Dryden National Municipals A
100 Mulberry Street Newark NJ 07102
Map
Phone: 800-225-1852
| Category: | Muni National Long | | Fund Family: | JennisonDryden | | Net Assets: | 643.28M | | Year-to-Date Return: | 0.50% | | Yield: | 4.12% | | Morningstar Rating: |  | | Fund Inception Date: | 22-Jan-90 |
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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: | $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-Aug-08):
| 0.05 | | Last Cap Gain
(21-Nov-07):
| 0.02 | | Annual Holdings Turnover
| 24.00% | | Average for Category:
| 45.90% |
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| Expense | PRNMX | Category
Avg | | Total Expense Ratio: | 0.83%
| 1.09% | | Max 12b1 Fee: | 0.30%
| N/A | | Max Front End Sales Load: | 4.00%
| 4.35% | | Max Deferred Sales Load: | 0.00%
| 2.66% | | 3 Yr Expense Projection*: |
$704 | $555 | | 5 Yr Expense Projection*: |
$931 | $801 | | 10 Yr Expense Projection*: |
$1,582 | $1,497 |
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1.49% Nasdaq 
0.27%
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