PGIM Target Date Income Fund Class R3 (PDAFX)
| Fund Assets | 25.42M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.50 |
| Dividend Yield | 4.59% |
| Dividend Growth | -11.35% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 10.78 |
| YTD Return | 2.66% |
| 1-Year Return | 10.22% |
| 5-Year Return | 23.62% |
| 52-Week Low | 9.33 |
| 52-Week High | 10.81 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Dec 13, 2016 |
About PDAFX
The PGIM Target Date Income Fund R3 is a mutual fund designed to provide a balanced investment approach tailored for individuals who are already in or approaching retirement. Its primary function is to pursue both preservation and moderate growth of capital by maintaining a diversified investment portfolio. The fund strategically invests across multiple asset classes and typically maintains a stable allocation—frequently around 65%—between fixed income securities and equities, aiming for income generation with a degree of capital appreciation. This structure is especially relevant for retired investors seeking reliable income from fixed income investments, while still retaining some potential for growth through equity exposure. The PGIM Target Date Income Fund R3 plays a significant role in retirement planning, supporting stability and income sustainability in an investor’s later years by managing risk through broad diversification and a measured asset mix.
Performance
PDAFX had a total return of 10.22% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.86%.
Top 10 Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM TIPS Fund - Class R6 | PQTSX | 22.78% |
| PGIM Total Return Bond Fund - Class R6 | PTRQX | 17.16% |
| PGIM Core Conservative Bond Fund-Class R6 | PQCNX | 17.15% |
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 16.11% |
| Prudential Invt Portfolios 2 | n/a | 7.67% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 6.92% |
| PGIM Quant Solutions Commodity Strategies Fund - Class R6 | PQCMX | 6.08% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 4.73% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 1.41% |
| Us Dollar | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $0.23867 | Dec 24, 2025 |
| Sep 18, 2025 | $0.11934 | Sep 18, 2025 |
| Jun 20, 2025 | $0.0946 | Jun 20, 2025 |
| Mar 13, 2025 | $0.0441 | Mar 13, 2025 |
| Dec 24, 2024 | $0.33898 | Dec 24, 2024 |
| Sep 19, 2024 | $0.07983 | Sep 19, 2024 |