PGIM Balanced Fund (PABFX) NASDAQ

Currency In USD

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PGIM Balanced Fund

Address

655 Broad St. 17th Floor

Newark, NJ 07102

United States of America (the)

Phone

(973) 367-8982

Sector

Financial Services

Industry

Asset Management

Employees

N/A

First IPO Date

December 31, 1992

Key Executives

N/A
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Description

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.

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