About PABFX
PGIM Balanced Fund Class Z is a diversified mutual fund designed to provide a balance of income and long-term capital growth. The fund accomplishes this by investing in a blend of equity securities, fixed-income instruments, and money market assets, allowing for exposure to both growth and income-producing opportunities within one vehicle. Its portfolio features a mix of large-cap equities, with significant allocations to leading technology companies such as Apple, Microsoft, and NVIDIA, as well as to consumer cyclicals and communication services, reflecting a large-blend investment style. On the fixed-income side, the fund employs a core-plus bond approach, incorporating various sectors and credit qualities for additional yield and diversification. PGIM Balanced Fund Class Z is categorized as a moderate allocation fund, appealing to investors seeking a mix of risk and stability, with an adjusted expense ratio of 0.78% and a trailing twelve-month yield near 2.4%. By leveraging both quantitative and credit-driven strategies, the fund plays a significant role for those aiming for steady income and capital appreciation within the broader financial market.
Fund Family PGIM
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PABFX
Share Class Class Z
Index S&P 500 TR
PABFX had a total return of 16.64% in the past year, including dividends.
Since the fund's inception, the average annual return has been 7.83%.
