PGIM Target Date 2040 R6 (PDHJX)
| Fund Assets | 45.53M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 39.00% |
| Dividend (ttm) | 1.86 |
| Dividend Yield | 14.00% |
| Dividend Growth | 285.50% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 24, 2024 |
| Previous Close | 13.30 |
| YTD Return | 13.75% |
| 1-Year Return | 22.80% |
| 5-Year Return | 81.25% |
| 52-Week Low | 10.72 |
| 52-Week High | 13.99 |
| Beta (5Y) | n/a |
| Holdings | 12 |
| Inception Date | Dec 13, 2016 |
About PDHJX
PGIM Target Date 2040 Fund Class R6 is a multi-asset mutual fund designed to help investors prepare for retirement around the year 2040. Its primary objective is to achieve a balance between growth and capital preservation by strategically investing in a diversified mix of underlying PGIM mutual funds. The fund holds exposure across a range of asset classes, including U.S. and international equities, fixed income securities, real estate, and commodities. As a target date fund, its allocation becomes more conservative over time, gradually shifting from higher-risk growth assets such as stocks to more stable fixed income and capital preservation strategies as the 2040 target date approaches. Within its portfolio, the fund typically allocates approximately 46% to U.S. stocks, 20% to non-U.S. stocks, 24% to fixed income, and smaller portions to real estate and commodities, reflecting a diversified approach suited to investors seeking long-term retirement growth with an evolving risk profile. This structure makes the fund a core component in defined contribution plans and retirement accounts, aligning with investors' changing needs as they progress towards retirement.
Performance
PDHJX had a total return of 22.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.86%.
Top 10 Holdings
97.91% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 37.03% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 15.32% |
| PGIM Total Return Bond R6 | PTRQX | 9.36% |
| PGIM TIPS R6 | PQTSX | 7.35% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 5.05% |
| PGIM Global Real Estate R6 | PGRQX | 4.97% |
| PGIM Core Conservative Bond R6 | PQCNX | 4.93% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 4.89% |
| PGIM Quant Solutions EMs Eq R6 | PQEMX | 4.59% |
| PGIM Jennison Small-Cap Core Equity R6 | PQJCX | 4.41% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 24, 2024 | $1.8643 | Dec 24, 2024 |
| Dec 26, 2023 | $0.48361 | Dec 26, 2023 |
| Dec 27, 2022 | $1.01889 | Dec 27, 2022 |
| Dec 27, 2021 | $1.42603 | Dec 27, 2021 |
| Dec 28, 2020 | $0.28614 | Dec 28, 2020 |
| Dec 26, 2019 | $0.64005 | Dec 26, 2019 |