Morningstar

PGIM Balanced Fund- Class C PABCX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 19.52  /  −0.56 %
  • Total Assets 1.1B
  • Adj. Expense Ratio
    1.820%
  • Expense Ratio 1.820%
  • Distribution Fee Level Above Average
  • Share Class Type Level Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 1.02%
  • Turnover 107%

USD | NAV as of Jul 17, 2026 | 1-Day Return as of Jul 17, 2026, 12:59 AM GMT+0

Morningstar’s Analysis PABCX

Will PABCX outperform in the 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 PABCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the PABCX 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 PABCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

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

Analyst Mahi Roy

Mahi Roy

Analyst

Summary

PGIM Balanced combines a core-plus bond sleeve with a quantitative equity mandate, leveraging the expertise of multiple specialized teams. While diversified, this approach has resulted in a relatively volatile portfolio. PGIM Quantitative Solutions’ global multi-asset team guides the fund’s strategic and tactical asset allocation, while the quantitative equity team handles the stock portion. PGIM Fixed Income oversees the bond strategy, focusing on a credit-leaning approach.

by Mahi Roy
Rated on Published on

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Portfolio Holdings PABCX

More PABCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 19.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

3.59 40M
Technology

Apple Inc

3.29 36M
Technology

Microsoft Corp

2.64 29M
Technology

Amazon.com Inc

1.87 21M
Consumer Cyclical

Alphabet Inc Class A

1.74 19M
Communication Services

Prudential Govt Money Mkt Fd

1.57 17M
Cash and Equivalents

Broadcom Inc

1.57 17M
Technology

Alphabet Inc Class C

1.43 16M
Communication Services

United States Treasury Bonds 2.375%

1.16 13M
Government

PGIM Corporate Bond 0-5 Year ETF

0.90 10M
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