Prudential Muni High Fund Bond Positions Weight
| PHIZX Fund | USD 9.64 0.03 0.31% |
Prudential Muni High fundamentals help investors to digest information that contributes to Prudential Muni's financial success or failures. It also enables traders to predict the movement of Prudential Mutual Fund. The fundamental analysis module provides a way to measure Prudential Muni's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Prudential Muni mutual fund.
Prudential |
Prudential Muni High Mutual Fund Bond Positions Weight Analysis
Prudential Muni's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current Prudential Muni Bond Positions Weight | 98.98 % |
Most of Prudential Muni's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Prudential Muni High is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
| Competition |
In accordance with the recently published financial statements, Prudential Muni High has a Bond Positions Weight of 98%. This is much higher than that of the PGIM Investments family and significantly higher than that of the High Yield Muni category. The bond positions weight for all United States funds is notably lower than that of the firm.
Did you try this?
Run Aroon Oscillator Now
Aroon OscillatorAnalyze current equity momentum using Aroon Oscillator and other momentum ratios |
| All Next | Launch Module |
Fund Asset Allocation for Prudential Muni
The fund consists of 98.98% investments in fixed income securities, with the rest of funds allocated in cash.Asset allocation divides Prudential Muni's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Prudential Fundamentals
| Total Asset | 269.8 M | ||||
| Annual Yield | 0 % | ||||
| Year To Date Return | 5.68 % | ||||
| One Year Return | 10.60 % | ||||
| Three Year Return | (0.04) % | ||||
| Five Year Return | 1.81 % | ||||
| Ten Year Return | 5.00 % | ||||
| Net Asset | 684.01 M | ||||
| Last Dividend Paid | 0.03 | ||||
| Cash Position Weight | 1.02 % | ||||
| Bond Positions Weight | 98.98 % |
About Prudential Muni Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Prudential Muni High's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Prudential Muni using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Prudential Muni High based on its fundamental data. In general, a quantitative approach, as applied to this mutual fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Prudential Mutual Fund
Prudential Muni financial ratios help investors to determine whether Prudential Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prudential with respect to the benefits of owning Prudential Muni security.
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sync Your Broker Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors. | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios |