Prudential Launches Target-Date Fund Series

December 11, 2013 ( – Prudential has launched Prudential Day One Funds, its target-date fund series.

The funds were created based on Prudential’s analysis of real savings rates from 850,000 retirement plan participants. According to the company, the funds include a broad array of domestic and foreign equities, fixed income and nontraditional strategies such as real estate and commodities, to provide competitive returns via a four-year track record and an enhanced level of diversification.

A version of the funds is available for use with Prudential IncomeFlex Target, Prudential’s in-plan guaranteed retirement income solution.

More information is available here.