About PUDAX
PGIM Real Assets Fund Class A is a mutual fund designed to pursue long-term real return by investing primarily in a diversified portfolio of real assets. The fund's core strategy centers on a quantitative asset allocation approach, targeting securities that are sensitive to inflation and aiming to provide a hedge against rising prices. Its portfolio reflects a broad mix, with significant allocations to sectors such as real estate, energy, utilities, and industrials, making it well-positioned to address various inflationary environments. Notably, the fund includes exposure to Treasury Inflation-Protected Securities (TIPS), real estate investment trusts, commodities strategies, and infrastructure assets, offering multi-asset diversification. The fund is categorized under moderate allocation, balancing capital appreciation with income objectives. By focusing on assets likely to perform well during inflationary periods, PGIM Real Assets Fund Class A serves as a strategic component for investors seeking to preserve purchasing power and diversify portfolios beyond traditional stocks and bonds.
Fund Family PGIM Investments
Category Allocation--50% to 70% Equity
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol PUDAX
Share Class Class A
Index Index is not available on Lipper Database
PUDAX had a total return of 11.57% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.28%.
