Dryden Municipal Bond Hi-Inc B
Gateway Center Three, 4th Floor 100 Mulberry Street Newark NJ 07102
Map
Phone: 800-225-1852
| Category: | High Yield Muni | | Fund Family: | JennisonDryden | | Net Assets: | 29.78M | | Year-to-Date Return: | 23.43% | | Yield: | 5.31% | | Morningstar Rating: |  | | Fund Inception Date: | 17-Sep-87 |
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Susan Courtney
Lead Manager since
30-Apr-05 | | | Courtney joined Prudential Financial in 2005 from GE Asset Management, where for the past 10 years she was a municipal bond portfolio manager. Prior to her career at GE, she was assistant vice president of the global power group at Fitch Investors Services, Inc., and a senior analyst in the unit investment trust department of Dean Witter Reynolds. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | NaN | | Min Initial Investment, AIP: | NaN | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks income exempt from federal income tax. The fund invests at least 80% of assets in municipal bonds. The investments permitted by this policy may include certain municipal bonds, the interest on which is subject to AMT. The adviser normally invests in municipal bonds that it believes may provide above-average yields. The fund consists primarily of municipal bonds which are rated B or better by Moody's or S&P or bonds either rated by another major rating service or unrated bonds of comparable quality. |
| Last Dividend
(18-Sep-09):
| 0.04 | | Last Cap Gain
(13-Dec-93):
| 0.01 | | Annual Holdings Turnover
| 23.00% | | Average for Category:
| 47.88% |
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| Expense | PMHYX | Category
Avg | | Total Expense Ratio: | 1.12%
| 1.12% | | Max 12b1 Fee: | 0.50%
| N/A | | Max Front End Sales Load: | %
| 4.21% | | Max Deferred Sales Load: | 5.00%
| 2.72% | | 3 Yr Expense Projection*: |
$ 656 | $589 | | 5 Yr Expense Projection*: |
$ 717 | $866 | | 10 Yr Expense Projection*: |
$ 1,281 | $1,641 |
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