PGIM Target Date 2045 R5 (PDIHX)
| Fund Assets | 33.09M |
| Expense Ratio | 0.40% |
| Min. Investment | $2,500 |
| Turnover | 40.00% |
| Dividend (ttm) | 0.54 |
| Dividend Yield | 3.71% |
| Dividend Growth | -70.90% |
| Payout Frequency | Annual |
| Ex-Dividend Date | n/a |
| Previous Close | 14.36 |
| YTD Return | 10.38% |
| 1-Year Return | 20.16% |
| 5-Year Return | 62.04% |
| 52-Week Low | 12.38 |
| 52-Week High | 14.53 |
| 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.
Performance
PDIHX had a total return of 20.16% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.35%.
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
99.82% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 41.68% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 20.16% |
| PGIM Total Return Bond ETF | PTRB | 8.74% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 6.53% |
| PGIM Quant Solutions EMs Eq R6 | PQEMX | 6.17% |
| PGIM Jennison Small-Cap Core Equity R6 | PQJCX | 5.17% |
| PGIM Global Real Estate R6 | PGRQX | 4.92% |
| PGIM TIPS R6 | PQTSX | 2.57% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 2.17% |
| PGIM Core Conservative Bond R6 | PQCNX | 1.70% |
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 |