Prudential Day One 2030 Fund (PDFEX)
The investment seeks a balance between growth and conservation of capital. The fund pursues its objective by investing in a diversified portfolio of other mutual funds within the PGIM fund family (collectively, "underlying funds") 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. The fund is designed for investors expecting to retire in or close to the year 2030 (the "target date").
Fund Info
| ISIN | US74445D6388 |
|---|---|
| CUSIP | 74445D638 |
| Issuer | PGIM Investments |
| 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
PDFEX has a high expense ratio of 0.49%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Prudential Day One 2030 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 2030 Fund had a return of 3.11% year-to-date (YTD) and 7.40% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.11% | 9.47% |
| 1 month | 0.87% | 1.91% |
| 6 months | 6.71% | 18.36% |
| 1 year | 7.40% | 26.61% |
| 5 years (annualized) | 5.69% | 12.90% |
| 10 years (annualized) | N/A | 10.79% |
Monthly Returns
The table below presents the monthly returns of PDFEX, 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 | -0.18% | 1.51% | 2.19% | -2.74% | 3.11% | ||||||||
| 2023 | 4.91% | -2.57% | 1.88% | 0.74% | -1.38% | 3.26% | 1.98% | -1.41% | -3.23% | -2.04% | 5.86% | 0.54% | 8.37% |
| 2022 | -2.91% | -1.02% | 0.87% | -5.05% | 0.08% | -6.22% | 5.75% | -3.26% | -7.70% | 3.94% | 5.14% | -3.03% | -13.56% |
| 2021 | -0.08% | 1.45% | 1.99% | 3.27% | 1.21% | 0.89% | 1.55% | 1.16% | -2.66% | 3.32% | -1.36% | 2.92% | 14.36% |
| 2020 | -0.26% | -4.68% | -10.74% | 7.24% | 3.52% | 2.11% | 3.42% | 3.30% | -2.19% | -1.46% | 7.25% | 3.06% | 9.48% |
| 2019 | 5.89% | 1.67% | 1.37% | 2.07% | -2.91% | 3.81% | 0.35% | -0.61% | 1.23% | 1.65% | 1.62% | 1.86% | 19.27% |
| 2018 | 2.83% | -3.27% | -0.62% | 0.45% | 1.34% | -0.18% | 1.76% | 1.30% | -0.09% | -4.96% | 1.08% | -5.46% | -6.04% |
| 2017 | 1.01% | 2.70% | 0.68% | 0.97% | 0.96% | 0.38% | 1.61% | 0.56% | 1.39% | 1.46% | 1.71% | 1.18% | 15.59% |
| 2016 | -1.00% | -1.00% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of PDFEX is 27, 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.
PDFEX (Prudential Day One 2030 Fund)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Prudential Day One 2030 Fund (PDFEX) 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 2030 Fund granted a 3.62% dividend yield in the last twelve months. The annual payout for that period amounted to $0.42 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|
| Dividend | $0.42 | $0.42 | $0.92 | $1.11 | $0.23 | $0.58 | $0.42 | $0.14 |
Dividend yield | 3.62% | 3.73% | 8.84% | 8.52% | 1.89% | 5.02% | 4.15% | 1.27% |
Monthly Dividends
The table displays the monthly dividend distributions for Prudential Day One 2030 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 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.92 | $0.92 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.11 | $1.11 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.23 | $0.23 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.58 | $0.58 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.42 | $0.42 |
| 2017 | $0.14 | $0.14 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Prudential Day One 2030 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 2030 Fund was 24.53%, occurring on Mar 23, 2020. Recovery took 108 trading sessions.
The current Prudential Day One 2030 Fund drawdown is 3.56%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -24.53% | Feb 20, 2020 | 23 | Mar 23, 2020 | 108 | Aug 25, 2020 | 131 |
| -18.63% | Jan 5, 2022 | 196 | Oct 14, 2022 | — | — | — |
| -12.74% | Jan 29, 2018 | 229 | Dec 24, 2018 | 81 | Apr 23, 2019 | 310 |
| -5.07% | Sep 3, 2020 | 14 | Sep 23, 2020 | 34 | Nov 10, 2020 | 48 |
| -3.45% | Nov 10, 2021 | 15 | Dec 1, 2021 | 17 | Dec 27, 2021 | 32 |
Volatility
Volatility Chart
The current Prudential Day One 2030 Fund volatility is 2.36%, 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.