PQDMX Fees and Costs — PGIM Quant Solutions International Developed Markets Index Fund, Class R6
Data updated: 2026-09-29
The net expense ratio is 0.20%: a 0.25% management fee plus 0.70% other expenses, less a 0.76% fee waiver. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3K in broker commissions, 0.0061% of average net assets, and portfolio turnover was 25%.
PQDMX Fees and Expenses
Annual operating expenses and sales charges of PQDMX. Prospectus, as of October 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.25% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.70% |
| Gross expense ratio | 0.96% |
| Fee waiver | −0.76% |
| Net expense ratio | 0.20% |
| 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 |
PQDMX Costs Over Time
On $10,000 invested in PQDMX, assuming 5% a year before costs, total costs come to $131 over 5 years, cutting the return by 0.22% 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 0.20%) | $21 | $66 | $116 |
| Trading costs (broker commissions) | $1 | $2 | $4 |
| Lost growth on money paid in costs | $0 | $3 | $12 |
| Total costs | $22 | $71 | $131 |
| Value after costs | $10,478 | $11,505 | $12,632 |
| Impact on return, per year | 0.22% | 0.22% | 0.22% |
PQDMX 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): 0.0061%
- Total broker commissions: $3K
- Bought from dealers (principal trades, not a cost): $2.8M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $743K
- Net income from securities lending: $2K (0.004% of average net assets)
PQDMX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Instinet LLC | $439 | 19.11% |
| MIZUHO SECURITIES (USA) INC. | $368 | 16.02% |
| VIRTU AMERICAS LLC | $284 | 12.36% |
| MORGAN STANLEY & CO. LLC | $282 | 12.28% |
| CITIGROUP GLOBAL MARKETS INC. | $269 | 11.71% |
| LIQUIDNET, INC. | $247 | 10.75% |
| BARCLAYS CAPITAL, INC. | $142 | 6.18% |
| GOLDMAN SACHS & CO. LLC | $111 | 4.83% |
| CLSA AMERICAS, LLC | $84 | 3.66% |
| JEFFERIES LLC | $71 | 3.09% |
PQDMX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BARCLAYS CAPITAL, INC. | $2.4M | 85.66% |
| J.P. Morgan Securities LLC | $154K | 5.50% |
| HSBC SECURITIES (USA), INC. | $99K | 3.54% |
| CitiGroup Global Markets Inc. | $79K | 2.83% |
| SG AMERICAS SECURITIES, LLC | $69K | 2.48% |
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.