PGIM Government Income Fund - Class A (PGVAX)
| Fund Assets | 218.41M |
| Expense Ratio | 0.87% |
| Min. Investment | $1,000 |
| Turnover | 91.00% |
| Dividend (ttm) | 0.27 |
| Dividend Yield | 3.23% |
| Dividend Growth | 0.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | n/a |
| Previous Close | 8.37 |
| YTD Return | 1.37% |
| 1-Year Return | 8.26% |
| 5-Year Return | -4.90% |
| 52-Week Low | 7.79 |
| 52-Week High | 8.39 |
| Beta (5Y) | n/a |
| Holdings | 341 |
| Inception Date | Jan 22, 1990 |
About PGVAX
PGIM Government Income Fund Class A is an actively managed mutual fund focused on the U.S. fixed income market. Its primary objective is to achieve a high current return by investing at least 80% of its assets in securities issued or guaranteed by the U.S. government, including Treasury bills, notes, bonds, and obligations of government agencies or instrumentalities. As an intermediate government bond fund, it offers exposure to a spectrum of U.S. government-backed debt, which generally minimizes credit risk due to the backing or sponsorship of the U.S. government. The fund holds a diversified portfolio with a typical duration in the intermediate range, aiming to balance income generation with interest rate sensitivity. Managed by PGIM Investments since 1990, the fund plays a role in providing relatively stable income and principal preservation for investors seeking exposure to high-quality fixed income assets. Its holdings impact sectors tied closely to government financing and the mortgage market, with prominent allocations to agency securities and mortgage-backed instruments. Designed for investors prioritizing capital stability and reliable income, the fund contributes to the broader fixed income landscape by channeling funds into the U.S. public sector and government-related markets.
Performance
PGVAX had a total return of 8.26% in the past year, including dividends. Since the fund's inception, the average annual return has been 8.51%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02301 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02307 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02229 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02225 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02244 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02244 | Aug 29, 2025 |