PGIM Muni High Income Fund-Class R6 (PHIQX)
| Fund Assets | 955.22M |
| Expense Ratio | 0.49% |
| Min. Investment | $0.00 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.40 |
| Dividend Yield | 4.23% |
| Dividend Growth | 1.05% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.43 |
| YTD Return | 1.11% |
| 1-Year Return | 3.74% |
| 5-Year Return | 6.62% |
| 52-Week Low | 8.61 |
| 52-Week High | 9.43 |
| Beta (5Y) | n/a |
| Holdings | 438 |
| Inception Date | Jun 27, 2017 |
About PHIQX
PGIM Muni High Income Fund Class R6 is a mutual fund specializing in municipal bonds within the fixed income asset class. Its primary objective is to provide investors with the maximum amount of income that is eligible for exclusion from federal income taxes, making it especially relevant for investors seeking tax-advantaged income. The fund typically invests at least 80% of its assets in a diversified portfolio of municipal bonds, which may include bonds of varying credit ratings, including both investment-grade and nonrated securities. This approach aims to enhance yield while navigating credit and interest rate risks associated with the municipal bond sector. PGIM Muni High Income Fund Class R6 plays an important role in the market by supporting municipal finance and infrastructure while offering income-focused investors a vehicle structured to balance return potential with tax efficiency and risk management.
Performance
PHIQX had a total return of 3.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.26%.
Top 10 Holdings
14.99% of assets| Name | Symbol | Weight |
|---|---|---|
| VanEck High Yield Muni ETF | HYD | 2.62% |
| iShares National Muni Bond ETF | MUB | 2.60% |
| PUERTO RICO COMWLTH 0.0001% | PR.PRC 11.01.2051 | 2.26% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 1.81% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.20% |
| PUERTO RICO COMWLTH 0.0001% | PR.PRC 11.01.2051 | 1.15% |
| PUERTO RICO COMWLTH 5.75% | PR.PRC 5.75 07.01.2031 | 0.94% |
| MAIN STR NAT GAS INC GA GAS SUPPLY REV 5% | GA.MAIUTL 05.01.2055 | 0.83% |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV 6.5% | TX.NHPFAC 6.5 01.01.2031 | 0.80% |
| PUBLIC AUTH FOR COLO ENERGY NAT GAS PUR REV 6.5% | CO.PUBUTL 6.5 11.15.2038 | 0.78% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.0332 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03382 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03379 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03286 | Oct 31, 2025 |
| Sep 30, 2025 | $0.03207 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03398 | Aug 29, 2025 |