PGIM Short Duration Muni Fund - Class Z (PDSZX)
| Fund Assets | 287.66M |
| Expense Ratio | 0.32% |
| Min. Investment | $0.00 |
| Turnover | 79.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.08% |
| Dividend Growth | 12.18% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 10.13 |
| YTD Return | 1.27% |
| 1-Year Return | 5.48% |
| 5-Year Return | 7.11% |
| 52-Week Low | 9.44 |
| 52-Week High | 10.13 |
| Beta (5Y) | n/a |
| Holdings | 248 |
| Inception Date | May 29, 2014 |
About PDSZX
PGIM Short Duration Muni Fund – Class Z is an actively managed municipal bond mutual fund focused on delivering a high level of current income that is generally exempt from federal income taxes. The fund invests primarily in a diversified portfolio of municipal securities, committing at least 80% of investable assets to bonds issued by state and local governments and related entities. A defining feature is its emphasis on shorter interest-rate exposure, targeting a weighted average duration of roughly four years or less to help moderate sensitivity to rate changes. The strategy spans the national municipal market, allocating across sectors such as general obligation, revenue, and essential-service bonds, and typically holds a broad number of positions to diversify issuer and sector risks. Managed by PGIM, the investment approach aims to balance tax-advantaged income with prudent duration management, offering monthly distributions and a cost structure competitive for its share class. Established in 2014, the fund serves investors seeking federally tax-exempt income with lower interest rate risk relative to longer-duration municipal strategies.
Performance
PDSZX had a total return of 5.48% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.69%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02728 | Jan 30, 2026 |
| Dec 31, 2025 | $0.0275 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02621 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02688 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02557 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02676 | Aug 29, 2025 |