PGIM Target Date 2070 R6 (PDAUX)
| Fund Assets | 67.02K |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 10.98 |
| YTD Return | 14.46% |
| 1-Year Return | n/a |
| 5-Year Return | n/a |
| 52-Week Low | 8.53 |
| 52-Week High | 11.11 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | n/a |
About PDAUX
PGIM Target Date 2070 Fund Class R6 is a mutual fund designed to align with the long-term retirement goals of investors targeting the year 2070. As a target date fund, its core objective is to optimize the balance between growth potential and risk management over an extended investment horizon. The fund employs a diversified allocation strategy, incorporating both traditional assets such as equities and fixed income as well as non-traditional investments like commodities and real estate. Its asset allocation follows a "glidepath" that systematically shifts from higher-risk, return-seeking assets during early accumulation years to a more conservative, preservation-focused mix as the target retirement date approaches. PGIM Target Date 2070 Fund Class R6 stands out for its use of both passive index funds and actively managed strategies, leveraging real data on savings rates and employer contributions to refine allocation decisions. It plays a significant role in supporting retirement planning by addressing various risks throughout an investor's lifecycle, making it a key component in workplace retirement plans and individual long-term portfolios.
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% |