PGIM Muni High Income Fund-Class A (PRHAX)

Fund Assets	956.98M
Expense Ratio	0.792%
Min. Investment	$1,000
Turnover	56.00%
Dividend (ttm)	0.36
Dividend Yield	4.05%
Dividend Growth	-1.69%
Payout Frequency	Monthly
Ex-Dividend Date	Sep 30, 2026

Previous Close	8.89
YTD Return	-1.22%
1-Year Return	-0.24%
5-Year Return	1.33%
52-Week Low	8.77
52-Week High	9.53
Beta (5Y)	0.12
Holdings	470
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.

• Fund Family: PGIM
• Category: High Yield Muni
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PRHAX
• Share Class: Class A
• Index: Bloomberg Municipal Bond TR

Performance

PRHAX had a total return of -0.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.65%.

Other Share Classes

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

Symbol	Share Class	Expense Ratio
PHIQX	Class R6	0.49%
PHIZX	Class Z	0.58%
PHICX	Class C	1.64%

Dividend History

Ex-Dividend	Amount	Pay Date
Sep 30, 2026	$0.0296	Sep 30, 2026
Aug 31, 2026	$0.03079	Aug 31, 2026
Jul 31, 2026	$0.0295	Jul 31, 2026
Jun 30, 2026	$0.02848	Jun 30, 2026
May 29, 2026	$0.03114	May 29, 2026
Apr 30, 2026	$0.03044	Apr 30, 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:

Oct 16, 2026

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