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Morningstar

PGIM Balanced R PALRX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 16.88  /  −0.24 %
  • Total Assets 968.8 Mil
  • Adj. Expense Ratio
    1.470%
  • Expense Ratio 1.470%
  • Distribution Fee Level Above Average
  • Share Class Type Retirement, Small
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Limited
  • TTM Yield 1.72%
  • Turnover 141%

USD | NAV as of Apr 18, 2024 | 1-Day Return as of Apr 18, 2024, 10:21 PM GMT+0

Morningstar’s Analysis PALRX

Will PALRX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PALRX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PALRX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of PALRX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A quantitative equity mandate with a credit-leaning bond sleeve.

Senior Analyst Karen Zaya

Karen Zaya

Senior Analyst

Summary

PGIM Balanced unconventionally combines a core-plus bond sleeve with a quantitative equity mandate. Despite some changes to the management roster, the strategy continues to benefit from the expertise and experience of the contributing teams with access to deep firmwide resources.

by Karen Zaya
Rated on Published on

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Portfolio Holdings PALRX

More PALRX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

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Technology

Apple Inc

2.61 26.2 Mil
Technology

NVIDIA Corp

2.60 26.2 Mil
Technology

Amazon.com Inc

2.01 20.3 Mil
Consumer Cyclical

Prudential Govt Money Mkt Fd

1.35 13.5 Mil
Cash and Equivalents

Meta Platforms Inc Class A

1.22 12.3 Mil
Communication Services

Alphabet Inc Class A

1.03 10.4 Mil
Communication Services

Usd/Eur Fwd 20240419 0997

0.96 9.6 Mil
Derivative

United States Treasury Bonds 2.25%

0.90 9.0 Mil
Government

Alphabet Inc Class C

0.88 8.9 Mil
Communication Services