PGIM Short Duration Muni Fund - Class A (PDSAX)

Fund Assets	339.04M
Expense Ratio	0.60%
Min. Investment	$1,000
Turnover	65.00%
Dividend (ttm)	0.30
Dividend Yield	3.07%
Dividend Growth	9.30%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	9.74
YTD Return	-0.24%
1-Year Return	0.49%
5-Year Return	3.53%
52-Week Low	9.65
52-Week High	10.15
Beta (5Y)	0.15
Holdings	296
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.

• Fund Family: PGIM
• Category: Muni National Short
• Performance Rating: Average
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: PDSAX
• Share Class: Class A
• Index: Bloomberg 1-8 Year Municipal TR USD

Performance

PDSAX had a total return of 0.49% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.66%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PDSQX	Class R6	0.29%
PDSZX	Class Z	0.32%
PDSCX	Class C	1.60%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.02518	Sep 30, 2026
Aug 31, 2026	$0.02594	Aug 31, 2026
Jul 31, 2026	$0.0256	Jul 31, 2026
Jun 30, 2026	$0.02521	Jun 30, 2026
May 29, 2026	$0.02587	May 29, 2026
Apr 30, 2026	$0.02494	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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