PGIM Target Date Income Fund Class R1 (PDADX)
| Fund Assets | 25.42M |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.44 |
| Dividend Yield | 4.17% |
| Dividend Growth | -15.95% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Mar 19, 2026 |
| Previous Close | 10.62 |
| YTD Return | 1.49% |
| 1-Year Return | 8.99% |
| 5-Year Return | 21.79% |
| 52-Week Low | 9.74 |
| 52-Week High | 10.88 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Dec 13, 2016 |
About PDADX
PGIM Target Date Income Fund Class R1 is a mutual fund specifically designed for investors who are approaching or already in retirement. The fund aims to strike a careful balance between preserving capital and generating income. It achieves this by maintaining a diversified, multi-asset allocation, with a significant emphasis on fixed-income securities to support income generation, while also retaining a portion in equities to provide potential for modest capital appreciation. The investment strategy seeks to limit volatility and generate steady income, making it suitable for those prioritizing capital conservation in retirement years. The fund distributes regular dividend income, with a yield that generally exceeds the average of its category, reflecting its focus on income-oriented assets. PGIM Target Date Income Fund Class R1 plays an important role in lifecycle and retirement planning by offering a professionally managed, low-maintenance option for individuals seeking financial stability and moderate growth as they transition out of the workforce.
Performance
PDADX had a total return of 8.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.86%.
Top 10 Holdings
100.04% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Total Return Bond ETF | PTRB | 23.35% |
| PGIM TIPS Fund - Class R6 | PQTSX | 23.01% |
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 15.96% |
| PGIM Core Conservative Bond Fund-Class R6 | PQCNX | 12.54% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 7.07% |
| Prudential Invt Portfolios 2 | n/a | 6.18% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 5.51% |
| PGIM Quant Solutions Commodity Strategies Fund - Class R6 | PQCMX | 4.95% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 1.48% |
| Us Dollar | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 19, 2026 | $0.02675 | Mar 19, 2026 |
| Dec 24, 2025 | $0.22545 | Dec 24, 2025 |
| Sep 18, 2025 | $0.10858 | Sep 18, 2025 |
| Jun 20, 2025 | $0.08399 | Jun 20, 2025 |
| Mar 13, 2025 | $0.03705 | Mar 13, 2025 |
| Dec 24, 2024 | $0.32588 | Dec 24, 2024 |