PDSQX Fees and Costs — PGIM Short Duration Muni Fund, Class R6
Data updated: 2026-08-26
The net expense ratio is 0.29%: a 0.29% management fee plus 0.14% other expenses, less a 0.14% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $2K in broker commissions, 0.0008% of average net assets, and portfolio turnover was 65%.
PDSQX Fees and Expenses
Annual operating expenses and sales charges of PDSQX. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.29% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.14% |
| Net expense ratio | 0.29% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PDSQX Costs Over Time
On $10,000 invested in PDSQX, assuming 5% a year before costs, total costs come to $184 over 5 years, cutting the return by 0.31% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $101 | $184 |
| Value after costs | $10,469 | $11,476 | $12,578 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
PDSQX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0008%
- Total broker commissions: $2K
- Bought from dealers (principal trades, not a cost): $345.9M
- Portfolio turnover (prospectus): 65%
- Securities lending: none during the year
PDSQX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $1K | 68.50% |
| BOFA SECURITIES, INC. | $326 | 16.32% |
| GOLDMAN SACHS & CO. LLC | $303 | 15.17% |
PDSQX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $57.0M | 20.53% |
| BOFA SECURITIES, INC. | $51.7M | 18.61% |
| WELLS FARGO SECURITIES, LLC | $40.3M | 14.51% |
| MORGAN STANLEY & CO. LLC | $35.2M | 12.66% |
| BARCLAYS CAPITAL, INC. | $33.3M | 12.00% |
| RBC CAPITAL MARKETS, LLC | $16.0M | 5.76% |
| SIEBERT WILLIAMS SHANK & CO LLC | $12.2M | 4.40% |
| GOLDMAN SACHS & CO. LLC | $11.8M | 4.24% |
| FHN FINANCIAL SECURITIES CORP | $10.4M | 3.75% |
| PIPER SANDLER & CO. | $9.8M | 3.52% |
PGIM Short Duration Muni Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PDSQX | Class R6 | 0.29% | none |
| PDSZX | Class Z | 0.32% | none |
| PDSAX | Class A | 0.60% | 2.25% |
| PDSCX | Class C | 1.60% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.