PGIM Balanced Fund (PABFX)
The fund invests in a portfolio of equity, fixed-income and money market securities that is actively managed to capitalize on opportunities created by perceived misvaluation. It will invest 45% to 70% of its total assets in equity and equity-related securities. Under normal circumstances, 30% to 55% of the fund's total assets are invested in fixed income securities. It may invest up to 15% of its total assets in equity-related securities of small companies.
Fund Info
US74437E8599
74437E859
Jan 3, 1993
$0
Large-Cap
Blend
Expense Ratio
PABFX features an expense ratio of 0.78%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in PGIM Balanced Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
PGIM Balanced Fund had a return of 3.14% year-to-date (YTD) and 8.66% in the last 12 months. Over the past 10 years, PGIM Balanced Fund had an annualized return of 3.32%, while the S&P 500 had an annualized return of 11.31%, indicating that PGIM Balanced Fund did not perform as well as the benchmark.
PABFX
3.14%
1.92%
-1.27%
8.66%
3.88%
3.32%
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of PABFX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.12% | 3.14% | |||||||||||
| 2024 | 0.78% | 2.92% | 2.81% | -3.45% | 3.80% | 1.79% | 1.84% | 1.81% | 1.59% | -2.02% | 3.20% | -7.12% | 7.62% |
| 2023 | 5.55% | -2.47% | 2.05% | 0.72% | -0.52% | 4.16% | 2.21% | -1.36% | -3.43% | -2.48% | 7.43% | 4.70% | 17.08% |
| 2022 | -3.21% | -1.98% | 0.47% | -6.23% | 0.51% | -6.55% | 5.68% | -3.26% | -7.64% | 4.03% | 5.33% | -3.37% | -16.07% |
| 2021 | 0.17% | 1.09% | 2.79% | 3.15% | 1.23% | 0.83% | 1.37% | 1.46% | -3.09% | 3.13% | -1.08% | -7.21% | 3.39% |
| 2020 | -0.25% | -5.24% | -11.66% | 8.42% | 3.68% | 2.51% | 3.67% | 3.04% | -2.57% | -1.62% | 7.58% | 2.73% | 8.90% |
| 2019 | 5.61% | 1.75% | 1.23% | 2.23% | -4.10% | 4.95% | 0.77% | -0.89% | 1.21% | 1.59% | 2.32% | -0.01% | 17.57% |
| 2018 | 2.89% | -2.93% | -1.10% | -0.00% | 1.78% | 0.03% | 2.20% | 1.91% | -0.17% | -5.15% | 1.02% | -10.30% | -10.14% |
| 2017 | 1.02% | 2.55% | -0.04% | 0.92% | 0.84% | 0.44% | 1.48% | 0.51% | 1.69% | 1.37% | 1.66% | -3.16% | 9.57% |
| 2016 | -2.87% | -0.07% | 5.12% | 0.34% | 0.69% | 0.33% | 3.07% | 0.07% | 0.23% | -1.52% | 1.68% | -1.90% | 5.03% |
| 2015 | -0.92% | 3.43% | -0.57% | 0.19% | 0.58% | -1.52% | 1.43% | -3.79% | -1.24% | 4.95% | 0.06% | -7.25% | -5.07% |
| 2014 | -1.48% | 3.27% | 0.63% | 0.82% | 1.93% | 1.28% | -1.15% | 2.93% | -1.60% | 1.81% | 1.48% | -9.37% | -0.10% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PABFX is 44, indicating average performance compared to other mutual funds on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for PGIM Balanced Fund (PABFX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
PGIM Balanced Fund provided a 2.49% dividend yield over the last twelve months, with an annual payout of $0.45 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.45 | $0.45 | $0.39 | $0.31 | $0.31 | $0.26 | $0.28 | $0.26 | $0.23 | $0.27 | $0.23 | $0.25 |
Dividend yield | 2.49% | 2.57% | 2.35% | 2.10% | 1.74% | 1.46% | 1.72% | 1.87% | 1.44% | 1.82% | 1.59% | 1.63% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM Balanced Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.17 | $0.45 |
| 2023 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.14 | $0.39 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.11 | $0.31 |
| 2021 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.12 | $0.31 |
| 2020 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.26 |
| 2019 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.09 | $0.28 |
| 2018 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.10 | $0.26 |
| 2017 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.23 |
| 2016 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.27 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.07 | $0.23 |
| 2014 | $0.25 | $0.25 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM Balanced Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the PGIM Balanced Fund was 45.40%, occurring on Mar 9, 2009. Recovery took 869 trading sessions.
The current PGIM Balanced Fund drawdown is 5.00%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -45.4% | Oct 10, 2007 | 354 | Mar 9, 2009 | 869 | Aug 17, 2012 | 1223 |
| -28.75% | Nov 9, 2021 | 235 | Oct 14, 2022 | 466 | Aug 23, 2024 | 701 |
| -27.36% | May 22, 2001 | 344 | Oct 9, 2002 | 300 | Dec 18, 2003 | 644 |
| -26.46% | Feb 13, 2020 | 27 | Mar 23, 2020 | 107 | Aug 24, 2020 | 134 |
| -19.68% | Nov 28, 2014 | 303 | Feb 11, 2016 | 427 | Oct 20, 2017 | 730 |
Volatility
Volatility Chart
The current PGIM Balanced Fund volatility is 2.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.