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PGIM Balanced R PALRX

Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 17.24  /  +0.70 %
  • Total Assets 992.0 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 1.68%
  • Turnover 141%

USD | NAV as of Mar 01, 2024 | 1-Day Return as of Mar 01, 2024, 11:16 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.

Portfolio Manager Departs PGIM Balanced; Ratings Unchanged

null Karen Zaya

Karen Zaya

Analyst Note

Effective Nov. 7, 2023, Edward Campbell is no longer a portfolio manager for PGIM Balanced upon his departure from the firm. Campbell comanaged the asset allocation of the fund alongside Joel Kallman and Marco Aiolfi. Campbell was also the co-head of the PGIM Quantitative Solutions' multi-asset team since April 2022, sharing the responsibility with Aiolfi, who will now be the sole head. There are no changes to the bond and equity managers running the respective fixed-income and stock sleeves. Owing to the strength of the remaining portfolio manager configuration and the multi-asset group's team-based approach, the strategy maintains its Above Average People rating.

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Portfolio Holdings PALRX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 15.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Microsoft Corp

3.59 34.6 Mil
Technology

Apple Inc

2.99 28.8 Mil
Technology

Prudential Govt Money Mkt Fd

2.39 23.1 Mil
Cash and Equivalents

NVIDIA Corp

2.01 19.4 Mil
Technology

Amazon.com Inc

1.84 17.7 Mil
Consumer Cyclical

Meta Platforms Inc Class A

1.23 11.8 Mil
Communication Services

United States Treasury Bonds 2.25%

0.95 9.2 Mil
Government

Alphabet Inc Class A

0.94 9.0 Mil
Communication Services

Alphabet Inc Class C

0.82 7.9 Mil
Communication Services

Visa Inc Class A

0.73 7.1 Mil
Financial Services