PGIM Muni High Income A (PRHAX)
| Fund Assets | 890.95M |
| Expense Ratio | 0.81% |
| Min. Investment | $1,000 |
| Turnover | 68.00% |
| Dividend (ttm) | 0.37 |
| Dividend Yield | 3.83% |
| Dividend Growth | 3.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Sep 30, 2025 |
| Previous Close | 9.34 |
| YTD Return | 0.15% |
| 1-Year Return | 0.20% |
| 5-Year Return | 5.18% |
| 52-Week Low | 8.94 |
| 52-Week High | 9.68 |
| Beta (5Y) | n/a |
| Holdings | 409 |
| 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 0.20% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.70%.
Top 10 Holdings
22.46% of assets| Name | Symbol | Weight |
|---|---|---|
| VanEck High Yield Muni ETF | HYD | 4.78% |
| iShares National Muni Bond ETF | MUB | 4.00% |
| United States Treasury Bills 4.25353% | B.0 09.23.25 | 3.61% |
| PUERTO RICO COMWLTH 0.0001% | PR.PRC 11.01.2051 | 2.09% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV 0% | PR.PRCGEN 0 07.01.2046 | 1.86% |
| Prudential Invt Portfolios 2 | n/a | 1.54% |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH 5% | OH.BUCGEN 5 06.01.2055 | 1.31% |
| PUERTO RICO COMWLTH 0.0001% | PR.PRC 11.01.2051 | 1.24% |
| PUERTO RICO COMWLTH 5.75% | PR.PRC 5.75 07.01.2031 | 1.02% |
| MISSISSIPPI BUSINESS FIN CORP MISS GULF OPPORTUNITY ZONE 3.75% | MS.MSSDEV 12.01.2030 | 1.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Sep 30, 2025 | $0.02969 | Sep 30, 2025 |
| Aug 29, 2025 | $0.03151 | Aug 29, 2025 |
| Jul 31, 2025 | $0.03196 | Jul 31, 2025 |
| Jun 30, 2025 | $0.03092 | Jun 30, 2025 |
| May 30, 2025 | $0.03177 | May 30, 2025 |
| Apr 30, 2025 | $0.03134 | Apr 30, 2025 |