PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Long-Term Investments 100.7% | |||||
Municipal Bonds | |||||
Alabama 1.4% | |||||
Alabama Public School and College Authority, Revenue, Social Bonds, Series A, Rfdg | 5.000 % | 11/01/27 | 1,075 | $1,400,757 | |
Black Belt Energy Gas District, | |||||
Revenue, Project 5, Series A-1, (Mandatory Put Date 10/01/26) | 4.000 | 10/01/49 | 500 | 589,725 | |
Revenue, Project No. 4, Series A-1, (Mandatory Put Date 12/01/25) | 4.000 | 12/01/49 | 645 | 745,814 | |
Selma Industrial Development Board, Revenue, International Paper Co. Project, Series A, Rfdg, (Mandatory Put Date 06/16/25) | 1.375 | 05/01/34 | 400 | 407,536 | |
3,143,832 | |||||
Alaska 2.3% | |||||
Alaska Industrial Development & Export Authority, Revenue, Tanana Chiefs Conference Project, Series A | 5.000 | 10/01/29 | 1,000 | 1,321,930 | |
City of Valdez, Revenue, ExxonMobil Project, Rfdg, FRDD | 0.100(cc) | 12/01/29 | 4,005 | 4,005,000 | |
5,326,930 | |||||
Arizona 4.0% | |||||
Arizona Health Facilities Authority, Revenue, Banner Health, Series B, 3 Month LIBOR + 0.810% | 0.961(c) | 01/01/37 | 2,500 | 2,424,869 | |
Arizona Industrial Development Authority, Revenue, Phoenix Children’s Hospital, Series A | 5.000 | 02/01/27 | 200 | 249,010 | |
Chandler Industrial Development Authority, | |||||
Revenue, Intel Corp. Project, (Mandatory Put Date 08/14/23) | 2.400 | 12/01/35 | 1,145 | 1,206,681 | |
Revenue, Intel Corp., AMT, (Mandatory Put Date 06/03/24) | 5.000 | 06/01/49 | 1,010 | 1,161,167 | |
City of Phoenix Civic Improvement Corp., Revenue, Senior Lien, AMT, Rfdg | 5.000 | 07/01/32 | 500 | 551,960 | |
Industrial Development Authority of the City of Phoenix, Revenue, Great Hearts Academies Project | 3.750 | 07/01/24 | 390 | 408,798 | |
Maricopa County Industrial Development Authority, Revenue, Reid Traditional Schools Project | 4.000 | 07/01/26 | 500 | 543,700 | |
Salt River Project Agricultural Improvement & Power District, Revenue, Forward Delivery, Series A, Rfdg(hh) | 5.000 | 01/01/28 | 375 | 471,577 |
1
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Arizona (cont’d.) | |||||
Salt Verde Finance Corp., | |||||
Revenue, National Gas Utility | 5.250 % | 12/01/21 | 815 | $846,215 | |
Revenue, National Gas Utility | 5.250 | 12/01/26 | 1,125 | 1,378,789 | |
9,242,766 | |||||
California 5.4% | |||||
California Health Facilities Financing Authority, Revenue, Providence St. Joseph Health Project, Series C, Rfdg, (Mandatory Put Date 10/01/25) | 5.000 | 10/01/39 | 500 | 608,280 | |
California Municipal Finance Authority, | |||||
Revenue, American Heritage Foundation, Series A, Rfdg | 4.000 | 06/01/26 | 375 | 402,615 | |
Revenue, Chevron USA, Recovery Zone, Series A, FRDD | 0.100(cc) | 11/01/35 | 100 | 100,000 | |
Revenue, ExxonMobil Project, Rfdg, FRDD | 0.100(cc) | 12/01/29 | 210 | 210,000 | |
California Pollution Control Financing Authority, | |||||
Revenue, Green Bond Project, AMT, 144A | 7.000 | 07/01/22(d) | 250 | 161,091 | |
Revenue, Waste Management Project, Series A, (Mandatory Put Date 05/01/24) | 2.500 | 11/01/38 | 1,000 | 1,057,590 | |
California School Finance Authority, | |||||
Revenue, Alliance College Ready Public Schools, Series A, 144A | 4.000 | 07/01/21 | 400 | 406,524 | |
Revenue, Alliance College Ready Public Schools, Series A, Rfdg, 144A | 4.000 | 07/01/24 | 270 | 300,591 | |
Revenue, Green Dot Public School Project, Series A, 144A | 4.000 | 08/01/25 | 330 | 358,977 | |
Revenue, KIPP Project, Series A, 144A | 3.625 | 07/01/25 | 400 | 430,072 | |
California State Public Works Board, Revenue, Forward Delivery, Series A, Rfdg(hh) | 5.000 | 02/01/28 | 1,175 | 1,443,053 | |
Chula Vista Municipal Financing Authority, Special Tax, Rfdg | 5.000 | 09/01/21 | 755 | 778,012 | |
City of Roseville, Westpark Community Facility District No.1, Special Tax, Rfdg | 5.000 | 09/01/22 | 225 | 239,672 | |
Golden State Tobacco Securitization Corp., | |||||
Revenue, Series A-1, Rfdg | 5.000 | 06/01/26 | 1,000 | 1,214,250 | |
Revenue, Series A-1, Rfdg | 5.000 | 06/01/27 | 1,100 | 1,370,072 | |
Long Beach Bond Finance Authority, Revenue, Natural Gas, Series B, 3 Month LIBOR + 1.450% | 1.599(c) | 11/15/27 | 700 | 703,563 |
2
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
California (cont’d.) | |||||
San Diego County Water Authority, Revenue, Green Bond, Series A, Rfdg(hh) | 5.000 % | 05/01/28 | 500 | $654,505 | |
State of California, GO, Rfdg | 5.000 | 11/01/28 | 1,500 | 2,005,185 | |
12,444,052 | |||||
Colorado 3.4% | |||||
City & County of Denver, Airport System, Revenue, Series A, AMT, Rfdg | 5.000 | 11/15/28 | 250 | 313,015 | |
Colorado Educational & Cultural Facilities Authority, Revenue, Lighthouse Building Corp. Stem Project, Rfdg | 4.000 | 11/01/24 | 480 | 509,544 | |
Colorado Health Facilities Authority, | |||||
Revenue, Christian Living Neighborhood, Rfdg | 4.000 | 01/01/22 | 300 | 303,669 | |
Revenue, Commonspirit Health, Series A, Rfdg | 5.000 | 08/01/27 | 1,000 | 1,255,780 | |
Revenue, Commonspirit Health, Series A, Rfdg | 5.000 | 08/01/28 | 200 | 256,206 | |
Revenue, Commonspirit Health, Series A-2, Rfdg | 5.000 | 08/01/26 | 230 | 281,354 | |
Revenue, Commonspirit Health, Series B-2, (Mandatory Put Date 08/01/26) | 5.000 | 08/01/49 | 1,330 | 1,606,786 | |
Revenue, National Jewish Health Initiatives, Rfdg | 5.000 | 01/01/22 | 125 | 128,843 | |
Revenue, National Jewish Health Initiatives, Rfdg | 5.000 | 01/01/24 | 315 | 324,185 | |
Revenue, Valley View Hospital Association Project, Rfdg, (Mandatory Put Date 05/15/23) | 2.800 | 05/15/42 | 950 | 979,536 | |
Park Creek Metropolitan District, Revenue, Series A, Rfdg | 5.000 | 12/01/23 | 1,100 | 1,232,704 | |
Regional Transportation District, Revenue, Denver Transit Partners Eagle P3 Project, Series A, Rfdg | 5.000 | 07/15/27 | 500 | 622,385 | |
7,814,007 | |||||
Connecticut 3.5% | |||||
Harbor Point Infrastructure Improvement District, Special Assessment, Rfdg, 144A | 5.000 | 04/01/22 | 600 | 612,426 | |
State of Connecticut, | |||||
Revenue, Special Tax Obligation, Series A | 5.000 | 05/01/22 | 250 | 265,548 | |
Revenue, Special Tax Obligation, Series A | 5.000 | 05/01/27 | 500 | 634,465 | |
Revenue, Special Tax Obligation, Series A | 5.000 | 05/01/29 | 1,000 | 1,329,840 | |
Revenue, Transportation Infrastructure, Series A | 5.000 | 01/01/23 | 275 | 300,561 | |
Revenue, Transportation Infrastructure, Series A | 5.000 | 09/01/24 | 830 | 968,311 | |
Revenue, Transportation Infrastructure, Series A | 5.000 | 08/01/25 | 760 | 915,412 |
3
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Connecticut (cont’d.) | |||||
State of Connecticut, (cont’d.) | |||||
Series 2021-A, GO(hh) | 4.000 % | 01/15/28 | 1,500 | $1,831,035 | |
Series C, GO | 5.000 | 06/15/26 | 1,000 | 1,237,170 | |
8,094,768 | |||||
Delaware 0.6% | |||||
Delaware State Economic Development Authority, Revenue, Newark Charter School, Series A, Rfdg | 2.800 | 09/01/26 | 335 | 348,976 | |
Delaware Transportation Authority, Revenue, Rfdg | 5.000 | 07/01/28 | 850 | 1,127,967 | |
1,476,943 | |||||
District of Columbia 2.3% | |||||
District of Columbia Friendship Public Charter School, Revenue | 3.550 | 06/01/22 | 335 | 341,301 | |
District of Columbia KIPP Charter School, | |||||
Revenue, Project Series B, Rfdg | 5.000 | 07/01/27 | 145 | 172,186 | |
Revenue, Rfdg (Escrowed to Maturity Date 07/01/23)(ee) | 5.000 | 07/01/23 | 210 | 223,194 | |
Metropolitan Washington Airports Authority, | |||||
Revenue, AMT, Rfdg | 5.000 | 10/01/26 | 2,000 | 2,478,140 | |
Revenue, Series A, AMT, Rfdg | 5.000 | 10/01/30 | 1,485 | 2,002,983 | |
5,217,804 | |||||
Florida 8.2% | |||||
City of Tallahassee, | |||||
Revenue, Memorial Healthcare, Inc., Project, Series A | 5.000 | 12/01/23 | 255 | 283,917 | |
Revenue, Memorial Healthcare, Inc., Project, Series A | 5.000 | 12/01/25 | 550 | 649,627 | |
County of Broward Airport System, | |||||
Revenue, Series A, AMT | 5.000 | 10/01/26 | 500 | 596,620 | |
Revenue, Series B, AMT, Rfdg | 5.000 | 10/01/27 | 1,000 | 1,258,800 | |
Revenue, Series B, AMT, Rfdg | 5.000 | 10/01/28 | 1,000 | 1,281,550 | |
Florida Higher Educational Facilities Financial Authority, Revenue, Nova Southeastern University, Rfdg (Escrowed to Maturity Date 04/01/21)(ee) | 4.000 | 04/01/21 | 40 | 40,358 | |
Greater Orlando Aviation Authority, Revenue, Series A, AMT | 5.000 | 10/01/24 | 1,000 | 1,159,290 | |
Hillsborough County Aviation Authority, Revenue, Tampa International Airport, Sub-Series A, AMT, Rfdg | 5.000 | 10/01/25 | 1,500 | 1,678,785 |
4
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Florida (cont’d.) | |||||
JEA Electric System, Revenue, Sub-Series A, Rfdg | 5.000 % | 10/01/28 | 1,000 | $1,305,280 | |
Lakewood Ranch Stewardship District, | |||||
Special Assessment | 4.000 | 05/01/21 | 180 | 180,700 | |
Special Assessment | 4.250 | 05/01/25 | 300 | 312,651 | |
Special Assessment | 4.250 | 05/01/26 | 250 | 260,105 | |
Special Assessment | 4.625 | 05/01/27 | 500 | 542,190 | |
Myrtle Creek Improvement District, Special Assessment, Series A, BAM, Rfdg | 4.000 | 05/01/27 | 1,000 | 1,134,900 | |
Orange County Health Facilities Authority, | |||||
Revenue, Orlando Healthcare Obligated Group, Series B, Rfdg | 5.000 | 10/01/25 | 1,900 | 2,299,247 | |
Revenue, Orlando Healthcare, Inc., Series A, Rfdg | 5.000 | 10/01/23 | 150 | 168,824 | |
Revenue, Orlando Regional Healthcare, NATL, Series C, Rfdg (Escrowed to Maturity Date 10/01/21)(ee) | 6.250 | 10/01/21 | 25 | 26,074 | |
Palm Beach County Health Facilities Authority, Revenue, Sinai Residences, Series A, Rfdg | 6.750 | 06/01/24 | 370 | 402,127 | |
Village Community Development District No. 04, Special Assessment, Revenue, Rfdg | 4.125 | 05/01/21 | 90 | 90,220 | |
Village Community Development District No. 05, Phase I, Special Assessment, Revenue, Rfdg | 3.000 | 05/01/21 | 75 | 75,494 | |
Village Community Development District No. 06, | |||||
Special Assessment, Revenue, Rfdg | 3.000 | 05/01/21 | 155 | 155,618 | |
Special Assessment, Revenue, Rfdg | 4.000 | 05/01/26 | 235 | 270,506 | |
Village Community Development District No. 07, | |||||
Special Assessment, Revenue, Rfdg | 4.000 | 05/01/21 | 1,160 | 1,168,700 | |
Special Assessment, Revenue, Rfdg | 4.000 | 05/01/24 | 1,485 | 1,593,346 | |
Special Assessment, Revenue, Rfdg | 4.000 | 05/01/25 | 915 | 998,832 | |
Special Assessment, Revenue, Rfdg | 4.000 | 05/01/26 | 280 | 305,460 | |
Village Community Development District No. 10, Special Assessment, Revenue | 4.500 | 05/01/23 | 210 | 216,962 | |
Village Community Development District No. 12, Special Assessment, Revenue, 144A | 3.250 | 05/01/23 | 240 | 245,362 | |
18,701,545 | |||||
Georgia 5.9% | |||||
Burke County Development Authority, | |||||
Revenue, Georgia Power Co. Plant Vogtle Project, (Mandatory Put Date 05/25/23) | 2.250 | 10/01/32 | 250 | 258,905 | |
Revenue, Georgia Power Co. Plant Vogtle Project, Rfdg, (Mandatory Put Date 08/22/24) | 1.700 | 12/01/49 | 1,000 | 1,033,200 |
5
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Georgia (cont’d.) | |||||
Burke County Development Authority, (cont’d.) | |||||
Revenue, Oglethorpe Power Corp., Series V, Rfdg, (Mandatory Put Date 02/03/25) | 3.250 % | 11/01/45 | 500 | $537,235 | |
City of Atlanta Department of Aviation, Revenue, Series B, AMT, Rfdg | 5.000 | 07/01/28 | 500 | 644,305 | |
Georgia State Road & Tollway Authority, Grant Anticipation Revenue Vehicle | 5.000 | 06/01/27 | 1,075 | 1,374,409 | |
Main Street Natural Gas, Inc., | |||||
Revenue, Series B, (Mandatory Put Date 09/01/23), 1 Month LIBOR + 0.750% | 0.854(c) | 04/01/48 | 1,200 | 1,200,210 | |
Revenue, Series B, (Mandatory Put Date 12/02/24) | 4.000 | 08/01/49 | 1,905 | 2,160,422 | |
Revenue, Series C, (Mandatory Put Date 09/01/26) | 4.000 | 03/01/50 | 700 | 820,939 | |
Revenue, Sub-Series C, (Mandatory Put Date 12/01/23) | 4.000 | 08/01/48 | 1,860 | 2,037,556 | |
Municipal Electric Authority of Georgia, | |||||
Power Revenue, Series HH, Rfdg | 5.000 | 01/01/29 | 1,000 | 1,277,000 | |
Revenue, Combined Cycle Project, Series A, Rfdg | 4.000 | 11/01/24 | 700 | 794,129 | |
Revenue, Project One, Sub-Bonds, Series A, Rfdg | 5.000 | 01/01/26 | 575 | 694,479 | |
Private Colleges & Universities Authority, Revenue, Savannah College of Art & Design | 5.000 | 04/01/22 | 670 | 704,271 | |
13,537,060 | |||||
Hawaii 0.5% | |||||
State of Hawaii Harbor System, Revenue, Series A, AMT, Rfdg | 4.000 | 07/01/33 | 1,000 | 1,188,550 | |
Idaho 0.5% | |||||
County of Nez Perce, Revenue, Potlatch Corp. Project, Rfdg | 2.750 | 10/01/24 | 1,000 | 1,042,910 | |
Illinois 13.6% | |||||
Chicago O’Hare International Airport, | |||||
Revenue, Series A, AMT, Rfdg | 5.000 | 01/01/26 | 925 | 1,080,150 | |
Revenue, Series C, AMT, Rfdg | 5.000 | 01/01/23 | 200 | 217,420 | |
Chicago Transit Authority, Revenue, Federal Transit Administration Section 530, AGM, Rfdg | 5.000 | 06/01/22 | 1,630 | 1,657,889 | |
City of Chicago, | |||||
Series 2003 B, GO, Rfdg | 5.000 | 01/01/23 | 370 | 391,811 | |
Series C, GO, Rfdg (Escrowed to Maturity Date 01/01/22)(ee) | 5.000 | 01/01/22 | 675 | 705,665 |
6
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Illinois (cont’d.) | |||||
City of Chicago, (cont’d.) | |||||
Series C, GO, Unrefunded, Rfdg | 5.000 % | 01/01/22 | 345 | $355,250 | |
City of Chicago Wastewater Transmission, | |||||
Revenue, Second Lien | 5.000 | 01/01/25 | 615 | 638,991 | |
Revenue, Second Lien, Series C, Rfdg | 5.000 | 01/01/22 | 990 | 1,032,075 | |
City of Chicago Waterworks, | |||||
Revenue, Second Lien Project | 5.000 | 11/01/25 | 335 | 384,982 | |
Revenue, Second Lien Project, Rfdg | 4.000 | 11/01/21 | 375 | 384,529 | |
Revenue, Second Lien, Rfdg | 4.000 | 11/01/24 | 280 | 295,456 | |
Revenue, Second Lien, Rfdg | 5.000 | 11/01/22 | 840 | 901,774 | |
Revenue, Second Lien, Rfdg | 5.000 | 11/01/27 | 135 | 144,908 | |
City of Springfield Electric, Revenue, Senior Lien, Rfdg | 5.000 | 03/01/22 | 300 | 314,778 | |
County of Cook, Series A, GO, Rfdg | 5.000 | 11/15/23 | 1,000 | 1,108,440 | |
Illinois Finance Authority, | |||||
Revenue, Advocate Healthcare Project, Series A-1, Rfdg | 4.000 | 11/01/30 | 1,000 | 1,181,740 | |
Revenue, American Water Capital Corp. Project, Rfdg, (Mandatory Put Date 09/01/23) | 0.700 | 05/01/40 | 600 | 598,188 | |
Revenue, Presbyterian Homes, Series B, Rfdg, (Mandatory Put Date 05/01/21), 1 Month LIBOR + 1.350% | 1.458(c) | 05/01/36 | 500 | 499,494 | |
Revenue, Series B-2, Rfdg, (Mandatory Put Date 11/15/26) | 5.000 | 05/15/50 | 1,000 | 1,197,430 | |
Illinois State Toll Highway Authority, | |||||
Senior Revenue, Series A, Rfdg | 5.000 | 01/01/28 | 1,360 | 1,757,378 | |
Senior Revenue, Series C, Rfdg | 5.000 | 01/01/28 | 2,125 | 2,745,904 | |
Railsplitter Tobacco Settlement Authority, | |||||
Revenue | 5.000 | 06/01/22 | 755 | 803,358 | |
Revenue | 5.000 | 06/01/24 | 1,080 | 1,243,220 | |
Revenue | 5.000 | 06/01/25 | 100 | 119,199 | |
Revenue | 5.375 | 06/01/21 | 1,100 | 1,122,297 | |
Regional Transportation Authority, Revenue, NATL, Series A, Rfdg | 5.500 | 07/01/25 | 760 | 920,269 | |
Sales Tax Securitization Corp., Revenue, Second Lien, Series A, Rfdg | 5.000 | 01/01/27 | 1,000 | 1,221,030 | |
State of Illinois, | |||||
GO | 5.000 | 02/01/22 | 200 | 208,146 | |
GO | 5.000 | 05/01/23 | 110 | 118,450 | |
GO, Rfdg | 5.000 | 08/01/24 | 515 | 542,372 | |
Revenue, Junior Obligation, Rfdg | 5.000 | 06/15/24 | 705 | 769,106 |
7
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Illinois (cont’d.) | |||||
State of Illinois, (cont’d.) | |||||
Revenue, Junior Series D, BAM, Rfdg | 5.000 % | 06/15/25 | 1,325 | $1,554,808 | |
Series A, GO | 4.000 | 01/01/22 | 75 | 77,107 | |
Series A, GO | 4.000 | 01/01/23 | 360 | 369,756 | |
Series A, GO | 5.000 | 04/01/22 | 1,000 | 1,046,260 | |
Series D, GO | 5.000 | 11/01/23 | 1,500 | 1,628,040 | |
Series D, GO | 5.000 | 11/01/26 | 1,100 | 1,237,148 | |
University of Illinois, Revenue, Series A, Rfdg | 5.000 | 04/01/26 | 425 | 500,187 | |
31,075,005 | |||||
Indiana 0.8% | |||||
City of Rockport, Revenue, Power Co. Project, Series A, Rfdg | 3.050 | 06/01/25 | 500 | 549,555 | |
City of Whiting Environmental Facilities, Revenue, BP Products, AMT, Rfdg, (Mandatory Put Date 06/05/26) | 5.000 | 12/01/44 | 1,000 | 1,220,470 | |
1,770,025 | |||||
Iowa 0.5% | |||||
Iowa Finance Authority, Revenue, Lifespace communities Inc. | 2.875 | 05/15/49 | 500 | 500,575 | |
PEFA, Inc., Revenue, Gas Project, Series A-1, (Mandatory Put Date 09/01/26) | 5.000 | 09/01/49 | 500 | 613,115 | |
1,113,690 | |||||
Kentucky 1.7% | |||||
County of Trimble, Revenue, Louisville Gas & Electric Project, Series A, AMT, Rfdg, (Mandatory Put Date 09/01/27) | 1.300 | 09/01/44 | 750 | 763,328 | |
Kentucky Public Energy Authority, | |||||
Revenue, Series A-1, (Mandatory Put Date 06/01/25) | 4.000 | 12/01/49 | 1,235 | 1,405,084 | |
Revenue, Series B, (Mandatory Put Date 01/01/25) | 4.000 | 01/01/49 | 1,480 | 1,666,569 | |
3,834,981 | |||||
Louisiana 1.4% | |||||
City of New Orleans, | |||||
GO, Rfdg | 5.000 | 12/01/22 | 100 | 108,654 |
8
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Louisiana (cont’d.) | |||||
City of New Orleans, (cont’d.) | |||||
GO, Rfdg | 5.000 % | 12/01/23 | 150 | $169,617 | |
City of New Orleans Sewerage Service, | |||||
Revenue | 5.000 | 06/01/23 | 300 | 330,708 | |
Revenue | 5.000 | 06/01/24 | 200 | 228,560 | |
Louisiana Offshore Terminal Authority, Revenue, Loop LLC Project, Series C, Rfdg, (Mandatory Put Date 12/01/23) | 1.650 | 09/01/34 | 500 | 515,840 | |
Louisiana Public Facilities Authority, | |||||
Revenue, Ochsner Clinic Foundation Project, Series B, Rfdg, (Mandatory Put Date 05/15/25) | 5.000 | 05/15/50 | 1,065 | 1,256,072 | |
Revenue, Ochsner Clinic Foundation, Rfdg | 5.000 | 05/15/22 | 265 | 279,726 | |
Parish of St. John the Baptist, Revenue, Marathon Oil Corp., Rfdg, (Mandatory Put Date 07/01/24) | 2.100 | 06/01/37 | 200 | 204,060 | |
3,093,237 | |||||
Maryland 0.2% | |||||
Maryland Economic Development Corp., Revenue, Transportation Project, Series A, Rfdg | 5.000 | 06/01/24 | 350 | 388,203 | |
Massachusetts 1.7% | |||||
Commonwealth of Massachusetts, | |||||
Consolidated Loans, Series E, GO | 5.000 | 11/01/27 | 1,000 | 1,304,970 | |
Series A, Revenue Anticipation Notes, GO | 2.000 | 04/21/21 | 2,000 | 2,010,520 | |
Massachusetts Port Authority, Revenue, Series C, AMT, Rfdg | 5.000 | 07/01/29 | 500 | 658,555 | |
3,974,045 | |||||
Michigan 0.8% | |||||
Michigan Finance Authority, | |||||
Revenue, Local Government Loan Program, NATL, Series D-6, Rfdg | 5.000 | 07/01/25 | 320 | 367,222 | |
Revenue, Local Government Loan Program, Series D-1, Rfdg | 5.000 | 07/01/22 | 400 | 427,996 | |
Revenue, Senior Series A, Class 1, Rfdg | 5.000 | 06/01/27 | 500 | 634,270 | |
Revenue, Senior Series A, Class 1, Rfdg | 5.000 | 06/01/29 | 250 | 329,975 | |
1,759,463 |
9
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Mississippi 0.3% | |||||
County of Warren, Revenue, International Paper Co. Project, Rfdg, (Mandatory Put Date 09/01/23) | 2.900 % | 09/01/32 | 250 | $265,135 | |
Mississippi Business Finance Corp., Revenue, Pollution Control, Rfdg | 3.200 | 09/01/28 | 500 | 528,415 | |
793,550 | |||||
Missouri 0.6% | |||||
Kansas City Industrial Development Authority, Revenue, International Airport Terminal, Series B, AMT | 5.000 | 03/01/29 | 1,000 | 1,259,410 | |
Nebraska 0.4% | |||||
Central Plains Energy Project, Revenue, Project No. 4, (Mandatory Put Date 01/01/24) | 5.000 | 03/01/50 | 875 | 983,579 | |
Nevada 0.2% | |||||
Clark County Airport Department of Aviation, Revenue, Jet Aviation Fuel Tax, Series A, AMT, Rfdg | 5.000 | 07/01/21 | 500 | 511,065 | |
New Jersey 6.9% | |||||
New Jersey Building Authority, | |||||
Revenue, Series A, Rfdg (Escrowed to Maturity Date 06/15/21)(ee) | 5.000 | 06/15/21 | 60 | 61,268 | |
Revenue, Series A, Unrefunded, Rfdg | 5.000 | 06/15/21 | 625 | 637,600 | |
New Jersey Economic Development Authority, | |||||
Revenue, American Water Co. Inc., Project, Series E, AMT, Rfdg | 0.850 | 12/01/25 | 500 | 501,035 | |
Revenue, American Water Co., Series B, AMT, Rfdg, (Mandatory Put Date 06/01/23) | 1.200 | 11/01/34 | 500 | 506,835 | |
Revenue, Port Newark Container, AMT, Rfdg | 5.000 | 10/01/21 | 500 | 515,870 | |
Revenue, Series XX, Rfdg | 5.000 | 06/15/22 | 860 | 915,203 | |
Revenue, Series XX, Rfdg | 5.000 | 06/15/24 | 420 | 478,787 | |
Revenue, State Appropriation, Series B, Rfdg | 4.000 | 11/01/25 | 455 | 506,674 | |
New Jersey Health Care Facilities Financing Authority, | |||||
Revenue, AHS Hospital Corp., Rfdg | 5.000 | 07/01/24 | 275 | 318,560 | |
Revenue, Hackensack Meridian Health, Series A, Rfdg | 5.000 | 07/01/25 | 495 | 594,282 |
10
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
New Jersey (cont’d.) | |||||
New Jersey Health Care Facilities Financing Authority, (cont’d.) | |||||
Revenue, RWJ Barnabas Health Obligation Group, Series A, Rfdg | 5.000 % | 07/01/27 | 450 | $551,497 | |
Revenue, University Hospital, Series A, AGM, Rfdg | 5.000 | 07/01/23 | 500 | 552,755 | |
Revenue, Virtua Health, Rfdg | 5.000 | 07/01/21 | 125 | 127,854 | |
New Jersey Transportation Trust Fund Authority, | |||||
Revenue, Transportation Program, Series AA | 5.000 | 06/15/22 | 895 | 952,450 | |
Revenue, Transportation System Bond, Rfdg | 5.000 | 12/15/26 | 500 | 607,400 | |
Revenue, Transportation System, Series A, Rfdg | 5.000 | 12/15/23 | 290 | 325,722 | |
Revenue, Transportation System, Series B, AGC, Rfdg | 5.500 | 12/15/21 | 175 | 182,236 | |
New Jersey Turnpike Authority, | |||||
Revenue, Series A | 5.000 | 01/01/27 | 320 | 369,504 | |
Revenue, Series D-1, Rfdg, 1 Month LIBOR + 0.700% | 0.808(c) | 01/01/24 | 1,000 | 1,009,011 | |
South Jersey Transportation Authority, | |||||
Revenue, Series A, Rfdg (Escrowed to Maturity Date 11/01/21)(ee) | 5.000 | 11/01/21 | �� | 175 | 182,095 |
Revenue, Series A, Unrefunded, Rfdg | 5.000 | 11/01/21 | 175 | 181,344 | |
State of New Jersey, | |||||
COVID-19, Emegency Bonds, Series A, GO | 5.000 | 06/01/26 | 1,140 | 1,393,103 | |
GO | 5.000 | 06/01/21 | 150 | 152,774 | |
Tobacco Settlement Financing Corp., | |||||
Revenue, Series A, Rfdg | 5.000 | 06/01/25 | 935 | 1,118,784 | |
Revenue, Series A, Rfdg | 5.000 | 06/01/26 | 880 | 1,086,474 | |
Revenue, Series A, Rfdg | 5.000 | 06/01/27 | 1,360 | 1,724,562 | |
Revenue, Series A, Rfdg | 5.000 | 06/01/30 | 105 | 134,727 | |
15,688,406 | |||||
New York 4.3% | |||||
City of New York, Fiscal 2008, Series J-5, GO | 5.000 | 08/01/28 | 1,000 | 1,309,400 | |
Metropolitan Transportation Authority, Revenue, Sub-Series B-2A, Bond Anticipation Notes | 5.000 | 05/15/21 | 3,500 | 3,537,485 | |
New York City Transitional Finance Authority, Revenue, Future Tax Secured, Sub-Bonds, Series D-1, Rfdg | 5.000 | 11/01/28 | 1,000 | 1,327,110 | |
New York State Dormitory Authority, | |||||
Revenue, Memorial Sloan Kettering Cancer Center, Series 1, Rfdg | 5.000 | 07/01/24 | 150 | 174,395 | |
Revenue, New York University Hospitals Center, Rfdg | 5.000 | 07/01/24 | 565 | 643,411 | |
Revenue, New York University Hospitals Center, Rfdg | 5.000 | 07/01/24 | 700 | 797,146 | |
Revenue, Sub-Series B, Revenue Anticipation Notes | 5.000 | 03/31/21 | 1,545 | 1,562,489 | |
11
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
New York (cont’d.) | |||||
New York Transportation Development Corp., Revenue, JFK International Air Terminal Project, Series A, Rfdg, AMT | 5.000 % | 12/01/25 | 200 | $236,440 | |
TSASC, Inc., Revenue, Series A, Rfdg | 5.000 | 06/01/24 | 250 | 287,777 | |
9,875,653 | |||||
North Carolina 0.8% | |||||
North Carolina Turnpike Authority, Revenue, Bond Anticipation Notes | 5.000 | 02/01/24 | 1,560 | 1,769,602 | |
Ohio 2.4% | |||||
Akron Bath Copley Joint Township Hospital District, Revenue, Summa Health Obligation Group, Rfdg | 5.000 | 11/15/27 | 185 | 230,160 | |
Buckeye Tobacco Settlement Financing Authority, Revenue, Senior Series A-2, Class 1, Rfdg | 5.000 | 06/01/28 | 1,130 | 1,466,333 | |
County of Allen Hospital Facilities, Revenue, Series A, Rfdg | 5.000 | 08/01/27 | 560 | 710,612 | |
County of Cuyahoga, | |||||
Revenue, MetroHealth System, Rfdg | 4.000 | 02/15/29 | 1,200 | 1,373,892 | |
Revenue, MetroHealth System, Rfdg | 5.000 | 02/15/25 | 695 | 801,634 | |
Lancaster Port Authority, Revenue, Natural Gas, Series A, Rfdg, (Mandatory Put Date 02/01/25) | 5.000 | 08/01/49 | 250 | 293,295 | |
Ohio Air Quality Development Authority, Revenue, American Electric Power Co. Project, Series A, (Mandatory Put Date 10/01/29) | 2.400 | 12/01/38 | 500 | 524,260 | |
5,400,186 | |||||
Oklahoma 2.2% | |||||
Oklahoma Development Finance Authority, | |||||
Revenue, Gilcrease Expressway West, AMT | 1.625 | 07/06/23 | 500 | 502,080 | |
Revenue, University of Oklahoma Medicine Project, Series B | 5.000 | 08/15/25 | 800 | 926,904 | |
Revenue, University of Oklahoma Medicine Project, Series B | 5.000 | 08/15/29 | 1,100 | 1,345,883 | |
Oklahoma Turnpike Authority, | |||||
Revenue, Second Senior Series A, Class 1, Rfdg | 5.000 | 01/01/28 | 1,000 | 1,305,710 | |
Revenue, Second Senior Series A, Class 1, Rfdg | 5.000 | 01/01/29 | 730 | 975,258 | |
5,055,835 |
12
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Pennsylvania 5.4% | |||||
Chester County Industrial Development Authority, | |||||
Revenue, Renaissance Academy Charter School, Rfdg | 3.750 % | 10/01/24 | 270 | $284,018 | |
Revenue, Renaissance Academy Charter School, Rfdg | 5.000 | 10/01/34 | 260 | 284,866 | |
Commonwealth Financing Authority, | |||||
Revenue, Tobacco Master Settlement Payment | 5.000 | 06/01/21 | 425 | 432,939 | |
Revenue, Tobacco Master Settlement Payment | 5.000 | 06/01/24 | 335 | 385,974 | |
Revenue, Tobacco Master Settlement Payment | 5.000 | 06/01/25 | 1,000 | 1,191,990 | |
Commonwealth of Pennsylvania, | |||||
First Series, GO, Rfdg | 5.000 | 08/15/25 | 1,000 | 1,212,060 | |
Series A, Certificate of Participation, Rfdg | 5.000 | 07/01/26 | 500 | 612,385 | |
Delaware River Joint Toll Bridge Commission, Revenue, Bridge System, Series B, Rfdg | 5.000 | 07/01/28 | 275 | 362,576 | |
East Hempfield Township Industrial Development Authority, Revenue, Willow Valley Community, Rfdg | 5.000 | 12/01/23 | 500 | 549,665 | |
Geisinger Authority, Revenue, Geisinger Health System Obligation Group, Series B, Rfdg, (Mandatory Put Date 02/15/27) | 5.000 | 04/01/43 | 675 | 837,621 | |
Pennsylvania Higher Educational Facilities Authority, | |||||
Revenue, University of Pennsylvania Health System | 5.000 | 08/15/28 | 500 | 655,005 | |
Revenue, University of Pennsylvania Health System, Rfdg | 5.000 | 08/15/26 | 500 | 600,870 | |
Pennsylvania Turnpike Commission, | |||||
Revenue, Rfdg | 5.000 | 12/01/29 | 1,345 | 1,769,953 | |
Revenue, Series A-2, Rfdg | 5.000 | 12/01/26 | 1,015 | 1,284,219 | |
Revenue, Sub-Series A | 5.000 | 12/01/29 | 525 | 689,582 | |
Philadelphia Gas Works Co., | |||||
Revenue, Rfdg | 5.000 | 08/01/25 | 340 | 407,650 | |
Revenue, Sixteenth Series A, AGM | 5.000 | 08/01/27 | 700 | 885,556 | |
12,446,929 | |||||
Puerto Rico 0.1% | |||||
Puerto Rico Sales Tax Financing Corp., Revenue, Series A-1, CABS | (1.314)(s) | 07/01/24 | 259 | 242,364 | |
Rhode Island 1.5% | |||||
Tobacco Settlement Financing Corp., | |||||
Revenue, Series A, Rfdg | 5.000 | 06/01/22 | 540 | 575,467 | |
Revenue, Series A, Rfdg | 5.000 | 06/01/23 | 380 | 422,199 |
13
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Rhode Island (cont’d.) | |||||
Tobacco Settlement Financing Corp., (cont’d.) | |||||
Revenue, Series A, Rfdg | 5.000 % | 06/01/24 | 1,940 | $2,173,052 | |
Revenue, Series A, Rfdg | 5.000 | 06/01/28 | 240 | 276,029 | |
3,446,747 | |||||
South Carolina 1.2% | |||||
County of Richland, Revenue, International Paper Co. Project, Series A, Rfdg | 3.875 | 04/01/23 | 1,070 | 1,148,024 | |
South Carolina Public Service Authority, | |||||
Revenue, Santee Cooper, Series A, Rfdg | 5.000 | 12/01/24 | 280 | 291,696 | |
Revenue, Series C, Rfdg | 5.000 | 12/01/24 | 610 | 713,968 | |
Revenue, Series C, Rfdg | 5.000 | 12/01/29 | 500 | 582,655 | |
2,736,343 | |||||
Texas 7.8% | |||||
Bexar County Health Facilities Development Corp., Revenue, Army Retirement Residence Foundation, Rfdg | 5.000 | 07/15/24 | 500 | 537,855 | |
Central Texas Regional Mobility Authority, | |||||
Revenue, Senior Lien, Series A, Rfdg | 5.000 | 01/01/23 | 610 | 667,126 | |
Revenue, Sub. Lien, Rfdg | 5.000 | 01/01/21 | 180 | 180,000 | |
Revenue, Sub-Series F, Bond Anticipation Notes | 5.000 | 01/01/25 | 625 | 716,756 | |
City of Houston Airport System, | |||||
Revenue, Sub. Lien, Series A, AMT, Rfdg, (Pre-refunded Date 07/01/22)(ee) | 5.000 | 07/01/32 | 1,000 | 1,068,490 | |
Revenue, Sub-Series A, AMT, Rfdg | 5.000 | 07/01/25 | 1,000 | 1,183,170 | |
Clifton Higher Education Finance Corp., | |||||
Revenue, Idea Public Schools | 3.750 | 08/15/22 | 180 | 185,153 | |
Revenue, Idea Public Schools, (Pre-refunded Date 08/15/21)(ee) | 5.500 | 08/15/31 | 410 | 423,325 | |
Revenue, Idea Public Schools, Series B | 4.000 | 08/15/23 | 610 | 653,987 | |
Revenue, Idea Public Schools, Series B | 5.000 | 08/15/25 | 210 | 244,986 | |
Decatur Hospital Authority, | |||||
Revenue, Wise Regional Health Systems, Series A, Rfdg | 5.000 | 09/01/22 | 150 | 159,318 | |
Revenue, Wise Regional Health Systems, Series A, Rfdg | 5.000 | 09/01/23 | 150 | 164,712 | |
Gulf Coast Authority, | |||||
Revenue, ExxonMobil Project, FRDD | 0.120(cc) | 12/01/25 | 1,040 | 1,040,000 | |
Revenue, ExxonMobil Project, FRDD | 0.130(cc) | 06/01/30 | 300 | 300,000 |
14
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Texas (cont’d.) | |||||
Gulf Coast Authority, (cont’d.) | |||||
Revenue, ExxonMobil Project, Series B, FRDD | 0.130 %(cc) | 06/01/25 | 230 | $230,000 | |
Harris County Toll Road Authority, Revenue, First Lien, Rfdg(hh) | 5.000 | 08/15/28 | 1,250 | 1,655,213 | |
Houston Higher Education Finance Corp., Revenue, Cosmos Foundation, Series A | 4.000 | 02/15/22 | 35 | 35,551 | |
Kerrville Health Facilities Development Corp., Revenue, Peterson Regional Medical Center Project, Rfdg | 5.000 | 08/15/22 | 485 | 516,588 | |
Lower Neches Valley Authority Industrial Development Corp., | |||||
Revenue, ExxonMobil Project, FRDD | 0.070(cc) | 11/01/38 | 140 | 140,000 | |
Revenue, ExxonMobil Project, Series A, Rfdg, FRDD | 0.100(cc) | 11/01/29 | 795 | 795,000 | |
Revenue, ExxonMobil Project, Series B, Rfdg, FRDD | 0.130(cc) | 11/01/29 | 350 | 350,000 | |
New Hope Cultural Education Facilities Finance Corp., Revenue, Tarelton State University Student Housing Project, Series A (Escrowed to Maturity Date 04/01/21)(ee) | 4.000 | 04/01/21 | 300 | 302,568 | |
North Texas Tollway Authority, | |||||
Revenue, First Tier, Series B, Rfdg | 5.000 | 01/01/25 | 600 | 708,714 | |
Revenue, Second Tier, Series A, Rfdg | 5.000 | 01/01/21 | 100 | 100,000 | |
Revenue, Second Tier, Series B, Rfdg | 5.000 | 01/01/26 | 450 | 491,135 | |
Revenue, Second Tier, Series B, Rfdg | 5.000 | 01/01/28 | 250 | 303,448 | |
Revenue, Series A, Rfdg | 5.000 | 01/01/26 | 715 | 812,948 | |
State of Texas, Revenue, Transportation | 4.000 | 08/26/21 | 1,725 | 1,768,246 | |
Tarrant County Cultural Education Facilities Finance Corp., | |||||
Revenue, Texas Health Resource System, Series A, Rfdg | 5.000 | 02/15/26 | 315 | 385,336 | |
Revenue, Trinity Terrace Project, Series A-1, Rfdg | 5.000 | 10/01/29 | 630 | 694,518 | |
Texas Municipal Gas Acquisition & Supply Corp. I, Revenue, Senior Lien, Series D | 6.250 | 12/15/26 | 830 | 994,282 | |
17,808,425 | |||||
Utah 3.0% | |||||
County of Utah, Revenue, IHC Health Services, Inc., Series B, (Mandatory Put Date 08/01/26) | 5.000 | 05/15/60 | 3,015 | 3,754,308 | |
Salt Lake City Corp. Airport, | |||||
Revenue, Series A, AMT | 5.000 | 07/01/22 | 360 | 383,098 |
15
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Utah (cont’d.) | |||||
Salt Lake City Corp. Airport, (cont’d.) | |||||
Revenue, Series A, AMT | 5.000 % | 07/01/23 | 500 | $552,955 | |
Revenue, Series A, AMT | 5.000 | 07/01/26 | 1,085 | 1,320,901 | |
Revenue, Series A, AMT | 5.000 | 07/01/28 | 250 | 310,025 | |
Revenue, Series A, AMT | 5.000 | 07/01/28 | 500 | 637,485 | |
6,958,772 | |||||
Virginia 0.7% | |||||
Virginia Small Business Financing Authority, | |||||
Revenue, 95 Express Lanes LLC Project, AMT | 5.000 | 01/01/44 | 1,000 | 1,031,250 | |
Revenue, Elizabeth River, Senior Lien | 4.250 | 07/01/22 | 225 | 236,484 | |
Wise County Industrial Development Authority, Revenue, Virginia Electric & Power Co., Series A, (Mandatory Put Date 05/31/24) | 1.200 | 11/01/40 | 250 | 255,350 | |
1,523,084 | |||||
Washington 1.8% | |||||
Port of Seattle, Revenue, Intermediate Lien, AMT | 5.000 | 04/01/29 | 1,000 | 1,297,670 | |
University of Washington, Revenue, Forward Delivery, Series C, Rfdg(hh) | 5.000 | 04/01/26 | 1,500 | 1,849,380 | |
Washington Health Care Facilities Authority, Revenue, Providence Health & Services, Series A, Rfdg | 5.000 | 10/01/21 | 905 | 935,652 | |
4,082,702 | |||||
West Virginia 1.6% | |||||
Harrison County Commission, Revenue, Monongahela Power Co., Series A, AMT, Rfdg, (Mandatory Put Date 10/15/21) | 3.000 | 10/15/37 | 500 | 508,195 | |
West Virginia Economic Development Authority, | |||||
Revenue, Appalachian Power Co., Series A, Rfdg, (Mandatory Put Date 04/01/24) | 2.550 | 03/01/40 | 1,000 | 1,069,850 | |
Revenue, Appalachian Power Co., Series A, Rfdg, (Mandatory Put Date 12/15/25) | 0.625 | 12/01/38 | 1,500 | 1,500,045 | |
Revenue, Wheeling Power Co. Mitchell, Series A, AMT, Rfdg, (Mandatory Put Date 04/01/22) | 3.000 | 06/01/37 | 500 | 513,060 | |
3,591,150 |
16
PGIM Short Duration Muni Fund
Schedule of Investments as of December 31, 2020 (unaudited) (continued)
Description | Interest Rate | Maturity Date | Principal Amount (000)# | Value | |
Municipal Bonds (Continued) | |||||
Wisconsin 0.8% | |||||
Public Finance Authority, | |||||
Revenue, Bancroft Neurohealth Project, Series A, 144A | 5.000 % | 06/01/23 | 500 | $527,190 | |
Revenue, Trips Obligation Group, Senior Series E, Rfdg | 5.000 | 07/01/23 | 1,175 | 1,231,153 | |
1,758,343 | |||||
TOTAL INVESTMENTS 100.7% (cost $222,582,017) | 230,171,961 | ||||
Liabilities in excess of other assets (0.7)% | (1,539,164) | ||||
Net Assets 100.0% | $228,632,797 |
Below is a list of the abbreviation(s) used in the quarterly schedule of portfolio holdings: |
144A—Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and, pursuant to the requirements of Rule 144A, may not be resold except to qualified institutional buyers. | |
AGC—Assured Guaranty Corp. | |
AGM—Assured Guaranty Municipal Corp. | |
AMT—Alternative Minimum Tax | |
BAM—Build America Mutual | |
CABS—Capital Appreciation Bonds | |
FRDD—Floating Rate Daily Demand Note | |
GO—General Obligation | |
LIBOR—London Interbank Offered Rate | |
NATL—National Public Finance Guarantee Corp. | |
Rfdg—Refunding |
# | Principal amount is shown in U.S. dollars unless otherwise stated. |
(c) | Variable rate instrument. The interest rate shown reflects the rate in effect at December 31, 2020. |
(cc) | Variable rate instrument. The rate shown is based on the latest available information as of December 31, 2020. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description. |
(d) | Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post-maturity. |
(ee) | All or partial escrowed to maturity and pre-refunded issues are secured by escrowed cash, a guaranteed investment contract and /or U.S. guaranteed obligations. |
(hh) | When-issued security. |
(s) | Represents zero coupon bond or principal only security. Rate represents yield to maturity at purchase date. |
Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov).
17