PGIM Government Income Fund - Class R6 (PGIQX)
| Fund Assets | 220.43M |
| Expense Ratio | 0.47% |
| Min. Investment | $0.00 |
| Turnover | 139.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.89% |
| Dividend Growth | 1.11% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Apr 30, 2026 |
| Previous Close | 7.83 |
| YTD Return | -0.99% |
| 1-Year Return | 4.30% |
| 5-Year Return | -3.82% |
| 52-Week Low | 7.73 |
| 52-Week High | 8.12 |
| Beta (5Y) | n/a |
| Holdings | 330 |
| Inception Date | Aug 9, 2016 |
About PGIQX
PGIM Government Income Fund is a fixed income mutual fund that primarily targets high current income by allocating at least 80% of its assets to securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. This includes a diverse range of holdings such as U.S. Treasury bills, notes, bonds, and mortgage-backed securities from government agencies like the Federal National Mortgage Association and Federal Home Loan Mortgage Corporation. By focusing on securities backed by the full faith and credit of the U.S. government or its entities, the fund aims to minimize credit risk for investors while providing consistent income through monthly dividends. The fund plays a significant role in the fixed income market, serving as a core holding for investors seeking stability and reliable cash flow, particularly in environments demanding lower risk exposure. Its portfolio is managed with a focus on interest rate sensitivity and duration, making it a suitable vehicle for income-oriented investors across various market cycles.
Performance
PGIQX had a total return of 4.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 0.76%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 30, 2026 | $0.02546 | Apr 30, 2026 |
| Mar 31, 2026 | $0.02565 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02526 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02553 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02558 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02489 | Nov 28, 2025 |