PGIM Jennison Technology Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
18.8%
1 yr return
71.8%
3 Yr Avg Return
13.2%
5 Yr Avg Return
21.2%
Net Assets
$23.3 M
Holdings in Top 10
62.1%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.44%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 68.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/26/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PGKAX - Profile
Distributions
- YTD Total Return 18.8%
- 3 Yr Annualized Total Return 13.2%
- 5 Yr Annualized Total Return 21.2%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio -0.77%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NamePGIM Jennison Technology Fund
-
Fund Family NamePrudential
-
Inception DateJun 19, 2018
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerNicolas Rubinstein
Fund Description
PGKAX - Performance
Return Ranking - Trailing
Period | PGKAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.8% | -15.0% | 28.6% | 7.93% |
1 Yr | 71.8% | -16.7% | 81.1% | 2.64% |
3 Yr | 13.2%* | -30.8% | 29.1% | 12.56% |
5 Yr | 21.2%* | -9.7% | 35.6% | 26.13% |
10 Yr | N/A* | 0.3% | 27.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | PGKAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 65.4% | -5.6% | 96.9% | 7.96% |
2022 | -38.8% | -73.9% | -16.4% | 47.98% |
2021 | 4.3% | -44.6% | 51.5% | 51.35% |
2020 | 56.6% | 5.5% | 154.1% | 22.12% |
2019 | 33.6% | -3.0% | 63.7% | 50.51% |
Total Return Ranking - Trailing
Period | PGKAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.8% | -15.0% | 28.6% | 7.93% |
1 Yr | 71.8% | -16.7% | 81.1% | 2.64% |
3 Yr | 13.2%* | -30.8% | 29.1% | 12.56% |
5 Yr | 21.2%* | -9.7% | 35.6% | 26.13% |
10 Yr | N/A* | 0.3% | 27.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | PGKAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 65.4% | -2.3% | 96.9% | 8.41% |
2022 | -38.8% | -67.5% | -5.9% | 66.37% |
2021 | 15.1% | -17.8% | 59.2% | 53.15% |
2020 | 63.6% | 17.5% | 157.5% | 27.40% |
2019 | 33.6% | 7.5% | 66.9% | 79.29% |
NAV & Total Return History
PGKAX - Holdings
Concentration Analysis
PGKAX | Category Low | Category High | PGKAX % Rank | |
---|---|---|---|---|
Net Assets | 23.3 M | 4.18 M | 58.1 B | 93.86% |
Number of Holdings | 37 | 10 | 319 | 81.58% |
Net Assets in Top 10 | 14.1 M | 1.23 M | 40.5 B | 91.23% |
Weighting of Top 10 | 62.07% | 11.5% | 100.0% | 14.04% |
Top 10 Holdings
- NVIDIA Corp 15.03%
- Microsoft Corp 10.98%
- Broadcom Inc 9.93%
- Apple Inc 5.48%
- Lam Research Corp 3.82%
- Adobe Inc 3.74%
- MongoDB Inc 3.69%
- Advanced Micro Devices Inc 3.34%
- Snowflake Inc 3.09%
- Salesforce Inc 2.97%
Asset Allocation
Weighting | Return Low | Return High | PGKAX % Rank | |
---|---|---|---|---|
Stocks | 98.82% | 0.00% | 103.06% | 42.98% |
Cash | 1.18% | -0.14% | 26.97% | 60.09% |
Preferred Stocks | 0.00% | 0.00% | 7.72% | 80.26% |
Other | 0.00% | -0.04% | 26.87% | 77.63% |
Convertible Bonds | 0.00% | 0.00% | 0.40% | 76.32% |
Bonds | 0.00% | 0.00% | 90.88% | 76.32% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PGKAX % Rank | |
---|---|---|---|---|
Technology | 63.38% | 2.80% | 100.00% | 70.18% |
Real Estate | 15.05% | 0.00% | 15.05% | 0.88% |
Consumer Cyclical | 6.21% | 0.00% | 32.97% | 50.00% |
Utilities | 5.17% | 0.00% | 5.17% | 0.88% |
Industrials | 3.63% | 0.00% | 38.68% | 25.44% |
Healthcare | 2.90% | 0.00% | 25.57% | 21.05% |
Communication Services | 2.79% | 0.00% | 97.05% | 79.39% |
Financial Services | 0.88% | 0.00% | 38.36% | 71.93% |
Energy | 0.00% | 0.00% | 1.24% | 75.44% |
Consumer Defense | 0.00% | 0.00% | 5.64% | 79.39% |
Basic Materials | 0.00% | 0.00% | 2.38% | 76.75% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PGKAX % Rank | |
---|---|---|---|---|
US | 98.82% | 0.00% | 103.06% | 28.95% |
Non US | 0.00% | 0.00% | 58.19% | 85.09% |
PGKAX - Expenses
Operational Fees
PGKAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.44% | 0.08% | 6.86% | 6.17% |
Management Fee | 0.75% | 0.03% | 1.95% | 57.89% |
12b-1 Fee | 0.30% | 0.00% | 1.00% | 72.22% |
Administrative Fee | N/A | 0.00% | 0.50% | N/A |
Sales Fees
PGKAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 3.50% | 5.75% | 78.57% |
Deferred Load | N/A | 1.00% | 4.00% | N/A |
Trading Fees
PGKAX 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.
PGKAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 68.00% | 0.69% | 281.00% | 79.44% |
PGKAX - Distributions
Dividend Yield Analysis
PGKAX | Category Low | Category High | PGKAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.37% | 85.09% |
Dividend Distribution Analysis
PGKAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Annual | Annual |
Net Income Ratio Analysis
PGKAX | Category Low | Category High | PGKAX % Rank | |
---|---|---|---|---|
Net Income Ratio | -0.77% | -2.30% | 2.08% | 70.98% |
Capital Gain Distribution Analysis
PGKAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
PGKAX - Fund Manager Analysis
Managers
Nicolas Rubinstein
Start Date
Tenure
Tenure Rank
Jun 19, 2018
3.95
4.0%
Nick is a technology equity portfolio manager and research analyst. He joined Jennison in 1997. He was previously an analyst for the technology corporate finance group at Morgan Stanley, where he focused on the financing needs and strategic positioning of companies in high-technology industries. Prior to Morgan Stanley, Nick was an analyst for the technology corporate finance group at Paine Webber. He received a BA with honors in international relations from Brown University.
Erika Klauer
Start Date
Tenure
Tenure Rank
Jun 19, 2018
3.95
4.0%
Erika is a technology equity portfolio manager and research analyst. She joined Jennison in 2001. Prior to Jennison, she was director of global semiconductor research at Deutsche Bank Alex. Brown and a senior semiconductor equipment analyst at Salomon Brothers. She began her career at Paine Webber. Erika received a BA in English and philosophy from Georgetown University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 32.43 | 8.4 | 1.41 |