- ISIN
- US74440V7249
- Issuer
- PGIM
- Inception Date
- Sep 12, 2017
- Category
- Diversified Portfolio
- Min. Investment
- $0
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
PALDX Performance Chart
PGIM 60/40 Allocation Fund (PALDX) is up 6.5% since the beginning of the year. PALDX is currently trading at $15 per share. Investors who bought $1,000 worth of PALDX shares 5 years ago would now be looking at an investment worth $1,541.
Loading charts...
Returns By Period
PGIM 60/40 Allocation Fund (PALDX) has returned 6.47% so far this year and 16.34% over the past 12 months.
PGIM 60/40 Allocation Fund
- 1D
- 0.20%
- 1M
- -0.93%
- YTD
- 6.47%
- 6M
- 5.64%
- 1Y
- 16.34%
- 3Y*
- 16.14%
- 5Y*
- 9.03%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.05%
- 1M
- -2.77%
- YTD
- 7.43%
- 6M
- 6.12%
- 1Y
- 19.13%
- 3Y*
- 18.87%
- 5Y*
- 11.43%
- 10Y*
- 13.70%
PALDX Monthly Returns History
Based on dividend-adjusted daily data since Sep 13, 2017, PALDX's average daily return is +0.04%, while the average monthly return is +0.85%. At this rate, an investment would double in approximately 6.8 years.
Historically, 70% of months were positive and 30% were negative. The best month was Apr 2020 with a return of +9.1%, while the worst month was Mar 2020 at -11.2%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PALDX closed higher 50% of trading days. The best single day was Dec 20, 2024 with a return of +10.1%, while the worst single day was Mar 12, 2020 at -6.9%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.49% | 0.42% | -3.63% | 6.37% | 2.86% | -0.93% | 6.47% | ||||||
| 2025 | 1.99% | -0.30% | -4.22% | -0.47% | 3.95% | 3.57% | 1.39% | 2.10% | 2.41% | 1.73% | 0.54% | 0.40% | 13.62% |
| 2024 | 1.40% | 3.17% | 2.68% | -3.52% | 3.73% | 2.60% | 1.57% | 1.76% | 1.52% | -1.56% | 3.83% | 0.58% | 18.96% |
| 2023 | 5.23% | -2.53% | 2.69% | 0.81% | 0.18% | 4.47% | 1.88% | -0.92% | -3.64% | -2.02% | 7.63% | 4.32% | 18.90% |
| 2022 | -3.17% | -1.95% | 0.95% | -6.30% | 0.42% | -6.37% | 6.35% | -3.28% | -7.65% | 4.43% | 4.69% | -3.81% | -15.65% |
| 2021 | -0.08% | 0.58% | 2.94% | 3.41% | 1.00% | 1.37% | 1.87% | 1.55% | -3.19% | 3.74% | -0.51% | 2.72% | 16.30% |
Benchmark Metrics
PGIM 60/40 Allocation Fund has an annualized alpha of 2.94%, beta of 0.53, and R2 of 0.63 versus S&P 500 Index. Calculated based on daily prices since September 13, 2017.
- This fund participated in 70.91% of S&P 500 Index downside but only 65.88% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.94% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.53 indicates this fund moves significantly less than S&P 500 Index - a genuinely defensive profile with reduced participation in both market rallies and downturns.
- Alpha
- 2.94%
- Beta
- 0.53
- R²
- 0.63
- Upside Capture
- 65.88%
- Downside Capture
- 70.91%
Expense Ratio
PALDX has an expense ratio of 0.03%, which is considered low.
Return for Risk
Risk / Return Rank
PALDX 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.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for PGIM 60/40 Allocation Fund (PALDX) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| PALDX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.52 | ||
| Sortino ratioReturn per unit of downside risk | +0.80 | ||
| Omega ratioGain probability vs. loss probability | 1.39 | 1.29 | +0.11 |
| Calmar ratioReturn relative to maximum drawdown | 2.96 | 2.18 | +0.77 |
| Martin ratioReturn relative to average drawdown | 13.58 | 9.54 | +4.03 |
Dividends
Dividend History
PGIM 60/40 Allocation Fund provided a 5.09% dividend yield over the last twelve months, with an annual payout of $0.76 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.76 | $0.76 | $1.36 | $0.36 | $0.65 | $0.91 | $0.31 | $0.52 | $0.35 | $0.15 |
Dividend yield | 5.09% | 5.42% | 10.40% | 2.94% | 6.19% | 6.87% | 2.58% | 4.58% | 3.65% | 1.48% |
Monthly Dividends
The table displays the monthly dividend distributions for PGIM 60/40 Allocation 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.76 | $0.76 |
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.36 | $1.36 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.36 | $0.36 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 | $0.65 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.91 | $0.91 |
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.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the PGIM 60/40 Allocation 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 60/40 Allocation Fund was 26.16%, occurring on Mar 23, 2020. Recovery took 95 trading sessions.
The current PGIM 60/40 Allocation Fund drawdown is 1.32%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
COVID crash2020 | -26.16%Mar 2020 | 1mo 9d | 4mo 16d | 5mo 25dFeb 2020 - Aug 2020 |
Bear market2022 | -20.47%Oct 2022 | 9mo 20d | 1y 2mo | 1y 12moDec 2021 - Dec 2023 |
2025 selloff2025 | -16.06%Apr 2025 | 3mo 16d | 4mo 6d | 7mo 22dDec 2024 - Aug 2025 |
Rate-hike selloffLate 2018 | -12.57%Dec 2018 | 3mo 26d | 3mo 8d | 7mo 4dAug 2018 - Apr 2019 |
2018 pullback2018 | -6.90%Feb 2018 | 10d | 6mo 13d | 6mo 23dJan 2018 - Aug 2018 |
Drawdown Indicators
| PALDX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -26.16% | -56.78% | +30.62% |
Max Drawdown (1Y)Largest decline over 1 year | -5.96% | -9.10% | +3.14% |
Max Drawdown (3Y)Largest decline over 3 years | -16.06% | -18.90% | +2.84% |
Max Drawdown (5Y)Largest decline over 5 years | -20.47% | -25.43% | +4.96% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.32% | -3.36% | +2.04% |
Average DrawdownAverage peak-to-trough decline | -4.06% | -10.71% | +6.65% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 1.30% | 2.07% | -0.77% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with PALDX
Add PGIM 60/40 Allocation Fund to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with PALDX