Morningstar

PGIM Balanced Fund- Class A PIBAX

Morningstar Medalist Rating
Medalist Rating as of | See PGIM Investment Hub
  • NAV / 1-Day Return 19.27  /  +0.36 %
  • Total Assets 1.1B
  • Adj. Expense Ratio
    1.000%
  • Expense Ratio 1.000%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Moderate Allocation
  • Investment Style Large Blend
  • Credit Quality / Interest Rate Sensitivity Medium/Moderate
  • Status Open
  • TTM Yield 1.79%
  • Turnover 107%

USD | NAV as of Oct 03, 2026 | 1-Day Return as of Oct 03, 2026, 12:53 AM GMT+0

Morningstar’s Analysis PIBAX

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

  • People Pillar

    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.

  • Parent Pillar

    The Parent Pillar is our rating of PIBAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

A quantitative equity mandate with a credit-leaning bond sleeve.

Analyst Mahi Roy

Mahi Roy

Analyst

Summary

PGIM Balanced combines a core-plus bond sleeve with a quantitative equity mandate, leveraging the expertise of multiple specialized teams. While diversified, this approach has resulted in a relatively volatile portfolio. PGIM Quantitative Solutions’ global multi-asset team guides the fund’s strategic and tactical asset allocation, while the quantitative equity team handles the stock portion. PGIM Fixed Income oversees the bond strategy, focusing on a credit-leaning approach.

by Mahi Roy
Rated on Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings PIBAX

More PIBAX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 16.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

3.66 40M
Technology

Apple Inc

3.09 33M
Technology

Microsoft Corp

2.46 27M
Technology

Amazon.com Inc

1.74 19M
Consumer Cyclical

Prudential Govt Money Mkt Fd

1.66 18M
Cash and Equivalents

Alphabet Inc Class A

1.31 14M
Communication Services

Alphabet Inc Class C

1.05 11M
Communication Services

Broadcom Inc

0.99 11M
Technology

Visa Inc Class A

0.85 9M
Financial Services

Eli Lilly and Co

0.84 9M
Healthcare

Sponsor Center