Prudential Day One Income Fund (PDAHX)

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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.

Prudential Day One Income Fund (PDAHX) has returned 0.08% so far this year and 8.21% over the past 12 months.

Based on dividend-adjusted daily data since Jan 3, 2017, PDAHX's average daily return is +0.02%, while the average monthly return is +0.45%. At this rate, your investment would double in approximately 12.9 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%.

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 43.75% of S&P 500 Index downside but only 36.38% 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.

PDAHX has an expense ratio of 0.16%, which is considered low.

PDAHX ranks 80 for risk / return — in the top 80% 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.

The table below present risk-adjusted performance metrics for Prudential Day One Income Fund (PDAHX) and compare them to a chosen benchmark (S&P 500 Index).

Prudential Day One Income Fund provided a 4.85% dividend yield over the last twelve months, with an annual payout of $0.51 per share.

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.

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 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 3.23%.

The chart below shows the rolling one-month volatility.