Skip to Content
Morningstar

PGIM Target Date 2040 R2 PDHEX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 12.37  /  −0.08 %
  • Total Assets 37.2 Mil
  • Adj. Expense Ratio
    0.750%
  • Expense Ratio 0.750%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity High/Moderate
  • Status Open
  • TTM Yield 1.72%
  • Turnover 31%

USD | NAV as of Apr 25, 2024 | 1-Day Return as of Apr 25, 2024, 12:21 AM GMT+0

Morningstar’s Analysis PDHEX

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

  • People Pillar

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

PGIM Target Date 2040 R2's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-costliest quintile among peers.

by Morningstar Manager Research
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PDHEX

More PDHEX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 98.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Quant Solutions Large-Cap Index R6

35.21 13.5 Mil
—

PGIM Quant Solutions Intl Dev Mkts IdxR6

16.00 6.1 Mil
—

PGIM Total Return Bond R6

9.51 3.6 Mil
—

PGIM TIPS R6

8.18 3.1 Mil
—

PGIM Quant Solutions Mid-Cap Index R6

5.35 2.0 Mil
—

PGIM Global Real Estate R6

5.07 1.9 Mil
—

PGIM Quant Solutions Commodity Strats R6

5.01 1.9 Mil
—

PGIM Core Conservative Bond R6

4.76 1.8 Mil
—

PGIM Quant Solutions EMs Eq R6

4.66 1.8 Mil
—

PGIM Jennison Small-Cap Core Equity R6

4.60 1.8 Mil
—