0000940400-25-005890.txt : 20251113 0000940400-25-005890.hdr.sgml : 20251113 20251113135751 ACCESSION NUMBER: 0000940400-25-005890 CONFORMED SUBMISSION TYPE: N-CEN PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20250831 FILED AS OF DATE: 20251113 DATE AS OF CHANGE: 20251113 EFFECTIVENESS DATE: 20251113 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PRUDENTIAL NATIONAL MUNI FUND, INC. CENTRAL INDEX KEY: 0000314612 ORGANIZATION NAME: EIN: 133021492 STATE OF INCORPORATION: MD FISCAL YEAR END: 0831 FILING VALUES: FORM TYPE: N-CEN SEC ACT: 1940 Act SEC FILE NUMBER: 811-02992 FILM NUMBER: 251477234 BUSINESS ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 6TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 BUSINESS PHONE: (973) 802-5032 MAIL ADDRESS: STREET 1: 655 BROAD STREET STREET 2: 6TH FLOOR CITY: NEWARK STATE: NJ ZIP: 07102 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL NATIONAL MUNI FUND INC DATE OF NAME CHANGE: 20100216 FORMER COMPANY: FORMER CONFORMED NAME: DRYDEN NATIONAL MUNICIPALS FUND INC DATE OF NAME CHANGE: 20030825 FORMER COMPANY: FORMER CONFORMED NAME: PRUDENTIAL NATIONAL MUNICIPALS FUND INC DATE OF NAME CHANGE: 19931022 0000314612 S000004518 PGIM NATIONAL MUNI FUND C000012413 Class Z DNMZX C000012414 Class A PRNMX C000012416 Class C PNMCX C000195885 Class R6 PNMQX N-CEN 1 primary_doc.xml X0505 N-CEN LIVE 0000314612 XXXXXXXX 811-02992 false false N-1A S000004518 C000195885 C000012413 C000012416 C000012414 Prudential National Muni Fund, Inc. 811-02992 0000314612 438AB8ZYK8OAMF4DNX15 655 Broad Street Newark 07102-4077 US-NJ US 1-800-225-1852 The Bank of New York Mellon 240 Greenwich Street New York 10286 212-495-1784 Records related to its functions as custodian. PGIM, Inc. 655 BROAD STREET NEWARK 07102-4077 973-802-6000 Records related to its functions as sub advisor. Prudential National Muni Fund, Inc. 655 BROAD STREET NEWARK 07102-4077 1-800-225-1852 Records related to its functions as registrant. PGIM INVESTMENTS LLC 655 Broad Street Newark 07102-4077 1-800-225-1852 Records related to function as advisor. N N N-1A 1 Y Keith F. Hartstein N/A N Ellen S. Alberding N/A N Laurie Simon Hodrick N/A N Linda W. Bynoe N/A N Kevin J. Bannon N/A N Grace C. Torres N/A N Brian K. Reid N/A N Scott E. Benjamin 004385999 Y Stuart S. Parker 001767335 Y Barry H. Evans N/A N Dino Capasso N/A c/o PGIM Investments LLC 655 Broad Street Newark 07102-4077 XXXXXX N N N N N N PRUDENTIAL INVESTMENT MANAGEMENT SERVICES LLC 008-36540 000018353 N/A Y N PricewaterhouseCoopers LLP 238 5493002GVO7EO8RNNS37 N N N N N N N PGIM National Muni Fund S000004518 549300E5UZ5OT18FCP58 N 6 0 0 N/A N N Y N Goldman Sachs Bank USA KD3XUN7C6T14HNAYLU02 N N Cash collateral reinvestment fee Revenue sharing split N/A N/A Rule 22d-1 (17 CFR 270.22d-1) Rule 18f-4 (17 CFR 270.18f-4) Rule 12d1-4 (17 CFR 270.12d1-4) Rule 18f-4(f)(17 CFR 270.18f-4(f)) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N PGIM INVESTMENTS LLC 801-31104 000105670 549300FF2KD1XH54I851 N PGIM, INC. 801-22808 000105676 5493009SX8QJBZYIGB87 Y N Prudential Mutual Fund Services LLC 084-05681 N/A Y N BNY Mellon Investment Servicing (US) Inc. 084-01761 549300CFZQLI9QMJ1Z03 N Y N Bloomberg Finance L.P. 5493001KJTIIGC8Y1R12 N S&P Global Market Intelligence Y6X4K52KMJMZE7I7MY94 N Intercontinental Exchange, Inc. 5493000F4ZO33MV32P92 N LSEG US FIN CORP. 2138007FV67QQ13CGJ43 N N The Bank of New York Mellon (United Kingdom) HPFHU0OQ28E4N0NFVK49 GB N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Bank of New York Mellon, SA/NV (Italy) MMYX0N4ZEZ13Z4XCG897 IT N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Bank of New York Mellon SA/NV (Belgium) MMYX0N4ZEZ13Z4XCG897 BE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) The Bank of New York Mellon HPFHU0OQ28E4N0NFVK49 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) The Bank of New York Mellon SA/NV, Asset Servicing, Niederlassung Frankfurt am Main 5299008ORSGF0TGLSC98 DE N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) EUROCLEAR BANK SA/NV 549300OZ46BRLZ8Y6F65 BE N Y Foreign securities depository - rule 17f-7 (17 CFR 270.17f-7) The Bank of New York Mellon, SA/NV (France) MMYX0N4ZEZ13Z4XCG897 FR N Y Foreign custodian - rule 17f-5 (17 CFR 270.17f-5) N Prudential Mutual Fund Services LLC 084-05681 Y N N PGIM INVESTMENTS LLC 549300FF2KD1XH54I851 Y N N PRUCO SECURITIES LLC 008-16402 000005685 N/A 0.00000000 Prudential Annuities Distributors, Inc. 008-39058 000021570 N/A 0.00000000 Prudential Investment Management Services LLC 008-36540 000018353 N/A 0.00000000 J.P. 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LLC 008-15869 000008209 9R7GPTSO7KV3UQJZQ078 123417114.00000000 WELLS FARGO SECURITIES, LLC 008-65876 000126292 VYVVCKR63DVZZN70PB21 158594208.00000000 1216537982.00000000 N 1057928560.00000000 Committed 1200000000.00000000 N N N N false false true false false false INTERNAL CONTROL RPT 2 pru-nationalmunifd.htm Converted from PDF

Report of Independent Registered Public Accounting Firm

To the Board of Directors of Prudential National Muni Fund, Inc. and Shareholders of PGIM National Muni Fund

In planning and performing our audit of the financial statements of PGIM National Muni Fund (the "Fund") as of and for the year ended August 31, 2025, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), we considered the Fund’s internal control over financial reporting, including controls over safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Fund’s internal control over financial reporting. Accordingly, we do not express an opinion on the effectiveness of the Fund’s internal control over financial reporting.

The management of the Fund is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.

Our consideration of the Fund’s internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control over financial reporting that might be material weaknesses under standards established by the PCAOB. However, we noted no deficiencies in the Fund’s internal control over financial reporting and its operation, including controls over safeguarding securities, that we consider to be material weaknesses as defined above as of August 31, 2025.

This report is intended solely for the information and use of the Board of Directors of Prudential National Muni Fund, Inc. and the Securities and Exchange Commission and is not intended to be and should not be used by anyone other than these specified parties.


/s/PricewaterhouseCoopers LLP
New York, New York
October 20, 2025

PricewaterhouseCoopers LLP, PricewaterhouseCoopers Center, 300 Madison Avenue, New York, NY 10017 T: (646) 471 3000, www.pwc.com