PGIM TARGET DATE FUNDS

Solving for the right risks at the right time. 

INVESTMENT OBJECTIVE

With a focus on meeting the income needs of participants, our target date strategy aims to provide participants with income for 30 years beyond retirement. Available in multiple vehicle structures to address a variety of plan needs, PGIM Target Date funds seek to solve for the right risks at the right time to achieve better retirement outcomes for defined contribution plan participants.

INVESTMENT PHILOSOPHY

It is our philosophy that most retirement plan participants are best served by making saving and investing for retirement simple and by providing them an investment approach that addresses the specific risks they face at different times in their investing lives. We believe that a well-diversified, low cost, single fund solution that is continuously customized to a participant’s age over time goes a long way towards bettering participant outcomes

KEY FEATURES

The three-stage glidepath, designed with the intent to help improve retirement outcomes by solving for the right risks at the right time, seeks to address the key risks that we believe pose the greatest challenges to an individual's retirement over their lifetime: 

 

  1. Not taking enough risk in order to accumulate assets early in an individual’s career
  2. Protecting those assets against substantial market drawdowns as individuals transition toward retirement
  3. Preserving the purchasing power of their assets from the eroding effects of inflation during the retirement years

Our target date funds are available in cost-efficient vehicle structures, combining both passive and actively managed strategies. Their active/passive design adds value in areas where greater alpha opportunities exist and helps to reduce overall costs.

EQUITY

Provides the potential for growth and diversification

Asset classes include:

  • US Large Cap
  • US Mid Cap
  • US Small Cap
  • Non-US Developed Markets
  • Emerging Markets

NON-TRADITIONAL

Allows for capital appreciation, with a low correlation to stocks and bonds, as well as a potential hedge against inflation

Asset classes include:

  • Direct Real Estate*
  • REITs
  • Commodities

FIXED INCOME

Exposure, through multiple sectors, helps lower volatility

Asset classes include:

  • Core US Bond
  • Core Plus Bond - Includes exposures to High Yield, International and Emerging Markets Debt
  • TIPS
  • Short-term Bonds/Money Market

*Direct real estate is utilized in the CIT vehicle, while real estate is implemented via global REITs in the Mutual Fund vehicle. 

Our target date funds invest in a combination of equity, fixed income, and non-traditional asset classes.

EQUITY

 

Provides the potential for growth and diversification

 

Asset classes include:

  • US Large Cap
  • US Mid Cap
  • US Small Cap
  • Non-US Developed Markets
  • Emerging Markets

NON-TRADITIONAL

 

Allows for capital appreciation, with a low correlation to stocks and bonds, as well as a potential hedge against inflation

 

Asset classes include:

  • Direct Real Estate*
  • REITs
  • Commodities

FIXED INCOME

 

Exposure, through multiple sectors, helps lower volatility

 

Asset classes include:

  • Core US Bond
  • Core Plus Bond - Includes exposures to High Yield, International and Emerging Markets Debt
  • TIPS
  • Short-term Bonds/Money Market

*Direct real estate is utilized in the CIT vehicle, while real estate is implemented via global REITs in the Mutual Fund vehicle. 

Our target date funds invest in a combination of equity, fixed income, and non-traditional asset classes.

EQUITY

Provides the potential for growth and diversification.
Asset classes include:

  • US Large Cap
  • US Mid Cap
  • US Small Cap
  • Non-US Developed Markets
  • Emerging Markets

NON-TRADITIONAL

Allows for capital appreciation, with a low
correlation to stocks and bonds, as well as a potential
hedge against inflation
Asset classes include:

  • Direct Real Estate*
  • REITs
  • Commodities

FIXED INCOME

Exposure, through multiple sectors, helps lower volatility
Asset classes include:

  • Core US Bond
  • Core Plus Bond - Includes exposures to High Yield, International and Emerging Markets Debt
  • TIPS
  • Short-term Bonds/Money Market

Explore The Glidepath

Designed to solve for the right risks at the right time, the PGIM Target Date funds offer a glidepath that addresses the risks faced by participants during the Accumulation, Preservation, and Inflation Protection stages of retirement planning.

available vehicles

CIT

 

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Mutual Fund

 

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separate account

Strategy disclosures

(to be provided by Legal)

PGIM DCS - 4499478