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.
PGIM Income Builder Z PDCZX
NAV / 1-Day Return
9.40
/
0.53
%
Total Assets
283.6 Mil
Adj. Expense Ratio
0.700%
Expense Ratio
0.700%
Fee Level
Average
Longest Manager Tenure
7.89
years
Category
Allocation--30% to 50% Equity
Investment Style
Large ValueCredit Quality / Interest Rate Sensitivity
Medium / ModerateStatus
Open
TTM Yield
6.15%
Turnover
53%
Morningstar’s Fund Analysis PDCZX
Will PDCZX outperform in 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 PDCZX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
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.
Parent Pillar
The Parent Pillar is our rating of PDCZX’s parent organization’s priorities and whether they’re in line with investors’ interests.
Income at the cost of a bumpy ride.
