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PJFBX Prudential Jennison Growth B

  • Fund
  • PJFBX
  • Price as of: Dec 06, 2016
  • $24.20
  • + $0.02
  • + 0.08%
  • Category
  • Large Cap Growth Equities

PJFBX - Profile

Vitals

  • YTD Return -2.3%
  • 3 Yr Annualized Return 6.7%
  • 5 Yr Annualized Return 12.4%
  • Net Assets $3.43 B
  • Holdings in Top 10 34.4%

52 WEEK LOW AND HIGH

$24.20
$20.45
$25.23

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.73%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 36.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of 2014-06-23

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return -2.3%
  • 3 Yr Annualized Total Return 5.8%
  • 5 Yr Annualized Total Return 12.3%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.89%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name Prudential Jennison Growth
  • Fund Family Name Prudential Investments
  • Inception Date Nov 02, 1995
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Kathleen A. McCarragher

Fund Description

The fund normally invests at least 65% of its total assets in equity and equity-related securities of companies that exceed $1 billion in market capitalization and that the Manager believes have above-average growth prospects. These companies are generally considered medium- to large-capitalization companies. Equity-related securities in which the fund primarily invests are common stocks, nonconvertible preferred stocks and convertible securities.

PJFBX - Performance

Return Ranking - Trailing

Period PJFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -97.0% 126.7% 76.99% 5
1 Yr -3.6% -52.0% 75.7% 87.44% 5
3 Yr 6.7% * -15.1% 30.2% 52.79% 3
5 Yr 12.4% * 3.8% 18.5% 52.62% 3
10 Yr 6.9% * -0.3% 11.9% 47.62% 3

* Annualized


Return Ranking - Calendar

Period PJFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.6% -52.0% 11.4% 17.27% 1
2014 2.1% -40.3% 19.3% 39.64% 3
2013 30.7% -11.8% 56.4% 31.18% 2
2012 14.6% -21.6% 29.1% 42.18% 3
2011 -0.5% -36.6% 14.5% 25.34% 2

Total Return Ranking - Trailing

Period PJFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD -2.3% -97.0% 131.7% 79.71% 5
1 Yr -8.1% -71.3% 2606.2% 93.77% 5
3 Yr 5.8% * -21.9% 43.7% 59.80% 4
5 Yr 12.3% * 2.6% 19.7% 50.57% 3
10 Yr 6.9% * -0.9% 11.9% 44.16% 3

* Annualized


Total Return Ranking - Calendar

Period PJFBX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 11.0% -38.0% 19.0% 6.06% 1
2014 10.1% -17.3% 28.8% 68.16% 4
2013 48.3% -2.9% 382.6% 47.07% 3
2012 20.6% -13.0% 615.0% 63.54% 4
2011 -0.7% -100.0% 67.8% 33.09% 2

NAV & Total Return History

PJFBX - Holdings

Filings data as of: Oct 31, 2016

Concentration Analysis

PJFBX Category Low Category High PJFBX % Rank Quintile
Net Assets 3.43 B 373 K 146 B 6.75% 2
Number of Holdings 61 1 2199 10.03% 3
Net Assets in Top 10 1.26 B 0 36 B 5.21% 2
Weighting of Top 10 34.4% 0.0% 150.9% 16.84% 3

Top 10 Holdings

  1. Apple Inc 4.14%
  2. Facebook Inc A 4.33%
  3. Mastercard Inc A 2.66%
  4. Visa Inc Class A 3.37%
  5. Amazon.com Inc 5.66%
  6. Tencent Holdings Ltd 2.95%
  7. Alibaba Group Holding Ltd ADR 3.25%
  8. Microsoft Corp 3.17%
  9. Alphabet Inc A 2.41%
  10. Alphabet Inc C 2.40%

Asset Allocation

Weighting Category Low Category High PJFBX % Rank Quintile
Stocks
93.04% 0.00% 110.73% 20.24% 5
Cash
6.96% -10.73% 100.00% 3.28% 1
Other
0.00% -1.57% 24.55% 8.29% 3
Convertible Bonds
0.00% 0.00% 3.55% 0.84% 2
Preferred Stocks
0.00% 0.00% 5.54% 2.70% 2
Bonds
0.00% -0.14% 76.74% 3.66% 2

Stock Sector Breakdown

Weighting Category Low Category High PJFBX % Rank Quintile
Technology
32.93% -1.29% 53.71% 4.95% 1
Consumer Cyclical
25.76% -2.22% 49.24% 1.41% 1
Healthcare
12.43% -1.03% 91.28% 21.85% 5
Financial Services
7.28% -2.38% 33.61% 20.63% 4
Industrials
4.91% -0.37% 25.68% 25.26% 5
Communication Services
3.65% 0.00% 12.93% 9.64% 3
Consumer Defense
3.21% -1.43% 27.63% 24.55% 5
Energy
2.39% -1.24% 16.88% 13.75% 3
Basic Materials
0.49% -1.18% 12.25% 18.89% 5
Real Estate
0.00% -0.04% 11.06% 14.97% 4
Utilities
0.00% -0.64% 11.30% 8.42% 3

Stock Geographic Breakdown

Weighting Category Low Category High PJFBX % Rank Quintile
US
81.30% 0.00% 110.73% 27.19% 5
Non US
11.74% 0.00% 89.90% 3.73% 1

PJFBX - Expenses

Operational Fees

PJFBX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.73% 0.00% 24.91% 7.97% 4
Management Fee 0.57% 0.00% 1.50% 3.15% 2
12b-1 Fee 1.00% 0.00% 1.00% 0.10% 5
Administrative Fee N/A 0.00% 1.00% N/A N/A

Sales Fees

PJFBX Fees (% of AUM) Category Low Category High PJFBX Rank Quintile
Front Load N/A 1.50% 8.50% N/A N/A
Deferred Load 5.00% 1.00% 5.50% 0.63% 5

Trading Fees

PJFBX Fees (% of AUM) Category Low Category High PJFBX Rank Quintile
Max Redemption Fee N/A 0.05% 5.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

PJFBX Fees (% of AUM) Category Low Category High PJFBX Rank Quintile
Turnover 36.00% 0.00% 601.00% 10.55% 2

PJFBX - Distributions

Dividend Yield Analysis

PJFBX Category Low Category High PJFBX % Rank Quintile
Dividend Yield N/A 0.00% 2.85% N/A N/A

Dividend Distribution Analysis

PJFBX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

PJFBX Category Low Category High PJFBX % Rank Quintile
Net Income Ratio -0.89% -7.69% 3.70% 16.01% 5

Capital Gain Distribution Analysis

PJFBX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

PJFBX - Managers

Kathleen A. McCarragher

Manager

Start Date

Feb 01, 1999

Tenure

17.84

Tenure Rank

1.5%

McCarragher is a managing director and head of growth equity with Jennison, Ms. McCarragher joined Jennison Associates as an Executive Vice President and portfolio manager in May 1998. She was appointed Head of Growth Equity in January 2003. Previously, she was managing director and director at Weiss, Peck & Greer from 1992 to 1998. McCarragher joined the firm after 10 years with State Street Research and Management Company, initially as a research analyst responsible for health care, transports and financials, and then as a portfolio manager and member of the investment committee. Ms. McCarragher graduated summa cum laude from the University of Wisconsin-Eau Claire with a BBA and received her MBA from Harvard Business School.


Michael A. Del Balso

Lead Manager

Start Date

May 01, 2000

Tenure

16.59

Tenure Rank

1.9%

Michael Del Balso is a managing director, the director of research for growth equity, and a large cap growth equity portfolio manager. He joined Jennison Associates in May 1972 as a research analyst. He has been director of research for growth equity since 1994 and became a portfolio manager in 1999. Michael came to Jennison after four years with White, Weld & Company, where he was a vice president, stockholder and followed growth companies with emphasis on the consumer area. He received a BS in industrial administration from Yale University and an MBA from Columbia University.


Spiros “Sig” Segalas

Lead Manager

Start Date

Feb 01, 1999

Tenure

17.84

Tenure Rank

1.5%

Spiros "Sig" Segalas is one of the founders of Jennison Associates. In addition to managing institutional portfolios, he has managed the Harbor Capital Appreciation Fund since May 1990. He is also co-manager of the Prudential Jennison Blend Fund, Prudential Jennison Growth Fund, Prudential Jennison 20/20 Focus Fund, and the Prudential Jennison Select Growth Fund. Sig was recognized as a "Manager of the Decade" in 2000 by Mutual Fund magazine. Sig began his investment career as a research analyst with Bankers Trust Company in 1960 and was responsible for technology, aerospace, and conglomerate securities. In 1963, he was appointed group head of the technology group; in 1967, he was asked to manage a newly introduced commingled emerging growth fund, The Supplemental Equity Fund, for the bank's institutional clients. He was also appointed to the bank's investment policy group. Sig received a BA from Princeton University, after which he served as an officer in the US Navy. He also spent some time in the shipping and construction industries before joining Bankers Trust.


Tenure Analysis

Category Low

0.0

Category High

49.0

Category Average

7.2

Category Mode

1.9