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Trending ETFs

Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.09

$333 M

0.00%

$0.00

1.08%

Vitals

YTD Return

16.0%

1 yr return

51.0%

3 Yr Avg Return

12.0%

5 Yr Avg Return

17.9%

Net Assets

$333 M

Holdings in Top 10

48.5%

52 WEEK LOW AND HIGH

$19.2
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.08%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 153.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/26/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$19.09

$333 M

0.00%

$0.00

1.08%

TBDZX - Profile

Distributions

  • YTD Total Return 16.0%
  • 3 Yr Annualized Total Return 12.0%
  • 5 Yr Annualized Total Return 17.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.28%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PGIM JENNISON DIVERSIFIED GROWTH FUND
  • Fund Family Name
    PRUDENTIAL
  • Inception Date
    Sep 27, 2017
  • Shares Outstanding
    N/A
  • Share Class
    Z
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Blair Boyer

Fund Description

The Fund seeks investments that will increase in value. To achieve the Fund’s investment objective, the subadviser purchases stocks of large companies it believes will experience earnings growth at a rate faster than that of the Russell 1000 Index. To identify above-average growth prospects, the subadviser conducts research to determine company, industry, and sector fundamentals and prospects over intermediate and longer terms projecting how industries and businesses will change over time.The subadviser normally invests at least 80% of the Fund’s investable assets in equity and equity-related securities of companies with market capitalizations comparable to those found in the Russell 1000 Index (measured at the time of purchase). The term “investable assets” refers to the Fund’s net assets plus any borrowings for investment purposes. For the purposes of selecting securities for the Fund, comparable market capitalization is defined as those within the range of market capitalizations of companies included in the Russell 1000 Index. The market capitalization within the range will vary, but as of July 31, 2023, the weighted average market capitalization of companies included in the Russell 1000 Index was approximately $626.76 billion, and the market capitalization of the largest company included in the Russell 1000 Index was approximately $3.074 trillion.The Fund may actively and frequently trade its portfolio securities.The subadviser uses a bottom-up, fundamental research-intensive approach to identify companies with attractive valuations and sustainable above-average growth in revenues, earnings, and cash flows. The subadviser supplements this fundamental analysis with an analysis of quantitative factors, such as stock price momentum and stock valuation. Incorporating information from both the subadviser’s fundamental and quantitative analyses, the subadviser constructs a diversified portfolio with sector and risk factor exposures managed relative to the Russell 1000 Growth Index, using a technique known generally as portfolio optimization.
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TBDZX - Performance

Return Ranking - Trailing

Period TBDZX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.0% -9.6% 28.7% 7.43%
1 Yr 51.0% -11.6% 75.4% 10.88%
3 Yr 12.0%* -26.6% 33.9% 11.50%
5 Yr 17.9%* -14.4% 30.8% 10.81%
10 Yr N/A* -5.3% 19.1% 42.86%

* Annualized

Return Ranking - Calendar

Period TBDZX Return Category Return Low Category Return High Rank in Category (%)
2023 46.4% -74.1% 72.4% 9.45%
2022 -32.8% -85.9% 4.7% 41.35%
2021 -1.1% -52.4% 60.5% 75.60%
2020 21.6% -34.3% 145.0% 66.30%
2019 25.5% -21.8% 49.4% 44.81%

Total Return Ranking - Trailing

Period TBDZX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.0% -9.6% 28.7% 7.43%
1 Yr 51.0% -11.6% 75.4% 10.88%
3 Yr 12.0%* -26.6% 33.9% 11.50%
5 Yr 17.9%* -14.4% 30.8% 10.81%
10 Yr N/A* -5.3% 19.1% 40.75%

* Annualized

Total Return Ranking - Calendar

Period TBDZX Return Category Return Low Category Return High Rank in Category (%)
2023 46.4% -4.6% 72.4% 14.18%
2022 -32.8% -61.7% 5.6% 66.70%
2021 22.9% -39.8% 118.1% 43.15%
2020 42.7% 2.8% 149.2% 26.37%
2019 30.5% -5.2% 49.4% 70.77%

NAV & Total Return History


TBDZX - Holdings

Concentration Analysis

TBDZX Category Low Category High TBDZX % Rank
Net Assets 333 M 242 K 222 B 71.09%
Number of Holdings 92 1 3217 27.23%
Net Assets in Top 10 150 M 104 K 111 B 69.14%
Weighting of Top 10 48.52% 0.7% 205.0% 56.80%

Top 10 Holdings

  1. Microsoft Corp 8.34%
  2. NVIDIA Corp 7.31%
  3. Amazon.com Inc 6.72%
  4. Alphabet Inc 4.57%
  5. Meta Platforms Inc 4.46%
  6. Apple Inc 4.26%
  7. Advanced Micro Devices Inc 4.19%
  8. Broadcom Inc 3.55%
  9. Adobe Inc 2.65%
  10. Netflix Inc 2.49%

Asset Allocation

Weighting Return Low Return High TBDZX % Rank
Stocks
98.86% 0.00% 130.05% 46.96%
Cash
0.88% -1.50% 173.52% 59.95%
Preferred Stocks
0.26% 0.00% 7.84% 13.49%
Other
0.00% -43.49% 59.52% 47.81%
Convertible Bonds
0.00% 0.00% 1.94% 36.49%
Bonds
0.00% 0.00% 104.15% 40.05%

Stock Sector Breakdown

Weighting Return Low Return High TBDZX % Rank
Technology
39.42% 0.00% 65.70% 31.59%
Consumer Cyclical
21.55% 0.00% 62.57% 12.58%
Healthcare
9.28% 0.00% 39.76% 82.35%
Financial Services
9.20% 0.00% 43.06% 48.90%
Communication Services
9.10% 0.00% 66.40% 64.36%
Consumer Defense
4.47% 0.00% 25.50% 38.26%
Industrials
4.03% 0.00% 30.65% 73.56%
Real Estate
1.92% 0.00% 16.05% 31.33%
Energy
1.05% 0.00% 41.09% 35.39%
Utilities
0.00% 0.00% 16.07% 56.25%
Basic Materials
0.00% 0.00% 18.91% 83.02%

Stock Geographic Breakdown

Weighting Return Low Return High TBDZX % Rank
US
98.16% 0.00% 130.05% 47.98%
Non US
0.70% 0.00% 78.10% 30.52%

TBDZX - Expenses

Operational Fees

TBDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.08% 0.01% 19.54% 40.49%
Management Fee 0.70% 0.00% 1.50% 67.57%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

TBDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 8.50% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

TBDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% N/A

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.

TBDZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 153.00% 0.00% 316.74% 95.90%

TBDZX - Distributions

Dividend Yield Analysis

TBDZX Category Low Category High TBDZX % Rank
Dividend Yield 0.00% 0.00% 28.41% 66.64%

Dividend Distribution Analysis

TBDZX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual Annual

Net Income Ratio Analysis

TBDZX Category Low Category High TBDZX % Rank
Net Income Ratio -0.28% -6.13% 3.48% 46.51%

Capital Gain Distribution Analysis

TBDZX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

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TBDZX - Fund Manager Analysis

Managers

Blair Boyer


Start Date

Tenure

Tenure Rank

Sep 20, 2005

16.7

16.7%

Blair A. Boyer is a managing director Co-Head of Large Cap Growth Equity and a large cap growth equity portfolio manager. He joined Jennison Associates in March 1993. Prior to joining the Growth Equity team in 2003, Blair co-managed international equity portfolios for 10 years. During his tenure as an international equity portfolio manager, he managed the Jennison International Growth Fund from its inception in March 2000. Blair managed international equity portfolios at Bleichroeder from 1989 to 1993. Prior to that, he was a research analyst and then a senior portfolio manager in the Verus Capital division at Bleichroeder beginning in 1983. He received a BA in economics from Bucknell University and an MBA in finance from New York University.

Kathleen McCarragher


Start Date

Tenure

Tenure Rank

Sep 20, 2005

16.7

16.7%

Kathleen A. McCarragher is a managing director, the head of growth equity, and a large cap growth equity portfolio manager. She joined Jennison Associates in May 1998. Prior to Jennison, Kathleen spent six years with Weiss, Peck & Greer, where she was a managing director and the director of large cap growth equities. In addition, Kathleen spent 10 years with State Street Research & Management, initially as a research analyst responsible for health care, transports, and financials and then as a portfolio manager and member of the investment committee. She received a BBA from the University of Wisconsin-Eau Claire, summa cum laude, and an MBA from Harvard Business School. Ms. McCarragher began her investment career in 1982.

Michael Del Balso


Start Date

Tenure

Tenure Rank

Oct 21, 2005

16.62

16.6%

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.

Jason McManus


Start Date

Tenure

Tenure Rank

Mar 18, 2010

12.21

12.2%

Jason T. McManus is a Managing Director and the Head of Custom Solutions of Jennison, which he joined in July 1997. Since August 2006, he has been managing quantitative portfolios and custom solutions for clients. From 2003 to 2006, he was part of Jennison’s Applied Research team focusing on quantitative research projects and portfolio analytics. Prior to 2003, he worked as a research associate on Jennison's international equity team. He received a BS in economics and computer science from the University at Albany, State University of New York and an MBA in quantitative finance from New York University’s Stern School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 54.45 8.21 3.08