A: PBCAX
|
C: PCICX
|
Z: PCIZX
|
R6: PCIQX
|
|
|
|
|
|
|
|
Class A
|
Class C
|
Class Z
|
Class R6
|
Maximum sales charge (load) imposed on purchases (as a percentage of offering price)
|
3.25%
|
None
|
None
|
None
|
Maximum deferred sales charge (load) (as a percentage of the lower of the original purchase price or the net asset value at
redemption)
|
1.00%*
|
1.00%**
|
None
|
None
|
Maximum sales charge (load) imposed on reinvested dividends and other distributions
|
None
|
None
|
None
|
None
|
Redemption fee
|
None
|
None
|
None
|
None
|
Exchange fee
|
None
|
None
|
None
|
None
|
Maximum account fee (accounts under $10,000)
|
$15
|
$15
|
None***
|
None
|
|
Class A
|
Class C
|
Class Z
|
Class R6
|
Management fee
|
0.38%
|
0.38%
|
0.38%
|
0.38%
|
Distribution and service (12b-1) fees
|
0.25%
|
1.00%
|
None
|
None
|
Other expenses
|
0.15%
|
0.24%
|
0.18%
|
0.13%
|
Total annual Fund operating expenses
|
0.78%
|
1.62%
|
0.56%
|
0.51%
|
Fee waiver and/or expense reimbursement
|
(0.09)%
|
(0.09)%
|
(0.17)%
|
(0.13)%
|
Total annual Fund operating expenses after fee waiver and/or expense reimbursement(1)
|
0.69%
|
1.53%
|
0.39%
|
0.38%
|
Share Class
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$393
|
$557
|
$736
|
$1,252
|
Class C
|
$256
|
$502
|
$873
|
$1,689
|
Class Z
|
$40
|
$162
|
$296
|
$685
|
Class R6
|
$39
|
$150
|
$272
|
$628
|
Share Class
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
Class A
|
$393
|
$557
|
$736
|
$1,252
|
Class C
|
$156
|
$502
|
$873
|
$1,689
|
Class Z
|
$40
|
$162
|
$296
|
$685
|
Class R6
|
$39
|
$150
|
$272
|
$628
|
![]() |
Best Quarter:
|
Worst Quarter:
|
||
4.31%
|
1st
Quarter
2014
|
-5.65%
|
1st
Quarter
2022
|
1 The total return for the Fund's Class Z shares from January 1, 2023 to
|
September 30, 2023
|
was
|
0.11%
|
Return Before Taxes
|
One Year
|
Five Years
|
Ten Years
|
Since
Inception
|
Inception
Date
|
Class A Shares
|
-10.66%
|
0.03%
|
1.49%
|
-
|
|
Class C Shares
|
-9.33%
|
-0.12%
|
1.04%
|
-
|
|
Class R6 Shares
|
-7.38%
|
1.03%
|
N/A
|
1.16%
|
10-26-17
|
Class Z Shares % (as of 12-31-22)
|
|||||
Return Before Taxes
|
-7.39%
|
0.95%
|
2.08%
|
-
|
|
Return After Taxes on Distributions
|
-7.39%
|
0.95%
|
2.05%
|
-
|
|
Return After Taxes on Distributions and Sale of Fund Shares
|
-3.49%
|
1.41%
|
2.37%
|
-
|
|
Index % (reflects no deduction for fees, expenses or taxes) (as of 12-31-22)
|
|||||
Bloomberg California 1-15 Year Municipal Intermediate Index
|
-5.39%
|
1.29%
|
N/A
|
1.23%*
|
|
Bloomberg Municipal Bond Index
|
-8.53%
|
1.25%
|
2.13%
|
1.31%*
|
|
Investment Manager
|
Subadviser
|
Portfolio Managers
|
Title
|
Service Date
|
PGIM Investments LLC
|
PGIM Fixed Income*
|
Robert Tipp, CFA
|
Managing Director,
Chief Investment
Strategist & Head of
Global Bonds
|
October 2004
|
|
|
Jason Appleson, CFA,
FRM
|
Managing Director &
Head of PGIM Fixed
Income's Municipal
Bond Team
|
November 2021
|
|
|
Lee Friedman, CFA
|
Principal & Portfolio
Manager
|
March 2014
|
|
|
John Dittemer
|
Vice President &
Portfolio Manager
|
March 2014
|
|
Class A*
|
Class C*
|
Class Z*
|
Class R6
|
Minimum initial investment
|
$1,000
|
$1,000
|
None
|
None
|
Minimum subsequent investment
|
$100
|
$100
|
None
|
None
|
By Mail:
|
Prudential Mutual Fund Services LLC, PO Box 534432, Pittsburgh, PA 15253-4432
|
By Telephone:
|
800-225-1852 or 973-367-3529 (outside the US)
|
On the Internet:
|
www.pgim.com/investments
|
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