Returns Chart

Key Stats

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Expense Ratio Total Assets Under Management Dividend Yield Turnover Ratio
1.47% 937.94M 1.31% 109.0%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized All Time Total Returns (Daily) Max Drawdown (All)
-68.53M -7.09% Upgrade Upgrade

Basic Info

Investment Strategy
The investment seeks income and long-term growth of capital. The fund invests in a portfolio of equity, fixed-income and money market securities that is actively managed to capitalize on opportunities created by perceived misvaluation. It will invest 45% to 70% of its total assets in equity and equity-related securities. Under normal circumstances, 30% to 55% of the fund's total assets are invested in fixed income securities. It may invest up to 15% of its total assets in equity and equity-related securities of small companies.
General
Security Type Mutual Fund
Oldest Share Symbol PABFX
Equity Style Large Cap/Blend
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Global Category Name Moderate Allocation
YCharts Categorization Target Allocation
YCharts Benchmark S&P Target Risk Moderate Index (^STRB)
Prospectus Objective Balanced
Fund Owner Firm Name PGIM Investments
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 40.00%
MSCI ACWI Ex USA NR USD 12.00%
Russell 2000 TR USD 4.00%
S&P 500 TR USD 44.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Stacie Mintz 17.35 yrs
Joel Kallman 13.32 yrs
Michael Collins 9.10 yrs
Richard Piccirillo 9.10 yrs
Gregory Peters 8.83 yrs
Edward Lithgow 8.11 yrs
Edward Campbell 4.85 yrs
Robert Tipp 2.92 yrs
Lindsay Rosner 1.25 yrs
Marco Aiolfi 0.30 yrs

Net Fund Flows Versus Category

View Net Fund Flows. Upgrade now.
1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: --
-- Category Low
-- Category High
1 Year
% Rank: 60
-68.53M
-6.920B Category Low
551.62M Category High
3 Months
% Rank: --
-- Category Low
-- Category High
3 Years
% Rank: --
-- Category Low
-- Category High
6 Months
% Rank: --
-- Category Low
-- Category High
5 Years
% Rank: --
-- Category Low
-- Category High
YTD
% Rank: --
-- Category Low
-- Category High
10 Years
% Rank: --
-- Category Low
-- Category High
As of December 31, 2022

Performance Versus Category

 
20%
15%
10%
5%
0
View Category Returns. Upgrade now.
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
--
--
--
--
--
--
--
--
Category Rtn. (NAV)
--
--
--
--
--
--
--
--
% Rank in Cat (NAV)
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--
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--
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As of January 27, 2023. Returns for periods of 1 year and above are annualized.

Annual Total Returns Versus Peers

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Name
2016
2017
2018
2019
2020
2021
2022
YTD
7.63%
13.73%
-6.01%
18.82%
8.39%
13.91%
-16.65%
5.39%
11.96%
21.83%
-4.38%
31.49%
18.40%
28.71%
-18.11%
6.11%
7.58%
15.68%
-2.76%
23.00%
18.75%
14.04%
-15.85%
5.81%
7.66%
14.73%
-3.37%
23.81%
15.14%
13.59%
-16.16%
4.83%
7.23%
13.56%
-4.18%
21.02%
15.27%
16.28%
-17.03%
4.94%
8.50%
14.33%
-4.64%
21.68%
16.40%
14.91%
-15.47%
4.48%
As of January 27, 2023.

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-27-23) 1.31%
30-Day SEC Yield (12-31-22) Upgrade
7-Day SEC Yield (1-24-23) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 12.43
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 4.10%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of December 31, 2022

Fund Details

Key Dates
Inception Date 12/17/2004
Last Annual Report Date 9/30/2022
Last Prospectus Date 11/29/2022
Share Classes
PABCX C
PABFX Inst
PIBAX A
PIBQX Retirement
Attributes
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

Asset Allocation

As of December 31, 2022.
Type % Net % Long % Short
Cash 5.04% Upgrade Upgrade
Stock 56.28% Upgrade Upgrade
Bond 38.08% Upgrade Upgrade
Convertible 0.00% Upgrade Upgrade
Preferred 0.55% Upgrade Upgrade
Other 0.05% Upgrade Upgrade

Top 10 Holdings

Name % Weight Price % Change
Dreyfus Government Cash Mgmt Instl 4.33% 1.00 0.00%
Apple Inc 2.39% 145.93 1.37%
Microsoft Corp 2.30% 248.16 0.06%
United States Treasury Bonds 2.25%
1.82% -- --
Federal National Mortgage Association 5.5%
1.18% -- --
Federal National Mortgage Association 3.5%
1.12% -- --
UnitedHealth Group Inc 0.81% 486.05 -1.31%
Amazon.com Inc 0.75% 102.24 3.04%
Federal National Mortgage Association 2.5%
0.72% -- --
Alphabet Inc Class A 0.71% 99.37 1.90%

Fees & Availability

Fees
Actual 12B-1 Fee Upgrade
Actual Management Fee Upgrade
Administration Fee --
Performance Fee --
Switching Fee --
Transaction Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for Retirement Plan No
Available for RRSP No
Purchase Details
Open to New Investors No
Open to Existing Investors Yes
Minimum Initial Investment Upgrade
Minimum Subsequent Investment Upgrade

Basic Info

Investment Strategy
The investment seeks income and long-term growth of capital. The fund invests in a portfolio of equity, fixed-income and money market securities that is actively managed to capitalize on opportunities created by perceived misvaluation. It will invest 45% to 70% of its total assets in equity and equity-related securities. Under normal circumstances, 30% to 55% of the fund's total assets are invested in fixed income securities. It may invest up to 15% of its total assets in equity and equity-related securities of small companies.
General
Security Type Mutual Fund
Oldest Share Symbol PABFX
Equity Style Large Cap/Blend
Fixed Income Style Medium Quality/Moderate Sensitivity
Broad Asset Class Allocation
Broad Category Allocation
Category Name Allocation--50% to 70% Equity
Category Index Morningstar Mod Tgt Risk TR USD
Global Category Name Moderate Allocation
YCharts Categorization Target Allocation
YCharts Benchmark S&P Target Risk Moderate Index (^STRB)
Prospectus Objective Balanced
Fund Owner Firm Name PGIM Investments
Prospectus Benchmark Index
Bloomberg US Agg Bond TR USD 40.00%
MSCI ACWI Ex USA NR USD 12.00%
Russell 2000 TR USD 4.00%
S&P 500 TR USD 44.00%
Broad Asset Class Benchmark Index
^SPXTR 100.0%
Manager Tenure
Stacie Mintz 17.35 yrs
Joel Kallman 13.32 yrs
Michael Collins 9.10 yrs
Richard Piccirillo 9.10 yrs
Gregory Peters 8.83 yrs
Edward Lithgow 8.11 yrs
Edward Campbell 4.85 yrs
Robert Tipp 2.92 yrs
Lindsay Rosner 1.25 yrs
Marco Aiolfi 0.30 yrs

Fundamentals

General
Distribution Yield Upgrade
Dividend Yield TTM (1-27-23) 1.31%
30-Day SEC Yield (12-31-22) Upgrade
7-Day SEC Yield (1-24-23) Upgrade
Number of Holdings Upgrade
Stock
Weighted Average PE Ratio 12.43
Weighted Average Price to Sales Ratio Upgrade
Weighted Average Price to Book Ratio Upgrade
Weighted Median ROE Upgrade
Weighted Median ROA Upgrade
Forecasted Dividend Yield Upgrade
Forecasted PE Ratio Upgrade
Forecasted Price to Sales Ratio Upgrade
Forecasted Price to Book Ratio Upgrade
Bond
Current Yield 4.10%
Yield to Maturity Upgrade
Effective Duration Upgrade
Average Coupon Upgrade
Average Credit Score Upgrade
Average Price Upgrade
As of December 31, 2022

Fund Details

Key Dates
Inception Date 12/17/2004
Last Annual Report Date 9/30/2022
Last Prospectus Date 11/29/2022
Share Classes
PABCX C
PABFX Inst
PIBAX A
PIBQX Retirement
Attributes
Index Fund No
Inverse Fund No
Leveraged Fund No
Fund of Funds No
Currency Hedged Fund No
Synthetic Replication Fund No
Has Dividend Investment Plan No
Socially Responsible Fund No

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