PGIM Target Date 2060 Fund Class R2 (PDLEX)

Fund Assets	10.74M
Expense Ratio	0.75%
Min. Investment	$2,500
Turnover	46.00%
Dividend (ttm)	0.64
Dividend Yield	3.57%
Dividend Growth	-49.72%
Payout Frequency	Annual
Ex-Dividend Date	Dec 23, 2025

Previous Close	17.84
YTD Return	14.88%
1-Year Return	21.99%
5-Year Return	66.90%
52-Week Low	14.96
52-Week High	18.01
Beta (5Y)	0.97
Holdings	9
Inception Date	Dec 13, 2016

About PDLEX

PGIM Target Date 2060 Fund Class R2 is a multi-asset class mutual fund designed to provide a balanced approach between growth and capital preservation. It targets investors planning for retirement around the year 2060, adjusting its asset allocation to become more conservative as the target date approaches. The fund invests in a diversified portfolio that includes equities, fixed income, and non-traditional asset classes, aiming to manage risk while seeking long-term growth. Notable features include a moderate expense ratio of 0.75% and an asset base reflecting its focused investment horizon. By gradually shifting its mix of investments over time, the fund aligns with the evolving risk tolerance and financial needs of investors as they approach retirement age, playing a significant role in long-term retirement planning strategies.

• Fund Family: PGIM Investments
• Category: Target-Date 2060+
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: PDLEX
• Index: Index is not available on Lipper Database

Performance

PDLEX had a total return of 21.99% in the past year, including dividends. Since the fund's inception, the average annual return has been 11.72%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTTSX	Vanguard	Vanguard Target Retirement 2060 Fund	0.08%

Top Holdings

Name	Symbol	Weight
PGIM Quant Solutions Large-Cap Index R6	PQSIX	40.28%
PGIM Quant Solutions Intl Dev Mkts IdxR6	PQDMX	25.54%
PGIM Quant Solutions EMs Eq R6	PQEMX	10.42%
PGIM Quant Solutions Mid-Cap Index R6	PQCCX	9.01%
PGIM Jennison Small-Cap Core Equity R6	PQJCX	6.34%
PGIM Global Real Estate R6	PGRQX	4.91%
PGIM Total Return Bond ETF	PTRB	3.08%
Prudential Invt Portfolios 2	n/a	0.43%
Us Dollar	n/a	0.00%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 23, 2025	$0.63572	Dec 23, 2025
Dec 23, 2024	$1.26434	Dec 23, 2024
Dec 22, 2023	$0.42612	Dec 22, 2023
Dec 23, 2022	$0.8888	Dec 23, 2022
Dec 23, 2021	$1.21174	Dec 23, 2021
Dec 24, 2020	$0.17184	Dec 24, 2020

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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