TBDAX Fees and Costs — PGIM Jennison Diversified Growth Fund, Class A
Data updated: 2026-10-13
The net expense ratio is 0.78%: a 0.44% management fee, a 0.30% 12b-1 fee plus 0.14% other expenses, less a 0.10% fee waiver. This share class carries a maximum front-end sales load of 5.50% and a deferred sales charge of up to 1.00%. In fiscal 2026 the fund paid $25K in broker commissions, 0.0059% of average net assets, and portfolio turnover was 112%.
TBDAX Fees and Expenses
Annual operating expenses and sales charges of TBDAX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | 0.30% |
| Other expenses | 0.14% |
| Gross expense ratio | 0.88% |
| Fee waiver | −0.10% |
| Net expense ratio | 0.78% |
| Sales charges | |
|---|---|
| Max front load | 5.50% |
| Max deferred load | 1.00% |
| Redemption fee | 0.00% |
TBDAX Costs Over Time
On $10,000 invested in TBDAX, assuming 5% a year before costs, total costs come to $1,168 over 5 years, cutting the return by 2.00% 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 |
| Sales charges | $648 | $550 | $550 |
| Fund expenses (net expense ratio 0.78%) | $77 | $242 | $421 |
| Trading costs (broker commissions) | $1 | $2 | $3 |
| Lost growth on money paid in costs | $28 | $99 | $195 |
| Total costs | $754 | $893 | $1,168 |
| Value after costs | $9,746 | $10,684 | $11,594 |
| Impact on return, per year | 7.54% | 2.77% | 2.00% |
TBDAX 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): 0.0059%
- Total broker commissions: $25K
- Bought from dealers (principal trades, not a cost): —
- Portfolio turnover (prospectus): 112%
TBDAX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| WELLS FARGO SECURITIES, LLC | $4K | 17.73% |
| SANFORD C. BERNSTEIN & CO., LLC | $4K | 15.86% |
| RBC CAPITAL MARKETS, LLC | $4K | 15.13% |
| MORGAN STANLEY & CO. LLC | $4K | 14.92% |
| CANTOR FITZGERALD & CO. | $2K | 9.45% |
| UBS Securities LLC | $2K | 7.85% |
| GOLDMAN SACHS & CO. LLC | $2K | 6.56% |
| BOFA SECURITIES, INC. | $1K | 5.17% |
| VIRTU AMERICAS LLC | $1K | 4.87% |
| Perficient, Inc | $580 | 2.45% |
PGIM Jennison Diversified Growth Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TBDQX | Class R6 | 0.44% | none |
| TBDZX | Class Z | 0.61% | none |
| TBDAX | Class A | 0.78% | 5.50% |
| TBDCX | Class C | 1.79% | 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.