Morningstar

PGIM Balanced Fund- Class Z PABFX

Morningstar Medalist Rating
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  • NAV / 1-Day Return $19.48  /  +0.41 %
  • Fund Size $1.0B
  • Adjusted Expense Ratio 0.780%
  • Net Expense Ratio 0.780%
  • Fee Level: Distribution Average
  • Share Class Type Institutional
  • Morningstar Category Moderate Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) Medium/Moderate
  • Investment Status Open
  • TTM Yield 1.99%
  • Turnover Ratio 107%
NAV and 1-Day Return as of

Morningstar’s Analysis PABFX

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

  • People Pillar

    The People Pillar is our evaluation of the PABFX 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 PABFX’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
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Portfolio Holdings PABFX

More PABFX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 17.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

NVIDIA Corp

3.89 41M
Technology

Apple Inc

3.28 35M
Technology

Microsoft Corp

2.51 26M
Technology

Amazon.com Inc

1.91 20M
Consumer Cyclical

Prudential Govt Money Mkt Fd

1.45 15M
Cash and Equivalents

Alphabet Inc Class A

1.37 14M
Communication Services

Broadcom Inc

1.10 12M
Technology

Alphabet Inc Class C

1.10 12M
Communication Services

Meta Platforms Inc Class A

0.91 10M
Communication Services

Micron Technology Inc

0.90 9M
Technology

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