PGIM Target Date 2070 R1 (PDALX)
| Fund Assets | 67.02K |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | 0.08 |
| Dividend Yield | 0.75% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 11.05 |
| YTD Return | 13.73% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 8.51 |
| 52-Week High | 11.05 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | n/a |
About PDALX
PGIM Target Date 2070 Fund Class R1 is a mutual fund specifically structured for retirement savers targeting the year 2070 as their expected retirement date. Its primary function is to provide a diversified, professionally managed investment vehicle that adapts to the evolving needs of long-term investors. The fund pursues a balance between growth and conservation of capital by investing in a mix of underlying mutual funds within the PGIM family, which span equity, fixed income, and non-traditional asset classes such as commodities and real estate. This approach offers diversification designed to align with the changing risk profile of participants as they approach retirement. PGIM Target Date 2070 Fund Class R1 is built around a glidepath strategy, systematically shifting its asset allocation over time: it emphasizes growth-oriented assets in the early years, gradually transitioning to more conservative holdings to address the risks associated with preservation and income as retirement nears. This fund plays a significant role in retirement planning for individuals and institutions, enabling investors to simplify asset allocation decisions and maintain a suitable risk profile over decades. Its structure and ongoing adjustments make it a key component in workplace retirement plans and long-term investment portfolios focused on retirement outcomes.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| PDAUX | Class R6 | 0.25% |
| PDAQX | Class R5 | 0.40% |
| PDAOX | Class R4 | 0.50% |
| PDANX | Class R3 | 0.60% |
Top 10 Holdings
100.06% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 39.47% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 24.47% |
| PGIM Quant Solutions EMs Eq R6 | PQEMX | 10.37% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 9.51% |
| PGIM Jennison Small-Cap Core Equity R6 | PQJCX | 6.48% |
| PGIM Global Real Estate R6 | PGRQX | 4.89% |
| PGIM Total Return Bond R6 | PTRQX | 2.87% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 1.86% |
| PGIM Core Ultra Short Bond Fund | n/a | 0.15% |