PGIM Target Date 2045 R5 (PDIHX)

Fund Assets	33.09M
Expense Ratio	0.40%
Min. Investment	$2,500
Turnover	40.00%
Dividend (ttm)	0.33
Dividend Yield	2.25%
Dividend Growth	-29.28%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	14.41
YTD Return	10.76%
1-Year Return	14.24%
5-Year Return	62.60%
52-Week Low	12.62
52-Week High	14.89
Beta (5Y)	0.89
Holdings	12
Inception Date	Dec 13, 2016

About PDIHX

PGIM Target Date 2045 Fund Class R5 is a target date mutual fund designed to help investors plan for retirement around the year 2045. The fund aims to provide diversified exposure by allocating assets among underlying funds that invest in equities, fixed income, and non-traditional asset classes. Its asset mix adjusts over time, gradually shifting from growth-oriented holdings toward more conservative, income-generating investments as the target date approaches. This "glide path" strategy aligns with the evolving risk tolerance and income needs of individuals planning to retire in or near 2045. The fund's structure supports long-term investment goals, making it particularly relevant for employer-sponsored retirement plans and individual savers seeking an all-in-one, professionally managed solution for retirement accumulation and decumulation. The PGIM Target Date 2045 Fund Class R5 serves a key role by offering broad market exposure, automatic rebalancing, and risk management throughout an investor’s working years up to and beyond their targeted retirement date.

• Fund Family: PGIM Investments
• Category: Target-Date 2045
• Performance Rating: Average
• Risk Rating: Below Average
• Stock Exchange: Nasdaq
• Ticker Symbol: PDIHX
• Index: Index is not available on Lipper Database

Performance

PDIHX had a total return of 14.24% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.06%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTIVX	Vanguard	Vanguard Target Retirement 2045 Fund	0.08%

Top 10 Holdings

99.87% of assets

Name	Symbol	Weight
PGIM Quant Solutions Large-Cap Index R6	PQSIX	41.50%
PGIM Quant Solutions Intl Dev Mkts IdxR6	PQDMX	20.24%
PGIM Total Return Bond ETF	PTRB	8.79%
PGIM Quant Solutions Mid-Cap Index R6	PQCCX	6.38%
PGIM Quant Solutions EMs Eq R6	PQEMX	6.28%
PGIM Jennison Small-Cap Core Equity R6	PQJCX	5.08%
PGIM Global Real Estate R6	PGRQX	4.96%
PGIM TIPS R6	PQTSX	2.62%
PGIM Quant Solutions Commodity Strats R6	PQCMX	2.30%
PGIM Core Conservative Bond R6	PQCNX	1.72%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.53559	Dec 23, 2025
Dec 23, 2024	$1.84035	Dec 23, 2024
Dec 22, 2023	$0.44418	Dec 22, 2023
Dec 23, 2022	$0.80682	Dec 23, 2022
Dec 23, 2021	$1.92274	Dec 23, 2021
Dec 24, 2020	$0.26201	Dec 24, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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