PGIM Short Duration Muni Fund - Class A (PDSAX)
| Fund Assets | 297.70M |
| Expense Ratio | 0.62% |
| Min. Investment | $1,000 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.29 |
| Dividend Yield | 2.80% |
| Dividend Growth | 14.13% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Feb 27, 2026 |
| Previous Close | 9.98 |
| YTD Return | -0.21% |
| 1-Year Return | 3.85% |
| 5-Year Return | 4.06% |
| 52-Week Low | 9.70 |
| 52-Week High | 10.15 |
| Beta (5Y) | 0.15 |
| Holdings | 262 |
| Inception Date | May 29, 2014 |
About PDSAX
PGIM Short Duration Muni Fund - Class A is a municipal bond mutual fund designed to deliver federally tax-exempt income through a carefully managed portfolio of short-duration municipal securities. Its principal objective is to maximize income eligible for exclusion from federal taxes, making it particularly suitable for investors seeking tax-efficient cash flow. The fund invests at least 80% of its assets in municipal bonds issued by state and local governments to finance public projects such as schools, highways, and infrastructure. By maintaining a portfolio with a weighted average duration of 4.5 years or less, it aims to minimize interest rate risk while still capturing income opportunities in the municipal market. Featuring monthly income distributions, the fund stands out for its stability and consistent income, which appeals to those looking to preserve capital and reduce sensitivity to interest rate fluctuations. With more than 200 holdings and active management by PGIM Fixed Income’s seasoned municipal bond team, the fund plays an important role in offering diversification, predictable income, and lower volatility in the broader fixed income landscape.
Performance
PDSAX had a total return of 3.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.75%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Feb 27, 2026 | $0.02323 | Feb 27, 2026 |
| Jan 30, 2026 | $0.0252 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02532 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02403 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02463 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02326 | Sep 30, 2025 |