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PJFBX PGIM Jennison Growth B

  • Fund
  • PJFBX
  • Price as of: May 22, 2019
  • $30.94 - $0.09 - 0.29%
  • Category
  • Large Cap Growth Equities

PJFBX - Profile

Vitals

  • YTD Return 16.6%
  • 3 Yr Annualized Return 10.3%
  • 5 Yr Annualized Return 5.5%
  • Net Assets $5.55 B
  • Holdings in Top 10 38.9%

52 WEEK LOW AND HIGH

$30.94
$24.58
$34.37

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.13%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 40.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

Closed to new investors as of Jun 23, 2014

STANDARD (TAXABLE)

$2,500

IRA

$1,000

Investment Themes

CATEGORY

Large Cap Growth Equities
  • Fund Type Open End Mutual Fund
  • Investment Style Large Growth

Distributions

  • YTD Total Return 16.6%
  • 3 Yr Annualized Total Return 10.3%
  • 5 Yr Annualized Total Return 5.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name PGIM Jennison Growth Fund
  • Fund Family Name PGIM Funds (Prudential)
  • Inception Date Nov 02, 1995
  • Shares Outstanding N/A
  • Share Class B
  • Currency USD
  • Domiciled Country United States
  • Manager Spiros “Sig” Segalas

Fund Description

The fund normally invests at least 65% of its total assets in equity and equity-related securities of companies that exceed $1 billion in market capitalization and that the Manager believes have above-average growth prospects. These companies are generally considered medium- to large-capitalization companies. Equity-related securities in which the fund primarily invests are common stocks, nonconvertible preferred stocks and convertible securities.

PJFBX - Performance

Return Ranking - Trailing

Period PJFBX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.6% -7.9% 26.7% 39.56%
1 Yr -3.8% -63.9% 13.6% 33.39%
3 Yr 10.3%* -38.0% 20.9% 19.17%
5 Yr 5.5%* -30.7% 21.4% 23.26%
10 Yr 10.7%* -12.3% 17.3% 25.50%

* Annualized


Return Ranking - Calendar

Period PJFBX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.9% -65.5% 5.0% 26.16%
2017 26.2% -24.8% 41.0% 10.74%
2016 -6.8% -56.6% 18.1% 80.90%
2015 1.6% -38.0% 11.4% 18.83%
2014 2.1% -52.4% 105.4% 44.66%

Total Return Ranking - Trailing

Period PJFBX Return Category Return Low Category Return High Rank in Category (%)
YTD 16.6% 0.0% 26.7% 39.56%
1 Yr -3.8% -63.9% 26.9% 57.34%
3 Yr 10.3%* -38.0% 27.3% 56.27%
5 Yr 5.5%* -30.7% 30.0% 67.17%
10 Yr 10.7%* -12.3% 19.0% 71.33%

* Annualized


Total Return Ranking - Calendar

Period PJFBX Return Category Return Low Category Return High Rank in Category (%)
2018 -8.9% -65.5% 16.5% 52.14%
2017 26.2% -24.8% 48.9% 43.93%
2016 -6.8% -56.6% 26.8% 92.66%
2015 1.6% -38.0% 17.3% 49.96%
2014 2.1% -52.4% 120.7% 79.91%

NAV & Total Return History

PJFBX - Holdings

Concentration Analysis

PJFBX Category Low Category High PJFBX % Rank
Net Assets 5.55 B 898 K 195 B 24.02%
Number of Holdings 60 6 2046 61.83%
Net Assets in Top 10 2.16 B 519 K 54.6 B 23.23%
Weighting of Top 10 38.93% 12.8% 2580.2% 48.73%

Top 10 Holdings

  1. Amazon.com Inc 5.70%

  2. Microsoft Corp 4.95%

  3. Mastercard Inc A 4.12%

  4. Salesforce.com Inc 3.80%

  5. Visa Inc Class A 3.64%

  6. Netflix Inc 3.64%

  7. Facebook Inc A 3.53%

  8. Tencent Holdings Ltd 3.44%

  9. Boeing Co 3.06%

  10. Alibaba Group Holding Ltd ADR 3.06%


Asset Allocation

Weighting Return Low Return High PJFBX % Rank
Stocks
99.58% 17.54% 113.56% 15.63%
Cash
0.42% -2546.61% 57.26% 76.94%
Preferred Stocks
0.00% 0.00% 14.01% 21.75%
Other
0.00% -13.96% 43.00% 31.27%
Convertible Bonds
0.00% 0.00% 2.57% 12.75%
Bonds
0.00% -0.01% 2544.23% 14.85%

Stock Sector Breakdown

Weighting Return Low Return High PJFBX % Rank
Technology
38.99% 0.00% 62.60% 14.15%
Consumer Cyclical
22.71% 0.00% 35.86% 4.28%
Healthcare
11.78% 0.00% 96.81% 55.55%
Financial Services
11.71% 0.00% 39.70% 58.86%
Industrials
8.08% 0.00% 25.15% 70.74%
Consumer Defense
4.64% 0.00% 16.35% 61.66%
Real Estate
0.94% 0.00% 9.48% 42.45%
Communication Services
0.73% 0.00% 14.60% 70.57%
Utilities
0.00% 0.00% 15.76% 43.23%
Energy
0.00% 0.00% 14.90% 72.75%
Basic Materials
0.00% 0.00% 12.25% 82.53%

Stock Geographic Breakdown

Weighting Return Low Return High PJFBX % Rank
US
85.88% 6.81% 113.56% 81.22%
Non US
13.70% 0.00% 91.58% 9.61%

PJFBX - Expenses

Operational Fees

PJFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.13% 0.00% 15.15% 4.89%
Management Fee 0.57% 0.00% 1.44% 35.37%
12b-1 Fee 1.00% 0.00% 1.00% 79.71%
Administrative Fee N/A 0.00% 1.02% N/A

Sales Fees

PJFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 8.50% N/A
Deferred Load 5.00% 1.00% 5.50% 1.03%

Trading Fees

PJFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.05% 5.00% N/A

Turnover 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.

PJFBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 40.00% 0.00% 650.00% 47.42%

PJFBX - Distributions

Dividend Yield Analysis

PJFBX Category Low Category High PJFBX % Rank
Dividend Yield 0.00% 0.00% 0.12% 46.20%

Dividend Distribution Analysis

PJFBX Category Low Category High Category Mode
Dividend Distribution Frequency Semi-Annually Annually Quarterly Annually

Dividend Payout History


Net Income Ratio Analysis

PJFBX Category Low Category High PJFBX % Rank
Net Income Ratio -1.19% -14.30% 2.62% 96.07%

Capital Gain Distribution Analysis

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

PJFBX - Managers

Spiros “Sig” Segalas

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 1999

20.25

20.3%

Spiros "Sig" Segalas is one of the founders of Jennison Associates. In addition to managing institutional portfolios, he has managed the Harbor Capital Appreciation Fund since May 1990. He is also co-manager of the Prudential Jennison Blend Fund, Prudential Jennison Growth Fund, Prudential Jennison 20/20 Focus Fund, and the Prudential Jennison Select Growth Fund. Sig and his Large Cap Growth team have received numerous industry accolades over the years. Sig began his investment career as a research analyst with Bankers Trust Company in 1960 and was responsible for technology, aerospace, and conglomerate securities. In 1963, he was appointed group head of the technology group; in 1967, he was asked to manage a newly introduced commingled emerging growth fund, The Supplemental Equity Fund, for the bank's institutional clients. He was also appointed to the bank's investment policy group. Sig received a BA from Princeton University, after which he served as an officer in the US Navy. He also spent some time in the shipping and construction industries before joining Bankers Trust.


Kathleen A. McCarragher

Manager

Start Date

Tenure

Tenure Rank

Feb 01, 1999

20.25

20.3%

Kathleen A. McCarragher is a managing director, the head of growth equity, and a large cap growth equity portfolio manager. She joined Jennison Associates in May 1998. Prior to Jennison, Kathleen spent six years with Weiss, Peck & Greer, where she was a managing director and the director of large cap growth equities. In addition, Kathleen spent 10 years with State Street Research & Management, initially as a research analyst responsible for health care, transports, and financials and then as a portfolio manager and member of the investment committee. She received a BBA from the University of Wisconsin-Eau Claire, summa cum laude, and an MBA from Harvard Business School.


Michael A. Del Balso

Manager

Start Date

Tenure

Tenure Rank

May 01, 2000

19.01

19.0%

Michael Del Balso is a managing director, the director of research for growth equity, and a large cap growth equity portfolio manager. He joined Jennison Associates in May 1972 as a research analyst. He has been director of research for growth equity since 1994 and became a portfolio manager in 1999. Michael came to Jennison after four years with White, Weld & Company, where he was a vice president, stockholder and followed growth companies with emphasis on the consumer area. He received a BS in industrial administration from Yale University and an MBA from Columbia University.


Blair A. Boyer

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.0

0.0%

Blair A. Boyer is a managing director and a large cap growth equity portfolio manager. He joined Jennison Associates in March 1993. Prior to joining the Growth Equity team in 2003, Blair co-managed international equity portfolios for 10 years. During his tenure as an international equity portfolio manager, he managed the Jennison International Growth Fund from its inception in March 2000. Blair managed international equity portfolios at Bleichroeder from 1989 to 1993. Prior to that, he was a research analyst and then a senior portfolio manager in the Verus Capital division at Bleichroeder beginning in 1983. He received a BA in economics from Bucknell University and an MBA in finance from New York University.


Natasha Kuhlkin

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.0

0.0%

Natasha Kuhlkin, CFA, is a managing director and a large cap growth equity portfolio manager and research analyst. She joined Jennison Associates in May 2004. Prior to Jennison, Natasha was an equity research analyst at Palisade Capital Management, covering the consumer staples and cyclicals sectors. From 1998 to 2003, Natasha was with Evergreen Investment Management, where she was an analyst for the Evergreen Small Cap Value Fund. She received a BS, magna cum laude, in accounting from Binghamton University.


Rebecca Irwin

Manager

Start Date

Tenure

Tenure Rank

May 01, 2019

0.0

0.0%

Rebecca Irwin, Managing Director Rebecca is a large cap growth equity portfolio manager and research analyst. She joined Jennison in 2006. Previously, she worked as a health care analyst at Viking Global Investors. In the decade before Viking, she was with UBS and Salomon Smith Barney. Before that, she was a corporate associate at Fried, Frank, Harris, Shriver & Jacobson. Rebecca received a BA in economics from Queen’s University at Kingston, an LLB from the University of Toronto, and an LLM from Harvard Law School.


Tenure Analysis

Category Low

0.0

Category High

51.36

Category Average

8.53

Category Mode

0.0