PGIM Target Date 2070 R2 (PDAMX)
| Fund Assets | 67.02K |
| Expense Ratio | 0.75% |
| 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 | 10.96 |
| YTD Return | 15.19% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 8.52 |
| 52-Week High | 11.07 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | n/a |
About PDAMX
PGIM Target Date 2070 Fund R2 is a target-date mutual fund designed to support long-term retirement planning. Its core purpose is to provide a diversified, multi-asset portfolio that balances capital growth with capital preservation, gradually adjusting its risk profile as the target retirement year—2070—approaches. The fund achieves diversification by investing in a range of underlying mutual funds within the PGIM family, covering various asset classes, including U.S. and foreign equities, fixed income, and select non-traditional assets such as real estate and commodities. The fund's allocation starts with a tilt toward equities to promote growth during the earlier years, then systematically shifts toward more fixed income and conservative investments as the target date nears. This glidepath strategy aims to address different risks investors face during the accumulation and preservation phases of retirement planning. PGIM Target Date 2070 Fund R2 plays a significant role in retirement savings programs, serving individuals seeking a simplified, professionally managed portfolio tailored to evolving risk and return needs over a multi-decade investment horizon.
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% |