PGIM National Muni Fund (PRNMX) Alternatives

PGIM National Muni Fund (PRNMX) belongs to the Municipal Bonds category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PRNMX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.

Cheapest Alternatives to PRNMX

PRNMX charges 0.61% annually. Among mutual funds in the Municipal Bonds category, these options have the lowest expense ratios among PRNMX alternatives.

Symbol	Name	Expense Ratio	Inception
LSMSX	Western Asset SMASh Series TF Fund	0.01%	Dec 22, 2015	PRNMX vs LSMSX
NMTRX	Nuveen Municipal Total Return Managed Accounts	0.05%	May 30, 2007	PRNMX vs NMTRX
FHMIX	Federated Hermes Conservative Municipal Microshort...	0.05%	Feb 2, 2021	PRNMX vs FHMIX
FSMUX	Strategic Advisers Municipal Bond Fund	0.06%	Jun 24, 2021	PRNMX vs FSMUX
FMBIX	Fidelity Municipal Bond Index Fund	0.07%	Jul 11, 2019	PRNMX vs FMBIX

Best Risk-Adjusted Alternatives to PRNMX

Among mutual funds in the Municipal Bonds category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.

Symbol	Name	Risk / Return Rank	Inception
ATOIX	abrdn Ultra Short Municipal Income Fund	100	Dec 4, 2002	PRNMX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	99	Apr 21, 2016	PRNMX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	99	Dec 25, 2017	PRNMX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	99	Feb 2, 2021	PRNMX vs FHMIX
USMTX	JPMorgan Ultra-Short Municipal Fund	99	May 30, 2016	PRNMX vs USMTX

Top Performing PRNMX Alternatives (YTD)

PRNMX alternatives from the Municipal Bonds category, sorted by year-to-date return.

Symbol	Name	YTD Return	Inception
NMI	Nuveen Municipal Income Fund, Inc.	6.43%	Apr 20, 1998	PRNMX vs NMI
NPV	Nuveen Virginia Quality Municipal Income Fund	4.12%	Mar 18, 1993	PRNMX vs NPV
NRK	Nuveen New York AMT Free Quality Municipal Income	3.25%	Nov 21, 2002	PRNMX vs NRK
MIY	BlackRock MuniYield Michigan Quality Fund	2.55%	Oct 30, 1992	PRNMX vs MIY
NQP	Nuveen Pennsylvania Quality Municipal Income	2.31%	Feb 21, 1991	PRNMX vs NQP

Lowest Volatility Alternatives to PRNMX

PRNMX alternatives from the Municipal Bonds category, sorted by annualized volatility over the past year.

Symbol	Name	Volatility 1Y	Inception
DFSMX	DFA Short Term Municipal Bond Portfolio	0.68%	Aug 19, 2002	PRNMX vs DFSMX
USMSX	JPMorgan Ultra-Short Municipal Fund	0.69%	May 31, 2016	PRNMX vs USMSX
USMTX	JPMorgan Ultra-Short Municipal Fund	0.70%	May 30, 2016	PRNMX vs USMTX
DFABX	DFA Short-Term Selective State Municipal Bond Port...	0.71%	Apr 11, 2022	PRNMX vs DFABX
BATVX	BlackRock Allocation Target Shares	0.76%	May 20, 2021	PRNMX vs BATVX

Lowest Drawdown Alternatives to PRNMX

PRNMX alternatives from the Municipal Bonds category, sorted by maximum drawdown over the past year.

Symbol	Name	Max Drawdown 1Y	Inception
BATVX	BlackRock Allocation Target Shares	0.00%	May 20, 2021	PRNMX vs BATVX
ATOIX	abrdn Ultra Short Municipal Income Fund	-0.10%	Dec 4, 2002	PRNMX vs ATOIX
TFCYX	SEI Institutional Managed Trust Tax-Free Conservat...	-0.10%	Apr 21, 2016	PRNMX vs TFCYX
APUSX	Cavanal Hill Ultra Short Tax-Free Income Fund	-0.20%	Dec 25, 2017	PRNMX vs APUSX
FHMIX	Federated Hermes Conservative Municipal Microshort...	-0.20%	Feb 2, 2021	PRNMX vs FHMIX

Other Mutual Funds from PGIM

Most popular PGIM mutual funds on PortfoliosLab, across asset classes.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
PHYQX	PGIM High Yield Fund Class R6	High Yield Bonds	88	-1.39%	Oct 31, 2011	PRNMX vs PHYQX
PJFAX	PGIM Jennison Growth Fund	Large Cap Growth Equities	16	-14.26%	Nov 2, 1995	PRNMX vs PJFAX
PTRQX	PGIM Total Return Bond R6	Intermediate Core-Plus Bond	60	-0.59%	Dec 27, 2010	PRNMX vs PTRQX
PDBZX	PGIM Total Return Bond Fund Class Z	Intermediate Core-Plus Bond	57	-0.53%	Jan 14, 1997	PRNMX vs PDBZX
SDMZX	PGIM Short Duration Multi-Sector Bond Fund	Short-Term Bond	96	-0.26%	Dec 23, 2013	PRNMX vs SDMZX
FRFZX	PGIM Floating Rate Income Fund	Bank Loan	91	-0.61%	Mar 29, 2011	PRNMX vs FRFZX
HYSZX	PGIM Short Duration High Yield Income Fund	High Yield Bonds	89	-1.05%	Oct 26, 2012	PRNMX vs HYSZX
PBHAX	PGIM High Yield Fund	High Yield Bonds	85	-1.45%	Jan 22, 1990	PRNMX vs PBHAX
PBSMX	PGIM Short-Term Corporate Bond Fund	Short-Term Bond	92	-0.49%	Sep 1, 1989	PRNMX vs PBSMX
PWJZX	PGIM Jennison International Opportunities Fund	Foreign Large Cap Equities	4	-12.90%	Jun 4, 2012	PRNMX vs PWJZX

Often Compared With PRNMX

What investors most often compare with PRNMX, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	Inception
BBMUX	Bridge Builder Municipal Bond Fund	Municipal Bonds	58	-0.92%	Sep 13, 2015	PRNMX vs BBMUX
VTEB	Vanguard Tax-Exempt Bond ETF	Municipal Bonds	54	-0.23%	Aug 21, 2015	PRNMX vs VTEB
SPY	State Street SPDR S&P 500 ETF	S&P 500	64	-4.37%	Jan 22, 1993	PRNMX vs SPY
DMREX	DFA Municipal Real Return Portfolio	Municipal Bonds	94	1.10%	Nov 3, 2014	PRNMX vs DMREX
FXIEX	PIMCO Fixed Income SHares: Series TE	Municipal Bonds	28	-0.72%	Jun 24, 2012	PRNMX vs FXIEX
FGNSX	Strategic Advisers Tax-Sensitive Short Duration Fu...	Municipal Bonds	48	-0.10%	Dec 27, 2017	PRNMX vs FGNSX
BMN	Blackrock 2037 Municipal Target Term Trust	Municipal Bonds	27	0.14%	Oct 28, 2022	PRNMX vs BMN
DCARX	DFA California Municipal Real Return Portfolio	Municipal Bonds	94	1.09%	Oct 31, 2017	PRNMX vs DCARX
FMNDX	Fidelity Conservative Income Municipal Bond Fund I...	Municipal Bonds	99	0.30%	Oct 15, 2013	PRNMX vs FMNDX

Compare PRNMX with Any Fund or Stock

Compare PRNMX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

Symbol name

PGIM National Muni Fund

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