Prudential 6040 Allocation Fund Quote

PALDX Fund  USD 14.42  0.02  0.14%   

Performance

13 of 100

 
Weak
 
Strong
Good

Odds Of Distress

Less than 18

 
High
 
Low
Low
Prudential 6040 is trading at 14.42 as of the 11th of December 2024; that is 0.14% down since the beginning of the trading day. The fund's open price was 14.44. Prudential 6040 has less than a 18 % chance of experiencing some financial distress in the next two years of operation and had a good performance during the last 90 days. The performance scores are derived for the period starting the 11th of November 2024 and ending today, the 11th of December 2024. Click here to learn more.
The fund pursues its objective by primarily investing in a portfolio of other mutual funds within the PGIM fund family that provide exposure to equity and fixed income. The investments held by underlying funds that provide exposure to equities will include equity and equity-related securities of large capitalization U.S. More on Prudential 6040 Allocation

Moving together with Prudential Mutual Fund

  0.78HYSQX Prudential Short DurationPairCorr

Moving against Prudential Mutual Fund

  0.54EMDQX Prudential EmergingPairCorr
  0.53PGTSX Prudential Global TotalPairCorr
  0.49PGTQX Prudential Global TotalPairCorr
  0.48PGIQX Prudential GovernmentPairCorr
  0.43PGRQX Prudential Global RealPairCorr
  0.37PHLQX Prudential HealthPairCorr

Prudential Mutual Fund Highlights

Fund ConcentrationPGIM Funds (Prudential) Funds, Large Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, PGIM Funds (Prudential) (View all Sectors)
Update Date31st of December 2024
Prudential 6040 Allocation [PALDX] is traded in USA and was established 11th of December 2024. Prudential 6040 is listed under PGIM Funds (Prudential) category by Fama And French industry classification. The fund is listed under Allocation--50% to 70% Equity category and is part of PGIM Funds (Prudential) family. This fund at this time has accumulated 2.93 M in assets with no minimum investment requirementsPrudential 6040 Allo is currently producing year-to-date (YTD) return of 19.42% with the current yeild of 0.02%, while the total return for the last 3 years was 6.98%.
Check Prudential 6040 Probability Of Bankruptcy

Instrument Allocation

Sector Allocation

Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Prudential Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Prudential Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Prudential 6040 Allocation Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.

Top Prudential 6040 Allocation Mutual Fund Constituents

PTMQXPrudential Qma Large CapMutual FundLarge Blend
PTRQXPrudential Total ReturnMutual FundIntermediate Core-Plus Bond
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Prudential 6040 Allo Risk Profiles

Prudential 6040 Against Markets

Other Information on Investing in Prudential Mutual Fund

Prudential 6040 financial ratios help investors to determine whether Prudential Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Prudential with respect to the benefits of owning Prudential 6040 security.
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