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Prudential Conservative Allocation C (JDACX)

13.35 Down 0.06(0.45%) Sep 22

Profile as of Aug 30, 2014Get Profile for:
Prudential Conservative Allocation C
Prudential Investment Portfolios, Inc.Gateway Center Three 100 Mulberry StreetNewark, NJ 07102
Phone: 800-225-1852
Fund Overview 
Category:Conservative Allocation
Fund Family:Prudential Investments
Net Assets:149.86M
Year-to-Date Return:4.08%
Morningstar Rating:3 stars
Fund Inception Date:Mar 30, 2004
Morningstar Style Box 
Conservative Allocation
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Management Information 
Joel M. Kallman
Lead Manager since Oct 15, 2007
Joel is an investment associate and analyst for QMA. Prior to joining QMA, Joel held various positions within Prudentials Fixed Income group in areas, such as, high yield credit analysis, performance reporting, and marketing. Joel holds the Chartered Financial Analyst designation.
Investment Information 
Min Initial Investment:2,500
Min Initial Investment, IRA:1,000
Min Initial Investment, AIP:50
Min Subsequent Investment:100
Min Subsequent Investment, IRA:100
Min Subsequent Investment, AIP:50
JDACX can be purchased from 41 brokerages.

Fund Summary 
The investment seeks current income and a reasonable level of capital appreciation. The fund is a "fund of funds," meaning that instead of buying individual securities directly, it invests primarily in other mutual funds within the Prudential Investments fund family. It invests approximately 60% of total assets in underlying funds that invest primarily in fixed-income securities and the remainder of the fund's total assets in underlying funds that invest primarily in equity securities. While the fund is non-diversified, it invests in diversified underlying holdings.

Fund Operations 
Last Dividend (Jul 10, 2014) : 0.01
Last Cap Gain : 0.00
Annual Holdings Turnover (Sep 18, 2014) : 25.00%
Average for Category:39.39%
Fees & Expenses 
ExpenseJDACXCategory Avg
Annual Report Expense Ratio (net):1.47%0.84%
Prospectus Net Expense Ratio:2.26%N/A
Prospectus Gross Expense Ratio:2.26%N/A
Max 12b1 Fee:1.00%N/A
Max Front End Sales Load:N/A4.92%
Max Deferred Sales Load: 1.00%2.39%
3 Yr Expense Projection*:706572
5 Yr Expense Projection*:1,210888
10 Yr Expense Projection*:2,5951,792
* Per $10,000 invested