About PDKJX
The PGIM Target Date 2055 Fund is a multi-asset mutual fund designed to help investors prepare for retirement around the year 2055. Its primary function is to provide a professionally managed, diversified portfolio that automatically adjusts its allocation over time. Early in the investment period, the fund emphasizes growth through higher exposure to equities, seeking capital appreciation. As the target retirement date approaches, the portfolio becomes progressively more conservative by increasing allocations to fixed income and other less volatile assets, with the goal of capital preservation during retirement years.
The fund invests across a range of asset classes, including equities, fixed income, and non-traditional options such as real estate and commodities, balancing risk and return throughout the investor’s lifecycle. It is constructed to address the evolving income and risk-management needs of retirement savers, using a glidepath strategy that systematically shifts the asset mix based on expected retirement horizons. Managed by PGIM, the global investment management business of Prudential Financial, the fund leverages both active and passive management approaches to keep costs in check and optimize diversification for defined contribution plans and individual retirement accounts.
Fund Family PGIM Investments
Category Target-Date 2055
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol PDKJX
Index Index is not available on Lipper Database
PDKJX had a total return of 19.72% in the past year, including dividends. Since the fund's
inception, the average annual return has been 19.93%.
