Great Gray Pgim Collective Investment Trust - Prudential Day One 2040 Fund (GPDAGX)
| 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 | 293.00 |
| YTD Return | 9.21% |
| 1-Year Return | 18.04% |
| 5-Year Return | n/a |
| 52-Week Low | 246.56 |
| 52-Week High | 294.79 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About GPDAGX
CIT PGIM Day One 2040 Fund Class Institutional is a target-date mutual fund designed for investors expecting to retire around 2040. As a multi-asset class fund of funds, it invests in pooled investment vehicles including insurance company separate accounts, collective investment funds, and mutual funds that hold stocks, bonds, and non-traditional assets such as commodities and real estate. The fund employs a strategic glidepath that gradually shifts its asset allocation from growth-oriented to more conservative investments as it approaches and passes its 2040 target date. Ten years after the target date, the fund maintains a balanced allocation of approximately 35% equities and non-traditional investments with 65% in fixed income securities. The fund is rebalanced annually to maintain its predetermined asset allocation, providing investors with a diversified approach to accumulating retirement savings while systematically reducing risk exposure over time.
Performance
GPDAGX had a total return of 18.04% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.62%.