PGIM Balanced Fund (PABFX) belongs to the Diversified Portfolio category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with PABFX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PABFX
PABFX charges 0.78% annually. There are 334 mutual funds in the Diversified Portfolio category with lower expense ratios, going as low as 0.02%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Fidelity 70% Allocation Fund | 0.02% | — | Jan 2022 | PABFX vs FRGAX | |
| PGIM 60/40 Allocation Fund | 0.03% | — | Sep 2017 | PABFX vs PALDX | |
| TIAA-CREF Lifestyle Aggressive Growth Fund | 0.04% | — | Dec 2011 | PABFX vs TSAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | 0.05% | 12.30B | Sep 1994 | PABFX vs VTMFX | |
| Baron WealthBuilder Fund | 0.05% | — | Dec 2017 | PABFX vs BWBIX |
Best Risk-Adjusted Alternatives to PABFX
PABFX has a PortfoliosLab risk / return rank of 76. There are 97 mutual funds in the Diversified Portfolio category with higher risk-adjusted ranks, going as high as 99.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 99 | — | Nov 2003 | PABFX vs STDAX | |
| Thornburg Investment Income Builder Fund Class I | 98 | — | Dec 2002 | PABFX vs TIBIX | |
| Nuveen Flexible Income Fund | 97 | — | Dec 2009 | PABFX vs NWQIX | |
| Allspring Diversified Capital Builder Fund | 95 | — | Jan 1998 | PABFX vs EKBAX | |
| Pioneer Balanced ESG Fund | 95 | — | Dec 1991 | PABFX vs AYBLX |
Top Performing PABFX Alternatives (YTD)
PABFX is at 7.70% YTD. There are 198 mutual funds in the Diversified Portfolio category with higher YTD returns, going as high as 38.34%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Allspring Diversified Capital Builder Fund | 38.34% | — | Jan 1998 | PABFX vs EKBAX | |
| Greenspring Fund | 21.91% | — | Jun 1983 | PABFX vs GRSPX | |
| MH Elite Small Cap Fund of Funds Fund | 20.27% | — | Aug 1998 | PABFX vs MHELX | |
| Thornburg Investment Income Builder Fund Class I | 17.52% | — | Dec 2002 | PABFX vs TIBIX | |
| Sound Mind Investing Fund | 15.84% | — | Dec 2005 | PABFX vs SMIFX |
Lowest Volatility Alternatives to PABFX
PABFX has 8.91% 1-year volatility. There are 308 mutual funds in the Diversified Portfolio category with lower 1-year volatility, going as low as 0.85%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | 0.85% | — | Nov 2003 | PABFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | 2.83% | — | Apr 2012 | PABFX vs SCLAX | |
| SEI Asset Allocation Trust Conservative Strategy F... | 2.86% | — | Nov 2003 | PABFX vs SICIX | |
| Ave Maria Bond Fund | 2.99% | — | Apr 2003 | PABFX vs AVEFX | |
| American Funds College 2027 Fund | 3.14% | — | Sep 2012 | PABFX vs CSTAX |
Lowest Drawdown Alternatives to PABFX
PABFX has a 1-year max drawdown of -6.74%. There are 323 mutual funds in the Diversified Portfolio category with shallower 1-year drawdowns, going as shallow as -0.36%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| SEI Asset Allocation Trust Defensive Strategy Allo... | -0.36% | — | Nov 2003 | PABFX vs STDAX | |
| SEI Institutional Managed Trust Multi-Asset Capita... | -2.32% | — | Apr 2012 | PABFX vs SCLAX | |
| DFA Global Allocation 25/75 Portfolio | -2.64% | — | Dec 2003 | PABFX vs DGTSX | |
| SEI Asset Allocation Trust Conservative Strategy F... | -2.65% | — | Nov 2003 | PABFX vs SICIX | |
| Fidelity Strategic Real Return Fund Class K6 | -2.68% | — | Sep 2005 | PABFX vs FSRKX |
Other Mutual Funds from PGIM
The 10 most viewed PGIM mutual funds shown here include PJFAX, PHYQX, PTRQX and span 7 categories.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| PGIM Jennison Growth Fund | Large Cap Growth Equities | 12 | 4.02% | — | Nov 1995 | PABFX vs PJFAX | |
| PGIM High Yield Fund Class R6 | High Yield Bonds | 69 | 1.64% | — | Oct 2011 | PABFX vs PHYQX | |
| PGIM Total Return Bond R6 | Intermediate Core-Plus Bond | 24 | 0.43% | — | Dec 2010 | PABFX vs PTRQX | |
| PGIM Short Duration Multi-Sector Bond Fund | Short-Term Bond | 50 | 0.81% | — | Dec 2013 | PABFX vs SDMZX | |
| PGIM Total Return Bond Fund Class Z | Intermediate Core-Plus Bond | 23 | 0.38% | — | Jan 1997 | PABFX vs PDBZX | |
| PGIM Floating Rate Income Fund | Bank Loan | 96 | 2.29% | — | Mar 2011 | PABFX vs FRFZX | |
| PGIM Short Duration High Yield Income Fund | High Yield Bonds | 68 | 1.37% | — | Oct 2012 | PABFX vs HYSZX | |
| PGIM High Yield Fund | High Yield Bonds | 65 | 1.48% | — | Jan 1990 | PABFX vs PBHAX | |
| PGIM Jennison International Opportunities Fund | Foreign Large Cap Equities | 17 | 19.37% | — | Jun 2012 | PABFX vs PWJZX | |
| PGIM Jennison Small Company Fund | Small Cap Growth Equities | 60 | 16.96% | — | Jan 1990 | PABFX vs PGOAX |
Often Compared With PABFX
Investors most often compare PABFX with PABAX, ABALX, CONWX. These 20 comparison targets span 4 categories, based on PortfoliosLab usage data.
Compare PABFX with Any Fund or Stock
Compare PABFX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PABFX with funds that move differently
PGIM Balanced Fund alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PABFX.
Explore PABFX Diversifiers