PGIM National Muni Fund - Class C (PNMCX)

Fund Assets	1.23B
Expense Ratio	1.53%
Min. Investment	$1,000
Turnover	62.00%
Dividend (ttm)	0.32
Dividend Yield	2.33%
Dividend Growth	9.85%
Payout Frequency	Monthly
Ex-Dividend Date	Jul 31, 2026

Previous Close	13.92
YTD Return	-0.06%
1-Year Return	3.15%
5-Year Return	-0.99%
52-Week Low	13.82
52-Week High	14.32
Beta (5Y)	0.08
Holdings	489
Inception Date	Aug 1, 1994

About PNMCX

PGIM National Muni Fund Class C is an open-end municipal bond mutual fund designed to provide a high level of current income that is exempt from federal income taxes. It invests primarily in a diversified portfolio of U.S. municipal bonds, with a policy to keep the majority of assets in investment‑grade securities under normal conditions. The strategy emphasizes long-term municipal obligations, aiming to balance income generation with capital preservation across states and sectors such as general obligation, revenue, and essential-service issuers. Managed by PGIM, the fund typically maintains broad credit and geographic exposure to help reduce issuer-specific risk while focusing on federally tax‑exempt income distributed monthly. Class C shares include distribution and service fees characteristic of this share class structure. The fund’s role in the market is to offer tax-advantaged fixed income exposure for investors seeking municipal bond income without taking on the concentration risk of single-issuer holdings, leveraging professional credit research and active portfolio management to navigate interest rate and credit cycles in the municipal market.

• Fund Family: PGIM
• Category: Muni National Interm
• Performance Rating: Low
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PNMCX
• Share Class: Class C
• Index: Bloomberg 1-15 Y Municipal Blend TR

Performance

PNMCX had a total return of 3.15% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.31%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VWITX	Vanguard	Vanguard Intermediate-Term Tax-Exempt Fund Investor Shares	0.17%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
PNMQX	Class R6	0.29%
DNMZX	Class Z	0.36%
PRNMX	Class A	0.61%

Dividend History

Ex-Dividend	Amount	Pay Date
Jul 31, 2026	$0.02586	Jul 31, 2026
Jun 30, 2026	$0.02555	Jun 30, 2026
May 29, 2026	$0.02662	May 29, 2026
Apr 30, 2026	$0.02616	Apr 30, 2026
Mar 31, 2026	$0.02677	Mar 31, 2026
Feb 27, 2026	$0.02535	Feb 27, 2026

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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