PGIM Target Date 2040 R1 holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.
PGIM Target Date 2040 Fund Class R1 PDHDX
- NAV / 1-Day Return 13.84 / −1.07 %
- Total Assets 38.3M
-
Adj. Expense Ratio
1.000%
- Expense Ratio 0.660%
- Distribution Fee Level Average
- Share Class Type Retirement, Medium
- Category Target-Date 2040
- Investment Style Large Blend
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 1.99%
- Turnover 39%
USD | NAV as of Jun 11, 2026 | 1-Day Return as of Jun 11, 2026, 12:50 AM GMT+0
Morningstar’s Analysis PDHDX
Will PDHDX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the PDHDX 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 PDHDX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 99.9
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
PGIM Quant Solutions Large-Cap Index R6 | 39.97 | 16M | — |
PGIM Quant Solutions Intl Dev Mkts IdxR6 | 17.25 | 7M | — |
PGIM Total Return Bond ETF | 11.67 | 5M | — |
PGIM TIPS R6 | 5.69 | 2M | — |
PGIM Global Real Estate R6 | 5.20 | 2M | — |
PGIM Quant Solutions Mid-Cap Index R6 | 4.91 | 2M | — |
PGIM Quant Solutions EMs Eq R6 | 4.50 | 2M | — |
PGIM Jennison Small-Cap Core Equity R6 | 4.44 | 2M | — |
PGIM Core Conservative Bond R6 | 3.16 | 1M | — |
PGIM Quant Solutions Commodity Strats R6 | 3.10 | 1M | — |
United States