Dryden Municipal Bond High-Inc Z
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: | 11.36M | | Year-to-Date Return: | -1.53% | | Yield: | 5.45% | | Morningstar Rating: |  | | Fund Inception Date: | 16-Sep-96 |
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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: | $10,000,000 | | Min Initial Investment, IRA: | $0 | | Min Initial Investment, AIP: | $50 | | Min Subsequent Investment: | $0 | | Min Subsequent Investment, IRA: | $0 | | Min Subsequent Investment, AIP: | $50 |
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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-Jul-08):
| 0.04 | | Last Cap Gain
| N/A | | Annual Holdings Turnover
| 41.00% | | Average for Category:
| 40.97% |
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| Expense | PHIZX | Category
Avg | | Total Expense Ratio: | 0.59%
| 1.15% | | Max 12b1 Fee: | 0.00%
| N/A | | Max Front End Sales Load: | 0.00%
| 4.25% | | Max Deferred Sales Load: | 0.00%
| 2.72% | | 3 Yr Expense Projection*: |
$199 | $613 | | 5 Yr Expense Projection*: |
$346 | $895 | | 10 Yr Expense Projection*: |
$774 | $1,702 |
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0.11% Nasdaq 
0.36%
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