PGIM Target Date 2060 Fund Class R4 (PDLGX)
| Fund Assets | 10.74M |
| Expense Ratio | 0.50% |
| Min. Investment | $0.00 |
| Turnover | 46.00% |
| Dividend (ttm) | 0.67 |
| Dividend Yield | 4.12% |
| Dividend Growth | -48.20% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2025 |
| Previous Close | 16.30 |
| YTD Return | 4.89% |
| 1-Year Return | 21.11% |
| 5-Year Return | 60.14% |
| 52-Week Low | 11.55 |
| 52-Week High | 16.44 |
| Beta (5Y) | n/a |
| Holdings | 10 |
| Inception Date | Dec 13, 2016 |
About PDLGX
PGIM Target Date 2060 Fund Class R4 is a target date mutual fund designed to help investors plan for retirement around the year 2060. The fund aims to balance long-term capital growth with preservation of capital by employing a dynamic, multi-asset allocation strategy. Early in its lifecycle, the fund allocates a higher proportion to equities to pursue growth, gradually shifting towards more conservative investments, such as fixed income securities, as the target retirement date approaches. This glidepath adjustment is designed to manage risk and align with the evolving financial needs of investors as they near retirement. The fund diversifies across traditional and non-traditional asset classes, including commodities and real estate, to enhance resilience and address various market conditions. PGIM Quantitative Solutions LLC oversees the asset allocation, rebalancing the portfolio in accordance with the predetermined glidepath. The fund is intended for individuals seeking a single, professionally managed investment solution that evolves with their retirement timeline and is often used as a core holding in employer-sponsored retirement plans or other long-term investment strategies.
Performance
PDLGX had a total return of 21.11% in the past year, including dividends. Since the fund's inception, the average annual return has been 16.48%.
Top Holdings
| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index Fund - Class R6 | PQSIX | 38.16% |
| PGIM Quant Solutions International Developed Markets Index Fund-Class R6 | PQDMX | 24.83% |
| PGIM Quant Solutions Emerging Markets Equity Fund-Class R6 | PQEMX | 9.68% |
| PGIM Quant Solutions Mid-Cap Index Fund - Class R6 | PQCCX | 9.00% |
| PGIM Jennison Small-Cap Core Equity Fund-Class R6 | PQJCX | 6.33% |
| PGIM Global Real Estate Fund - Class R6 | PGRQX | 4.87% |
| PGIM Total Return Bond Fund - Class R6 | PTRQX | 3.92% |
| PGIM Quant Solutions Commodity Strategies Fund - Class R6 | PQCMX | 2.99% |
| Prudential Invt Portfolios 2 | n/a | 0.22% |
| Us Dollar | n/a | -0.00% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2025 | $0.67228 | Dec 23, 2025 |
| Dec 23, 2024 | $1.29783 | Dec 23, 2024 |
| Dec 22, 2023 | $0.45582 | Dec 22, 2023 |
| Dec 23, 2022 | $0.94458 | Dec 23, 2022 |
| Dec 23, 2021 | $1.24906 | Dec 23, 2021 |
| Dec 24, 2020 | $0.20133 | Dec 24, 2020 |