Morningstar

PGIM Target Date 2040 Fund Class R3 PDHFX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 14.56  /  −0.14 %
  • Total Assets 39.8M
  • Adj. Expense Ratio
    0.600%
  • Expense Ratio 0.240%
  • Distribution Fee Level Low
  • Share Class Type Retirement, Medium
  • Category Target-Date 2040
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 2.35%
  • Turnover 39%

USD | NAV as of Aug 12, 2026 | 1-Day Return as of Aug 12, 2026, 12:48 AM GMT+0

Morningstar’s Analysis PDHFX

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

  • People Pillar

    The People Pillar is our evaluation of the PDHFX 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 PDHFX’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 2040 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
Rated on Published on

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Portfolio Holdings PDHFX

More PDHFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 99.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

PGIM Quant Solutions Large-Cap Index R6

38.72 15M
—

PGIM Quant Solutions Intl Dev Mkts IdxR6

17.84 7M
—

PGIM Total Return Bond ETF

12.06 5M
—

PGIM TIPS R6

5.83 2M
—

PGIM Global Real Estate R6

5.23 2M
—

PGIM Quant Solutions Mid-Cap Index R6

4.99 2M
—

PGIM Jennison Small-Cap Core Equity R6

4.53 2M
—

PGIM Quant Solutions EMs Eq R6

4.40 2M
—

PGIM Core Conservative Bond R6

3.30 1M
—

PGIM Quant Solutions Commodity Strats R6

2.88 1M
—

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