PDSQX Performance — PGIM Short Duration Muni Fund, Class R6
Data updated: 2026-08-26
PDSQX returned +1.65% year to date and +4.76% over one year to Jun 2026. Annualised returns are +4.02% over 3 years and +1.51% over 5 years. The fund beat its Short-Term Municipal Bond category average: $100 invested three years ago grew to $113, against $111 for the category, and to $105 over one year, against $104. Volatility over the past three years was 2.72% a year. In the 12 months to Jun 2026 the fund took in a net $106.9M, and assets reached $337.14M.
PDSQX Growth of $100
What $100 invested in PGIM Short Duration Muni Fund grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Short-Term Municipal Bond category average over the same months.
| Period | PDSQX | Category average |
|---|---|---|
| 1 year (Jul 2025 – Jun 2026) | $105 | $104 |
| 3 years (Jul 2023 – Jun 2026) | $113 | $111 |
| 5 years (Jul 2021 – Jun 2026) | $108 | $108 |
| Since data start (Jul 2019 – Jun 2026) | $114 | $113 |
PDSQX Trailing Returns
Total returns to Jun 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | +1.65% |
| 1 year | +4.76% |
| 3 years (annualised) | +4.02% |
| 5 years (annualised) | +1.51% |
PDSQX Annual Returns
Calendar-year total returns of PGIM Short Duration Muni Fund, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–Jun) | +1.65% |
| 2025 | +4.67% |
| 2024 | +2.63% |
| 2023 | +4.90% |
| 2022 | −5.92% |
| 2021 | +0.49% |
| 2020 | +2.84% |
| 2019 (Jul–Dec) | +1.92% |
PDSQX Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +0.9% | +0.9% | −1.4% | +0.6% | +0.3% | +0.5% | — | — | — | — | — | — |
| 2025 | +0.6% | +0.7% | −0.5% | −0.4% | +0.6% | +0.7% | +0.6% | +0.7% | +1.0% | +0.4% | +0.2% | +0.3% |
| 2024 | −0.1% | +0.3% | +0.1% | −0.5% | −0.1% | +1.1% | +0.8% | +0.9% | +0.6% | −0.8% | +0.8% | −0.4% |
| 2023 | +1.7% | −1.4% | +1.4% | −0.2% | −0.6% | +0.8% | +0.4% | −0.4% | −1.1% | −0.2% | +3.1% | +1.4% |
| 2022 | −2.3% | −0.5% | −2.3% | −1.7% | +1.1% | −0.4% | +1.5% | −1.4% | −2.1% | −0.3% | +2.2% | +0.3% |
| 2021 | +0.4% | −1.0% | +0.5% | +0.4% | +0.1% | +0.1% | +0.7% | −0.1% | −0.6% | −0.3% | +0.2% | +0.2% |
| 2020 | +1.4% | +0.7% | −4.6% | −1.3% | +2.5% | +1.4% | +1.4% | −0.1% | +0.3% | 0.0% | +0.8% | +0.5% |
| 2019 | — | — | — | — | — | — | +0.7% | +1.0% | −0.6% | +0.3% | +0.3% | +0.3% |
PDSQX Risk
Risk measures from monthly returns over Jul 2023 – Jun 2026.
- 3-year volatility (annualised): 2.72%
- 3-year Sharpe ratio: -0.18 (vs 4.5% risk-free rate)
- Best month: +3.06% (Nov 2023)
- Worst month: −1.39% (Mar 2026)
PDSQX Fund Flows
Monthly money in and out of PGIM Short Duration Muni Fund, from SEC Form N-PORT.
- 12-month net flow: $106.9M
- 12-month gross sales (incl. reinvestments): $201.6M
- Sales ÷ redemptions: 2.13×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| Jun 2026 | $14.2M | $6.6M | $7.5M |
| May 2026 | $13.6M | $6.7M | $6.9M |
| Apr 2026 | $35.3M | $10.2M | $25.0M |
| Mar 2026 | $24.9M | $21.5M | $3.4M |
| Feb 2026 | $14.1M | $5.6M | $8.5M |
| Jan 2026 | $22.9M | $5.1M | $17.8M |
| Dec 2025 | $18.3M | $7.3M | $11.0M |
| Nov 2025 | $11.2M | $6.9M | $4.3M |
| Oct 2025 | $13.1M | $6.6M | $6.5M |
| Sep 2025 | $14.7M | $6.5M | $8.2M |
| Aug 2025 | $9.0M | $3.5M | $5.5M |
| Jul 2025 | $10.3M | $8.0M | $2.3M |
PDSQX Assets Under Management
Net assets of PGIM Short Duration Muni Fund by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-06-30 | $337.14M |
| 2026-03-31 | $295.97M |
| 2025-12-31 | $268.34M |
| 2025-09-30 | $246.32M |
| 2025-06-30 | $227.10M |
| 2025-03-31 | $221.35M |
| 2024-12-31 | $203.11M |
| 2024-09-30 | $201.69M |
| 2024-06-28 | $203.09M |
| 2024-03-28 | $205.19M |
| 2023-12-29 | $232.17M |
| 2023-09-29 | $213.62M |
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.