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Trending ETFs

Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$903 M

-

2.12%

Vitals

YTD Return

-6.2%

1 yr return

-3.2%

3 Yr Avg Return

-0.8%

5 Yr Avg Return

-0.3%

Net Assets

$903 M

Holdings in Top 10

12.4%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 2.12%

SALES FEES

Front Load N/A

Deferred Load 5.00%

TRADING FEES

Turnover 128.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$2,500

IRA

$1,000


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

-

$903 M

-

2.12%

PBFBX - Profile

Distributions

  • YTD Total Return -6.2%
  • 3 Yr Annualized Total Return 1.2%
  • 5 Yr Annualized Total Return 1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.58%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    PGIM Balanced Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Nov 07, 1996
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Stacie Mintz

Fund Description


PBFBX - Performance

Return Ranking - Trailing

Period PBFBX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -20.8% 15.3% 78.03%
1 Yr -3.2% -20.0% 20.9% 65.13%
3 Yr -0.8%* -7.1% 7.1% 60.11%
5 Yr -0.3%* -3.8% 27.0% 55.67%
10 Yr 3.4%* -0.9% 12.6% 40.87%

* Annualized

Return Ranking - Calendar

Period PBFBX Return Category Return Low Category Return High Rank in Category (%)
2023 15.4% -10.1% 19.3% 22.13%
2022 -11.6% -21.7% 0.0% 66.11%
2021 8.0% -4.4% 18.5% 32.78%
2020 3.1% -7.8% 209.2% 56.56%
2019 -6.5% -19.9% 0.3% 56.81%

Total Return Ranking - Trailing

Period PBFBX Return Category Return Low Category Return High Rank in Category (%)
YTD -6.2% -20.8% 15.3% 78.03%
1 Yr -3.2% -20.0% 20.9% 65.13%
3 Yr 1.2%* -6.0% 10.1% 52.53%
5 Yr 1.5%* -2.4% 30.2% 62.35%
10 Yr 5.8%* -0.9% 16.7% 49.54%

* Annualized

Total Return Ranking - Calendar

Period PBFBX Return Category Return Low Category Return High Rank in Category (%)
2023 15.5% -10.1% 19.3% 21.80%
2022 -10.3% -21.7% 0.8% 75.00%
2021 13.2% -4.4% 20.3% 24.35%
2020 4.6% -7.8% 216.9% 68.66%
2019 -5.2% -19.5% 2.7% 72.08%

PBFBX - Holdings

Concentration Analysis

PBFBX Category Low Category High PBFBX % Rank
Net Assets 903 M 929 K 111 B 37.51%
Number of Holdings 2083 2 14086 1.54%
Net Assets in Top 10 109 M 919 K 28 B 53.29%
Weighting of Top 10 12.39% 12.1% 100.1% 98.61%

Top 10 Holdings

  1. Microsoft Corp 2.78%
  2. Apple Inc 2.57%
  3. Facebook Inc A 1.29%
  4. Amazon.com Inc 1.24%
  5. Alphabet Inc A 0.82%
  6. Intel Corp 0.81%
  7. Procter & Gamble Co 0.80%
  8. Alphabet Inc Class C 0.72%
  9. AT&T Inc 0.69%
  10. Merck & Co Inc 0.67%

Asset Allocation

Weighting Return Low Return High PBFBX % Rank
Stocks
60.28% 19.86% 78.15% 18.00%
Bonds
37.84% 0.00% 77.18% 60.60%
Cash
1.55% -46.04% 4.97% 77.06%
Convertible Bonds
0.27% 0.00% 23.75% 58.33%
Preferred Stocks
0.06% 0.00% 19.01% 51.23%
Other
0.00% -0.13% 84.67% 94.65%

Stock Sector Breakdown

Weighting Return Low Return High PBFBX % Rank
Technology
22.02% 0.00% 28.61% 21.80%
Healthcare
15.99% 0.00% 21.16% 34.60%
Financial Services
11.98% 0.00% 26.15% 75.92%
Communication Services
10.28% 0.49% 14.43% 24.62%
Consumer Cyclical
9.09% 0.79% 15.81% 58.03%
Consumer Defense
8.75% 1.01% 15.16% 31.67%
Industrials
8.67% 4.03% 15.58% 56.94%
Basic Materials
3.84% 0.71% 13.06% 23.10%
Utilities
3.80% 0.00% 15.66% 41.21%
Real Estate
2.83% 0.00% 54.65% 65.73%
Energy
2.77% 0.00% 16.55% 64.53%

Stock Geographic Breakdown

Weighting Return Low Return High PBFBX % Rank
US
48.45% -13.73% 63.78% 33.44%
Non US
11.83% 0.00% 81.71% 11.83%

Bond Sector Breakdown

Weighting Return Low Return High PBFBX % Rank
Securitized
39.62% 0.00% 44.18% 8.95%
Corporate
30.71% 0.00% 96.70% 57.51%
Derivative
14.51% -0.04% 46.93% 2.98%
Government
10.72% 0.00% 89.51% 75.62%
Cash & Equivalents
3.64% 0.00% 99.95% 85.70%
Municipal
0.79% 0.00% 98.87% 20.16%

Bond Geographic Breakdown

Weighting Return Low Return High PBFBX % Rank
US
32.09% 0.00% 61.90% 67.80%
Non US
5.75% 0.00% 39.75% 17.28%

PBFBX - Expenses

Operational Fees

PBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.12% 0.01% 31.15% 12.12%
Management Fee 0.65% 0.00% 1.29% 67.35%
12b-1 Fee 1.00% 0.00% 1.00% 99.17%
Administrative Fee N/A 0.00% 0.40% N/A

Sales Fees

PBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.00% 5.75% N/A
Deferred Load 5.00% 1.00% 5.50% 9.09%

Trading Fees

PBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PBFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 128.00% 4.00% 158.00% 82.49%

PBFBX - Distributions

Dividend Yield Analysis

PBFBX Category Low Category High PBFBX % Rank
Dividend Yield 0.00% 0.00% 16.73% 96.09%

Dividend Distribution Analysis

PBFBX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually Quarterly Quarterly

Net Income Ratio Analysis

PBFBX Category Low Category High PBFBX % Rank
Net Income Ratio 0.58% -1.12% 7.22% 89.39%

Capital Gain Distribution Analysis

PBFBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

PBFBX - Fund Manager Analysis

Managers

Stacie Mintz


Start Date

Tenure

Tenure Rank

Aug 31, 2005

14.84

14.8%

Stacie L. Mintz, CFA, is a Managing Director and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, she manages US Core, Long Short and Market Neutral strategies, as well as overseeing the team responsible for implementation. Prior to her current role, Stacie was a member of the Global Multi-Asset Solutions team, where she was responsible for several retail and institutional portfolios. In addition, during that time, she was responsible for managing the overall asset allocation for the Prudential Pension Plan. She earned a BA in Economics from Rutgers University, an MBA in Finance from New York University and holds the Chartered Financial Analyst (CFA) designation.

Joel Kallman


Start Date

Tenure

Tenure Rank

Sep 10, 2009

10.81

10.8%

Joel M. Kallman, CFA, is a Vice President and Portfolio Manager for Quantitative Management Associates. Joel is a portfolio manager and a member of the asset allocation team. He also conducts economic and market valuation research. Joel has also held various positions within Prudential's fixed-income group, in areas such as high-yield credit analysis and performance reporting. He earned a BS and MBA in Finance from Rutgers University. He is also a member of the New York Society of Security Analysts and holds the Chartered Financial Analyst (CFA) designation.

Richard Piccirillo


Start Date

Tenure

Tenure Rank

Nov 27, 2013

6.59

6.6%

Richard Piccirillo is a Principal and senior portfolio manager for PGIM Fixed Income’s Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. He is also a member of the Global Rates and Securitized Products Team focusing on CMBS. Mr. Piccirillo has specialized in mortgage-and asset- backed securities since joining Prudential Financial in 1993. Before joining Prudential Financial, Mr. Piccirillo was a fixed income analyst with Fischer Francis Trees & Watts. Mr. Piccirillo started his career as a financial analyst at Smith Barney. He received a BBA in Finance from George Washington University and an MBA in Finance and International Business from New York University.

Michael Collins


Start Date

Tenure

Tenure Rank

Nov 27, 2013

6.59

6.6%

Michael J. Collins, CFA, is a Managing Director and Senior Portfolio Manager for Core, Core Plus, Absolute Return, and other Multi-Sector Fixed Income strategies. Previously, Mr. Collins was a High Yield Portfolio Manager and Fixed Income Investment Strategist. Earlier he was a credit research analyst, covering investment grade and high yield corporate credits. Additionally, he developed proprietary quantitative international interest rate and currency valuation models for our global bond unit. Mr. Collins began his career at the Firm in 1986 as a software applications designer. He received a BS in Mathematics and Computer Science from the State University of New York at Binghamton and an MBA in Finance from New York University. Mr. Collins holds the Chartered Financial Analyst (CFA) designation and is a Fellow of the Life Management Institute (FLMI). Named Morningstar’s 2017 Fixed Income Manager of The Year for Prudential Total Return Bond Fund.

Gregory Peters


Start Date

Tenure

Tenure Rank

Mar 05, 2014

6.33

6.3%

Gregory Peters is a Managing Director and Senior Investment Officer of PGIM Fixed Income. He is also senior portfolio manager for Core, Long Government/Credit, Core Plus, Absolute Return, and other multi-sector Fixed Income strategies. Prior to joining PGIM Fixed Income, Mr. Peters was the Chief Global Cross Asset Strategist at Morgan Stanley and responsible for the firm's macro research and asset allocation strategy. In addition, he was Morgan Stanley's Global Director of Fixed Income & Economic Research and served on the Firm Risk, Investment, Asset Allocation, Global Credit, and Global Fixed Income Operating Committees. Earlier, Mr. Peters worked at Salomon Smith Barney and the Department of U.S. Treasury. Mr. Peters has been recognized by Institutional Investor magazine for his efforts in macro, fixed income, high yield and investment grade strategies. Mr. Peters was also recently recognized as Business Insider's Top Analysts and Top Analyst's to Watch by CEO World. Mr. Peters earned a BA in Finance from The College of New Jersey and an MBA from Fordham University. He is also a member of the Fixed Income Analyst Society and the Bond Market Association.

Edward Lithgow


Start Date

Tenure

Tenure Rank

Nov 25, 2014

5.6

5.6%

Edward J. Lithgow is a Portfolio Manager for QMA. He manages domestic and international index funds. In addition, Mr. Lithgow also assists with portfolio management and research for QMA’s US Core Equity portfolios. Previously, he was a quantitative analyst for QMA’s US Core Equity and Index teams with responsibility for optimizing portfolios, monitoring cash flows as well as performance attribution and risk analysis. Mr. Lithgow also traded equities, currencies, and futures for QMA’s index funds. Mr. Lithgow earned a BS in Business Administration from Seton Hall University and an MBA in Finance from St. Joseph’s University.

Edward Campbell


Start Date

Tenure

Tenure Rank

Feb 26, 2018

2.34

2.3%

Edward L. Campbell, CFA, is a Managing Director and Portfolio Manager for QMA working within the Global Multi-Asset Solutions team. In this capacity, he is responsible for portfolio management, analysis, and economic and market valuation research, and he oversees a team of investment professionals. Ed also represents the firm through appearances in major media outlets, most notably as a regular guest on CNBC’s Squawk Box. Prior to joining QMA, Ed served as a Portfolio Manager and Senior Analyst for PGIM Investments’ Strategic Investment Research Group (SIRG). Previously, Ed was a Partner and Vice President at Trilogy Advisors. He earned a BS in economics and international business from The City University of New York and an MBA in finance, global business and organizational leadership from the New York University Stern School of Business.

George Patterson


Start Date

Tenure

Tenure Rank

Jan 31, 2020

0.41

0.4%

George N. Patterson, PhD, CFA, CFP, is a Managing Director and Co-Head of QMA’s Quantitative Equity team. In this capacity, he oversees portfolio management, investment research and new product development for the US, Non-US and Value equity strategies.

Robert Tipp


Start Date

Tenure

Tenure Rank

Jan 31, 2020

0.41

0.4%

Robert Tipp, CFA, is a Managing Director, Chief Investment Strategist, and Head of Global Bonds for PGIM Fixed Income. In addition to comanaging the Global Aggregate Plus strategy, Mr. Tipp is responsible for global rates positioning for Core Plus, Absolute Return, and other portfolios. Mr. Tipp has worked at the Firm since 1991, where he has held a variety of senior investment manager and strategist roles. Prior to joining the Firm, he was a Director in the Portfolio Strategies Group at the First Boston Corporation, where he developed, marketed, and implemented strategic portfolio products for money managers. Before that, Mr. Tipp was a Senior Staff Analyst at the Allstate Research & Planning Center, and managed fixed income and equity derivative strategies at Wells Fargo Investment Advisors. He received a BS in Business Administration and an MBA from the University of California, Berkeley. Mr. Tipp holds the Chartered Financial Analyst (CFA) designation. Named Morningstar’s 2017 Fixed Income Manager of The Year for PGIM Total Return Bond Fund.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.33 28.68 8.48 7.67