PGIM Balanced Fund (PABFX)

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PGIM Balanced Fund (PABFX) is up 7.9% since the beginning of the year. PABFX is currently trading at $20 per share. Investors who bought $1,000 worth of PABFX shares 5 years ago would now be looking at an investment worth $1,556.

PGIM Balanced Fund (PABFX) has returned 7.94% so far this year and 21.57% over the past 12 months. Over the last ten years, PABFX has returned 9.81% per year, falling short of the S&P 500 Index benchmark, which averaged 13.66% annually.

Based on dividend-adjusted daily data since Dec 31, 1992, PABFX's average daily return is +0.03%, while the average monthly return is +0.68%. At this rate, an investment would double in approximately 8.5 years.

Historically, 66% of months were positive and 34% were negative. The best month was Apr 2020 with a return of +8.4%, while the worst month was Oct 2008 at -12.9%. The longest winning streak lasted 12 consecutive months, and the longest losing streak was 5 months.

On a daily basis, PABFX closed higher 52% of trading days. The best single day was Dec 20, 2024 with a return of +11.7%, while the worst single day was Mar 12, 2020 at -6.7%.

PGIM Balanced Fund has an annualized alpha of 2.35%, beta of 0.58, and R2 of 0.88 versus S&P 500 Index. Calculated based on daily prices since January 04, 1993.

• This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (65.70%) than losses (64.84%) - typical of diversified or defensive assets.
• This fund generated an annualized alpha of 2.35% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
• Beta of 0.58 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.

PABFX has an expense ratio of 0.78%, placing it in the medium range.

PABFX ranks 76 for risk / return — better than 76% of mutual funds on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for PGIM Balanced Fund (PABFX) and compare them to S&P 500 Index.

PGIM Balanced Fund provided a 8.82% dividend yield over the last twelve months, with an annual payout of $1.75 per share.

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.

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.

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 40.90%, occurring on Mar 9, 2009. Recovery took 523 trading sessions.

The current PGIM Balanced Fund drawdown is 0.10%.

The chart below shows the rolling one-month volatility.