PGIM Target Date Income R2 (PDAEX)
| Fund Assets | 25.11M |
| Expense Ratio | 0.75% |
| Min. Investment | $2,500 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 5.05% |
| Dividend Growth | 51.33% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 10.74 |
| YTD Return | 8.47% |
| 1-Year Return | 9.33% |
| 5-Year Return | 27.56% |
| 52-Week Low | 9.74 |
| 52-Week High | 10.74 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Dec 13, 2016 |
About PDAEX
PGIM Target Date Income Fund R2 is a mutual fund designed to provide a balance between income generation and the preservation of capital, tailored primarily for individuals who are at or nearing retirement. The fund operates as a multi-asset class portfolio, typically maintaining a steady mix with a significant allocation to fixed income securities—approximately 65%—and a smaller portion to equities, with the goal of offering both income and some potential for capital appreciation. By investing in a diversified selection of underlying funds, PGIM Target Date Income Fund R2 seeks to reduce volatility while still pursuing moderate growth through equity exposure. This approach aims to address the needs of retirees who require regular income from their investments while minimizing the risks associated with large equity fluctuations, making it suitable as a foundational investment for post-retirement portfolios. Its structure and objectives reflect its role as a target-date fund, adjusting its asset allocation to emphasize capital preservation and consistent income as investors reach and move through retirement.
Performance
PDAEX had a total return of 9.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.10%.
Top 10 Holdings
100.00% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM TIPS R6 | PQTSX | 22.89% |
| PGIM Core Conservative Bond R6 | PQCNX | 17.14% |
| PGIM Total Return Bond R6 | PTRQX | 17.14% |
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 16.38% |
| Prudential Invt Portfolios 2 | n/a | 7.75% |
| PGIM Global Real Estate R6 | PGRQX | 6.87% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 5.93% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 4.48% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 1.42% |
| Us Dollar | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 20, 2025 | $0.09072 | Jun 20, 2025 |
| Mar 13, 2025 | $0.04136 | Mar 13, 2025 |
| Dec 24, 2024 | $0.33425 | Dec 24, 2024 |
| Sep 19, 2024 | $0.07577 | Sep 19, 2024 |
| Jun 13, 2024 | $0.10389 | Jun 13, 2024 |
| Mar 14, 2024 | $0.03113 | Mar 14, 2024 |