |
| 1-Year Return | 2.25% |
| 5-Year Return | -0.03% |
| 52-Week Low | 9.41 |
| 52-Week High | 10.02 |
| Beta (5Y) | n/a |
| Holdings | 249 |
| 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 2.25% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.58%.
Top 10 Holdings
12.11% of assets| Name | Symbol | Weight |
|---|---|---|
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 05.01.2054 | 2.01% |
| CALIFORNIA ST 5% | CA.CAS 5 08.01.2039 | 1.57% |
| LONG BEACH CALIF BD FIN AUTH NAT GAS PUR REV 5% | CA.LONUTL 5 11.15.2035 | 1.31% |
| UNIVERSITY CALIF REVS 3.25% | CA.UNVHGR 05.15.2048 | 1.23% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH REV 5% | CA.CASGEN 5 10.01.2035 | 1.08% |
| UNIVERSITY CALIF REVS 5% | CA.UNVHGR 5 05.15.2038 | 1.08% |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV 5% | CA.CASDEV 5 05.15.2038 | 0.98% |
| CALIFORNIA STATEWIDE CMNTYS DEV AUTH MULTIFAMILY HSG REV 3.7% | CA.CASMFH 3.7 04.01.2035 | 0.97% |
| CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REV 5% | CA.CCEDEV 02.01.2055 | 0.95% |
| Prudential Govt Money Mkt Fd | n/a | 0.93% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 28, 2025 | $0.01615 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01651 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01611 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01708 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01637 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01569 | Jun 30, 2025 |