PGIM Jennison Financial Services Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
10.0%
1 yr return
39.0%
3 Yr Avg Return
7.4%
5 Yr Avg Return
13.0%
Net Assets
$116 M
Holdings in Top 10
59.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.09%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 39.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PFSZX - Profile
Distributions
- YTD Total Return 10.0%
- 3 Yr Annualized Total Return 7.4%
- 5 Yr Annualized Total Return 13.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.56%
- Dividend Yield 1.0%
- Dividend Distribution Frequency None
Fund Details
-
Legal NamePGIM Jennison Financial Services Fund
-
Fund Family NamePrudential
-
Inception DateMay 23, 2001
-
Shares OutstandingN/A
-
Share ClassZ
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerSteven Gavios
Fund Description
PFSZX - Performance
Return Ranking - Trailing
Period | PFSZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | -11.0% | 17.3% | 12.09% |
1 Yr | 39.0% | 7.7% | 43.3% | 9.89% |
3 Yr | 7.4%* | -20.7% | 17.7% | 38.46% |
5 Yr | 13.0%* | -5.8% | 19.5% | 16.48% |
10 Yr | 6.8%* | -1.1% | 13.6% | 56.76% |
* Annualized
Return Ranking - Calendar
Period | PFSZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 13.6% | -12.2% | 29.3% | 20.88% |
2022 | -19.8% | -56.2% | 9.4% | 59.34% |
2021 | 15.0% | 1.6% | 54.4% | 82.61% |
2020 | 10.1% | -41.2% | 61.3% | 13.04% |
2019 | 32.7% | 10.5% | 97.3% | 5.43% |
Total Return Ranking - Trailing
Period | PFSZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 10.0% | -11.0% | 17.3% | 12.09% |
1 Yr | 39.0% | 7.7% | 43.3% | 9.89% |
3 Yr | 7.4%* | -20.7% | 17.7% | 38.46% |
5 Yr | 13.0%* | -5.8% | 19.5% | 16.48% |
10 Yr | 6.8%* | -1.1% | 13.6% | 56.76% |
* Annualized
Total Return Ranking - Calendar
Period | PFSZX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 20.9% | -8.5% | 32.0% | 12.09% |
2022 | -17.4% | -56.2% | 11.4% | 67.03% |
2021 | 27.1% | 18.8% | 56.8% | 76.09% |
2020 | 10.8% | -41.2% | 61.3% | 16.30% |
2019 | 33.7% | 12.8% | 101.7% | 13.04% |
NAV & Total Return History
PFSZX - Holdings
Concentration Analysis
PFSZX | Category Low | Category High | PFSZX % Rank | |
---|---|---|---|---|
Net Assets | 116 M | 1.03 M | 30.3 B | 59.14% |
Number of Holdings | 33 | 26 | 412 | 79.35% |
Net Assets in Top 10 | 74.4 M | 456 K | 18.4 B | 59.78% |
Weighting of Top 10 | 59.85% | 18.0% | 84.7% | 18.48% |
Top 10 Holdings
- JPMorgan Chase Co 9.22%
- Chubb Ltd 6.79%
- KKR Co Inc 6.59%
- Visa Inc 6.17%
- Mastercard Inc 5.55%
- American Express Co 5.48%
- Goldman Sachs Group Inc/The 5.35%
- PGIM Institutional Money Market Fund - D 5.27%
- Moody's Corp 4.75%
- Bank of America Corp 4.68%
Asset Allocation
Weighting | Return Low | Return High | PFSZX % Rank | |
---|---|---|---|---|
Stocks | 98.88% | 87.39% | 107.75% | 54.35% |
Cash | 6.36% | -8.24% | 32.40% | 13.04% |
Preferred Stocks | 0.00% | 0.00% | 3.05% | 35.87% |
Other | 0.00% | -1.65% | 2.20% | 50.00% |
Convertible Bonds | 0.00% | 0.00% | 0.10% | 23.91% |
Bonds | 0.00% | 0.00% | 2.83% | 32.61% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PFSZX % Rank | |
---|---|---|---|---|
Financial Services | 90.27% | 46.33% | 100.00% | 69.57% |
Technology | 8.09% | 0.00% | 43.13% | 8.70% |
Real Estate | 1.64% | 0.00% | 40.95% | 29.35% |
Utilities | 0.00% | 0.00% | 5.37% | 23.91% |
Industrials | 0.00% | 0.00% | 5.08% | 45.65% |
Healthcare | 0.00% | 0.00% | 5.97% | 28.26% |
Energy | 0.00% | 0.00% | 6.18% | 23.91% |
Communication Services | 0.00% | 0.00% | 4.06% | 28.26% |
Consumer Defense | 0.00% | 0.00% | 4.66% | 25.00% |
Consumer Cyclical | 0.00% | 0.00% | 42.54% | 39.13% |
Basic Materials | 0.00% | 0.00% | 4.54% | 25.00% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PFSZX % Rank | |
---|---|---|---|---|
US | 98.88% | 0.00% | 106.12% | 39.13% |
Non US | 0.00% | 0.00% | 99.15% | 50.00% |
PFSZX - Expenses
Operational Fees
PFSZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.09% | 0.08% | 11.17% | 53.26% |
Management Fee | 0.75% | 0.03% | 1.25% | 46.24% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.10% | 0.34% | N/A |
Sales Fees
PFSZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 3.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
PFSZX 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.
PFSZX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 39.00% | 3.00% | 406.00% | 54.32% |
PFSZX - Distributions
Dividend Yield Analysis
PFSZX | Category Low | Category High | PFSZX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.03% | 0.00% | 12.08% | 15.05% |
Dividend Distribution Analysis
PFSZX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | None | Annual | Quarterly | Annual |
Net Income Ratio Analysis
PFSZX | Category Low | Category High | PFSZX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.56% | -0.76% | 10.57% | 73.91% |
Capital Gain Distribution Analysis
PFSZX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2023 | $1.210 | OrdinaryDividend |
Dec 20, 2022 | $0.503 | OrdinaryDividend |
Dec 18, 2020 | $0.111 | OrdinaryDividend |
Dec 20, 2019 | $0.133 | OrdinaryDividend |
Dec 20, 2018 | $0.080 | OrdinaryDividend |
Dec 20, 2017 | $0.207 | OrdinaryDividend |
Dec 20, 2016 | $0.232 | OrdinaryDividend |
Dec 24, 2015 | $0.174 | OrdinaryDividend |
Dec 23, 2014 | $0.223 | OrdinaryDividend |
Dec 23, 2013 | $0.142 | OrdinaryDividend |
Dec 26, 2012 | $0.119 | OrdinaryDividend |
Dec 19, 2011 | $0.212 | OrdinaryDividend |
PFSZX - Fund Manager Analysis
Managers
Steven Gavios
Start Date
Tenure
Tenure Rank
Nov 01, 2017
4.58
4.6%
Steven A. Gavios is a managing director and an equity research analyst. He joined Jennison Associates in March 2005. Prior to Jennison, Steven was a senior managing analyst at Dreyfus for seven years, covering the insurance, stock brokerage, and asset management sectors, and also served as the co-manager. From 1994 to 1997, Steven was a managing director and senior insurance analyst at Bear Stearns. From 1990 to 1994, Steven was a vice president and senior insurance analyst at Kidder Peabody. While at Kidder Peabody, he was ranked on the Institutional Investor All-America Research Team in 1993 and 1994. He received a BA in economics from Wesleyan University and an MBA in finance from The Wharton School, University of Pennsylvania. He is currently a member of the Association of Insurance Financial Analysts.
Jonathan Shapiro
Start Date
Tenure
Tenure Rank
Nov 01, 2017
4.58
4.6%
Jonathan is a smid cap core and financial services equity portfolio manager and an equity research analyst. He joined Jennison in 2006. Previously, Jonathan worked at Goldman Sachs. In his final role at the firm, he led the small companies/special situations research group. Prior to Goldman Sachs, Jonathan worked at KPMG Consulting and Jones Lang Wootton Realty Advisors (now Clarion Partners). He received a BA, magna cum laude, with high honors in history from Dartmouth College and an MBA from the Wharton School, University of Pennsylvania.
Andrew Tucker
Start Date
Tenure
Tenure Rank
Nov 01, 2017
4.58
4.6%
Andrew M. Tucker, CFA, is a managing director and an equity research analyst. He joined Jennison Associates in September 1997. Prior to Jennison, he spent five years with the Wachovia Bank of North Carolina where he served as an equity analyst and a portfolio manager responsible for the basic materials and finance sector. Prior to that, Andrew was a credit officer overseeing a portfolio of corporate loans in total credit exposure. He began his career as a financial analyst in Wachovia's mergers and acquisitions group. He received a BS, magna cum laude, in business administration from Washington and Lee University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 25.42 | 9.67 | 4.58 |