PGIM Balanced Fund- Class B (PBFBX) Research

This fund aims to provide investors with both current income and long-term capital appreciation. It employs an active management approach, constructing a diversified portfolio that includes equities, fixed-income instruments, and money market securities. The management team seeks to identify and capitalize on investment opportunities that arise from perceived mispricings in the market. Typically, the fund allocates a significant portion—between 45% and 70%—of its total assets to stocks and other equity-linked securities. Under normal market conditions, 30% to 55% of the portfolio is dedicated to fixed-income investments. The fund also maintains the flexibility to invest up to 15% of its total assets in equity-related securities issued by smaller companies.

Market snapshot

Symbol
PBFBX
Price
$15.25
Day change
-1.17%
Market cap
$903.5M
52-week range
12.19-16.6
Sector
Financial Services
Industry
Asset Management

Peer companies

  • Aristotle Value Equity I-2 (ARSQX)
  • BNY Mellon New York Tax Exempt Bond Fund, Inc. (DRNYX)
  • Allspring Discovery All Cap Growth - Admin (EOMYX)
  • AB Cap Fund, Inc. - AB International Strategic Core Portfolio - A (ISARX)
  • IVA Worldwide Fund Class A (IVWAX)
  • JPMorgan Tax Aware Equity Fund Class A (JPEAX)
  • BMO TCH Core Plus Bond Fund Class Y Shares (MCYBX)
  • MainStay Income Builder Fund Class R3 (MTXVX)

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