# PGIM Balanced Fund (PABFX): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/pabfx for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: PGIM · Asset class: Equity - Strategy: Actively Managed · Inception: 1992-12-31 This actively managed fund strategically allocates its capital across equities, bonds, and money market instruments, aiming to capitalize on perceived market inefficiencies. A significant portion, specifically 45% to 70% of its total assets, is dedicated to stocks and other equity-linked securities. Under typical market conditions, the fund allocates between 30% and 55% of its overall holdings to fixed-income investments. Additionally, it has the flexibility to commit up to 15% of its total assets to equity-related securities issued by small companies. ## Key Facts | Metric | Value | |---|---| | Price | $19.48 | | Expense Ratio | 0.78% | | AUM (All Share Classes) | $1.05B | | NAV | $19.48 | | Holdings Count | — | | Distribution Yield (TTM) | 9.00% | | Annual Distribution (TTM) | $1.75 /share | | Distribution Frequency | Quarterly | | 52-Week Range | $17.81 – $20.04 | | Beta | 0.97 | ## Latest Distribution - Amount: $0.1005 /share - Ex-date: 2026-09-04 - Pay date: 2026-09-04 ## Frequently Asked Questions ### What does PABFX invest in? This actively managed fund strategically allocates its capital across equities, bonds, and money market instruments, aiming to capitalize on perceived market inefficiencies. A significant portion, specifically 45% to 70% of its total assets, is dedicated to stocks and other equity-linked securities. Under typical market conditions, the fund allocates between 30% and 55% of its overall holdings to fixed-income investments. Additionally, it has the flexibility to commit up to 15% of its total assets to equity-related securities issued by small companies. ### What is the expense ratio of PABFX? PGIM Balanced Fund (PABFX) charges an expense ratio of 0.78%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is PABFX? PGIM Balanced Fund (PABFX) is one share class of a fund that manages $1.05B across all of its share classes (PABCX, PALRX report the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is PABFX actively managed or an index fund? PABFX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PABFX's is 0.78%) in exchange for the discretion to over- or under-weight positions. ### When was PABFX launched? PGIM Balanced Fund (PABFX) launched in December 1992 and is managed by PGIM. ### How has PABFX performed? PABFX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does PABFX pay a dividend? PGIM Balanced Fund (PABFX) currently distributes little or no income. Trailing-twelve-month yield is 9.00%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does PABFX pay dividends? PGIM Balanced Fund pays dividends Quarterly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is PABFX's dividend yield? PABFX's trailing-twelve-month yield is 9.00%, calculated from the sum of dividends over the past year divided by the current price. ### When is PABFX's next ex-dividend date? The most recently announced ex-dividend date for PABFX was 2026-09-04. The next ex-date typically follows Quarterly; once announced it appears at the top of the dividend history table on this page. ### How much will PABFX's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.78% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does PABFX charge its expense ratio? The expense ratio is deducted in tiny daily slices from PABFX's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does PABFX cost more than a fund like VOO? PABFX is actively managed (current expense ratio 0.78%). Active funds charge more than passive index trackers in exchange for the manager's discretion to over- or under-weight positions. The Cost Verdict card above tells you whether PABFX's fee is competitive for the active-management cohort. ### Are there cheaper alternatives to PABFX? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as PABFX (0.78%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/pabfx - Distribution history: https://www.dividenddata.com/funds/pabfx/dividend - Holdings & diversification: https://www.dividenddata.com/funds/pabfx/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/pabfx/expenses - Peer comparison: https://www.dividenddata.com/funds/pabfx/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.