PGIM Short Duration Muni Fund (PDSQX)
| Fund Assets | 236.51M |
| Expense Ratio | 0.29% |
| Min. Investment | $0.00 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.02% |
| Dividend Growth | 14.87% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Aug 29, 2025 |
| Previous Close | 10.05 |
| YTD Return | 2.12% |
| 1-Year Return | 2.00% |
| 5-Year Return | 4.68% |
| 52-Week Low | 9.69 |
| 52-Week High | 10.06 |
| Beta (5Y) | n/a |
| Holdings | 229 |
| Inception Date | May 25, 2017 |
About PDSQX
PGIM Short Duration Muni Fund is an open-end municipal bond mutual fund focused on delivering income that is generally exempt from regular federal income taxes. The strategy invests at least 80% of assets in municipal bonds and seeks to keep the portfolio’s weighted average duration at approximately four years or less, targeting lower interest-rate sensitivity than longer-duration peers while maintaining tax-efficient income characteristics. The fund resides in the muni national short category and tracks outcomes against shorter-maturity municipal benchmarks, reflecting its emphasis on diversified exposure across states and sectors that finance public infrastructure and essential services. Managed by PGIM Fixed Income, the fund blends higher- and lower-quality municipal credits within a shorter-duration framework to balance income generation with risk control. It distributes income on a monthly basis and is offered across multiple share classes, including institutional options such as R6, with competitive expense structures relative to active municipal strategies. The fund’s role in the market is to provide a tax-advantaged, short-duration municipal allocation for investors seeking federally tax-exempt income with moderated duration risk compared with intermediate and long municipal bond funds.
Performance
PDSQX had a total return of 2.00% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.80%.
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 | $0.02701 | Aug 29, 2025 |
| Jul 31, 2025 | $0.0267 | Jul 31, 2025 |
| Jun 30, 2025 | $0.02556 | Jun 30, 2025 |
| May 30, 2025 | $0.02586 | May 30, 2025 |
| Apr 30, 2025 | $0.02534 | Apr 30, 2025 |
| Mar 31, 2025 | $0.02601 | Mar 31, 2025 |