PGIM Target Date 2065 R2 (PDODX)
| Fund Assets | 1.34M |
| Expense Ratio | 0.75% |
| Min. Investment | $0.00 |
| Turnover | 47.00% |
| Dividend (ttm) | 0.86 |
| Dividend Yield | 5.94% |
| Dividend Growth | 362.82% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 23, 2024 |
| Previous Close | 14.44 |
| YTD Return | 18.75% |
| 1-Year Return | 14.32% |
| 5-Year Return | 63.51% |
| 52-Week Low | 10.78 |
| 52-Week High | 14.47 |
| Beta (5Y) | n/a |
| Holdings | 9 |
| Inception Date | Dec 16, 2019 |
About PDODX
PGIM Target Date 2065 Fund Class R2 is a multi-asset mutual fund designed to support long-term retirement planning. Its primary function is to offer investors a professionally managed, diversified portfolio that automatically shifts its asset allocation, becoming more conservative as the target date—2065—approaches. The fund invests in a broad mix of asset classes, including both equities and fixed income, seeking a balance between growth and capital preservation over time. This fund is particularly suited for individuals planning to retire around 2065, as it manages the evolving risk and return needs associated with a long investment horizon. The portfolio utilizes a glide path strategy, adjusting its allocation to reduce exposure to higher-risk assets as retirement nears and into the retirement period itself. PGIM Target Date 2065 Fund Class R2 integrates both passive and actively managed components to optimize performance while managing costs. Its role in the financial market is to provide a simple, all-in-one retirement solution for participants in employer-sponsored retirement plans and individual investors who seek professional management and diversification throughout their journey toward and through retirement.
Performance
PDODX had a total return of 14.32% in the past year, including dividends. Since the fund's inception, the average annual return has been 14.50%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
| Symbol | Provider | Name | Expense Ratio |
|---|---|---|---|
| VLXVX | Vanguard | Vanguard Target Retirement 2065 Fund | 0.08% |
Top 10 Holdings
100.12% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 39.60% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 23.99% |
| PGIM Quant Solutions EMs Eq R6 | PQEMX | 10.56% |
| PGIM Quant Solutions Mid-Cap Index R6 | PQCCX | 9.58% |
| PGIM Jennison Small-Cap Core Equity R6 | PQJCX | 6.36% |
| PGIM Global Real Estate R6 | PGRQX | 4.89% |
| PGIM Total Return Bond R6 | PTRQX | 2.97% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 1.97% |
| PGIM Core Ultra Short Bond Fund | n/a | 0.20% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 23, 2024 | $0.8577 | Dec 23, 2024 |
| Dec 22, 2023 | $0.18532 | Dec 22, 2023 |
| Dec 23, 2022 | $0.4696 | Dec 23, 2022 |
| Dec 23, 2021 | $0.98086 | Dec 23, 2021 |
| Dec 24, 2020 | $0.08225 | Dec 24, 2020 |
| Dec 26, 2019 | $0.0471 | Dec 26, 2019 |