JNRRX: PGIM Jennison Natural Resources R

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JNRRX PGIM Jennison Natural Resources R


Profile

JNRRX - Profile

Vitals

  • YTD Return -12.3%
  • 3 Yr Annualized Return -5.4%
  • 5 Yr Annualized Return -4.2%
  • Net Assets $523 M
  • Holdings in Top 10 31.8%

52 WEEK LOW AND HIGH

$27.32
$14.56
$31.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.84%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 39.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jun 01, 2018
  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -12.3%
  • 3 Yr Annualized Total Return -5.0%
  • 5 Yr Annualized Total Return -3.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.18%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    PGIM Jennison Natural Resources Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Aug 22, 2006
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Neil Brown

Fund Description

The fund normally invests at least 80% of investable assets in equity and equity-related securities of natural resource companies and in asset-based securities. Natural resource companies are U.S. and foreign (non-U.S. based) companies that own, explore, mine, process or otherwise develop, or provide goods and services with respect to, natural resources. Asset-based securities are securities, the values of which are related to the market value of a natural resource. The principal type of equity in which the fund invests is common stock. It is non-diversified.


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Categories

Performance

JNRRX - Performance

Return Ranking - Trailing

Period JNRRX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.3% -31.3% 45.0% 77.06%
1 Yr -3.9% -27.7% 50.5% 73.39%
3 Yr -5.4%* -24.9% 99.5% 64.71%
5 Yr -4.2%* -17.7% 62.1% 69.57%
10 Yr -4.4%* -14.0% 8.5% 64.29%

* Annualized

Return Ranking - Calendar

Period JNRRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.3% -25.1% 52.1% 57.14%
2018 -28.9% -46.3% -1.6% 83.17%
2017 4.7% -39.4% 19.1% 60.82%
2016 32.7% 3.4% 50.2% 44.09%
2015 -29.6% -31.0% 0.0% 94.57%

Total Return Ranking - Trailing

Period JNRRX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.3% -31.3% 45.0% 77.06%
1 Yr -3.9% -27.7% 50.5% 73.39%
3 Yr -5.0%* -24.9% 99.5% 64.71%
5 Yr -3.8%* -16.5% 62.1% 72.83%
10 Yr -4.1%* -14.0% 9.9% 82.86%

* Annualized

Total Return Ranking - Calendar

Period JNRRX Return Category Return Low Category Return High Rank in Category (%)
2019 14.3% -25.1% 52.1% 57.14%
2018 -28.0% -46.3% -1.6% 86.14%
2017 4.7% -9.5% 22.7% 69.07%
2016 34.0% 4.1% 73.0% 45.16%
2015 -29.6% -31.0% 0.6% 94.57%

NAV & Total Return History


Holdings

JNRRX - Holdings

Concentration Analysis

JNRRX Category Low Category High JNRRX % Rank
Net Assets 523 M 7.26 M 2.76 B 37.27%
Number of Holdings 69 21 305 30.00%
Net Assets in Top 10 155 M 3.5 M 1.56 B 38.18%
Weighting of Top 10 31.79% 16.6% 76.4% 93.64%

Top 10 Holdings

  1. Newmont Corp 4.19%
  2. Barrick Gold Corp 4.18%
  3. Lundin Mining Corp 3.94%
  4. BHP Group Ltd ADR 3.27%
  5. Agnico Eagle Mines Ltd 3.00%
  6. Kinross Gold Corp 2.97%
  7. Linde PLC 2.80%
  8. Southern Copper Corp 2.59%
  9. First Quantum Minerals Ltd 2.43%
  10. ConocoPhillips 2.43%

Asset Allocation

Weighting Return Low Return High JNRRX % Rank
Stocks
97.95% 59.98% 100.02% 43.64%
Cash
2.05% -0.02% 30.90% 38.18%
Preferred Stocks
0.00% 0.00% 0.00% 8.18%
Other
0.00% -0.28% 22.17% 34.55%
Convertible Bonds
0.00% 0.00% 2.16% 17.27%
Bonds
0.00% 0.00% 11.66% 20.91%

Stock Sector Breakdown

Weighting Return Low Return High JNRRX % Rank
Basic Materials
50.16% 0.00% 100.00% 52.73%
Energy
35.68% 0.00% 72.63% 17.27%
Utilities
5.84% 0.00% 35.65% 8.18%
Technology
3.91% 0.00% 21.43% 4.55%
Industrials
2.57% 0.00% 69.45% 23.64%
Consumer Defense
1.30% 0.00% 10.68% 24.55%
Real Estate
0.54% 0.00% 5.95% 7.27%
Healthcare
0.00% 0.00% 17.20% 20.00%
Financial Services
0.00% 0.00% 21.81% 13.64%
Communication Services
0.00% 0.00% 5.53% 11.82%
Consumer Cyclical
0.00% 0.00% 27.48% 41.82%

Stock Geographic Breakdown

Weighting Return Low Return High JNRRX % Rank
US
52.10% 4.83% 98.71% 25.45%
Non US
45.85% 1.27% 91.05% 68.18%

Expenses

JNRRX - Expenses

Operational Fees

JNRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.84% 0.47% 4.31% 25.45%
Management Fee 0.75% 0.00% 1.25% 38.18%
12b-1 Fee 0.75% 0.00% 1.00% 69.57%
Administrative Fee N/A 0.03% 0.15% N/A

Sales Fees

JNRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JNRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.50% 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.

JNRRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 39.00% 8.00% 111.00% 51.89%

Distributions

JNRRX - Distributions

Dividend Yield Analysis

JNRRX Category Low Category High JNRRX % Rank
Dividend Yield 0.00% 0.00% 0.39% 14.55%

Dividend Distribution Analysis

JNRRX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Net Income Ratio Analysis

JNRRX Category Low Category High JNRRX % Rank
Net Income Ratio 1.18% -1.89% 4.18% 34.55%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JNRRX - Fund Manager Analysis

Managers

Neil Brown


Start Date

Tenure

Tenure Rank

Jul 31, 2006

14.01

14.0%

Neil P. Brown, CFA, is a managing director and a global natural resources equity portfolio manager and research analyst. He joined Jennison Associates in November 2005. Prior to joining Jennison, He worked on the North American oil and gas exploration and production team as an equity research associate/analyst at Deutsche Bank Securities from 2000 to 2005. Prior to joining Deutsche Bank, Neil worked at Donaldson, Lufkin & Jenrette as a research associate covering the exploration and production sector. Neil also worked as an analyst in Metropolitan Life Insurance Company's institutional finance department from 1997 to 2000. He received a BA in mathematics and history from Duke University and is a member of the New York Society of Securities Analysts.

John "Jay" Saunders


Start Date

Tenure

Tenure Rank

Jul 31, 2006

14.01

14.0%

Jay Saunders is a managing director and a global natural resources equity portfolio manager and equity research analyst. He joined Jennison Associates in October 2005. Previously, he was on the global oil team as a vice president at Deutsche Bank Securities from 2000 to 2005, covering North American integrated oils, independent refiners, and exploration and production companies. From 1997 to 2000, Jay worked at the Energy Intelligence Group and became the managing editor for the Oil Market Intelligence newsletter, reporting on a broad range of energy topics. From 1994 to 1997, Jay was with Hart Publications/The Oil Daily Co. where he was an associate editor responsible for oil-related publications. He received a BA from the College of William and Mary and a masters in communication, print journalism from American University. Jay was ranked the number one refiners analyst by Zacks Investment Research in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.25 32.51 9.89 9.84