PGIM Target Date 2020 Fund Class R3 (PDDFX)
| Fund Assets | 33.85M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | 35.00% |
| Dividend (ttm) | 0.46 |
| Dividend Yield | 4.33% |
| Dividend Growth | -61.46% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2025 |
| Previous Close | 10.69 |
| YTD Return | 2.78% |
| 1-Year Return | 11.74% |
| 5-Year Return | 28.03% |
| 52-Week Low | 9.11 |
| 52-Week High | 10.72 |
| Beta (5Y) | n/a |
| Holdings | 11 |
| Inception Date | Dec 13, 2016 |
About PDDFX
PGIM Target Date 2020 Fund Class R3 is a target-date mutual fund developed to support investors who plan to retire near the year 2020. The fund primarily serves as a diversified, professionally managed investment solution, automatically adjusting its asset allocation mix as the target retirement year approaches and passes. Early in its lifecycle, the fund maintains a higher proportion of equities for growth potential, then gradually reallocates toward bonds and other fixed-income securities to lower overall portfolio risk as retirement nears. This approach aims to balance capital appreciation with increased income and capital preservation for near-retirement investors. Managed by PGIM Investments, the fund utilizes both active and passive management techniques, and employs a multi-stage glide path strategy for asset transitions. PGIM Target Date 2020 Fund Class R3 is part of a larger family of target-date offerings and is frequently used in employer-sponsored retirement plans, providing a convenient, set-it-and-forget-it retirement investing option for participants seeking a one-stop diversified portfolio solution aligned with their anticipated retirement timeline.
Performance
PDDFX had a total return of 11.74% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.92%.
Top 10 Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM TIPS Fund - Class R6 | PQTSX | 20.77% |
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 19.12% |
| PGIM Total Return Bond Fund - Class R6 | PTRQX | 16.89% |
| PGIM Core Conservative Bond Fund-Class R6 | PQCNX | 13.90% |
| Prudential Invt Portfolios 2 | n/a | 7.14% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 6.91% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 6.39% |
| PGIM Quant Solutions Commodity Strategies Fund - Class R6 | PQCMX | 6.07% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 1.41% |
| PGIM Jennison Small-Cap Core Equity Fund-Class R6 | PQJCX | 1.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2025 | $0.46446 | Dec 24, 2025 |
| Dec 24, 2024 | $1.20503 | Dec 24, 2024 |
| Dec 26, 2023 | $0.37146 | Dec 26, 2023 |
| Dec 27, 2022 | $0.85793 | Dec 27, 2022 |
| Dec 27, 2021 | $1.1435 | Dec 27, 2021 |
| Dec 28, 2020 | $0.27039 | Dec 28, 2020 |