Expense Ratio History

PCLRX expense ratio history

PGIM INCOME BUILDER FUND, Class R

Fund company
Target Asset Allocation
Type
Mutual fund

2.84%

In basis points
284 basis points
Yearly cost per $10,000
$284
Prospectus dated
18 February 2026, filed with the SEC; rounded to 0.01%
Last change
Cut from 3.28% on 18 February 2026

Fee over time

PCLRX expense ratio: 2.03% until 28 Sep 2012, then 2.04%; 2.04% until 30 Sep 2013, then 2.02%; 2.02% until 23 Sep 2014, then 2.20%; 2.20% until 30 Dec 2015, then 1.93%; 1.93% until 30 Dec 2016, then 1.87%; 1.87% until 26 Feb 2018, then 4.34%; 4.34% until 28 Dec 2018, then 3.12%; 3.12% until 27 Dec 2019, then 2.58%; 2.58% until 30 Dec 2020, then 2.88%; 2.88% until 15 Feb 2022, then 2.85%; 2.85% until 30 Dec 2022, then 3.20%; 3.20% until 31 Jan 2024, then 3.32%; 3.32% until 18 Feb 2025, then 3.28%; 3.28% until 18 Feb 2026, then 2.84%; read at 2.84% on 18 Feb 2026.0.00%2.00%4.00%6.00%Sep 2011Mar 2014Sep 2016Mar 2019Sep 2021Mar 20242.03% before2.84% from 18 Feb 2026
PCLRX expense ratio: 2.03% until 28 Sep 2012, then 2.04%; 2.04% until 30 Sep 2013, then 2.02%; 2.02% until 23 Sep 2014, then 2.20%; 2.20% until 30 Dec 2015, then 1.93%; 1.93% until 30 Dec 2016, then 1.87%; 1.87% until 26 Feb 2018, then 4.34%; 4.34% until 28 Dec 2018, then 3.12%; 3.12% until 27 Dec 2019, then 2.58%; 2.58% until 30 Dec 2020, then 2.88%; 2.88% until 15 Feb 2022, then 2.85%; 2.85% until 30 Dec 2022, then 3.20%; 3.20% until 31 Jan 2024, then 3.32%; 3.32% until 18 Feb 2025, then 3.28%; 3.28% until 18 Feb 2026, then 2.84%; read at 2.84% on 18 Feb 2026.0.00%2.00%4.00%6.00%Sep 2011Aug 2016Jul 20212.03% before2.84% from 18 Feb 2026
Solid line: the fee in effect after each recorded change. Dashed: the fee before it. Dots: prospectuses filed with the SEC and dates we read the fee from a source.

Share classes

The same fund is sold as 8 share classes, each with its own fee. Figures are from each class's latest prospectus in SEC filings, rounded to 0.01%.

TickerShare classFeeAfter waiversProspectus dated
— — 2.28% — 30 Sep 2011
— — 2.27% — 30 Sep 2013
PCLRX (this page) Class R 2.84% 1.20% 18 Feb 2026
PCGAX Class A 1.78% 0.95% 18 Feb 2026
— — 3.46% 1.70% 27 Dec 2019
PCCFX Class C 2.52% 1.70% 18 Feb 2026
PDCZX Class Z 1.49% 0.70% 18 Feb 2026
PCGQX Class R6 1.46% 0.70% 18 Feb 2026

Every figure we've recorded

DateFeeWhat happened
18 Feb 2026 2.84% In the prospectusTotal annual fund operating expenses in the prospectus dated 2026-02-18 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
18 Feb 2026 2.84% Cut from 3.28% to 2.84%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2026-02-18
18 Feb 2025 3.28% In the prospectusTotal annual fund operating expenses in the prospectus dated 2025-02-18 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
18 Feb 2025 3.28% Cut from 3.32% to 3.28%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2025-02-13
31 Jan 2024 3.32% In the prospectusTotal annual fund operating expenses in the prospectus dated 2024-01-31 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
31 Jan 2024 3.32% Raised from 3.20% to 3.32%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2024-02-15
21 Apr 2023 3.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2023-04-21 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
30 Dec 2022 3.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-12-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Dec 2022 3.20% Raised from 2.85% to 3.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-12-29
15 Feb 2022 2.85% In the prospectusTotal annual fund operating expenses in the prospectus dated 2022-02-15 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
15 Feb 2022 2.85% Cut from 2.88% to 2.85%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2022-02-15
30 Dec 2020 2.88% In the prospectusTotal annual fund operating expenses in the prospectus dated 2020-12-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Dec 2020 2.88% Raised from 2.58% to 2.88%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2020-12-29
27 Dec 2019 2.58% In the prospectusTotal annual fund operating expenses in the prospectus dated 2019-12-27 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
27 Dec 2019 2.58% Cut from 3.12% to 2.58%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2020-11-16
28 Dec 2018 3.12% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-12-28 (form 497), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 497
28 Dec 2018 3.12% Cut from 4.34% to 3.12%Prospectus date; the new figure appears in this filingSource: Prospectus (form 497) filed with the SEC on 2019-07-03
26 Feb 2018 4.34% In the prospectusTotal annual fund operating expenses in the prospectus dated 2018-02-26 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
26 Feb 2018 4.34% Raised from 1.87% to 4.34%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2018-03-16
30 Dec 2016 1.87% In the prospectusTotal annual fund operating expenses in the prospectus dated 2016-12-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Dec 2016 1.87% Cut from 1.93% to 1.87%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-12-30
30 Dec 2015 1.93% In the prospectusTotal annual fund operating expenses in the prospectus dated 2015-12-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Dec 2015 1.93% Cut from 2.20% to 1.93%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2016-01-08
26 Dec 2014 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-12-26 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
23 Sep 2014 2.20% In the prospectusTotal annual fund operating expenses in the prospectus dated 2014-09-23 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
23 Sep 2014 2.20% Raised from 2.02% to 2.20%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2014-10-01
30 Sep 2013 2.02% In the prospectusTotal annual fund operating expenses in the prospectus dated 2013-09-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
30 Sep 2013 2.02% Cut from 2.04% to 2.02%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2013-10-07
28 Sep 2012 2.04% In the prospectusTotal annual fund operating expenses in the prospectus dated 2012-09-28 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS
28 Sep 2012 2.04% Raised from 2.03% to 2.04%Prospectus date; the new figure appears in this filingSource: Prospectus (form 485BPOS) filed with the SEC on 2012-10-12
30 Sep 2011 2.03% In the prospectusTotal annual fund operating expenses in the prospectus dated 2011-09-30 (form 485BPOS), from SEC bulk data, which rounds to 0.01%Source: SEC EDGAR filing, form 485BPOS

What this fee costs

Change the amount, years or return. The estimate keeps the fee at 2.84% and the return steady each year, the same assumptions as the cost example in a fund's prospectus.

$3,200 in fees over 10 years

After fees, $10,000 grows to $12,297.

Fees paid on $10,000 at 5% a year
AfterFees paid
1 year$291
3 years$892
5 years$1,518
10 years$3,200

How we read this figure

The figure is the total annual fund operating expenses line of the fee table in the fund's prospectus, as tagged in the fund company's filing with the SEC. The SEC publishes these figures rounded to four decimal places, so 0.015% appears as 0.02%. The fund company's own page may show a more precise number.

SEC filings give 17 prospectuses for this share class since 2011. Each one is listed above with a link to the filing.

How we read fees