PGIM Government Income Fund - Class Z (PGVZX)
| Fund Assets | 218.41M |
| Expense Ratio | 0.48% |
| Min. Investment | $0.00 |
| Turnover | 91.00% |
| Dividend (ttm) | 0.30 |
| Dividend Yield | 3.73% |
| Dividend Growth | 1.01% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | n/a |
| YTD Return | 1.45% |
| 1-Year Return | 8.71% |
| 5-Year Return | -2.14% |
| 52-Week Low | 7.48 |
| 52-Week High | 8.10 |
| Beta (5Y) | n/a |
| Holdings | 341 |
| Inception Date | Mar 4, 1996 |
About PGVZX
PGIM Government Income Fund – Class Z is a mutual fund within the fixed income category, specifically focusing on U.S. government securities. Its primary purpose is to provide a high level of current income by investing at least 80% of its assets in debt instruments issued or guaranteed by the U.S. government, its agencies, or instrumentalities. The fund features a diversified portfolio that typically includes U.S. Treasury bills, notes, bonds, and mortgage-backed securities from government-related entities. By holding only government-backed or government-linked securities, the fund aims to minimize credit risk and offer investors relative safety and capital preservation compared to corporate or high-yield bond funds. With a duration generally between 3.5 and 6.0 years, its risk and return profile aligns with intermediate-term fixed income strategies, making it suitable for investors seeking stability and consistent yields. PGIM Government Income Fund – Class Z is managed by multiple professionals and is notable for its annual dividend distributions, reflecting its income-generating mandate in the broader fixed income market.
Performance
PGVZX had a total return of 8.71% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.95%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.02548 | Jan 30, 2026 |
| Dec 31, 2025 | $0.02553 | Dec 31, 2025 |
| Nov 28, 2025 | $0.02484 | Nov 28, 2025 |
| Oct 31, 2025 | $0.02514 | Oct 31, 2025 |
| Sep 30, 2025 | $0.0252 | Sep 30, 2025 |
| Aug 29, 2025 | $0.02559 | Aug 29, 2025 |