PGIM Muni High Income Fund-Class A (PRHAX)
| Fund Assets | 955.22M |
| Expense Ratio | 0.81% |
| Min. Investment | $1,000 |
| Turnover | 56.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.79% |
| Dividend Growth | 1.00% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 9.75 |
| YTD Return | 1.15% |
| 1-Year Return | 2.98% |
| 5-Year Return | 4.29% |
| 52-Week Low | 8.94 |
| 52-Week High | 9.76 |
| Beta (5Y) | n/a |
| Holdings | 438 |
| Inception Date | Jan 22, 1990 |
About PRHAX
PGIM Muni High Income Fund Class A is an open‑end municipal bond mutual fund focused on delivering income that is generally exempt from U.S. federal income taxes. According to the fund’s stated objective, it seeks to provide the maximum amount of federally tax‑exempt income by investing primarily in a diversified blend of municipal securities, with at least 80% of assets typically allocated to muni bonds. The strategy emphasizes revenue and general obligation bonds across states, sectors, and credits, enabling exposure to essential public finance areas such as transportation, utilities, healthcare, and education infrastructure. The fund is managed by PGIM Fixed Income, leveraging research‑driven credit selection and active duration and sector positioning to balance income generation with risk management within the municipal market. As a Class A share offering, it provides access to the same underlying portfolio with a traditional front‑end load structure and ongoing expenses specific to its share class. By channeling capital to state and local issuers, PGIM Muni High Income Fund Class A plays a role in financing public projects while offering investors a vehicle for federally tax‑advantaged income exposure within the U.S. municipal bond market.
Performance
PRHAX had a total return of 2.98% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.59%.
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 | $0.03071 | Jan 30, 2026 |
| Dec 31, 2025 | $0.03134 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03137 | Nov 28, 2025 |
| Oct 31, 2025 | $0.03036 | Oct 31, 2025 |
| Sep 30, 2025 | $0.02969 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03151 | Aug 29, 2025 |