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Morningstar

PGIM Income Builder Z PDCZX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 8.99  /  0.11 %
  • Total Assets 231.9 Mil
  • Adj. Expense Ratio
    0.700%
  • Expense Ratio 0.700%
  • Distribution Fee Level Average
  • Share Class Type Institutional
  • Category Moderate Allocation
  • Investment Style Large Value
  • Credit Quality / Interest Rate Sensitivity Medium / Moderate
  • Status Open
  • TTM Yield 5.25%
  • Turnover 59%

USD | NAV as of Nov 27, 2023 | 1-Day Return as of Nov 27, 2023, 11:17 PM GMT+0

Morningstar’s Analysis PDCZX

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

People Pillar

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

Portfolio Manager Departs PGIM Income Builder; Ratings Unchanged

null Karen Zaya

Karen Zaya

Analyst Note

Effective Nov. 7, 2023, Edward Campbell is no longer a portfolio manager for PGIM Income Builder upon his departure from the firm. Campbell comanaged the asset allocation of the fund alongside Rory Cummings, Peter Vaiciunas, 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. Owing to the capability of the remaining portfolio managers and the multi-asset group's team-based approach, the strategy maintains its Average People rating.

by Karen Zaya
Published on

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Portfolio Holdings PDCZX

More PDCZX Holdings
  • Current Portfolio Date
  • Equity Holdings 55
  • Bond Holdings 0
  • Other Holdings 14
  • % Assets in Top 10 Holdings 85.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Emerging Markets Debt Hard Ccy R6

15.51
34,689,753
—

PGIM Active High Yield Bond ETF

13.26
29,650,353
—

PGIM Quant Solutions International Eq R6

11.21
25,076,714
—

PGIM Jennison MLP R6

10.87
24,311,062
—

PGIM Real Estate Income R6

9.88
22,091,250
—

PGIM Core Conservative Bond R6

9.76
21,828,036
—

PGIM Active Aggregate Bond ETF

9.21
20,592,038
—

Prudential Invt Portfolios 2

2.46
5,506,366
—

SPDR® Blmbg Convert Secs ETF

1.62
3,629,920
—

Invesco Preferred ETF

1.44
3,223,685
—