About PIBAX
PGIM Balanced Fund Class A is a moderate allocation mutual fund designed to provide investors with a balance of income and long-term capital growth. The fund actively manages a diversified portfolio containing both equity securities and fixed-income instruments, typically allocating 45% to 70% of its assets to equities and 30% to 55% to bonds. Its equity holdings include leading companies from technology, consumer cyclical, and communication services sectors, such as Apple, NVIDIA, Microsoft, Amazon, and Alphabet, while its bond component features core-plus and credit-leaning strategies, integrating government, corporate, and international issuers. The fund’s quantitative equity mandate, combined with an actively managed fixed-income sleeve, enables it to capitalize on opportunities created by perceived misvaluations and broader market trends. With a medium credit quality and moderate interest rate sensitivity, PGIM Balanced Fund Class A serves investors who seek diversified exposure to both growth-oriented stocks and income-generating bonds, making it a relevant choice for those pursuing balanced risk and return in a single fund structure.
Fund Family PGIM
Category Allocation--50% to 70% Equity
Performance Rating Above Average
Risk Rating Above Average
Stock Exchange Nasdaq
Ticker Symbol PIBAX
Share Class Class A
Index S&P 500 TR
PIBAX had a total return of 9.56% in the past year, including dividends. Since the fund's
inception, the average annual return has been 8.29%.
