PGIM Short Duration Muni Fund Q4 2025 Commentary

AI Briefing

• – PGIM Short Duration Muni Fund Class Z outperformed its benchmark by 0.80% net of fees in Q4 2025.
• – The fund's 0.80% return surpassed its benchmark, the Bloomberg 1-8 Year Municipal Index, gross of fees.
• – The Q4 2025 results demonstrate the fund's ability to navigate market fluctuations and deliver consistent returns.