PGIM Moderate Retirement Spending R6 (PGFMX)
| Fund Assets | 5.94M |
| Expense Ratio | 0.35% |
| Min. Investment | $0.00 |
| Turnover | 15.00% |
| Dividend (ttm) | 0.56 |
| Dividend Yield | 4.79% |
| Dividend Growth | 31.38% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 6, 2026 |
| Previous Close | 11.79 |
| YTD Return | 8.18% |
| 1-Year Return | 14.66% |
| 5-Year Return | n/a |
| 52-Week Low | 10.79 |
| 52-Week High | 11.88 |
| Beta (5Y) | n/a |
| Holdings | 14 |
| Inception Date | n/a |
About PGFMX
PGIM Moderate Retirement Spending Fund Class R6 is a mutual fund designed to offer a balanced approach between capital growth and preservation, with an eye toward supporting retirement spending needs. As a fund-of-funds, it allocates approximately 60% of its assets to underlying funds focused on both equity and fixed income securities, as well as certain non-traditional asset classes, providing broad diversification across the capital markets. Its moderate allocation aims to capture growth potential while managing downside risks, making it particularly suitable for retirees or investors in the decumulation phase seeking a steady distribution profile. The fund leverages the asset allocation expertise of PGIM Investments and maintains a competitive net expense ratio of 0.35%. Notable features include a low turnover ratio of around 14% and a dividend yield near 3.8%, supporting regular distributions as part of its retirement-oriented strategy. Launched in April 2024, this fund plays a specialized role in the market by targeting investors who require a moderate and sustainable drawdown strategy throughout retirement.
Performance
PGFMX had a total return of 14.66% in the past year, including dividends. Since the fund's inception, the average annual return has been 12.32%.
Top 10 Holdings
92.83% of assets| Name | Symbol | Weight |
|---|---|---|
| PGIM Quant Solutions Large-Cap Index R6 | PQSIX | 19.35% |
| PGIM Core Conservative Bond R6 | PQCNX | 15.18% |
| PGIM Jennison Global Infrastructure Fund | PGJQX | 10.28% |
| PGIM TIPS R6 | PQTSX | 9.17% |
| PGIM US Real Estate R6 | PJEQX | 8.64% |
| PGIM Quant Solutions Intl Dev Mkts IdxR6 | PQDMX | 7.78% |
| Prudential Investment Portfolios 2 PGIM CRE ULT SHR | n/a | 7.08% |
| Vanguard Long-Term Bond ETF | BLV | 5.97% |
| PGIM Quant Solutions Commodity Strats R6 | PQCMX | 5.20% |
| PGIM Global Real Estate R6 | PGRQX | 4.18% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 6, 2026 | $0.02451 | Jul 6, 2026 |
| Jun 5, 2026 | $0.02329 | Jun 5, 2026 |
| May 8, 2026 | $0.03109 | May 8, 2026 |
| Apr 8, 2026 | $0.00779 | Apr 8, 2026 |
| Dec 24, 2025 | $0.37318 | Dec 24, 2025 |
| Nov 7, 2025 | $0.03042 | Nov 7, 2025 |