PGIM Target Date Income R6 (PDAJX)
| Fund Assets | 25.11M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 38.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 5.53% |
| Dividend Growth | 46.11% |
| Payout Frequency | Quarterly |
| Ex-Dividend Date | Jun 20, 2025 |
| Previous Close | 10.77 |
| YTD Return | 8.91% |
| 1-Year Return | 9.86% |
| 5-Year Return | 30.71% |
| 52-Week Low | 9.76 |
| 52-Week High | 10.77 |
| Beta (5Y) | 0.47 |
| Holdings | 10 |
| Inception Date | Dec 13, 2016 |
About PDAJX
PGIM Target Date Income Fund Class R6 is a mutual fund designed to provide investors with a balanced approach to income generation and capital preservation. Serving as a retirement income solution, the fund is structured as a multi-asset class portfolio, typically maintaining a steady allocation of approximately 65% in income-producing investments. Its strategy involves investing in a diversified selection of underlying PGIM mutual funds, thus offering exposure across equities, fixed income, and non-traditional asset classes. This core structure is intended to minimize risk while delivering consistent dividend distributions, exemplified by its dividend yield, which exceeds the category average. With a low expense ratio and a focus on capital conservation, the fund is generally suited for individuals who are retired or nearing retirement and require stable income with moderate growth. Through prudent diversification and professional oversight, the fund plays a vital role in the decumulation phase of retirement planning, ensuring that assets are managed with an emphasis on both safety and reliable cash flow.
Performance
PDAJX had a total return of 9.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.62%.
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 | $0.10429 | Jun 20, 2025 |
| Mar 13, 2025 | $0.05032 | Mar 13, 2025 |
| Dec 24, 2024 | $0.35047 | Dec 24, 2024 |
| Sep 19, 2024 | $0.08947 | Sep 19, 2024 |
| Jun 13, 2024 | $0.11649 | Jun 13, 2024 |
| Mar 14, 2024 | $0.03984 | Mar 14, 2024 |