N-Q 1 d446917dnq.htm PRUDENTIAL INVESTMENT PORTFOLIOS 6 Prudential Investment Portfolios 6

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANIES

 

Investment Company Act file number:   811-04024
Exact name of registrant as specified in charter:   Prudential Investment Portfolios 6
Address of principal executive offices:   655 Broad Street, 17th Floor,
    Newark, New Jersey 07102
Name and address of agent for service:   Deborah A. Docs
    655 Broad Street, 17th Floor,
    Newark, New Jersey 07102
Registrant’s telephone number, including area code:   800-225-1852
Date of fiscal year end:   8/31/2018
Date of reporting period:   11/30/2017


Item 1. Schedule of Investments

 


Prudential California Muni Income Fund

Schedule of Investments

as of November 30, 2017 (unaudited)

 

     Interest
Rate
   Maturity
Date
     Principal
Amount (000)#
     Value  

LONG-TERM INVESTMENTS — 99.8%

           

MUNICIPAL BONDS

           

Abag Fin. Auth. For Nonprofit Corp. Rev., Episcopal Senior Communities, Rfdg.

   6.125%      07/01/41        475      $ 529,046  

Abag Fin. Auth. For Nonprofit Corp. Rev., Sharp Healthcare

   6.250%      08/01/39        1,000            1,081,390  

Abag Fin. Auth. For Nonprofit Corp. Rev., Sharp Healthcare, Ser. A

   5.000%      08/01/43        2,000        2,236,980  

Alameda Corridor Trans. Auth. Rev., Sub. Lien, Ser. B, Rfdg.

   5.000%      10/01/34        1,790        2,049,264  

Alameda Corridor Trans. Auth. Rev., Sub. Lien, Ser. B, Rfdg.

   5.000%      10/01/35        500        570,350  

Anaheim Calif. Pub. Fin. Auth. Rev., Ser. A, Rfdg.

   5.000%      05/01/39        1,000        1,143,980  

Bay Area Toll Auth. Rev., Ser. F-1

   5.000%      04/01/56        1,000        1,146,700  

Bay Area Toll Auth. Rev., Ser. F-1, Rfdg.

   5.000%      04/01/54        1,000        1,127,910  

California Cnty. Tob. Secur. Agy. Rev., Asset-Bkd.

   5.450%      06/01/28        500        508,440  

California Cnty. Tob. Secur. Agy. Rev., Tob. Conv. Bonds, LA Cnty. Ser. B (Converted to Fixed on 12/01/10)

   5.250%      06/01/21        1,380        1,404,012  

California Cnty. Tob. Secur. Agy. Rev., Tob. Conv. Bonds, Ser. B (Converted to Fixed on 12/01/08)

   5.100%      06/01/28        1,035        1,035,259  

California Edl. Facs. Auth. Rev., Chapman University, Ser. B

   4.000%      04/01/47        1,000        1,056,580  

California Edl. Facs. Auth. Rev., Loyola Marymount Univ., Ser. A

   5.125%      10/01/40        1,000        1,054,040  

California Edl. Facs. Auth. Rev., Pepperdine Univ., Rfdg.

   5.000%      10/01/49        2,000        2,326,260  

California Hlth. Facs. Fing. Auth. Rev., Cedars Sinai Med. Ctr., Rfdg.

   5.000%      11/15/33        1,000        1,189,480  

California Hlth. Facs. Fing. Auth. Rev., Episcopal Home, Ser. B, Rfdg. (Pre-refunded date 02/01/20)(ee)

   6.000%      02/01/32        1,000        1,094,750  

California Hlth. Facs. Fing. Auth. Rev., Kaiser Permanente, Sub., Ser. A-1G

   5.000%      11/01/27        1,000        1,244,010  

California Hlth. Facs. Fing. Auth. Rev., Kaiser Permanente, Sub., Ser. A-2

   4.000%      11/01/44        2,250        2,361,352  

California Hlth. Facs. Fing. Auth. Rev., Lucile Salter Packard Children’s Hosp., Ser A

   4.000%      11/15/47        750        783,825  

California Hlth. Facs. Fing. Auth. Rev., Lucile Salter Packard Children’s Hosp., Ser A

   5.000%      11/15/56        1,500        1,721,565  

California Hlth. Facs. Fing. Auth. Rev., Lucile Salter Packard Children’s Hosp., Ser. A

   5.000%      08/15/43        1,000        1,118,770  

California Hlth. Facs. Fing. Auth. Rev., Providence Hlth., Ser. B

   5.500%      10/01/39        1,500        1,610,115  

California Hlth. Facs. Fing. Auth. Rev., Providence Hlth., Ser. C (Pre-refunded date 10/01/18)(ee)

   6.500%      10/01/38        20        20,867  

California Hlth. Facs. Fing. Auth. Rev., Scripps Hlth.,
Ser. A

   5.000%      11/15/40        1,000        1,122,210  

California Hlth. Facs. Fing. Auth. Rev., Scripps Hlth.,
Ser. A, Rfdg

   5.000%      11/15/36        1,200        1,288,824  

California Hlth. Facs. Fing. Auth. Rev., St. Joseph Hlth. Sys., Ser. A

   5.750%      07/01/39        1,000        1,069,060  

California Hlth. Facs. Fing. Auth. Rev., Stanford Healthcare, Ser. A

   5.000%      08/15/54        1,000        1,123,470  

California Hlth. Facs. Fing. Auth. Rev., Stanford Hosp., Ser. A-3, Rfdg.

   5.500%      11/15/40        500        576,580  

California Hlth. Facs. Fing. Auth. Rev., Sutter Hlth.,
Ser A, Rfdg.

   5.000%      11/15/38        1,000        1,166,210  

California Hlth. Facs. Fing. Auth. Rev., Sutter Hlth.,
Ser. A, Rfdg.

   5.000%      08/15/43        1,500        1,722,540  

California Hlth. Facs. Fing. Auth. Rev., Sutter Hlth.,
Ser. D, Rfdg.

   5.250%      08/15/31        1,000        1,123,990  


California Muni. Fin. Auth. Ed. Rev., Amern. Heritage Ed., Ser. A, Rfdg.

   4.000%      06/01/26        500        545,855  

California Muni. Fin. Auth. Ed. Rev., Amern. Heritage Ed., Ser. A, Rfdg.

   5.000%      06/01/46        500        547,375  

California Poll. Ctrl. Fing. Auth. Wtr. Facs. Rev., Amern. Wtr. Cap. Corp. Proj., 144A

   5.250%      08/01/40        1,250        1,351,250  

California Poll. Ctrl. Fing. Auth. Wtr. Facs. Rev., Green Bond-Calplant I Proj., AMT, 144A

   7.000%      07/01/22        250        266,113  

California Poll. Ctrl. Fing. Auth. Wtr. Facs. Rev., Green Bond-Calplant I Proj., AMT, 144A

   8.000%      07/01/39        250        281,343  

California Sch. Fin. Auth. Chrt. Sch. Rev., Alliance CLG-Ready Pub. Schs., 144A

   5.000%      07/01/51        620        672,805  

California Sch. Fin. Auth. Rev., Alliance CLG-Ready Pub. Schs.,
Ser. A, 144A

   4.000%      07/01/26        300        325,053  

California Sch. Fin. Auth. Rev., Alliance CLG-Ready Pub. Schs.,
Ser. A, 144A

   5.000%      07/01/45        1,000        1,092,770  

California Sch. Fin. Auth. Rev., Aspire Pub. Schs.,
Ser. A, Rfdg., 144A

   5.000%      08/01/46        1,000        1,085,960  

California Sch. Fin. Auth. Rev., Green Dot Pub. Sch. Proj.,
Ser. A, 144A

   5.000%      08/01/45        610        656,116  

California Sch. Fin. Auth. Rev., Kipp. LA. Proj., Ser A, 144A

   5.000%      07/01/47        500        559,695  

California Sch. Fin. Auth. Rev., Summit Pub. Schs., 144A

   5.000%      06/01/47        1,000        1,114,270  

California Sch. Fin. Auth. Sch. Facs. Rev., Kipp. LA. Proj., Ser A, 144A

   5.000%      07/01/45        1,000        1,130,200  

California Sch. Fin. Auth. Sch. Rev., Aspire Pub. Schs., Ser. A, Rfdg., 144A

   5.000%      08/01/40        2,000        2,191,680  

California St., GO

   4.000%      11/01/47        1,500        1,591,995  

California St., GO

   5.000%      03/01/45        2,000        2,303,500  

California St., GO

   5.000%      08/01/45        1,500        1,739,445  

California St., GO

   5.000%      08/01/46        1,500        1,752,120  

California St., GO

   5.250%      11/01/40        750        824,108  

California St., Unrefunded Balance, GO

   5.500%      04/01/30        5        5,015  

California St., Var. Purp., GO

   5.000%      10/01/29        1,500        1,588,545  

California St., Var. Purp., GO

   5.000%      09/01/41        5,000        5,530,400  

California St., Var. Purp., GO

   5.000%      10/01/41        1,250        1,385,450  

California St., Var. Purp., GO

   5.250%      04/01/35        1,250        1,423,050  

California St., Var. Purp., GO

   5.500%      11/01/39        1,000        1,075,160  

California St., Var. Purp., GO

   5.500%      03/01/40        2,000        2,164,560  

California St., Var. Purp., GO

   6.000%      03/01/33        2,750        3,021,727  

California St., Var. Purp., GO

   6.000%      04/01/38        3,000        3,174,750  

California St., Var. Purp., GO

   6.000%      11/01/39        1,500        1,624,125  

California St. Pub. Wks. Brd. Lease Rev., Judicial Council Projs., Ser. D

   5.000%      12/01/31        1,000        1,108,460  

California St. Pub. Wks. Brd. Lease Rev., Var. Cap. Proj.,
Ser. C, Rfdg.

   5.000%      11/01/34        1,300        1,518,491  

California St. Univ. Rev., Ser. A, Systemwide

   5.000%      11/01/37        1,250        1,384,812  

California Statewide Cmntys. Dev. Auth. Rev., Front Porch Communities & Services, Rfdg.

   4.000%      04/01/42        1,000        1,033,010  

California Statewide Cmntys. Dev. Auth. Rev., 899 Charleston Proj., Ser. A, Rfdg., 144A

   5.250%      11/01/44        250        266,208  

California Statewide Cmntys. Dev. Auth. Rev., Aspire Pub. Schs., Sch. Fac. Rev. (Pre-Refunded date 01/01/19)(ee)

   6.000%      07/01/30        1,000        1,047,240  

California Statewide Cmntys. Dev. Auth. Rev., Cottage Hlth.

   5.000%      11/01/40        1,000        1,065,050  

California Statewide Cmntys. Dev. Auth. Rev., Loma Linda Univ. Med. Ctr., Ser. A, 144A

   5.000%      12/01/27        1,000        1,132,120  

California Statewide Cmntys. Dev. Auth. Rev., Loma Linda Univ. Med. Ctr., Ser. A

   5.250%      12/01/44        1,000            1,093,430  


California Statewide Cmntys. Dev. Auth. Rev., Loma Linda Univ. Med. Ctr., Ser. A, 144A

   5.250%      12/01/56        1,000        1,088,270  

California Statewide Cmntys. Dev. Auth. Rev., Polytechnic Sch.

   5.000%      12/01/34        2,000        2,123,440  

California Statewide Cmntys. Dev. Auth. Rev., Presbyterian Homes, 144A

   7.250%      11/15/41        500        546,655  

California Statewide Cmntys. Dev. Auth. Rev., Spl. Tax No. 97-1, CABS

   5.930%(t)      09/01/22        1,335        1,011,436  

California Statewide Cmntys. Dev. Auth. Rev., Sutter Hlth., Ser. A

   6.000%      08/15/42        2,000        2,243,200  

Chula Vista Calif. Indl. Dev. Rev., San Diego Gas-D-Rmkt.

   5.875%      01/01/34        1,000        1,063,530  

Chula Vista Muni. Fing. Auth. Spl. Tax, Rfdg.

   5.000%      09/01/21        500        547,930  

City of La Verne CA, Brethren Hillcrest Homes, COP, Rfdg.

   5.000%      05/15/36        1,250        1,319,812  

Coronado Cmnty. Dev. Agy. Tax Alloc., Dev. Proj., AMBAC

   5.000%      09/01/24        2,000        2,005,780  

Fontana Spl. Tax, Cmnty. Facs. Dist. #22 Sierra Hills, Rfdg.

   5.000%      09/01/34        500        549,390  

Foothill-De Anza Cmnty. College Dist., Ser. C, GO (Pre-refunded date 08/01/21)(ee)

   5.000%      08/01/40        1,250        1,401,350  

Foothill-Eastern Trans. Rev., Ser. B-1

   3.950%      01/15/53        1,000        1,001,550  

Golden St. Tob. Secur. Corp. Rev., Asset-Bkd., Ser. A-1, Rfdg.

   5.125%      06/01/47        1,135        1,134,989  

Golden St. Tob. Secur. Corp. Rev., Ser. A, Conv., CABS, AMBAC (Converted to Fixed on 06/01/10)

   4.600%      06/01/23        3,000        3,050,790  

Golden St. Tob. Secur. Corp. Rev., Ser. A-1, Rfdg.

   5.000%      06/01/27        150        178,026  

Golden St. Tob. Secur. Corp. Rev., Ser. A-1, Rfdg.

   5.000%      06/01/28        1,215        1,426,483  

Golden St. Tob. Secur. Corp. Rev., Ser. A-1, Rfdg.

   5.000%      06/01/29        1,250        1,457,412  

Golden St. Tob. Secur. Corp. Rev., Unrefunded Asset-Bkd., Ser. A-1

   5.750%      06/01/47        1,240        1,249,288  

Guam Gov’t. Wtrwrks. Auth. Rev., Ser. A, Rfdg.

   5.000%      07/01/35        500        540,155  

Guam Intl. Arpt. Auth. Rev., Ser. C, AMT

   6.375%      10/01/43        500        566,580  

Inland Vly. Dev. Agy., Tax Alloc., Ser. A, Rfdg.

   5.000%      09/01/44        500        547,570  

Irvine Unified Sch. Dist., Spl. Tax, Ser. B

   5.000%      09/01/51        1,000        1,112,390  

Jurupa Pub. Fing. Auth., Ser. A, Rfdg.

   5.000%      09/01/42        1,250        1,410,462  

La Mesa-Spring Vly. Sch. Dist., GO, Election of 2002, Ser. B, CABS, NATL

   2.280%(t)      08/01/23        2,000        1,759,220  

Lincoln Calif. Pub. Fing. Auth. Spl. Assessment, Twelve Bridges Sub. Dist., Ser. B

   6.000%      09/02/27        1,000        1,108,820  

Long Beach Bond Fin. Auth. Nat. Gas Pur. Rev., Ser. A

   5.000%      11/15/35        2,440        2,917,410  

Long Beach Bond Fin. Auth. Nat. Gas Pur. Rev., Ser. A

   5.250%      11/15/19        580        618,002  

Long Beach Bond Fin. Auth. Nat. Gas Pur. Rev., Ser. A

   5.500%      11/15/30        1,375        1,694,880  

Long Beach Bond Fin. Auth. Nat. Gas Pur. Rev., Ser. A

   5.500%      11/15/32        440        546,982  

Long Beach Bond Fin. Auth. Nat. Gas Pur. Rev., Ser. A

   5.500%      11/15/37        1,315        1,672,719  

Long Beach Hbr. Rev., Ser. A, AMT, NATL, Rfdg.

   6.000%      05/15/19        3,000        3,185,400  

Los Angelas Calif. Dept. Arpts. Rev., Ser. A, AMT

   5.000%      05/15/47        1,000        1,158,990  

Los Angeles Calif. Cmnty. College Dist., Election of 2008, Ser. A, GO (Pre-refunded date 08/01/19)(ee)

   6.000%      08/01/33        2,000        2,148,180  

Los Angeles Calif. Dept. Arpts. Rev., Ser. A

   5.000%      05/15/34        1,000        1,049,180  

Los Angeles Calif. Dept. Arpts. Rev., Ser. A, AMT

   5.000%      05/15/38        2,500        2,786,750  

Los Angeles Calif. Dept. Arpts. Rev., Ser. B, AMT

   5.000%      05/15/46        1,000        1,145,030  

Los Angeles Calif. Dept. Arpts. Rev., Ser. C, Rfdg.

   5.000%      05/15/38        1,000        1,152,750  

Los Angeles Cnty. Regional Fing. Auth. Rev., Montecedro, Inc. Proj., Ser. A

   5.000%      11/15/44        1,250        1,402,600  

Los Angeles Dept. of Wtr. & Pwr. Rev., Pwr. Sys., Ser. A

   5.000%      07/01/39        1,000        1,036,410  

Los Angeles Dept. of Wtr. Rev., Wtr. Sys., Ser. A

   5.375%      07/01/38        1,530        1,593,480  

Los Angeles Dept. of Wtr. Rev., Wtr. Sys., Ser. B

   5.000%      07/01/34        2,500        2,859,700  

M-S-R Energy Auth. Calif. Rev., Ser. A

   6.500%      11/01/39        1,000            1,415,880  


Metro. Wtr. Dist. of Southern Calif. Wtrwks. Rev., Linked, SAVRS, RIBS

   5.750%     08/10/18        700        719,285  

Metro. Wtr. Dist. of Southern Calif. Wtrwks. Rev., Unrefunded Balance, Ser. A

   5.750%     07/01/21        1,940        2,117,452  

Northern Calif. Transmission Agy. Rev., Calif.- Oregon Proj., Ser. A, Rfdg.

   5.000%     05/01/39        750        867,360  

Orange Cnty. Cmnty. Facs. Dist. Spl. Tax, No. 2015-1 Esencia Vlg., Ser. A

   5.250%     08/15/45        1,500        1,686,465  

Orange Cnty. Trans. Auth. Rev., Express Lane Sr. Lien 91, Rfdg.

   5.000%     08/15/29        1,000        1,159,000  

Palomar Health Rev., Rfdg.

   5.000%     11/01/39        1,500        1,654,935  

Palomar Pomerado Healthcare Dist. Calif., COP

   6.000%     11/01/41        1,200        1,288,416  

Pittsburg Redev. Agy. Tax Alloc. Rev., Sub., Ser. A, Rfdg., AGM

   5.000%     09/01/29        1,750        2,051,070  

Pittsburg Success Agy. Redev. Agy. Tax Alloc., Los Medanos Cmnty. Dev. Proj., AMBAC, CABS

   3.100%(t)     08/01/26        1,375        1,053,484  

Port of Oakland Rev., Ser. O, Rfdg., AMT

   5.125%     05/01/30        1,000        1,077,420  

Port of Oakland Rev., Sr. Lien., Ser. P, Rfdg., AMT

   5.000%     05/01/33        1,750        1,949,307  

Poway Uni. Sch. Dist. Pub. Fing. Auth., Spl. Tax Ser. A, Rfdg.

   5.000%     09/01/35        1,000        1,099,480  

Puerto Rico Comnwlth. Rev., Aqueduct & Swr. Auth. Rev., Sr. Lien, Ser. A, Rfdg.

   5.750%     07/01/37        390        237,900  

Puerto Rico Comnwlth. Rev., Aqueduct & Swr. Auth. Rev., Sr. Lien, Ser. A, Rfdg.

   6.000%     07/01/47        325        199,875  

Puerto Rico Sales Tax Fing. Corp. Sales Tax Rev., Sr. Lien, Ser. C

   5.250%(d)     08/01/40        750        297,375  

Rancho Cucamonga Redev. Agy. Successor Agy. Tax Alloc., Rancho Redev. Proj. Area, AGM

   5.000%     09/01/32        450        516,672  

Redding Elec. Sys. Rev., COP, Linked SAVRS, RIBS, NATL, ETM, Rfdg. (Escrowed to maturity date 07/01/22)(ee)

   6.368%     07/01/22        45        49,867  

Redding Elec. Sys. Rev., COP, Linked SAVRS, RIBS, NATL, ETM, Rfdg. (Escrowed to maturity date 07/01/22)(ee)(pp)

   11.049%(cc)     07/01/22        1,205        1,465,678  

Riverside Cnty. Calif. Redev. Agy. Tax. Alloc. Intst. 215 Corridor, Ser. E (Pre-refunded date 10/01/20)(ee)

   6.500%     10/01/40        1,000        1,135,680  

Riverside Cnty. Infrast. Fing. Auth. Rev., Ser. A, Rfdg.

   4.000%     11/01/37        1,250        1,315,775  

Riverside Cnty. Pub. Fing. Auth. Rev., Cap. Facs. Proj.

   5.250%     11/01/45        1,000        1,170,380  

Riverside Cnty. Trans. Commission Rev., Sr. Lien, Ser. A

   5.750%     06/01/44        500        560,535  

Roseville Calif. Spl. Tax., WestPark Cmnty. Facs. Dist. No. 1, Pub. Facs., Rfdg.

   5.000%     09/01/37        500        542,680  

Sacramento Area Flood Control Agy. Spl. Assessment, Ser A., Rfdg

   5.000%     10/01/41        1,000        1,164,130  

Sacramento Cnty. Santn. Dist. Fing. Auth. Rev., Cmnty. Facs. Dist. #2004-1, Mcclellan Park, Rfdg.

   5.000%     09/01/40        1,000        1,123,450  

Sacramento Cnty. Santn. Dist. Fing. Auth. Rev., Var.-Regl., Ser. B, NATL, 3 Month LIBOR x 0.67 + .530%

   1.412%(c)     12/01/35        1,000        900,170  

San Buenaventura Calif. Rev., Cmnty. Mem. Hlth. Sys.

   7.500%     12/01/41        500        582,205  

San Buenaventura Calif. Rev., Cmnty. Mem. Hlth. Sys.

   8.000%     12/01/26        500        603,430  

San Diego Assn. of Gov’t. South Bay Expressway Rev., Sr. Lien, Ser. A

   5.000%     07/01/42        500        588,140  

San Diego Cmnty. College Dist., Election of 2006, GO (Pre-refunded date 08/01/21)(ee)

   5.000%     08/01/41        1,500        1,681,620  

San Diego Cnty. Regl. Arpt. Auth. Rev., Sr. Ser. B, AMT

   5.000%     07/01/43        2,000        2,235,460  

San Diego Pub. Facs. Fing. Auth. Rev., Cap. Impt. Projs., Ser. A

   5.000%     10/15/44        1,000        1,145,170  

San Diego Uni. Sch. Dist., Election of 1998, Ser. B, GO, NATL

   6.000%     07/01/19        1,000            1,069,610  

San Francisco City & Cnty. Arpts. Comm. Rev., Second Ser. A, AMT

   5.250%     05/01/33        500        571,590  


San Francisco City & Cnty. Arpts. Comm. Rev., Second Ser. A, Rfdg., AMT

   5.000%     05/01/31        1,000        1,121,480  

San Francisco City & Cnty. Arpts. Comm. Rev., Second Ser. C, Rfdg., AMT

   5.000%     05/01/25        1,555        1,706,317  

San Francisco City & Cnty. Arpts. Comm. Rev., Second Ser. F, Rfdg., AMT

   5.000%     05/01/28        1,000        1,093,510  

San Francisco City & Cnty. Arpts. Comm. Rev., Ser. A, AMT

   5.000%     05/01/47        1,000        1,156,650  

San Francisco City & Cnty. Redev. Agy., Tax Alloc. Mission Bay North Redev., Ser. C (Pre-refunded date 08/01/19)(ee)

   6.500%     08/01/39        1,000        1,082,250  

San Jose Calif., Library & Park Proj., GO

   5.000%     09/01/33        2,200        2,205,808  

San Jose Calif., Redev. Agy. Tax Alloc., Merged Area Redev. Proj., Hsg. Set Aside, Ser. A-1, Rfdg.

   5.500%     08/01/35        1,000        1,093,960  

San Leandro Cmnty. Facs., Spl. Tax Dist. No. 1

   6.500%     09/01/25        2,160        2,163,413  

Santa Margarita Wtr. Dist. Spl. Tax, Cmnty. Facs. Dist. No. 2013-1

   5.625%     09/01/36        325        357,341  

Santa Maria Joint Union H.S. Dist., Election of 2004, CABS, GO, NATL

   3.060%(t)     08/01/29        1,250        877,300  

Santa Monica Cmnty. College Dist. Election of 2002, Ser. A, GO, NATL

   2.840%(t)     08/01/28        1,055        781,122  

South Bayside Wste. Mgmt. Auth. Calif. Rev., Solid Waste Enterprise Shoreway Environmental, Ser. A

   6.000%     09/01/36        500        535,475  

Southern Cali. Pub. Power Auth. Nat. Gas Proj. Rev., LIBOR, Proj. No. 1, Ser. A, 3 Month LIBOR x 0.67 + 1.470%

   2.392%(c)     11/01/38        2,000        1,839,880  

Southern Cali. Pub. Power Auth. Nat. Gas Proj. Rev., Var. Magnolia Pwr. Proj., Ser. A-1-Rmkt., Rfdg.

   0.830%(cc)     07/01/36        700        700,000  

Stockton Pub. Fing. Auth. Rev., Delta Wtr. Sply. Proj., Ser. A, Rmkt.

   6.250%     10/01/40        700        840,182  

Territory of Guam, Section 30, Ser. A (Pre-refunded date 12/01/19)(ee)

   5.750%     12/01/34        500        540,310  

Tob. Securitization Auth. Northn. Calif. Rev., Asset-Bkd. Tob. Settlement, Ser. A-1

   4.750%     06/01/23        2,575        2,575,360  

Walnut Energy Center Auth. Rev., Rfdg.

   5.000%     01/01/34        1,000        1,159,890  
          

 

 

 

TOTAL INVESTMENTS — 99.8%
(cost $193,294,251)

             204,821,270  

Other assets in excess of liabilities — 0.2%

             417,126  
          

 

 

 

NET ASSETS — 100.0%

           $ 205,238,396  
          

 

 

 

 

The following abbreviations are used in the quarterly schedule of portfolio holdings:

 

144A    Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. Unless otherwise noted, 144A securities are deemed to be liquid.
AGM    Assured Guaranty Municipal Corp.
AMBAC    American Municipal Bond Assurance Corp.
AMT    Alternative Minimum Tax
CABS    Capital Appreciation Bonds
COP    Certificates of Participation
ETM    Escrowed to Maturity
GO    General Obligation
LIBOR    London Interbank Offered Rate
NATL    National Public Finance Guaranty Corp.
OTC    Over-the-counter


Rfdg    Refunding
RIBS    Residual Interest Bonds
SAVRS    Select Auction Variable Rate Securities

 

# Principal amount is shown in U.S. dollars unless otherwise stated.
(c) Variable rate instrument. The interest rate shown reflects the rate in effect at November 30, 2017.
(cc) Variable rate instrument. The rate shown is based on the latest available information as of November 30, 2017. Certain variable rate securities are not based on a published reference rate and spread but are determined by the issuer or agent and are based on current market conditions. These securities do not indicate a reference rate and spread in their description.
(d) Represents issuer in default on interest payments and/or principal repayment. Non-income producing security. Such securities may be post maturity.
(ee) All or partial escrowed to maturity and pre-refunded issues are secured by escrowed cash and/or U.S. guaranteed obligations.
(pp) Inverse floating rate bond. The coupon is inversely indexed to a floating interest rate. The rate shown is the rate at November 30, 2017.
(t) Represents zero coupon bond. Rate quoted represents effective yield at November 30, 2017.

Fair Value Measurements:

Various inputs are used in determining the value of the Fund’s investments. These inputs are summarized in the three broad levels listed below.

Level 1 - unadjusted quoted prices generally in active markets for identical securities.

Level 2 - quoted prices for similar securities, interest rates and yield curves, prepayment speeds, foreign currency exchange rates and other observable inputs.

Level 3 - unobservable inputs for securities valued in accordance with Board approved fair valuation procedures.

The following is a summary of the inputs used as of November 30, 2017 in valuing such portfolio securities:

 

     Level 1      Level 2      Level 3  

Investments in Securities

        

Municipal Bonds

        

California

   $ —        $ 202,439,075      $ —    

Guam

     —          1,647,045        —    

Puerto Rico

     —          735,150        —    
  

 

 

    

 

 

    

 

 

 

Total

   $ —        $ 204,821,270      $ —    
  

 

 

    

 

 

    

 

 

 

During the period, there were no transfers between Level 1, Level 2 and Level 3 to report.


Notes to Schedule of Investments (unaudited)

Securities Valuation: The Fund holds securities and other assets and liabilities that are fair valued at the close of each day (generally, 4:00 PM Eastern time) the New York Stock Exchange (“NYSE”) is open for trading. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants on the measurement date. The Board of Trustees (the “Board”) has adopted valuation procedures for security valuation under which fair valuation responsibilities have been delegated to PGIM Investments LLC (“PGIM Investments” or “the Manager”). Under the current valuation procedures, the Valuation Committee is responsible for supervising the valuation of portfolio securities and other assets and liabilities. The valuation procedures permit the Fund to utilize independent pricing vendor services, quotations from market makers, and alternative valuation methods when market quotations are either not readily available or not deemed representative of fair value. A record of the Valuation Committee’s actions is subject to the Board’s review, approval, and ratification at its next regularly scheduled quarterly meeting.

Various inputs determine how the Fund’s investments are valued, all of which are categorized according to the three broad levels (Level 1, 2, or 3) detailed in the Schedule of Investments.

Fixed income securities traded in the OTC market are generally classified as Level 2 in the fair value hierarchy. Such fixed income securities are typically valued using the market approach which generally involves obtaining data from an approved independent third-party vendor source. The Fund utilizes the market approach as the primary method to value securities when market prices of identical or comparable instruments are available. The third-party vendors’ valuation techniques used to derive the evaluated bid price are based on evaluating observable inputs, including but not limited to, yield curves, yield spreads, credit ratings, deal terms, tranche level attributes, default rates, cash flows, prepayment speeds, broker/dealer quotations and reported trades. Certain Level 3 securities are also valued using the market approach when obtaining a single broker quote or when utilizing recent transaction prices for identical or comparable securities. During the reporting period, there were no changes to report with respect to the valuation approach and/or valuation techniques discussed above.

Securities and other assets that cannot be priced according to the methods described above are valued based on pricing methodologies approved by the Board. In the event that unobservable inputs are used when determining such valuations, the securities will be classified as Level 3 in the fair value hierarchy.

When determining the fair value of securities, some of the factors influencing the valuation include: the nature of any restrictions on disposition of the securities; assessment of the general liquidity of the securities; the issuer’s financial condition and the markets in which it does business; the cost of the investment; the size of the holding and the capitalization of the issuer; the prices of any recent transactions or bids/offers for such securities or any comparable securities; any available analyst media or other reports or information deemed reliable by the investment manager regarding the issuer or the markets or industry in which it operates. Using fair value to price securities may result in a value that is different from a security’s most recent closing price and from the price used by other unaffiliated mutual funds to calculate their net asset values.

The Fund may invest up to 15% of its net assets in illiquid securities, including those that are restricted as to disposition under securities law (“restricted securities”). Restricted securities are valued pursuant to the valuation procedures noted above.

Other information regarding the Fund is available in the Fund’s most recent Report to Shareholders. This information is available on the Securities and Exchange Commission’s website (www.sec.gov)


Item 2. Controls and Procedures

 

  (a) It is the conclusion of the registrant’s principal executive officer and principal financial officer that the effectiveness of the registrant’s current disclosure controls and procedures (such disclosure controls and procedures having been evaluated within 90 days of the date of this filing) provide reasonable assurance that the information required to be disclosed by the registrant has been recorded, processed, summarized and reported within the time period specified in the Commission’s rules and forms and that the information required to be disclosed by the registrant has been accumulated and communicated to the registrant’s principal executive officer and principal financial officer in order to allow timely decisions regarding required disclosure.

 

  (b) There have been no significant changes in the registrant’s internal controls or in other factors that could significantly affect these controls subsequent to the date of their evaluation, including any corrective actions with regard to significant deficiencies and material weaknesses.

Item 3. Exhibits

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 – Attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Prudential Investment Portfolios 6

 

By (Signature and Title)*   /s/ Deborah A. Docs
  Deborah A. Docs
  Secretary of the Fund
Date     January 17, 2018  

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By (Signature and Title)*   /s/ Stuart S. Parker
  Stuart S. Parker
  President and Principal Executive Officer
Date     January 17, 2018  
By (Signature and Title)*   /s/ M. Sadiq Peshimam
  M. Sadiq Peshimam
  Treasurer and Principal Financial and Accounting Officer
Date     January 17, 2018  

 

* Print the name and title of each signing officer under his or her signature.