PGIM Balanced Fund- Class R

Frequently Asked Questions About PALRX

What does PALRX invest in?

This fund seeks to generate both current income and significant long-term capital appreciation for its investors. It follows an actively managed approach, strategically investing in a diversified mix of stocks, bonds, and money market instruments, with a focus on capitalizing on perceived mispricings in the market. The portfolio typically allocates a substantial portion, ranging from 45% to 70% of its total holdings, to equities and related securities. Under normal market conditions, 30% to 55% of the fund's entire asset base is committed to fixed-income investments. Furthermore, the fund may dedicate up to 15% of its total assets to equity-linked securities issued by smaller companies.

What is the expense ratio of PALRX?

PGIM Balanced Fund- Class R (PALRX) charges an expense ratio of 1.47%. This is the annual fee deducted from fund assets to cover management and operations.

How big is PALRX?

PGIM Balanced Fund- Class R (PALRX) manages $1.09B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is PALRX actively managed or an index fund?

PALRX is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (PALRX's is 1.47%) in exchange for the discretion to over- or under-weight positions.

When was PALRX launched?

PGIM Balanced Fund- Class R (PALRX) launched in December 2004 and is managed by the fund issuer.

How has PALRX performed?

PALRX'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.