PGIM Target Date 2060 Fund Class R1 (PDLDX)
| Fund Assets | 10.74M |
| Expense Ratio | 1.00% |
| Min. Investment | $0.00 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 3.80% |
| Dividend Growth | -51.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 15.49 |
| YTD Return | n/a |
| 1-Year Return | 19.19% |
| 5-Year Return | 62.53% |
| 52-Week Low | 11.98 |
| 52-Week High | 16.47 |
| Beta (5Y) | 0.90 |
| Holdings | 9 |
| Inception Date | Dec 13, 2016 |
About PDLDX
PGIM Target Date 2060 Fund Class R1 is a multi-asset class mutual fund designed for investors planning to retire around the year 2060. The fund aims to balance growth and capital conservation by investing in a diversified portfolio that includes equities, fixed income, and non-traditional asset classes such as commodities and real estate. Over time, its asset allocation becomes more conservative, gradually reducing equity exposure and increasing fixed income holdings as the target retirement date approaches, reflecting a strategy to manage risk through the accumulation and preservation phases of retirement planning. The fund is actively managed with a glidepath strategy, incorporating both passive index funds and actively managed strategies to align with real savings and employer contribution data. It serves a significant role in retirement planning by providing a strategic, automated way to adjust risk exposure, catering to investors through different stages of their retirement horizon. The fund's structure supports long-term retirement income needs while adapting its asset mix to changing risk tolerances as investors near retirement.
Performance
PDLDX had a total return of 19.19% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.98%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 40.26% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 25.28% |
| PGIM Quant Solutions Emerging Markets Equity Fund-Class R6 | PQEMX | 10.59% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 9.05% |
| PGIM Jennison Small-Cap Core Equity Fund-Class R6 | PQJCX | 6.41% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 5.00% |
| PGIM Total Return Bond ETF | PTRB | 3.13% |
| Prudential Invt Portfolios 2 | n/a | 0.28% |
| Us Dollar | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.58755 | Dec 23, 2025 |
| Dec 23, 2024 | $1.21945 | Dec 23, 2024 |
| Dec 22, 2023 | $0.39319 | Dec 22, 2023 |
| Dec 23, 2022 | $0.87786 | Dec 23, 2022 |
| Dec 23, 2021 | $1.17509 | Dec 23, 2021 |
| Dec 24, 2020 | $0.14138 | Dec 24, 2020 |