Morningstar

PGIM Target Date Income Fund Class R3 PDAFX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 10.65  /  +0.09 %
  • Total Assets 23.6M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.260%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Target-Date Retirement
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity —
  • Status Open
  • TTM Yield 3.48%
  • Turnover 30%

USD | NAV as of Oct 02, 2026 | 1-Day Return as of Oct 02, 2026, 1:46 AM GMT+0

Morningstar’s Analysis PDAFX

Will PDAFX 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 PDAFX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

PGIM Target Date Income R3 holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
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Portfolio Holdings PDAFX

More PDAFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 100.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Total Return Bond ETF

23.37 6M
—

PGIM TIPS R6

22.99 6M
—

PGIM Quant Solutions Large-Cap Index R6

16.06 4M
—

PGIM Core Conservative Bond R6

12.58 3M
—

PGIM Global Real Estate R6

6.87 2M
—

Prudential Invt Portfolios 2

6.19 1M
—

PGIM Quant Solutions Intl Dev Mkts IdxR6

5.47 1M
—

PGIM Quant Solutions Commodity Strats R6

5.03 1M
—

PGIM Quant Solutions Mid-Cap Index R6

1.48 356,754
—

Us Dollar

0.00 48
Cash and Equivalents

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