PGIM Muni High Income Fund Q3 2025 Commentary
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PGIM Investments37 FollowersFollow5ShareSavePlay(6min)CommentsSummaryFor the quarter, the PGIM Muni High Income Fund Class Z returned 2.73% net of fees.For the quarter, the PGIM Muni High Income Fund Class Z returned 2.73% net of fees.The performance of tax-exempt munis has lagged most other fixed income assets year-to-date.Supply is expected to moderate through year end.Muni rates remain attractive in both absolute terms and relative to Treasuries. Natali_Mis/iStock via Getty Images Performance Recap For the quarter, the PGIM Muni High Income Fund Class Z (PHIZX) returned 2.73% net of fees and outperformed the Bloomberg Municipal Bond Index and the Bloomberg Customized Blend Index gross of fees.This article was written byPGIM Investments37 FollowersFollowPGIM Investments, a subsidiary of PFI, is an investment adviser and the investment manager to all PGIM US open-end investment companies and manager or administrator to closed-end investment companies. Note: This account is not managed or monitored by PGIM Investments, and any messages sent via Seeking Alpha will not receive a response. For inquiries or communication, please use PGIM Investments' official channels.