PGIM Target Date 2050 Fund Class R6 (PDJJX)
| Fund Assets | 21.34M |
| Expense Ratio | 0.25% |
| Min. Investment | $0.00 |
| Turnover | 37.00% |
| Dividend (ttm) | 0.60 |
| Dividend Yield | 4.47% |
| Dividend Growth | -73.54% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 13.51 |
| YTD Return | 0.45% |
| 1-Year Return | 19.01% |
| 5-Year Return | 67.64% |
| 52-Week Low | 10.63 |
| 52-Week High | 14.26 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Dec 13, 2016 |
About PDJJX
The PGIM Target Date 2050 Fund is a mutual fund designed to serve as a long-term retirement solution for investors planning to retire around the year 2050. Its primary function is to provide a diversified, evolving asset allocation that seeks a balance between capital appreciation and risk management as the target date approaches. The fund achieves broad diversification by investing in a mix of underlying PGIM mutual funds that span U.S. and international equities, fixed income securities, real estate, and commodities. A notable feature of this fund is its glidepath strategy, which systematically adjusts the portfolio’s mix, starting with a higher allocation to growth-oriented assets like equities during the early years and gradually shifting toward more conservative fixed income holdings as the 2050 retirement date nears and in the decade following. This approach aims to address the changing risk tolerance and income needs of participants over time. The fund is also recognized for its relatively low expense structure and cost-effective blend of passive index and actively managed strategies, making it a competitive choice in the target-date fund category. PGIM Target Date 2050 Fund plays a significant role in retirement planning by providing a professionally managed, diversified portfolio tailored to the needs of future retirees.
Performance
PDJJX had a total return of 19.01% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.55%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 41.64% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 21.90% |
| PGIM Quant Solutions Emerging Markets Equity Fund-Class R6 | PQEMX | 8.14% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 7.76% |
| PGIM Total Return Bond ETF | PTRB | 7.38% |
| PGIM Jennison Small-Cap Core Equity Fund-Class R6 | PQJCX | 5.88% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 5.05% |
| PGIM Quant Solutions Commodity Strategies Fund - Class R6 | PQCMX | 2.05% |
| Prudential Invt Portfolios 2 | n/a | 0.20% |
| Us Dollar | n/a | 0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.60293 | Dec 23, 2025 |
| Dec 23, 2024 | $2.2783 | Dec 23, 2024 |
| Dec 22, 2023 | $0.50047 | Dec 22, 2023 |
| Dec 23, 2022 | $0.96792 | Dec 23, 2022 |
| Dec 23, 2021 | $1.59981 | Dec 23, 2021 |
| Dec 24, 2020 | $0.28547 | Dec 24, 2020 |