Great Gray Pgim Collective Investment Trust - Prudential Day One 2020 Fund (GPDACX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 201.05 |
| YTD Return | 5.03% |
| 1-Year Return | 10.70% |
| 5-Year Return | n/a |
| 52-Week Low | 181.86 |
| 52-Week High | 202.35 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GPDACX
Prudential Day One 2020 Fund is a target-date mutual fund designed for investors planning to retire around the year 2020. As part of the Prudential Day One series, this fund employs a multi-asset allocation strategy that gradually shifts from growth-oriented investments to more conservative ones as the target retirement date approaches. Its primary function is to balance long-term capital appreciation with capital preservation, adjusting the mix between equities and fixed income assets along a predetermined glidepath. In the years following 2020, the fund continues to reduce equity exposure in favor of fixed income and non-traditional investments, reflecting the evolving needs of individuals transitioning into retirement. This approach helps manage market risk and aims to provide stability and income for retirees. The fund is overseen by PGIM Quantitative Solutions LLC, which actively manages the asset allocation in line with its objectives. As a target-date fund, Prudential Day One 2020 serves a critical role in retirement planning, offering a diversified, age-appropriate investment solution for participants nearing or entering retirement.
Performance
GPDACX had a total return of 10.70% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.48%.