PFSZX: PGIM Jennison Financial Services Z

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PFSZX PGIM Jennison Financial Services Z


Profile

PFSZX - Profile

Vitals

  • YTD Return -22.5%
  • 3 Yr Annualized Return -0.8%
  • 5 Yr Annualized Return -2.0%
  • Net Assets $110 M
  • Holdings in Top 10 54.2%

52 WEEK LOW AND HIGH

$12.99
$9.82
$17.69

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.04%

SALES FEES

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

BROKERAGE FEES

  • Turnover 14.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification


Distributions

  • YTD Total Return -22.5%
  • 3 Yr Annualized Total Return -0.8%
  • 5 Yr Annualized Total Return -2.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.87%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    PGIM Jennison Financial Services Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Jun 30, 1999
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Steven Gavios

Fund Description

The fund normally invests at least 80% of its investable assets in equity and equity-related securities of financial services related companies. It invests primarily in securities of issuers in the United States, although it may also invest in securities of issuers in countries throughout the world. The fund may invest up to 30% of its total assets in foreign securities. It is non-diversified.


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Categories

Performance

PFSZX - Performance

Return Ranking - Trailing

Period PFSZX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.5% -55.7% -10.0% 9.33%
1 Yr -13.1% -53.7% 1.5% 9.33%
3 Yr -0.8%* -27.6% 2.3% 5.97%
5 Yr -2.0%* -18.1% 1.5% 29.82%
10 Yr 1.5%* -8.6% 6.2% 61.90%

* Annualized

Return Ranking - Calendar

Period PFSZX Return Category Return Low Category Return High Rank in Category (%)
2019 32.7% 14.9% 34.3% 6.67%
2018 -14.5% -38.6% -13.1% 7.25%
2017 21.8% -9.3% 21.8% 1.52%
2016 1.4% 1.0% 33.7% 93.33%
2015 -12.9% -34.6% 15.9% 85.96%

Total Return Ranking - Trailing

Period PFSZX Return Category Return Low Category Return High Rank in Category (%)
YTD -22.5% -55.7% -10.0% 9.33%
1 Yr -13.1% -53.7% 1.5% 9.33%
3 Yr -0.8%* -27.6% 4.7% 5.97%
5 Yr -2.0%* -18.1% 4.2% 54.39%
10 Yr 1.5%* -8.6% 7.6% 73.81%

* Annualized

Total Return Ranking - Calendar

Period PFSZX Return Category Return Low Category Return High Rank in Category (%)
2019 32.7% 14.9% 34.3% 6.67%
2018 -14.5% -36.1% -4.8% 11.59%
2017 21.8% -9.3% 30.0% 4.55%
2016 1.4% 1.0% 37.9% 93.33%
2015 -12.9% -17.1% 15.9% 92.98%

NAV & Total Return History


Holdings

PFSZX - Holdings

Concentration Analysis

PFSZX Category Low Category High PFSZX % Rank
Net Assets 110 M 984 K 5.82 B 56.00%
Number of Holdings 34 18 426 74.67%
Net Assets in Top 10 59.7 M 418 K 2.44 B 45.33%
Weighting of Top 10 54.18% 19.9% 80.7% 20.00%

Top 10 Holdings

  1. JPMorgan Chase & Co 7.85%
  2. Bank of America Corp 5.98%
  3. Citigroup Inc 5.83%
  4. Fleetcor Technologies Inc 5.80%
  5. Goldman Sachs Group Inc 5.72%
  6. Chubb Ltd 5.51%
  7. Adyen NV 4.54%
  8. Mastercard Inc A 4.51%
  9. Visa Inc Class A 4.44%
  10. MetLife Inc 3.99%

Asset Allocation

Weighting Return Low Return High PFSZX % Rank
Stocks
95.41% 83.92% 100.17% 62.67%
Cash
4.59% 0.00% 6.33% 24.00%
Preferred Stocks
0.00% 0.00% 8.23% 32.00%
Other
0.00% -1.30% 7.57% 33.33%
Convertible Bonds
0.00% 0.00% 0.57% 36.00%
Bonds
0.00% -0.59% 0.00% 28.00%

Stock Sector Breakdown

Weighting Return Low Return High PFSZX % Rank
Financial Services
86.96% 69.78% 100.00% 57.33%
Technology
11.89% 0.00% 13.00% 4.00%
Real Estate
1.15% 0.00% 30.22% 48.00%
Utilities
0.00% 0.00% 0.00% 28.00%
Industrials
0.00% 0.00% 5.65% 52.00%
Healthcare
0.00% 0.00% 0.01% 28.00%
Energy
0.00% 0.00% 0.00% 28.00%
Communication Services
0.00% 0.00% 3.24% 34.67%
Consumer Defense
0.00% 0.00% 0.00% 28.00%
Consumer Cyclical
0.00% 0.00% 11.99% 48.00%
Basic Materials
0.00% 0.00% 4.44% 32.00%

Stock Geographic Breakdown

Weighting Return Low Return High PFSZX % Rank
US
85.35% 40.05% 100.00% 60.00%
Non US
10.06% 0.00% 54.89% 28.00%

Expenses

PFSZX - Expenses

Operational Fees

PFSZX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.04% 0.10% 4.35% 75.68%
Management Fee 0.75% 0.09% 1.25% 26.67%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.05% 0.25% 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% 5.00% 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 14.00% 4.00% 410.00% 25.35%

Distributions

PFSZX - Distributions

Dividend Yield Analysis

PFSZX Category Low Category High PFSZX % Rank
Dividend Yield 0.00% 0.00% 1.60% 28.00%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PFSZX Category Low Category High PFSZX % Rank
Net Income Ratio 0.87% -1.75% 9.95% 52.00%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PFSZX - Fund Manager Analysis

Managers

Steven Gavios


Start Date

Tenure

Tenure Rank

Nov 01, 2017

2.5

2.5%

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

2.5

2.5%

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

2.5

2.5%

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
0.92 23.34 8.73 2.5