PRJQX: PGIM Jennison Global Opportunities R6

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PRJQX PGIM Jennison Global Opportunities R6


Profile

PRJQX - Profile

Vitals

  • YTD Return 44.0%
  • 3 Yr Annualized Return 24.4%
  • 5 Yr Annualized Return 21.9%
  • Net Assets $6.1 B
  • Holdings in Top 10 48.4%

52 WEEK LOW AND HIGH

$39.47
$21.23
$42.79

Expenses

OPERATING RELATED FEES

  • Expense Ratio 0.87%

SALES FEES

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

BROKERAGE FEES

  • Turnover 52.00%

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 World Large Stock

Distributions

  • YTD Total Return 44.0%
  • 3 Yr Annualized Total Return 24.4%
  • 5 Yr Annualized Total Return 21.9%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio -0.23%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PGIM Jennison Global Opportunities Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Dec 22, 2014
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Mark Baribeau

Fund Description

The fund invests primarily in equity and equity-related securities of companies located around the world. It can invest without limit in foreign securities, typically invests in a number of different countries, and may invest a significant portion of its assets in companies located in emerging markets. The fund may invest in securities of issuers of any market capitalization size.


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Categories

Performance

PRJQX - Performance

Return Ranking - Trailing

Period PRJQX Return Category Return Low Category Return High Rank in Category (%)
YTD 44.0% -35.7% 66.5% 1.60%
1 Yr 61.8% -22.0% 98.7% 1.63%
3 Yr 24.4%* -42.7% 31.6% 1.35%
5 Yr 21.9%* -25.8% 27.9% 0.94%
10 Yr N/A* -9.6% 15.8% N/A

* Annualized

Return Ranking - Calendar

Period PRJQX Return Category Return Low Category Return High Rank in Category (%)
2019 30.6% -14.9% 45.5% 9.12%
2018 -2.5% -73.8% 5.4% 1.92%
2017 43.5% -76.0% 54.2% 2.31%
2016 -4.4% -22.2% 28.3% 94.24%
2015 12.8% -36.4% 17.2% 1.30%

Total Return Ranking - Trailing

Period PRJQX Return Category Return Low Category Return High Rank in Category (%)
YTD 44.0% -35.7% 66.5% 1.60%
1 Yr 61.8% -22.0% 98.7% 1.63%
3 Yr 24.4%* -32.6% 31.6% 1.74%
5 Yr 21.9%* -20.9% 27.9% 2.82%
10 Yr N/A* -9.6% 18.7% N/A

* Annualized

Total Return Ranking - Calendar

Period PRJQX Return Category Return Low Category Return High Rank in Category (%)
2019 30.6% -14.9% 45.5% 9.12%
2018 -2.5% -73.8% 5.4% 2.50%
2017 43.5% 1.4% 54.2% 2.31%
2016 -4.4% -22.2% 29.2% 98.39%
2015 12.8% -36.4% 18.6% 1.30%

NAV & Total Return History


Holdings

PRJQX - Holdings

Concentration Analysis

PRJQX Category Low Category High PRJQX % Rank
Net Assets 6.1 B 174 K 117 B 17.40%
Number of Holdings 45 24 9700 85.76%
Net Assets in Top 10 2.95 B -252 M 25.1 B 16.17%
Weighting of Top 10 48.44% 9.8% 65.6% 9.52%

Top 10 Holdings

  1. Tesla Inc 8.16%
  2. Amazon.com Inc 6.88%
  3. Apple Inc 6.70%
  4. MercadoLibre Inc 4.52%
  5. Adyen NV 4.41%
  6. Netflix Inc 4.07%
  7. Shopify Inc A 4.05%
  8. Meituan Dianping 3.53%
  9. Microsoft Corp 3.11%
  10. Lululemon Athletica Inc 3.02%

Asset Allocation

Weighting Return Low Return High PRJQX % Rank
Stocks
98.93% 2.12% 100.24% 31.46%
Cash
1.06% -5.94% 89.42% 64.67%
Preferred Stocks
0.00% 0.00% 6.74% 88.40%
Other
0.00% -0.30% 20.43% 87.87%
Convertible Bonds
0.00% 0.00% 0.81% 87.35%
Bonds
0.00% -11.97% 19.00% 88.93%

Stock Sector Breakdown

Weighting Return Low Return High PRJQX % Rank
Consumer Cyclical
39.31% 0.57% 39.63% 1.58%
Technology
30.87% 3.47% 44.50% 4.04%
Communication Services
10.53% -0.46% 31.40% 52.72%
Healthcare
8.68% -4.43% 26.41% 91.74%
Consumer Defense
4.44% -1.09% 26.14% 76.98%
Financial Services
2.43% -3.32% 32.66% 97.36%
Basic Materials
1.99% -0.64% 10.19% 71.53%
Industrials
1.75% -5.03% 23.74% 96.31%
Utilities
0.00% -0.68% 10.51% 93.67%
Real Estate
0.00% -1.40% 8.72% 92.44%
Energy
0.00% 0.00% 11.01% 94.38%

Stock Geographic Breakdown

Weighting Return Low Return High PRJQX % Rank
US
55.82% -5.21% 79.29% 56.77%
Non US
43.11% -0.77% 86.53% 30.93%

Expenses

PRJQX - Expenses

Operational Fees

PRJQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.87% 0.08% 44.68% 78.18%
Management Fee 0.81% 0.00% 1.75% 77.15%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

PRJQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.10% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PRJQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 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.

PRJQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 52.00% 0.00% 995.00% 71.74%

Distributions

PRJQX - Distributions

Dividend Yield Analysis

PRJQX Category Low Category High PRJQX % Rank
Dividend Yield 0.00% 0.00% 7.81% 85.24%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

PRJQX Category Low Category High PRJQX % Rank
Net Income Ratio -0.23% -2.05% 6.21% 87.50%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

PRJQX - Fund Manager Analysis

Managers

Mark Baribeau


Start Date

Tenure

Tenure Rank

Mar 14, 2012

8.47

8.5%

Mark B. Baribeau, CFA, is a managing director, the head of global equity, and a global equity portfolio manager. He joined Jennison Associates in April 2011. He was previously with Loomis Sayles for more than 21 years, where he was lead portfolio manager for the Global Equity Opportunities strategy, beginning in 2005. In addition, he managed large cap growth portfolios from 1992 to 2010, serving as lead manager from 1999 to 2010. Prior to his tenure at Loomis, Mark was an economist at John Hancock Financial Services. He received a BA in economics from the University of Vermont and an MA from the University of Maryland. Mark has a CFA designation and is a member of the Boston Security Analysts Society and the National Association of Business Economists.

Thomas Davis


Start Date

Tenure

Tenure Rank

Mar 14, 2012

8.47

8.5%

Thomas F. Davis is a managing director and a global equity portfolio manager of Jennison. He joined Jennison in April 2011. He was previously with Loomis, Sayles & Company for 11 years, most recently as a co-portfolio manager of global equity portfolios. He began his tenure at Loomis as a research analyst covering domestic insurance companies, securities brokers, exchanges, asset managers, and government-sponsored enterprises and as a portfolio manager for a financial sector strategy. Prior to Loomis, Tom was a global equity research analyst at Putnam Investments, covering insurance companies, Asian property developers, and REITs. He received a BA in economics from Dartmouth College and an MBA from Duke University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.04 52.7 7.45 14.76