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Prudential Investment Portfolios 5 - Day One 2015 Fund (PDCHX)

9.95
+0.02
+(0.20%)
At close: April 17 at 8:01:57 PM EDT

Fund Summary

The fund pursues its objective by investing in a diversified portfolio of other mutual funds within the PGIM fund family (collectively, "underlying funds") that represent various asset classes and sectors. It will invest in underlying funds that provide exposure to equity, fixed income and non-traditional asset classes. The fund is designed for investors who retired in or close to the year 2015 (the "target date").

Prudential Investment Portfolios 5 - Day One 2015 Fund

Newark NJ 07102
Gateway Center Three, 4th Floor,100 Mulberry Street

Fund Overview

Category Target-Date 2015
Fund Family PGIM Investments
Net Assets 9.91M
YTD Return 6.80%
Yield 4.29%
Morningstar Rating
Inception Date Dec 13, 2016

Fund Operations

Last Dividend 0.44
Last Cap Gain -2.00
Holdings Turnover 38.00%
Average for Category --

Fees & Expenses

Expense PDCHX Category Average
Annual Report Expense Ratio (net) 0.40% 0.41%
Prospectus Net Expense Ratio 0.40% --
Prospectus Gross Expense Ratio 3.61% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.23%
Max Deferred Sales Load -- 1.00%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

David Blanchett, PhD, CFA, CFP®, is a Managing Director, Portfolio Manager and Head of Retirement Research for PGIM DC Solutions. In this role, he develops research and innovative solutions to help improve retirement outcomes for investors. He is also responsible for portfolio management of the PGIM Target Date Funds. Prior to joining PGIM DC Solutions, David was the Head of Retirement Research for Morningstar Investment Management LLC. He is currently an adjunct professor of wealth management at The American College of Financial Services and was formerly a member of the executive committee for the Defined Contribution Institutional Investment Association (DCIIA) and the ERISA Advisory Council (2018-2020). David earned a BS in finance and economics from the University of Kentucky, an MS in financial services from The American College of Financial Services, an MBA from The University of Chicago Booth School of Business, and a PhD in personal financial planning from Texas Tech University.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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