PGIM Target Date 2040 R3 (PDHFX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
13.21
+0.02 (0.15%)
Oct 14, 2025, 4:00 PM EDT
0.15%
Fund Assets45.53M
Expense Ratio0.60%
Min. Investment$0.00
Turnover77.00%
Dividend (ttm)1.82
Dividend Yield13.77%
Dividend Growth309.97%
Payout FrequencyAnnual
Ex-Dividend DateDec 24, 2024
Previous Close13.19
YTD Return13.00%
1-Year Return22.02%
5-Year Return75.55%
52-Week Low10.69
52-Week High13.93
Beta (5Y)n/a
Holdings13
Inception DateDec 13, 2016

About PDHFX

PGIM Target Date 2040 Fund R3 is a multi-asset mutual fund designed to support long-term retirement planning. Its primary function is to provide a diversified investment solution that evolves over time, initially focusing on growth through exposure to equities and gradually shifting towards capital preservation by increasing allocations to bonds and other conservative assets as the target retirement year approaches. The fund invests in a carefully selected portfolio of other PGIM mutual funds that span a range of asset classes including U.S. and international equities, fixed income, commodities, and real estate. This broad diversification across sectors and geographies helps reduce risk while aiming for consistent returns. Notably, the fund is structured for investors planning to retire around 2040, offering them an all-in-one investment option that automatically adjusts its risk profile over the years. The fund’s holdings reflect a significant allocation to large-cap U.S. stocks, complemented by exposure to developed and emerging markets, high-quality bonds, and real assets. As part of the PGIM Target Date series, it plays a prominent role in supporting retirement strategies by balancing growth opportunities with income and risk management as retirement approaches.

Fund Family PGIM Investments
Category Target-Date 2040
Stock Exchange NASDAQ
Ticker Symbol PDHFX
Index Index is not available on Lipper Database

Performance

PDHFX had a total return of 22.02% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.47%.

Top 10 Holdings

97.90% of assets
NameSymbolWeight
PGIM Quant Solutions Large-Cap Index R6PQSIX36.51%
PGIM Quant Solutions Intl Dev Mkts IdxR6PQDMX15.63%
PGIM Total Return Bond R6PTRQX9.40%
PGIM TIPS R6PQTSX7.40%
PGIM Global Real Estate R6PGRQX5.06%
PGIM Quant Solutions Mid-Cap Index R6PQCCX5.00%
PGIM Core Conservative Bond R6PQCNX4.94%
PGIM Quant Solutions Commodity Strats R6PQCMX4.89%
PGIM Jennison Small-Cap Core Equity R6PQJCX4.66%
PGIM Quant Solutions EMs Eq R6PQEMX4.40%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Dec 24, 2024$1.81901Dec 24, 2024
Dec 26, 2023$0.44369Dec 26, 2023
Dec 27, 2022$0.9758Dec 27, 2022
Dec 27, 2021$1.3771Dec 27, 2021
Dec 28, 2020$0.24545Dec 28, 2020
Dec 26, 2019$0.59908Dec 26, 2019
Full Dividend History