PGIM Jennison NextGeneration Global Opportunities Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.6%
1 yr return
17.4%
3 Yr Avg Return
N/A
5 Yr Avg Return
N/A
Net Assets
$6.68 M
Holdings in Top 10
40.4%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 4.00%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 14.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 09/05/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PAHVX - Profile
Distributions
- YTD Total Return 9.6%
- 3 Yr Annualized Total Return N/A
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.85%
- Dividend Yield 0.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM Jennison NextGeneration Global Opportunities Fund
-
Fund Family NamePrudential
-
Inception DateSep 14, 2021
-
Shares OutstandingN/A
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJohn Donnelly
Fund Description
PAHVX - Performance
Return Ranking - Trailing
Period | PAHVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -44.3% | 9.5% | 95.51% |
1 Yr | 17.4% | -51.1% | 24.7% | N/A |
3 Yr | N/A* | -6.4% | 28.0% | N/A |
5 Yr | N/A* | -4.2% | 18.3% | N/A |
10 Yr | N/A* | 1.0% | 13.7% | N/A |
* Annualized
Return Ranking - Calendar
Period | PAHVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.6% | -50.5% | 18.8% | N/A |
2022 | -40.9% | -27.4% | 103.5% | N/A |
2021 | N/A | 3.5% | 66.4% | N/A |
2020 | N/A | -64.5% | 5.6% | N/A |
2019 | N/A | -9.3% | 49.7% | N/A |
Total Return Ranking - Trailing
Period | PAHVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.6% | -44.3% | 9.5% | 95.51% |
1 Yr | 17.4% | -51.1% | 24.7% | N/A |
3 Yr | N/A* | -6.4% | 28.0% | N/A |
5 Yr | N/A* | -4.2% | 18.3% | N/A |
10 Yr | N/A* | 1.0% | 13.7% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PAHVX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 19.6% | -50.6% | 18.8% | N/A |
2022 | -40.9% | -27.4% | 103.5% | N/A |
2021 | N/A | 3.5% | 66.4% | N/A |
2020 | N/A | -64.5% | 5.6% | N/A |
2019 | N/A | -9.3% | 53.2% | N/A |
NAV & Total Return History
PAHVX - Holdings
Concentration Analysis
PAHVX | Category Low | Category High | PAHVX % Rank | |
---|---|---|---|---|
Net Assets | 6.68 M | 2.31 M | 71.6 B | 91.88% |
Number of Holdings | 43 | 31 | 9561 | 93.75% |
Net Assets in Top 10 | 2.87 M | 452 K | 5.44 B | 59.38% |
Weighting of Top 10 | 40.43% | 4.2% | 63.4% | 11.88% |
Top 10 Holdings
- Vertiv Holdings Co 7.62%
- TopBuild Corp 4.62%
- Cava Group Inc 4.15%
- nVent Electric PLC 3.92%
- Fairfax Financial Holdings Ltd 3.79%
- Nova Ltd 3.54%
- AZEK Co Inc/The 3.46%
- Axon Enterprise Inc 3.35%
- NEXTDC Ltd 3.01%
- elf Beauty Inc 2.98%
Asset Allocation
Weighting | Return Low | Return High | PAHVX % Rank | |
---|---|---|---|---|
Stocks | 98.72% | 40.59% | 104.41% | 71.25% |
Cash | 3.65% | -4.41% | 47.07% | 20.63% |
Preferred Stocks | 0.00% | 0.00% | 1.04% | 34.38% |
Other | 0.00% | -7.94% | 19.71% | 49.38% |
Convertible Bonds | 0.00% | 0.00% | 7.55% | 23.13% |
Bonds | 0.00% | 0.00% | 8.07% | 26.88% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PAHVX % Rank | |
---|---|---|---|---|
Healthcare | 25.13% | 0.00% | 28.38% | 2.50% |
Industrials | 17.96% | 0.00% | 53.77% | 70.00% |
Consumer Cyclical | 14.15% | 0.00% | 71.20% | 6.25% |
Technology | 12.83% | 0.00% | 93.40% | 71.25% |
Consumer Defense | 10.55% | 0.00% | 52.28% | 18.13% |
Basic Materials | 5.94% | 0.00% | 26.39% | 42.50% |
Financial Services | 5.93% | 0.00% | 75.07% | 66.88% |
Real Estate | 3.87% | 0.00% | 43.48% | 55.00% |
Energy | 3.63% | 0.00% | 36.56% | 64.38% |
Utilities | 0.00% | 0.00% | 70.33% | 71.88% |
Communication Services | 0.00% | 0.00% | 23.15% | 89.38% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PAHVX % Rank | |
---|---|---|---|---|
US | 77.32% | 6.76% | 79.19% | 28.13% |
Non US | 21.40% | 12.39% | 83.06% | 81.25% |
PAHVX - Expenses
Operational Fees
PAHVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 4.00% | 0.43% | 2.93% | 66.88% |
Management Fee | 0.96% | 0.30% | 1.25% | 73.75% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.03% | 0.15% | N/A |
Sales Fees
PAHVX 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% | 4.00% | N/A |
Trading Fees
PAHVX 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.
PAHVX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 14.00% | 7.00% | 145.00% | 6.67% |
PAHVX - Distributions
Dividend Yield Analysis
PAHVX | Category Low | Category High | PAHVX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 14.18% | 35.00% |
Dividend Distribution Analysis
PAHVX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annually | Annually | Annually |
Net Income Ratio Analysis
PAHVX | Category Low | Category High | PAHVX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.85% | -1.92% | 6.98% | 82.17% |
Capital Gain Distribution Analysis
PAHVX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
PAHVX - Fund Manager Analysis
Managers
John Donnelly
Start Date
Tenure
Tenure Rank
Sep 14, 2021
0.71
0.7%
John Donnelly, CFA, is a global and international SMid cap equity portfolio manager. He joined Jennison in October 2019. Prior to Jennison, he was a partner and global long/short equity portfolio manager at Garelick Capital Partners. Earlier in his career, he worked at Loomis Sayles & Co. as an equity analyst and Chestnut Partners as an investment banking analyst. John earned a BA in history from Middlebury College.
Mark Baribeau
Start Date
Tenure
Tenure Rank
Sep 14, 2021
0.71
0.7%
Mark B. Baribeau, CFA, is a managing director, the head of global equity, and a global equity portfolio manager. He joined Jennison Associates in April 2011. He was previously with Loomis Sayles for more than 21 years, where he was lead portfolio manager for the Global Equity Opportunities strategy, beginning in 2005. In addition, he managed large cap growth portfolios from 1992 to 2010, serving as lead manager from 1999 to 2010. Prior to his tenure at Loomis, Mark was an economist at John Hancock Financial Services. He received a BA in economics from the University of Vermont and an MA from the University of Maryland. Mark has a CFA designation and is a member of the Boston Security Analysts Society and the National Association of Business Economists.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 39.6 | 7.02 | 9.33 |