PGIM Target Date 2060 Fund Class R3 (PDLFX)
| Fund Assets | 10.74M |
| Expense Ratio | 0.60% |
| Min. Investment | $0.00 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.65 |
| Dividend Yield | 4.21% |
| Dividend Growth | -49.05% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 15.57 |
| YTD Return | 0.06% |
| 1-Year Return | 19.66% |
| 5-Year Return | 56.95% |
| 52-Week Low | 12.04 |
| 52-Week High | 16.55 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Dec 13, 2016 |
About PDLFX
The PGIM Target Date 2060 Fund is a multi-asset class portfolio designed to balance growth and capital conservation. It serves investors anticipating retirement around the year 2060, offering a dynamic asset allocation strategy that gradually shifts towards more conservative investments as the target date approaches. This fund invests in a diversified mix of equity, fixed income, and non-traditional assets, such as commodities and real estate. By adjusting its investment mix over time, the fund aims to manage risk effectively across various stages of retirement planning, ensuring a balance between accumulation, preservation, and income protection. It plays a significant role in retirement portfolios by providing a structured approach to long-term financial planning, catering to participants seeking a disciplined strategy to manage their retirement assets effectively.
Performance
PDLFX had a total return of 19.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.76%.
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 | $0.65357 | Dec 23, 2025 |
| Dec 23, 2024 | $1.28287 | Dec 23, 2024 |
| Dec 22, 2023 | $0.44483 | Dec 22, 2023 |
| Dec 23, 2022 | $0.93111 | Dec 23, 2022 |
| Dec 23, 2021 | $1.23522 | Dec 23, 2021 |
| Dec 24, 2020 | $0.18988 | Dec 24, 2020 |