FRFAX Mutual Fund

FRFAX Mutual Fund

NAV$8.93
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Fund Essentials - as of Nov 28, 2025

Net Assets
$215M
Expense Ratio
1.01%
Dividend Yield (Current)
5.91%
Holdings
460
Inception Date
Mar 30, 2011
Fund Family
PGIM Investments
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Monthly
SEC 30-Day Yield
PRO

Performance

YTD+3.08%
1 Year+4.36%
3 Year+7.31%
5 Year+5.44%
10 Year+4.87%

Asset Allocation

Stocks: 0.42%
Bonds: 93.14%
Cash: 0.61%
Other: 5.83%
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Top Holdings

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TickerNameWeight
BNS V7.35 04/27/85Bank Nova Scoti 7.35 4/851.41%
BPYU L 05/28/30 5Brookfield Properties Retail Holding Llc 7.6655 2030-05-281.31%
JPM V0 PERP IIJpmorgan Chase And Co 4/Var Perp1.01%
TD V7.25 07/31/84Toronto Dominion Bank Jr Subordina 07/84 Var 7.25% 2084-07-310.88%
-Rad Clo 19 Ltd 6.28% 03/20/20380.88%
Top 10 Concentration: 9.57%Report Date: Nov 28, 2025
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Dividend Summary

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Dividend Yield (Current)
5.91%
Frequency
Monthly
Latest Distribution
$0.03
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO

FRFAX Mutual Fund Overview

FRFAX Mutual Fund (PGIM Floating Rate Income Fund Class A) is managed by PGIM Investments with $215.1M in net assets. FRFAX expense ratio is 1.01%, holding 460 positions across sectors including Financials, Industrials, Consumer Discretionary. Inception date: 2011-03-30.

FRFAX performance shows a YTD return of 3.08%. The 1-year return is 4.36% and the 5-year return is 5.44%. FRFAX dividend yield stands at 5.91%, paid monthly.

FRFAX top holdings include Bank Nova Scoti 7.35 4/85 (1.4%), Brookfield Properties Retail Holding Llc 7.6655 2030-05-28 (1.3%), Jpmorgan Chase And Co 4/Var Perp (1.0%), Toronto Dominion Bank Jr Subordina 07/84 Var 7.25% 2084-07-31 (0.9%), Rad Clo 19 Ltd 6.28% 03/20/2038 (0.9%). Go to all FRFAX holdings, FRFAX sectors, or FRFAX dividends.

FRFAX can be compared against other funds. Use FRFAX overlap to find shared positions, or FRFAX vs another fund for a side-by-side view. FRFAX alternatives are available via the screener, along with tax-loss harvesting opportunities.