PGIM 60/40 Allocation R6 (PALDX)
Nasdaq - Nasdaq Delayed price. Currency in USD
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PGIM 60/40 Allocation R6
Newark NJ 07102
Gateway Center Three, 4th Floor,100 Mulberry Street
Prudential Investment Portfolios 5
Management information
,Lead manager since 11 September 2017
Jeremy Stempien, MBA, is a Vice President, Portfolio Manager and Strategist for QMA, working with the Dynamic Asset Allocation team. His responsibilities include the management of the Prudential Day One Funds and managing client relationships. Prior to joining QMA, Jeremy was a Director of Investments at Morningstar Investment Management where he was responsible for developing asset allocation programs for plan providers, plan sponsors, and money management companies. He worked with clients in creating and managing custom target date glide paths, selecting appropriate asset classes, and constructing model portfolios. Previously, he worked at Hewitt Associates where he was a Defined Contribution Manager. Jeremy earned a BA in Finance from Saint Louis University and an MBA in Investments from University of Notre Dame.
Morningstar style box
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Morningstar category
While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. Where necessary, we may change a category assignment based on recent changes to the portfolio.
Fund overview
CategoryAllocation--50% to 70% Equity
Fund familyPGIM Investments
Net assets109.93M
YTD return10.29%
Yield2.56%
Morningstar rating★★★★
Inception date12 Sept 2017
Fund operations
Last dividend0.34
Last cap gain1.00
Holdings turnover21.00%
Average for categoryN/A
Fees and expenses
ExpensePALDXCategory average
Annual report expense ratio (net)0.40%0.84%
Prospectus net expense ratio0.40%N/A
Prospectus gross expense ratio0.55%N/A
Max 12b1 feeN/AN/A
Max front end sales loadN/A5.07%
Max deferred sales loadN/A1.48%
3-yr expense projection0N/A
5-yr expense projection0N/A
10-yr expense projection0N/A
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