PGIM Floating Rate Income R6 (PFRIX)

Fund Assets	2.36B
Expense Ratio	0.74%
Min. Investment	$0.00
Turnover	53.00%
Dividend (ttm)	0.63
Dividend Yield	7.08%
Dividend Growth	-7.30%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.87
YTD Return	3.86%
1-Year Return	5.85%
5-Year Return	28.95%
52-Week Low	8.80
52-Week High	9.00
Beta (5Y)	0.43
Holdings	513
Inception Date	Apr 27, 2015

About PFRIX

PGIM Floating Rate Income Fund - Class R6 is a mutual fund designed to maximize current income through investment in senior floating rate loans and related fixed income securities. The fund maintains a diversified portfolio with approximately 62% allocated to bank loans, supplemented by asset-backed securities, corporate debt, and commercial mortgage-backed securities. Its holdings span multiple sectors, with significant exposure to banking, technology, consumer non-cyclical, and healthcare industries. The fund provides monthly dividend distributions and employs active management strategies including security selection, sector rotation, and duration management. With net assets of approximately $2.2 billion, the fund is managed by PGIM Fixed Income, part of Prudential Financial's asset management division. The Class R6 share class features low expense ratios and is distributed monthly to investors seeking enhanced income diversification beyond traditional fixed income investments. The fund's floating rate structure helps provide potential protection in rising interest rate environments, making it suitable for income-focused investors.

• Fund Family: PGIM
• Category: Bank Loan
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: Nasdaq
• Ticker Symbol: PFRIX
• Share Class: Class R6
• Index: Index is not available on Lipper Database

Performance

PFRIX had a total return of 5.85% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.24%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FFHCX	Fidelity	Fidelity Series Floating Rate High Income Fund	n/a

Other Share Classes

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

Symbol	Share Class	Expense Ratio
FRFZX	Class Z	0.76%
FRFAX	Class A	1.01%
FRFCX	Class C	1.76%

Top 10 Holdings

15.77% of assets

Name	Symbol	Weight
Prudential Govt Money Mkt Fd	n/a	5.32%
Usd/Eur Fwd 20261002 57918	n/a	1.35%
Eur/Usd Fwd 20260902 57918	n/a	1.34%
Usd/Eur Fwd 20260902 57918	n/a	1.33%
Goldman Sachs Group, Inc. 6.5%	GS.V6.5 PERP AA	1.28%
Bank of Nova Scotia 7.35%	BNS.V7.35 04.27.85	1.28%
Ggp Retail Llc	n/a	1.08%
JPMorgan Chase & Co. 6.47043%	JPM.V0 PERP II	1.02%
Rad Clo 19 Ltd. / Rad Clo 19 LLC 5.67921%	n/a	0.89%
Battalion Clo Xi Ltd 5.52509%	BATLN.2017-11A BR2	0.89%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.04524	Sep 30, 2026
Aug 31, 2026	$0.04673	Aug 31, 2026
Jul 31, 2026	$0.04729	Jul 31, 2026
Jun 30, 2026	$0.04626	Jun 30, 2026
May 29, 2026	$0.04841	May 29, 2026
Apr 30, 2026	$0.04729	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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