PCLRX Fees and Costs — PGIM Income Builder Fund, Class R
Data updated: 2026-09-29
The net expense ratio is 1.20% (2.84% before fee waivers). There are no sales loads or redemption fees. In fiscal 2025 the fund paid $7K in broker commissions, 0.0031% of average net assets, and portfolio turnover was 23%.
PCLRX Fees and Expenses
Annual operating expenses and sales charges of PCLRX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.70% |
| 12b-1 fee | 0.75% |
| Other expenses | 0.84% |
| Gross expense ratio | 2.84% |
| Fee waiver | −1.64% |
| Net expense ratio | 1.20% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | Yes |
PCLRX Costs Over Time
On $10,000 invested in PCLRX, assuming 5% a year before costs, total costs come to $749 over 5 years, cutting the return by 1.26% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 1.20%) | $126 | $392 | $679 |
| Trading costs (broker commissions) | $0 | $1 | $2 |
| Lost growth on money paid in costs | $0 | $20 | $69 |
| Total costs | $126 | $413 | $749 |
| Value after costs | $10,374 | $11,163 | $12,013 |
| Impact on return, per year | 1.26% | 1.26% | 1.26% |
PCLRX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0031%
- Total broker commissions: $7K
- Bought from dealers (principal trades, not a cost): $175K
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $6.5M
- Net income from securities lending: $21K (0.009% of average net assets)
PCLRX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| TD SECURITIES (USA) LLC | $1K | 21.06% |
| SANFORD C. BERNSTEIN & CO., LLC | $1K | 20.45% |
| BOFA SECURITIES, INC. | $859 | 14.97% |
| CAPITAL INSTITUTIONAL SERVICES, INC | $638 | 11.11% |
| MORGAN STANLEY & CO. LLC | $415 | 7.23% |
| GOLDMAN SACHS & CO. LLC | $395 | 6.88% |
| KEPLER CAPITAL MARKETS, INC. | $285 | 4.97% |
| LIQUIDNET, INC. | $283 | 4.93% |
| RBC CAPITAL MARKETS, LLC | $258 | 4.49% |
| CITADEL SECURITIES LLC | $224 | 3.90% |
PCLRX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| MORGAN STANLEY & CO. LLC | $175K | 100.00% |
PGIM Income Builder Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PCGQX | Class R6 | 0.70% | none |
| PDCZX | Class Z | 0.70% | none |
| PCGAX | Class A | 0.95% | 4.50% |
| PCLRX | Class R | 1.20% | none |
| PCCFX | Class C | 1.70% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.