PDALX Fees and Costs — PGIM Target Date 2070 Fund, Class R1
Data updated: 2026-10-13
The net expense ratio is 1.00%. There are no sales loads or redemption fees. Portfolio turnover was 21%.
PDALX Fees and Expenses
Annual operating expenses and sales charges of PDALX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.50% |
| Other expenses | — |
| Gross expense ratio | — |
| Fee waiver | — |
| Net expense ratio | 1.00% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
PDALX Costs Over Time
On $10,000 invested in PDALX, assuming 5% a year before costs, total costs come to $626 over 5 years, cutting the return by 1.05% 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 1.00%) | $105 | $328 | $568 |
| Lost growth on money paid in costs | $0 | $16 | $57 |
| Total costs | $105 | $344 | $626 |
| Value after costs | $10,395 | $11,232 | $12,137 |
| Impact on return, per year | 1.05% | 1.05% | 1.05% |
PDALX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $3K
- Portfolio turnover (prospectus): 21%
PDALX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $2K | 76.32% |
| BOFA SECURITIES, INC. | $290 | 9.73% |
| CITADEL SECURITIES LLC | $207 | 6.94% |
| RAYMOND JAMES & ASSOCIATES, INC. | $85 | 2.85% |
| LIQUIDNET, INC. | $42 | 1.41% |
| MORGAN STANLEY & CO. LLC | $41 | 1.37% |
| JP MORGAN SECURITIES LLC | $41 | 1.37% |
PGIM Target Date 2070 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PDAUX | Class R6 | 0.25% | none |
| PDAQX | Class R5 | 0.40% | none |
| PDAOX | Class R4 | 0.50% | none |
| PDANX | Class R3 | 0.60% | none |
| PDAMX | Class R2 | 0.75% | none |
| PDALX | Class R1 | 1.00% | 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.