Prudential Day One Income Fund (PDAHX)
The fund pursues its objective by investing in a diversified portfolio of other mutual funds within the PGIM fund family that represent various asset classes and sectors. It will invest in underlying funds that provide exposure to equity, fixed income and non-traditional asset classes. Approximately 65% of the fund's assets will be allocated to underlying funds that provide exposure to fixed income investments, with the remainder invested in underlying funds that provide exposure to equity and equity-related securities and non-traditional asset classes.
Fund Info
| ISIN | US74445D5059 |
|---|---|
| Issuer | PGIM Funds (Prudential) |
| Inception Date | Dec 12, 2016 |
| Category | Target Retirement Date |
| Min. Investment | $2,500 |
| Asset Class | Multi-Asset |
Asset Class Size | Large-Cap |
Asset Class Style | Blend |
Expense Ratio
PDAHX has an expense ratio of 0.16%, which is considered low compared to other funds.
Share Price Chart
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Popular comparisons: PDAHX vs. DGRO
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Prudential Day One Income 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
Prudential Day One Income Fund had a return of 8.07% year-to-date (YTD) and 14.76% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 8.07% | 25.70% |
| 1 month | 0.29% | 3.51% |
| 6 months | 6.18% | 14.80% |
| 1 year | 14.76% | 37.91% |
| 5 years (annualized) | 4.54% | 14.18% |
| 10 years (annualized) | N/A | 11.41% |
Monthly Returns
The table below presents the monthly returns of PDAHX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.10% | 0.40% | 1.78% | -2.37% | 2.52% | 0.91% | 1.78% | 1.65% | 1.77% | -1.98% | 8.07% | ||
| 2023 | 3.80% | -2.24% | 1.80% | 0.62% | -1.33% | 1.84% | 1.43% | -1.01% | -2.61% | -1.58% | 4.60% | 3.25% | 8.57% |
| 2022 | -2.08% | -0.62% | 0.06% | -3.84% | -0.09% | -4.58% | 4.52% | -2.73% | -6.42% | 1.98% | 3.99% | -1.95% | -11.69% |
| 2021 | -0.18% | 0.44% | 0.66% | 2.52% | 0.93% | 0.91% | 1.67% | 0.49% | -1.60% | 2.10% | -0.66% | 1.62% | 9.21% |
| 2020 | 0.65% | -2.12% | -7.10% | 4.58% | 2.24% | 1.68% | 2.72% | 1.83% | -1.23% | -1.09% | 4.42% | 1.94% | 8.22% |
| 2019 | 3.74% | 0.78% | 1.55% | 0.95% | -0.85% | 2.59% | 0.28% | 0.93% | 0.17% | 0.93% | 0.73% | 1.07% | 13.58% |
| 2018 | 0.85% | -2.06% | 0.23% | 0.19% | 0.86% | 0.00% | 0.57% | 0.85% | -0.39% | -2.84% | 0.78% | -2.25% | -3.26% |
| 2017 | 0.60% | 1.79% | -0.14% | 0.69% | 0.59% | 0.02% | 0.97% | 0.68% | 0.49% | 0.76% | 0.76% | 0.95% | 8.46% |
| 2016 | -0.30% | -0.30% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDAHX is 68, suggesting that the investment has average results relative to other mutual funds in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Prudential Day One Income Fund (PDAHX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Prudential Day One Income Fund provided a 3.55% dividend yield over the last twelve months, with an annual payout of $0.37 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.32 | $0.49 | $0.69 | $0.19 | $0.29 | $0.30 | $0.19 |
Dividend yield | 3.55% | 3.25% | 5.15% | 5.96% | 1.68% | 2.64% | 3.02% | 1.83% |
Monthly Dividends
The table displays the monthly dividend distributions for Prudential Day One Income 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.24 | |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.14 | $0.32 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.25 | $0.49 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.54 | $0.69 |
| 2020 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.10 | $0.19 |
| 2019 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.15 | $0.29 |
| 2018 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.07 | $0.00 | $0.00 | $0.16 | $0.30 |
| 2017 | $0.05 | $0.00 | $0.00 | $0.01 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.12 | $0.19 |
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 Prudential Day One Income 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 Prudential Day One Income Fund was 15.65%, occurring on Oct 14, 2022. Recovery took 435 trading sessions.
The current Prudential Day One Income Fund drawdown is 0.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -15.65% | Nov 10, 2021 | 234 | Oct 14, 2022 | 435 | Jul 11, 2024 | 669 |
| -15.47% | Feb 21, 2020 | 19 | Mar 18, 2020 | 92 | Jul 29, 2020 | 111 |
| -6.31% | Aug 30, 2018 | 80 | Dec 24, 2018 | 53 | Mar 13, 2019 | 133 |
| -3.9% | Jan 29, 2018 | 9 | Feb 8, 2018 | 138 | Aug 27, 2018 | 147 |
| -3.1% | Sep 3, 2020 | 41 | Oct 30, 2020 | 8 | Nov 11, 2020 | 49 |
Volatility
Volatility Chart
The current Prudential Day One Income Fund volatility is 1.41%, 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.