Dryden CA Municipal CA Income C
Gateway Center Three, 4th Floor 100 Mulberry Street Newark NJ 07102
Map
Phone: 800-225-1852
| Category: | Muni California Long | | Fund Family: | JennisonDryden | | Net Assets: | 12.09M | | Year-to-Date Return: | 0.67% | | Yield: | 3.97% | | Morningstar Rating: |  | | Fund Inception Date: | 01-Aug-94 |
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Robert Tipp
Lead Manager since
31-Oct-04 | | | Tipp is managing director and Prudential Fixed Incomes chief investment strategist. Before joining Prudential Financial in 1991, he was a director in the Portfolio Strategies Group at the First Boston Corporation. Prior to that, Tipp was a senior staff analyst at the Allstate Research & Planning Center and managed a number of fixed income and equity derivative strategies at Wells Fargo Investment Advisors. Tipp holds the Chartered Financial Analyst designation. |
| Min Initial Investment: | $2,500 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $100 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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| The investment seeks to maximize current income that is exempt from California state and federal income taxes, consistent with the preservation of capital. The fund normally invests at least 80% of the assets in California obligations. It also normally invests at least 70% of assets in investment grade debt obligations, which are debt obligations rated at least BBB by Standard & Poor's Rating Group, Baa by Moody's Investors Service. It may invest up to 30% of the assets in junk bonds. |
| Last Dividend
(25-Aug-08):
| 0.03 | | Last Cap Gain
(21-Nov-07):
| 0.06 | | Annual Holdings Turnover
| 43.00% | | Average for Category:
| 29.99% |
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| Expense | PCICX | Category
Avg | | Total Expense Ratio: | 1.42%
| 1.13% | | Max 12b1 Fee: | 1.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.22% | | Max Deferred Sales Load: | 1.00%
| 2.62% | | 3 Yr Expense Projection*: |
$502 | $588 | | 5 Yr Expense Projection*: |
$884 | $844 | | 10 Yr Expense Projection*: |
$1,955 | $1,576 |
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