Dryden National Municipals A 100 Mulberry Street Newark NJ 07102 Map
Phone: 800-225-1852
| Category: | Muni National Long | | Fund Family: | JennisonDryden | | Net Assets: | 803.45M | | Year-to-Date Return: | 16.13% | | Yield: | 4.03% | | Morningstar Rating: |  | | Fund Inception Date: | 22-Jan-90 |
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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: | $2,500 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $100 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks high level of current income exempt from federal income taxes. The fund invests normally at least 80% of assets in obligations the income from which is exempt from federal income tax, that is, municipal obligations. Its portfolio consists primarily of investment grade long-term municipal bonds which are bonds rated BBB or higher and unrated debt obligations that are comparable in quality. The fund may invest up to 15% of assets in below-investment grade or high-yield municipal debt obligations. It may invest in all types of derivatives up to 20% of net assets. |
| Last Dividend
(25-Sep-09):
| 0.05 | | Last Cap Gain
(21-Nov-07):
| 0.02 | | Annual Holdings Turnover
| YFT_NOT_APPLICABLE_ABBREVIATION | | Average for Category:
| 51.03% |
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| Expense | PRNMX | Category Avg | | Total Expense Ratio: | 0.91%
| 1.02% | | Max 12b1 Fee: | 0.30%
| N/A | | Max Front End Sales Load: | 4.00%
| 4.27% | | Max Deferred Sales Load: | %
| 2.69% | | 3 Yr Expense Projection*: |
$ 689 | $548 | | 5 Yr Expense Projection*: |
$ 905 | $794 | | 10 Yr Expense Projection*: |
$ 1,527 | $1,491 |
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