PGIM Short Duration Muni Fund (PDSCX)
| Fund Assets | 236.51M |
| Expense Ratio | 1.60% |
| Min. Investment | $1,000 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.17 |
| Dividend Yield | 1.73% |
| Dividend Growth | 28.95% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.04 |
| YTD Return | 1.92% |
| 1-Year Return | 1.34% |
| 5-Year Return | -0.66% |
| 52-Week Low | 9.69 |
| 52-Week High | 10.05 |
| Beta (5Y) | n/a |
| Holdings | 229 |
| Inception Date | May 29, 2014 |
About PDSCX
PGIM Short Duration Municipal Fund Class C is a mutual fund dedicated to generating a high level of current income that is exempt from federal income taxes. The fund achieves its objective primarily by investing at least 80% of its assets in a diversified portfolio of municipal bonds, emphasizing bonds with a shorter duration—typically maintaining a weighted average portfolio duration of 4.5 years or less. This focus on short-duration municipal securities helps manage interest rate risk while offering regular monthly income distributions, which may be especially appealing to those seeking tax-advantaged cash flow. PGIM Short Duration Municipal Fund Class C plays a significant role in the fixed income market by providing investors access to municipals issued by various state and local governments, supporting infrastructure, public projects, and community development. This fund is suited for investors prioritizing tax-efficient income and risk mitigation through shorter maturity exposure, reflecting its importance in income-focused investment strategies within the broader municipal bond sector.
Performance
PDSCX had a total return of 1.34% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.05%.
Top 10 Holdings
15.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Prudential Invt Portfolios 2 | n/a | 4.92% |
| TENNESSEE ENERGY ACQUISITION CORP GAS REV 4% | TN.TNSUTL 11.01.2049 | 2.05% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2055 | 1.21% |
| UTAH CNTY UTAH HOSP REV 5% | UT.UTSMED 5 05.15.2043 | 1.16% |
| NEW YORK N Y CITY TRANSITIONAL FIN AUTH REV 5% | NY.NYCGEN 5 08.01.2038 | 1.07% |
| ORANGE CNTY FLA HEALTH FACS AUTH REV 5% | FL.ORAMED 5 10.01.2025 | 1.06% |
| ARIZONA HEALTH FACS AUTH REV 2.87% | AZ.AZSMED 01.01.2037 | 1.03% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 12.01.2054 | 1.00% |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV 4% | AL.BBEUTL 10.01.2052 | 1.00% |
| ORLANDO FLA UTILS COMMN UTIL SYS REV 1.25% | FL.ORLUTL 10.01.2046 | 0.96% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Aug 29, 2025 | $0.01593 | Aug 29, 2025 |
| Jul 31, 2025 | $0.01567 | Jul 31, 2025 |
| Jun 30, 2025 | $0.01492 | Jun 30, 2025 |
| May 30, 2025 | $0.01488 | May 30, 2025 |
| Apr 30, 2025 | $0.01479 | Apr 30, 2025 |
| Mar 31, 2025 | $0.01496 | Mar 31, 2025 |