PGIM Government Income Fund - Class Z (PGVZX)
| Fund Assets | 218.41M |
| Expense Ratio | 0.48% |
| Min. Investment | $0.00 |
| Turnover | 139.00% |
| Dividend (ttm) | 0.31 |
| Dividend Yield | 3.88% |
| Dividend Growth | 1.24% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jun 30, 2026 |
| Previous Close | 7.86 |
| YTD Return | -0.09% |
| 1-Year Return | 3.77% |
| 5-Year Return | -4.57% |
| 52-Week Low | 7.81 |
| 52-Week High | 8.13 |
| Beta (5Y) | -0.05 |
| Holdings | 353 |
| 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 3.77% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.39%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 30, 2026 | $0.02585 | Jun 30, 2026 |
| May 29, 2026 | $0.02577 | May 29, 2026 |
| Apr 30, 2026 | $0.02542 | Apr 30, 2026 |
| Mar 31, 2026 | $0.0256 | Mar 31, 2026 |
| Feb 27, 2026 | $0.02522 | Feb 27, 2026 |
| Jan 30, 2026 | $0.02548 | Jan 30, 2026 |