PGIM Income Builder delivers on its income promise, but the asset-class mix generating that income tends to correlate during volatile markets, which can lead to significant drawdowns. The strategy continues to earn a Morningstar Analyst rating of Neutral for all but its most expensive share class, which earns a Negative rating.
Morningstar’s Fund Analysis PDCZX
Will PDCZX 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 PDCZX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the PDCZX 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 PDCZX’s parent organization’s priorities and whether they’re in line with investors’ interests.