PGIM Target Date Income R3 (PDAFX)
| Fund Assets | 25.42M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | 30.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 4.67% |
| Dividend Growth | -8.90% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 18, 2026 |
| Previous Close | 10.87 |
| YTD Return | 4.95% |
| 1-Year Return | 10.09% |
| 5-Year Return | 22.33% |
| 52-Week Low | 10.37 |
| 52-Week High | 11.06 |
| Beta (5Y) | 0.37 |
| Holdings | 10 |
| 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 10.09% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.40%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VTINX | Vanguard | Vanguard Target Retirement Income Fund | 0.08% |
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM Total Return Bond ETF | PTRB | 23.05% |
| PGIM TIPS R6 | PQTSX | 22.53% |
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 16.83% |
| PGIM Core Conservative Bond R6 | PQCNX | 12.44% |
| PGIM Global Real Estate R6 | PGRQX | 6.94% |
| Prudential Invt Portfolios 2 | n/a | 6.20% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 5.71% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 4.77% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 1.54% |
| Us Dollar | n/a | -0.01% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jun 18, 2026 | $0.11501 | Jun 18, 2026 |
| Mar 19, 2026 | $0.03485 | Mar 19, 2026 |
| 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 |