About PDIGX
PGIM Target Date 2045 Fund Class R4 is a mutual fund designed to help investors prepare for retirement around the year 2045. This fund employs a diversified investment strategy by allocating assets across a mix of underlying funds that provide exposure to equities, fixed income, and non-traditional asset classes, such as real estate and commodities. Its largest holdings include U.S. large-cap stocks, international developed markets, bonds, mid-cap and small-cap equities, emerging markets, and inflation-protected securities, enabling a broad and balanced approach to risk and return over the long term. The fund's allocation gradually shifts toward more conservative assets as the target retirement date approaches, aiming to balance growth potential in earlier years with lower risk closer to retirement. With a focus on delivering risk-adjusted performance over time, the PGIM Target Date 2045 Fund Class R4 plays a crucial role for investors seeking a one-stop solution for retirement saving, maintaining a glide path designed to support changing investment needs throughout an investor’s journey toward retirement.
Fund Family PGIM Investments
Category Target-Date 2045
Performance Rating Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PDIGX
Index Index is not available on Lipper Database
PDIGX had a total return of 14.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 11.24%.
