PGIM Balanced benefits from experienced and well-resourced leadership, but the unusual choice of a core-plus bond sleeve may increase the fund's downside risk during volatile equity markets. The two cheapest share classes earn Morningstar Analyst Ratings of Bronze, and the pricier share classes remain Neutral.
Will PIBAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable PIBAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PIBAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of PIBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.