Intended for Financial Professional and Institutional Plan Sponsor Use.

Prudential Day One® Target Date Funds

Solving for the Right Risks at the Right Time


Choosing a Target Date Fund may be one of the most important decisions a retirement plan fiduciary will make.

The Prudential Day One Funds three stage glidepath was designed to help improve retirement outcomes and help plan participants achieve their retirement goals by solving for the right risks at the right time.


Does not represent actual Glidepath, for illustrative purposes only.

Explore the Day One Funds Investment Vehicles

Insights & Resources

Why young investors should invest in equities

Read more

When's the best time to de-risk?

Read more

How inflation really looks in retirement

Read more

Target Date Fund Evaluation Checklists

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2016 Retirement Preparedness Study

A new study conducted by Prudential Investments explores the challanges facing Americans as they move forward towards retirement.


Achieving Plan

Individual financial wellness begins with a well designed defined contribution plan.


Target Date Fund Solutions for Today's Retirement Challenges

Why Prudential Financial? Scale, Scope, and Experience

The Prudential Day One Funds combine the asset management capabilities of Prudential with the organization’s behaviorial insights, actuarial experience, and leadership in pension risk transfer.

Top 10

Global Asset

Over $1 trillion in assets under management, ranking #9 out of 600 money managers.1

Top 10

Defined Benefit Provider

As the #1 manager of pension risk transfer assets, Prudential Retirement is entrusted by some of the largest Fortune 100 Companies to ensure that the pension obligations made to their participants are met.2

Top 10

Retirement Record Keeper

Prudential Retirement is a top record keeper, servicing over 7,800 defined benefit and defined contribution plans and 4 million participants.2

Experience Day One Funds

See how participants can learn to reevaluate their retirement savings plans as they navigate life milestones on the road to retirement.


1 Source: Prudential Financial was named 9th largest institutional asset manager worldwide, Pensions &Investments: Largest Money Manager’s list, May 2016, data as of 12/31/2015.

2 Plan Sponsor 2016 DC Record-keeping Survey, June 2016, data as of 12/31/2015.

These materials are for informational or educational purposes only. The information is not intended as investment advice and is not a recommendation about managing or investing your retirement savings. In providing these materials Prudential Financial, and its affiliates and subsidiaries, are not acting as your fiduciary as defined by the Department of Labor. Please consult with a qualified investment professional if you wish to obtain investment advice.

The target date is the approximate date when investors plan to retire and may begin withdrawing their money. The asset allocation of the target date funds will become more conservative until the date which is ten years prior to the target date by lessening the equity exposure and increasing the exposure in fixed income investments. The principal value of an investment in a target date fund is not guaranteed at any time, including the target date. There is no guarantee that the fund will provide adequate retirement income.

A target-date fund should not be selected solely based on age or retirement date. Before investing, participants should carefully consider the fund's investment objectives, risks, charges and expenses, as well as their age, anticipated retirement date, risk tolerance, other investments owned, and planned withdrawals.

The stated asset allocation may be subject to change. It is possible to lose money in a target date fund, including losses near and following retirement. Investments in the Funds are not deposits or obligations of any bank and are not insured or guaranteed by any governmental agency or instrumentality.

The Prudential Day One Funds may be offered as mutual funds. You should consider the investment objectives, risks, charges and expenses of each fund carefully before investing. The prospectus and the summary prospectus contain this and other information about the fund. Contact your financial professional for a prospectus and the summary prospectus. Read them carefully before investing.

Shares of the registered mutual funds are offered through Prudential Investment Management Services LLC (PIMS), Newark, NJ, a Prudential Financial company.

Prudential Day One Funds may also be offered as: (i) insurance company separate accounts available under group variable annuity contracts issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT, a Prudential Financial company, and (ii) collective investment trust funds established by Prudential Trust Company, as trustee, a Pennsylvania trust company located in Scranton, PA, and a Prudential Financial company. Each of PRIAC and Prudential Trust Company is solely responsible for its own contractual obligations and financial condition. Offers of the collective investment trust funds may only be made by sales officers of Prudential Trust Company.

The Day One Funds, as insurance company separate accounts or collective investment trust funds, are investment vehicles available only to qualified retirement plans, such as 401(k) plans and government plans, and their participants. Unlike mutual funds, the Day One Funds , as insurance company separate accounts or collective investment trust funds, are exempt from Securities and Exchange Commission registration under both the Securities Act of 1933 and the Investment Company Act of 1940, but are subject to oversight by state banking or insurance regulators, as applicable. Therefore, investors are generally not entitled to the protections of the federal securities laws.

Please note that the Prudential Day One IncomeFlex Target Funds follow a different glidepath than the Day One Funds. The Prudential Day One IncomeFlex Target® Funds were designed for use with Prudential IncomeFlex Target, an in-plan guaranteed retirement income product, and are available as insurance company separate accounts under group variable annuity contracts issued by Prudential Retirement Insurance and Annuity Company (PRIAC), Hartford, CT. PRIAC does not guarantee the investment performance or return on contributions to those separate accounts. PRIAC is solely responsible for its financial condition and contractual obligations. Availability and terms may vary by jurisdiction, subject to regulatory approvals. Guarantees are based on claims-paying ability of the insurance company and are subject to certain limitations, terms and conditions. Annuity contracts contain exclusions, limitations, reductions of benefits and terms for keeping them in force. Contract form #GA-2020-TGWB4-0805. For more information, participants should access the participant service center or call 1-877-778-2100 for a copy of the Prudential IncomeFlex Target Important Considerations before investing. PRIAC is a Prudential Financial company.

© 2017 Prudential Financial, Inc., and its related entities. Prudential, the Prudential logo, the Rock symbol, Prudential Day One, and Bring Your Challenges are service marks of Prudential Financial, Inc. and its related entities, registered in many jurisdictions worldwide.

0299913-00002-00 Ed. 5/2017