PGKRX: PGIM Jennison Technology R6

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PGKRX PGIM Jennison Technology R6


Profile

PGKRX - Profile

Vitals

  • YTD Return -11.6%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $12.9 M
  • Holdings in Top 10 44.4%

52 WEEK LOW AND HIGH

$10.82
$9.78
$14.00

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.56%

SALES FEES

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

BROKERAGE FEES

  • Turnover 47.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $0
  • IRA N/A

Fund Classification

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

Distributions

  • YTD Total Return -12.8%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.10%
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
    Retirement
  • 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

PGKRX - Performance

Return Ranking - Trailing

Period PGKRX Return Category Return Low Category Return High Rank in Category (%)
YTD -11.6% -25.6% 6.1% 11.67%
1 Yr -0.9% -34.9% 33.2% 15.34%
3 Yr N/A* -31.6% 20.8% N/A
5 Yr N/A* -20.8% 14.8% N/A
10 Yr N/A* -5.6% 14.3% N/A

* Annualized

Return Ranking - Calendar

Period PGKRX Return Category Return Low Category Return High Rank in Category (%)
2019 34.1% -3.0% 62.7% 40.23%
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 PGKRX Return Category Return Low Category Return High Rank in Category (%)
YTD -12.8% -26.6% 6.1% 15.00%
1 Yr -2.3% -35.3% 33.2% 14.77%
3 Yr N/A* -32.1% 18.4% N/A
5 Yr N/A* -21.2% 22.9% N/A
10 Yr N/A* -5.8% 19.0% N/A

* Annualized

Total Return Ranking - Calendar

Period PGKRX Return Category Return Low Category Return High Rank in Category (%)
2019 34.1% -3.0% 62.7% 40.23%
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

PGKRX - Holdings

Concentration Analysis

PGKRX Category Low Category High PGKRX % Rank
Net Assets 12.9 M 87.9 K 27.8 B 93.89%
Number of Holdings 43 22 384 79.44%
Net Assets in Top 10 5.74 M 33.5 K 16 B 94.44%
Weighting of Top 10 44.42% 14.3% 84.3% 62.78%

Top 10 Holdings

  1. Apple Inc 7.53%
  2. Microsoft Corp 7.15%
  3. NVIDIA Corp 5.89%
  4. Visa Inc Class A 4.09%
  5. SBA Communications Corp 3.63%
  6. Salesforce.com Inc 3.58%
  7. Alibaba Group Holding Ltd ADR 3.55%
  8. American Tower Corp 3.29%
  9. Coupa Software Inc 2.87%
  10. Amazon.com Inc 2.83%

Asset Allocation

Weighting Return Low Return High PGKRX % Rank
Stocks
99.09% 85.22% 100.04% 27.78%
Cash
0.91% 0.00% 14.61% 74.44%
Preferred Stocks
0.00% 0.00% 1.04% 75.56%
Other
0.00% -1.65% 6.59% 71.11%
Convertible Bonds
0.00% 0.00% 0.10% 72.78%
Bonds
0.00% 0.00% 0.13% 73.89%

Stock Sector Breakdown

Weighting Return Low Return High PGKRX % Rank
Technology
60.53% 28.03% 100.00% 55.56%
Consumer Cyclical
11.46% 0.00% 31.80% 23.89%
Communication Services
9.69% 0.00% 43.22% 73.89%
Real Estate
8.76% 0.00% 8.76% 2.22%
Financial Services
4.13% 0.00% 40.81% 58.33%
Healthcare
3.64% 0.00% 33.19% 27.22%
Industrials
1.79% 0.00% 33.78% 44.44%
Utilities
0.00% 0.00% 3.80% 72.22%
Energy
0.00% 0.00% 1.12% 72.22%
Consumer Defense
0.00% 0.00% 6.01% 80.00%
Basic Materials
0.00% 0.00% 3.13% 75.00%

Stock Geographic Breakdown

Weighting Return Low Return High PGKRX % Rank
US
84.45% 43.10% 99.26% 59.44%
Non US
14.64% 0.54% 55.78% 38.89%

Expenses

PGKRX - Expenses

Operational Fees

PGKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.56% 0.10% 26.92% 7.39%
Management Fee 0.75% 0.09% 1.95% 49.72%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.04% 0.50% N/A

Sales Fees

PGKRX 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% 5.00% N/A

Trading Fees

PGKRX 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.

PGKRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 47.00% 0.00% 732.00% 54.65%

Distributions

PGKRX - Distributions

Dividend Yield Analysis

PGKRX Category Low Category High PGKRX % Rank
Dividend Yield 0.00% 0.00% 12.20% 73.33%

Dividend Distribution Analysis

PGKRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

PGKRX Category Low Category High PGKRX % Rank
Net Income Ratio 0.10% -2.08% 1.32% 22.73%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PGKRX - Fund Manager Analysis

Managers

Erika Klauer


Start Date

Tenure

Tenure Rank

Jun 19, 2018

1.7

1.7%

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

1.7

1.7%

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
0.25 30.18 8.14 6.01