PGIM California Muni Income Fund-Class R6 (PCIQX)
Nasdaq - Nasdaq Delayed price. Currency in USD
Add to watchlist
At close: 08:00PM EDT
PGIM California Muni Income Fund-Class R6
Dryden California Municipal Fund
Gateway Center Three, 4th Floor,100 Mulberry Stree
Newark, NJ 07102
800-225-1852
Management information
Lee M. Friedman,Lead manager since 4 March 2014
Lee Friedman, CFA, is a Principal and a Portfolio Manager for PGIM Fixed Incomeâs Municipal Bond Team. Mr. Friedman assists in managing tax-exempt and taxable municipal assets for retail funds, institutional clients, and affiliated accounts. Previously, he was an Associate for PGIM Fixed Incomeâs Credit Research Group where he covered higher education, not-for-profits (501c3), state and local government obligations, and transportation bonds, and also supported the senior municipal credit analysts. Previously, Mr. Friedman held positions in both Prudentialâs Asset Liability and Risk Management Group and PGIM Fixed Income, where he supported the attribution and forecasting processes. Prior to joining the Firm in 2003, Mr. Friedman was an auditor at The Vanguard Group. He received a BS in Finance with High Distinction from Pennsylvania State University. Mr. Friedman holds the Chartered Financial Analyst (CFA) designation.
Morningstar style box
Yahoo partners with Morningstar, a leading market research and investment data group to help investors rate and compare funds on Yahoo Finance. The Morningstar Category is shown next to the Morningstar Style Box, which identifies a fund's investment focus, based on the underlying securities in the fund.
Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryMuni California Intermediate
Fund familyPGIM Funds (Prudential)
Net assets228.43M
YTD return-5.65%
Yield2.34%
Morningstar rating★★★★★
Inception date25 Oct 2017
Fund operations
Last dividend0.02
Last cap gain0.00
Holdings turnover27.00%
Average for categoryN/A
Fees and expenses
ExpensePCIQXCategory average
Annual report expense ratio (net)0.38%0.78%
Prospectus net expense ratio0.38%N/A
Prospectus gross expense ratio0.79%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A3.37%
Max deferred sales loadN/A1.00%
3-yr expense projection211N/A
5-yr expense projection398N/A
10-yr expense projection940N/A
© 2022 Yahoo. All rights reserved.
