PDOFX Fees and Costs — PGIM Target Date 2065 Fund, Class R4
Data updated: 2026-10-13
The net expense ratio is 0.50% (25.34% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $4 in broker commissions, 0.0002% of average net assets, and portfolio turnover was 72%.
PDOFX Fees and Expenses
Annual operating expenses and sales charges of PDOFX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.00% |
| 12b-1 fee | 0.00% |
| Other expenses | 24.98% |
| Gross expense ratio | 25.34% |
| Fee waiver | −24.84% |
| Net expense ratio | 0.50% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
PDOFX Costs Over Time
On $10,000 invested in PDOFX, assuming 5% a year before costs, total costs come to $316 over 5 years, cutting the return by 0.53% 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 0.50%) | $52 | $165 | $287 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $8 | $29 |
| Total costs | $53 | $173 | $316 |
| Value after costs | $10,447 | $11,403 | $12,447 |
| Impact on return, per year | 0.53% | 0.53% | 0.53% |
PDOFX 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): 0.0002%
- Total broker commissions: $4
- Bought from dealers (principal trades, not a cost): $93K
- Portfolio turnover (prospectus): 72%
PDOFX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| BOFA SECURITIES, INC. | $1 | 33.33% |
| JP MORGAN SECURITIES LLC | $1 | 33.33% |
| BARCLAYS CAPITAL, INC. | $1 | 33.33% |
PDOFX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $71K | 76.42% |
| BOFA SECURITIES, INC. | $9K | 9.74% |
| Goldman Sachs & Co. LLC | $8K | 8.22% |
| CITADEL SECURITIES LLC | $3K | 2.98% |
| VIRTU AMERICAS LLC | $2K | 2.10% |
| CitiGroup Global Markets Inc. | $167 | 0.18% |
| LIQUIDNET, INC. | $125 | 0.13% |
| JP MORGAN SECURITIES LLC | $124 | 0.13% |
| RBC CAPITAL MARKETS, LLC | $85 | 0.09% |
PGIM Target Date 2065 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PDOHX | Class R6 | 0.25% | none |
| PDOGX | Class R5 | 0.40% | none |
| PDOFX | Class R4 | 0.50% | none |
| PDOEX | Class R3 | 0.60% | none |
| PDODX | Class R2 | 0.75% | none |
| PDOAX | 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.