Prudential 6040 Allocation Fund Quote
| PALDX Fund | USD 13.36 0.03 0.23% |
Performance4 of 100
| Odds Of DistressLess than 21
|
Prudential 6040 is trading at 13.36 as of the 31st of January 2025; that is 0.23% up since the beginning of the trading day. The fund's open price was 13.33. Prudential 6040 has about a 21 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. The performance scores are derived for the period starting the 3rd of September 2024 and ending today, the 31st of January 2025. 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
Prudential Mutual Fund Highlights
| Fund Concentration | PGIM Funds (Prudential) Funds, Large Blend Funds, Allocation--50% to 70% Equity Funds, Allocation--50% to 70% Equity, PGIM Funds (Prudential) (View all Sectors) |
| Update Date | 31st of December 2024 |
Prudential 6040 Allocation [PALDX] is traded in USA and was established 31st of January 2025. 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 2.53% with the current yeild of 0.06%, while the total return for the last 3 years was 7.75%.
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
| PTMQX | Prudential Qma Large Cap | Mutual Fund | Large Blend | |
| PTRQX | Prudential Total Return | Mutual Fund | Intermediate Core-Plus Bond |
Prudential 6040 Allo Risk Profiles
| Mean Deviation | 0.4174 | |||
| Semi Deviation | 0.6247 | |||
| Standard Deviation | 0.5863 | |||
| Variance | 0.3438 |
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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