PDFHX

About PDFHX

PGIM Target Date 2030 Fund R5 is a mutual fund designed to help investors plan for retirement with a target retirement year of 2030. This fund follows a multi-asset, diversified investment strategy, blending exposure to U.S. equities and other asset classes to balance growth potential and capital preservation. Its primary function is to offer a professionally managed glide path: as the target date approaches, the fund gradually shifts its allocation from higher-risk growth assets—which are more prominent in the early years—to more conservative investments, such as bonds and cash equivalents, near and after 2030. This investment approach aims to reduce portfolio risk as investors near retirement age. Notable for its relatively low expense ratio and disciplined asset allocation framework, the PGIM Target Date 2030 Fund R5 serves as a convenient, all-in-one solution for retirement-focused investors seeking automatic portfolio adjustment aligned with their anticipated retirement timeline. By adjusting its risk profile over time, the fund plays a vital role in retirement planning, supporting participants in defined contribution plans and individual investors who prefer a hands-off approach to long-term investment management.