PGIM Government Income Fund - Class C (PRICX)
| Fund Assets | 218.41M |
| Expense Ratio | 2.00% |
| Min. Investment | $1,000 |
| Turnover | 91.00% |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 2.17% |
| Dividend Growth | -6.17% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jan 30, 2026 |
| Previous Close | 8.12 |
| YTD Return | 1.30% |
| 1-Year Return | 7.11% |
| 5-Year Return | -9.19% |
| 52-Week Low | 7.64 |
| 52-Week High | 8.14 |
| Beta (5Y) | n/a |
| Holdings | 341 |
| Inception Date | Aug 1, 1994 |
About PRICX
PGIM Government Income Fund Class C is an open-ended mutual fund that primarily invests in fixed income securities issued or guaranteed by the U.S. government, its agencies, or instrumentalities. The fund’s core objective is to achieve a high level of current return while maintaining capital preservation, allocating at least 80% of its assets to U.S. government obligations such as Treasury bills, bonds, agency securities, and mortgage-backed securities. This focus on government-backed fixed income instruments places the fund within the intermediate government bond category, balancing credit quality and interest rate sensitivity. The fund is managed by PGIM Investments LLC and employs a diversified approach, with its holdings distributed across hundreds of individual securities and a significant portion allocated to top-rated government and agency issuers. By specializing in U.S. government debt, the fund plays a crucial role in the market for investors seeking exposure to relatively lower credit risk while pursuing stable income.
Performance
PRICX had a total return of 7.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.07%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jan 30, 2026 | $0.01453 | Jan 30, 2026 |
| Dec 31, 2025 | $0.01484 | Dec 31, 2025 |
| Nov 28, 2025 | $0.01443 | Nov 28, 2025 |
| Oct 31, 2025 | $0.01401 | Oct 31, 2025 |
| Sep 30, 2025 | $0.01456 | Sep 30, 2025 |
| Aug 29, 2025 | $0.01438 | Aug 29, 2025 |