About PDKEX
PGIM Target Date 2055 Fund Class R2 is a target date mutual fund designed for investors planning to retire around 2055. It seeks a balance between growth and conservation of capital through a multi-asset class portfolio that automatically shifts to a more conservative allocation over time, following a structured glidepath managed by PGIM DC Solutions. The fund invests in underlying strategies including U.S. and non-U.S. equities, fixed income, commodities, and real estate, with current allocations emphasizing higher equity exposure suitable for its accumulation stage. Geographic equity exposure spans developed markets like the United States, Europe, and Japan, alongside emerging markets, while fixed income focuses predominantly on investment-grade securities. This approach aims to provide diversification across asset classes, mitigate risks through a blend of passive and active management, and support retirement planning by ratcheting allocations annually toward preservation and inflation protection in later stages. As part of the PGIM Target Date Funds series, it offers a professionally managed solution for long-term retirement savers.
Fund Family PGIM Investments
Category Target-Date 2055
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol PDKEX
Index Index is not available on Lipper Database
PDKEX had a total return of 22.03% in the past year, including dividends.
Since the fund's inception, the average annual return has been 11.30%.
