- ISIN
- US74445D5059
- Issuer
- PGIM
- Inception Date
- Dec 12, 2016
- Category
- Target Retirement Date
- Min. Investment
- $2,500
- Distribution Policy
- Distributing
- Asset Class
- Multi-Asset
- Asset Class Size
- Large-Cap
- Asset Class Style
- Blend
Share Price Chart
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Performance
PDAHX Performance Chart
Prudential Day One Income Fund (PDAHX) is up 5.1% since the beginning of the year. PDAHX is currently trading at $11 per share. Investors who bought $1,000 worth of PDAHX shares 5 years ago would now be looking at an investment worth $1,257.
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Returns By Period
Prudential Day One Income Fund (PDAHX) has returned 5.13% so far this year and 11.81% over the past 12 months.
Prudential Day One Income Fund
- 1D
- -0.27%
- 1M
- 0.64%
- YTD
- 5.13%
- 6M
- 5.18%
- 1Y
- 11.81%
- 3Y*
- 9.81%
- 5Y*
- 4.68%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.41%
- 1M
- 4.48%
- YTD
- 10.79%
- 6M
- 10.60%
- 1Y
- 27.02%
- 3Y*
- 21.07%
- 5Y*
- 12.39%
- 10Y*
- 13.65%
PDAHX Monthly Returns History
Based on dividend-adjusted daily data since Jan 3, 2017, PDAHX's average daily return is +0.02%, while the average monthly return is +0.49%. At this rate, an investment would double in approximately 11.8 years.
Historically, 71% of months were positive and 29% were negative. The best month was Nov 2023 with a return of +4.6%, while the worst month was Mar 2020 at -7.1%. The longest winning streak lasted 10 consecutive months, and the longest losing streak was 3 months.
On a daily basis, PDAHX closed higher 49% of trading days. The best single day was Mar 24, 2020 with a return of +3.0%, while the worst single day was Mar 17, 2020 at -4.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.61% | 1.78% | -2.31% | 3.40% | 0.82% | -0.18% | 5.13% | ||||||
| 2025 | 1.60% | 1.28% | -0.80% | 0.10% | 1.08% | 2.05% | 0.10% | 1.82% | 1.46% | 0.75% | 0.75% | -0.23% | 10.37% |
| 2024 | 0.10% | 0.40% | 1.78% | -2.37% | 2.53% | 0.91% | 1.78% | 1.65% | 1.77% | -1.98% | 1.93% | -0.39% | 8.27% |
| 2023 | 3.80% | -2.24% | 1.80% | 0.62% | -1.33% | 1.84% | 1.43% | -1.01% | -2.61% | -1.58% | 4.60% | 3.56% | 8.89% |
| 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% | 1.68% | 0.49% | -1.60% | 2.10% | -0.66% | 1.62% | 9.21% |
Benchmark Metrics
Prudential Day One Income Fund has an annualized alpha of 2.22%, beta of 0.25, and R2 of 0.52 versus S&P 500 Index. Calculated based on daily prices since January 04, 2017.
- This fund participated in 43.60% of S&P 500 Index downside but only 35.53% of its upside - more exposed to losses than it benefited from rallies.
- This fund generated an annualized alpha of 2.22% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- Beta of 0.25 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
- 2.22%
- Beta
- 0.25
- R²
- 0.52
- Upside Capture
- 35.53%
- Downside Capture
- 43.60%
Expense Ratio
PDAHX has an expense ratio of 0.16%, which is considered low.
Return for Risk
Risk / Return Rank
PDAHX ranks 85 for risk / return — in the top 85% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Prudential Day One Income Fund (PDAHX) and compare them to S&P 500 Index.
| PDAHX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.50 | ||
| Sortino ratioReturn per unit of downside risk | +0.93 | ||
| Omega ratioGain probability vs. loss probability | 1.55 | 1.41 | +0.13 |
| Calmar ratioReturn relative to maximum drawdown | 3.48 | 2.98 | +0.49 |
| Martin ratioReturn relative to average drawdown | 16.56 | 13.78 | +2.78 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Prudential Day One Income Fund provided a 4.61% dividend yield over the last twelve months, with an annual payout of $0.51 per share.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.51 | $0.52 | $0.74 | $0.35 | $0.74 | $0.89 | $0.25 | $0.46 | $0.37 | $0.20 |
Dividend yield | 4.61% | 4.92% | 7.35% | 3.54% | 7.78% | 7.72% | 2.22% | 4.25% | 3.70% | 1.88% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.00 | $0.04 | ||||||
| 2025 | $0.00 | $0.00 | $0.05 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.12 | $0.00 | $0.00 | $0.25 | $0.52 |
| 2024 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.11 | $0.00 | $0.00 | $0.09 | $0.00 | $0.00 | $0.50 | $0.74 |
| 2023 | $0.00 | $0.00 | $0.03 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.17 | $0.35 |
| 2022 | $0.00 | $0.00 | $0.04 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.10 | $0.00 | $0.00 | $0.50 | $0.74 |
| 2021 | $0.00 | $0.00 | $0.02 | $0.00 | $0.00 | $0.06 | $0.00 | $0.00 | $0.08 | $0.00 | $0.00 | $0.74 | $0.89 |
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.
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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 20, 2022. Recovery took 430 trading sessions.
The current Prudential Day One Income Fund drawdown is 0.27%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -15.65%Oct 2022 | 11mo 14d | 1y 8mo | 2y 8moNov 2021 - Jul 2024 |
COVID crash2020 | -15.47%Mar 2020 | 26d | 4mo 13d | 5mo 9dFeb 2020 - Jul 2020 |
Rate-hike selloffLate 2018 | -6.31%Dec 2018 | 3mo 26d | 2mo 19d | 6mo 15dAug 2018 - Mar 2019 |
2025 selloff2025 | -5.08%Apr 2025 | 1mo 6d | 1mo 8d | 2mo 14dMar 2025 - May 2025 |
2018 pullback2018 | -3.90%Feb 2018 | 10d | 6mo 20d | 7moJan 2018 - Aug 2018 |
Drawdown Indicators
| PDAHX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -15.65% | -56.78% | +41.13% |
Max Drawdown (1Y)Largest decline over 1 year | -3.51% | -9.10% | +5.59% |
Max Drawdown (3Y)Largest decline over 3 years | -5.61% | -18.90% | +13.29% |
Max Drawdown (5Y)Largest decline over 5 years | -15.65% | -25.43% | +9.78% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.27% | -0.33% | +0.06% |
Average DrawdownAverage peak-to-trough decline | -2.67% | -10.72% | +8.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.73% | 1.97% | -1.24% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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