PGKCX: PGIM Jennison Technology C

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PGKCX PGIM Jennison Technology C


Profile

PGKCX - Profile

Vitals

  • YTD Return 13.2%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $13.6 M
  • Holdings in Top 10 43.3%

52 WEEK LOW AND HIGH

$13.65
$10.10
$13.78

Expenses

OPERATING RELATED FEES

  • Expense Ratio 26.92%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 47.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA $1,000

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Technology

Distributions

  • YTD Total Return 13.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PGIM Jennison Technology Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Jun 19, 2018
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Erika Klauer

Fund Description

The fund normally invests at least 80% of the fund's investable assets in equity and equity-related securities of technology or technology-related companies. The term "investable assets" refers to the fund's net assets plus any borrowings for investment purposes. The fund's investable assets will be less than its total assets to the extent that it has borrowed money for non-investment purposes, such as to meet anticipated redemptions. It may participate in the initial public offering (IPO) market. The fund is non-diversified.


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Categories

Performance

PGKCX - Performance

Return Ranking - Trailing

Period PGKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -1.0% 29.6% 13.33%
1 Yr 34.4% -13.9% 44.7% 15.91%
3 Yr N/A* -20.1% 29.2% N/A
5 Yr N/A* -15.2% 20.2% N/A
10 Yr N/A* -0.8% 17.8% N/A

* Annualized

Return Ranking - Calendar

Period PGKCX Return Category Return Low Category Return High Rank in Category (%)
2019 32.7% -3.0% 62.7% 48.85%
2018 N/A -49.7% 4.3% N/A
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.1% N/A
2015 N/A -17.6% 11.6% N/A

Total Return Ranking - Trailing

Period PGKCX Return Category Return Low Category Return High Rank in Category (%)
YTD 13.2% -1.0% 29.6% 13.33%
1 Yr 34.4% -13.9% 44.7% 15.91%
3 Yr N/A* -20.1% 33.4% N/A
5 Yr N/A* -15.2% 29.9% N/A
10 Yr N/A* -0.8% 23.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PGKCX Return Category Return Low Category Return High Rank in Category (%)
2019 32.7% -3.0% 62.7% 48.85%
2018 N/A -49.7% 5.1% N/A
2017 N/A -17.3% 55.5% N/A
2016 N/A -17.1% 32.8% N/A
2015 N/A -13.9% 83.1% N/A

NAV & Total Return History


Holdings

PGKCX - Holdings

Concentration Analysis

PGKCX Category Low Category High PGKCX % Rank
Net Assets 13.6 M 87.5 K 30.3 B 92.22%
Number of Holdings 47 22 384 68.89%
Net Assets in Top 10 5.88 M 19 K 17.6 B 92.78%
Weighting of Top 10 43.34% 14.3% 81.1% 61.11%

Top 10 Holdings

  1. Apple Inc 7.83%
  2. Microsoft Corp 7.00%
  3. NVIDIA Corp 5.08%
  4. Visa Inc Class A 4.35%
  5. American Tower Corp 3.58%
  6. Taiwan Semiconductor Manufacturing Co Ltd ADR 3.56%
  7. Alibaba Group Holding Ltd ADR 3.47%
  8. Broadcom Inc 3.45%
  9. SBA Communications Corp 3.07%
  10. Salesforce.com Inc 3.06%

Asset Allocation

Weighting Return Low Return High PGKCX % Rank
Stocks
99.24% 86.23% 100.94% 25.00%
Cash
0.76% 0.00% 12.89% 75.56%
Preferred Stocks
0.00% 0.00% 1.04% 41.11%
Other
0.00% -4.36% 6.59% 42.78%
Convertible Bonds
0.00% 0.00% 0.00% 31.67%
Bonds
0.00% 0.00% 0.13% 36.67%

Stock Sector Breakdown

Weighting Return Low Return High PGKCX % Rank
Technology
60.59% 29.48% 100.00% 56.11%
Communication Services
10.16% 0.00% 43.22% 68.33%
Consumer Cyclical
9.98% 0.00% 31.80% 32.78%
Real Estate
8.18% 0.00% 8.18% 0.56%
Healthcare
4.87% 0.00% 33.24% 24.44%
Financial Services
4.41% 0.00% 47.61% 64.44%
Industrials
1.82% 0.00% 33.78% 37.78%
Utilities
0.00% 0.00% 3.80% 32.22%
Energy
0.00% 0.00% 1.25% 32.22%
Consumer Defense
0.00% 0.00% 6.01% 52.22%
Basic Materials
0.00% 0.00% 3.13% 38.89%

Stock Geographic Breakdown

Weighting Return Low Return High PGKCX % Rank
US
84.39% 42.64% 98.77% 56.11%
Non US
14.85% 0.57% 53.48% 35.00%

Expenses

PGKCX - Expenses

Operational Fees

PGKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 26.92% 0.10% 26.92% 0.57%
Management Fee 0.75% 0.09% 1.95% 44.13%
12b-1 Fee 1.00% 0.00% 1.00% 84.07%
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

PGKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 43.33%

Trading Fees

PGKCX 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.

PGKCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 2.00% 732.00% 50.58%

Distributions

PGKCX - Distributions

Dividend Yield Analysis

PGKCX Category Low Category High PGKCX % Rank
Dividend Yield 0.00% 0.00% 8.15% 35.00%

Dividend Distribution Analysis

PGKCX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

PGKCX Category Low Category High PGKCX % Rank
Net Income Ratio -0.95% -2.08% 1.32% 83.52%

Capital Gain Distribution Analysis

PGKCX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

PGKCX - Fund Manager Analysis

Managers

Erika Klauer


Start Date

Tenure

Tenure Rank

Jun 19, 2018

1.62

1.6%

Erika L. Klauer is a managing director and a technology equity portfolio manager. She joined Jennison Associates in July 2001. Prior to Jennison, Erika was director of global semiconductor research at Deutsche Bank Alex. Brown where she was from 1997 to 2001. In mid-1994, she joined Salomon Brothers as a senior semiconductor equipment analyst and was named vice president in 1995. She began her research career at Paine Webber, in the semiconductor research department, as a research associate. She received a BA from Georgetown University where she serves on the college board of advisors.

Nicolas “Nick” Rubinstein


Start Date

Tenure

Tenure Rank

Jun 19, 2018

1.62

1.6%

Nicolas “Nick” E. Rubinstein is a managing director and a technology equity portfolio manager. He joined Jennison Associates in September 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 in international relations with honors from Brown University. The portfolio managers for the Fund are supported by other Jennison portfolio managers, research analysts and investment professionals. Team members conduct research, make securities recommendations and support the portfolio managers in all activities. Members of the team may change from time to time. Additional information about portfolio manager compensation, other accounts managed, and portfolio manager ownership of Fund securities may be found in the SAI.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.17 30.1 8.06 5.93