PGIM Real Assets Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
1.7%
1 yr return
4.5%
3 Yr Avg Return
3.7%
5 Yr Avg Return
5.7%
Net Assets
$92.3 M
Holdings in Top 10
99.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.34%
SALES FEES
Front Load 5.50%
Deferred Load N/A
TRADING FEES
Turnover 30.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 04/25/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
PUDAX - Profile
Distributions
- YTD Total Return 1.7%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 5.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.92%
- Dividend Yield 6.2%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePGIM Real Assets Fund
-
Fund Family NamePRUDENTIAL
-
Inception DateDec 30, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerJoel Kallman
Fund Description
PUDAX - Performance
Return Ranking - Trailing
Period | PUDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -1.2% | 24.0% | 68.07% |
1 Yr | 4.5% | -7.5% | 46.4% | 96.77% |
3 Yr | 3.7%* | -7.0% | 7.5% | 13.62% |
5 Yr | 5.7%* | -4.1% | 14.5% | 64.39% |
10 Yr | 2.7%* | 0.5% | 10.6% | 94.62% |
* Annualized
Return Ranking - Calendar
Period | PUDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -0.4% | -12.2% | 23.9% | 97.74% |
2022 | -10.9% | -34.7% | 2.8% | 6.88% |
2021 | 4.7% | -11.9% | 18.1% | 56.23% |
2020 | -0.2% | -20.9% | 39.7% | 92.69% |
2019 | 12.4% | 0.8% | 25.7% | 68.64% |
Total Return Ranking - Trailing
Period | PUDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 1.7% | -1.2% | 24.0% | 68.07% |
1 Yr | 4.5% | -7.5% | 46.4% | 96.77% |
3 Yr | 3.7%* | -7.0% | 7.5% | 13.62% |
5 Yr | 5.7%* | -4.1% | 14.5% | 64.39% |
10 Yr | 2.7%* | 0.5% | 10.6% | 94.62% |
* Annualized
Total Return Ranking - Calendar
Period | PUDAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 2.9% | -12.2% | 26.8% | 97.46% |
2022 | -3.1% | -29.0% | 10.9% | 3.01% |
2021 | 18.0% | -3.0% | 24.2% | 5.93% |
2020 | 4.5% | -19.5% | 40.6% | 91.60% |
2019 | 15.9% | 4.4% | 32.7% | 87.84% |
NAV & Total Return History
PUDAX - Holdings
Concentration Analysis
PUDAX | Category Low | Category High | PUDAX % Rank | |
---|---|---|---|---|
Net Assets | 92.3 M | 789 K | 217 B | 85.46% |
Number of Holdings | 9 | 2 | 15716 | 93.44% |
Net Assets in Top 10 | 97 M | 618 K | 62.8 B | 75.17% |
Weighting of Top 10 | 99.87% | 11.3% | 121.1% | 11.58% |
Top 10 Holdings
- PGIM TIPS Fund 24.45%
- PGIM Select Real Estate Fund 21.07%
- PGIM Quant Solutions Commodity Strategies Fund 17.50%
- PGIM Jennison MLP Fund 12.23%
- PGIM Jennison Global Infrastructure Fund 7.89%
- PGIM Global Real Estate Fund 7.81%
- PGIM Jennison Natural Resource Fund 5.76%
- PGIM Core Ultra Short Bond Fund 1.68%
- iShares Gold Trust 1.47%
Asset Allocation
Weighting | Return Low | Return High | PUDAX % Rank | |
---|---|---|---|---|
Stocks | 98.19% | 0.00% | 103.09% | 32.50% |
Cash | 1.81% | -10.21% | 100.00% | 44.63% |
Preferred Stocks | 0.00% | 0.00% | 23.88% | 52.02% |
Other | 0.00% | -42.80% | 117.44% | 65.55% |
Convertible Bonds | 0.00% | 0.00% | 23.84% | 91.99% |
Bonds | 0.00% | 0.00% | 77.27% | 73.22% |
Stock Sector Breakdown
Weighting | Return Low | Return High | PUDAX % Rank | |
---|---|---|---|---|
Real Estate | 39.79% | 0.00% | 65.01% | 1.13% |
Energy | 32.50% | 0.00% | 85.65% | 1.55% |
Utilities | 10.85% | 0.00% | 99.55% | 4.93% |
Industrials | 8.97% | 0.00% | 24.37% | 75.63% |
Basic Materials | 6.06% | 0.00% | 33.35% | 8.17% |
Communication Services | 0.63% | 0.00% | 38.10% | 95.77% |
Consumer Defense | 0.48% | 0.00% | 15.14% | 97.46% |
Consumer Cyclical | 0.47% | 0.00% | 19.36% | 97.61% |
Technology | 0.27% | 0.00% | 44.21% | 98.59% |
Healthcare | 0.00% | 0.00% | 29.35% | 98.03% |
Financial Services | 0.00% | 0.00% | 38.77% | 99.01% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | PUDAX % Rank | |
---|---|---|---|---|
US | 98.19% | 0.00% | 103.09% | 31.38% |
Non US | 0.00% | 0.00% | 38.68% | 54.11% |
PUDAX - Expenses
Operational Fees
PUDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.34% | 0.03% | 17.63% | 6.24% |
Management Fee | 0.63% | 0.00% | 1.83% | 76.04% |
12b-1 Fee | 0.30% | 0.00% | 1.00% | 57.04% |
Administrative Fee | N/A | 0.01% | 0.83% | N/A |
Sales Fees
PUDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | 5.50% | 2.25% | 5.75% | 45.22% |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
PUDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.00% | 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.
PUDAX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 30.00% | 0.00% | 343.00% | 36.66% |
PUDAX - Distributions
Dividend Yield Analysis
PUDAX | Category Low | Category High | PUDAX % Rank | |
---|---|---|---|---|
Dividend Yield | 6.22% | 0.00% | 17.92% | 23.82% |
Dividend Distribution Analysis
PUDAX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Quarterly |
Net Income Ratio Analysis
PUDAX | Category Low | Category High | PUDAX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.92% | -2.34% | 19.41% | 63.12% |
Capital Gain Distribution Analysis
PUDAX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2023 | $0.142 | OrdinaryDividend |
Oct 31, 2023 | $0.035 | OrdinaryDividend |
Jul 31, 2023 | $0.095 | OrdinaryDividend |
Apr 28, 2023 | $0.029 | OrdinaryDividend |
Dec 23, 2022 | $0.619 | OrdinaryDividend |
Oct 31, 2022 | $0.054 | OrdinaryDividend |
Jul 29, 2022 | $0.071 | OrdinaryDividend |
Apr 29, 2022 | $0.034 | OrdinaryDividend |
Jan 31, 2022 | $0.016 | OrdinaryDividend |
Oct 29, 2021 | $0.046 | OrdinaryDividend |
Jul 30, 2021 | $0.062 | OrdinaryDividend |
Apr 30, 2021 | $0.021 | OrdinaryDividend |
Oct 30, 2020 | $0.022 | OrdinaryDividend |
Apr 30, 2020 | $0.023 | OrdinaryDividend |
Jan 31, 2020 | $0.001 | OrdinaryDividend |
Oct 31, 2019 | $0.035 | OrdinaryDividend |
Jul 31, 2019 | $0.072 | OrdinaryDividend |
Apr 30, 2019 | $0.018 | OrdinaryDividend |
Jan 31, 2019 | $0.002 | OrdinaryDividend |
Dec 26, 2018 | $0.050 | OrdinaryDividend |
Oct 31, 2018 | $0.026 | OrdinaryDividend |
Jul 31, 2018 | $0.048 | OrdinaryDividend |
Apr 30, 2018 | $0.026 | OrdinaryDividend |
Jan 31, 2018 | $0.001 | OrdinaryDividend |
Dec 22, 2017 | $0.059 | OrdinaryDividend |
Oct 31, 2017 | $0.020 | OrdinaryDividend |
Jul 31, 2017 | $0.052 | OrdinaryDividend |
Apr 28, 2017 | $0.038 | OrdinaryDividend |
Jan 31, 2017 | $0.011 | OrdinaryDividend |
Oct 31, 2016 | $0.015 | OrdinaryDividend |
Jul 29, 2016 | $0.054 | OrdinaryDividend |
Dec 28, 2015 | $0.040 | OrdinaryDividend |
Oct 23, 2015 | $0.030 | OrdinaryDividend |
Jul 24, 2015 | $0.031 | OrdinaryDividend |
Dec 27, 2013 | $0.078 | OrdinaryDividend |
Dec 31, 2012 | $0.087 | OrdinaryDividend |
Dec 23, 2011 | $0.096 | OrdinaryDividend |
May 20, 2011 | $0.039 | OrdinaryDividend |
PUDAX - Fund Manager Analysis
Managers
Joel Kallman
Start Date
Tenure
Tenure Rank
Dec 30, 2010
11.42
11.4%
Joel M. Kallman, CFA, is a Vice President and Portfolio Manager for Quantitative Management Associates. Joel is a portfolio manager and a member of the asset allocation team. He also conducts economic and market valuation research. Joel has also held various positions within Prudential's fixed-income group, in areas such as high-yield credit analysis and performance reporting. He earned a BS and MBA in Finance from Rutgers University. He is also a member of the New York Society of Security Analysts and holds the Chartered Financial Analyst (CFA) designation.
Edward Keon
Start Date
Tenure
Tenure Rank
Dec 30, 2010
11.42
11.4%
Edward F. Keon, Jr. is a Managing Director and Chief Investment Strategist for QMA’s Global Multi-Asset Solutions team. In this capacity, he is responsible for portfolio management, analysis, and economic and market valuation research. He also represents the firm through appearances in major media outlets, most notably as a regular guest on CNBC’s Squawk Box. Prior to joining QMA, Ed served as Chief Investment Strategist and Director of Quantitative Research at Prudential Equity Group, LLC, where he was repeatedly voted onto Institutional Investor’s All-American Research Team, and as a Senior Vice President at I/B/E/S International Inc. Ed is a board member of the Chicago Quantitative Alliance, where he heads the committee to develop sound practices in quantitative investment management. He earned a BS in industrial management from the University of Massachusetts Lowell and an MBA in finance and marketing from the Massachusetts Institute of Technology Sloan School of Management.
Edward Campbell
Start Date
Tenure
Tenure Rank
Dec 30, 2010
11.42
11.4%
Edward L. Campbell, CFA, is a Managing Director and Portfolio Manager for QMA working within the Global Multi-Asset Solutions team. In this capacity, he is responsible for portfolio management, analysis, and economic and market valuation research, and he oversees a team of investment professionals. Ed also represents the firm through appearances in major media outlets, most notably as a regular guest on CNBC’s Squawk Box. Prior to joining QMA, Ed served as a Portfolio Manager and Senior Analyst for PGIM Investments’ Strategic Investment Research Group (SIRG). Previously, Ed was a Partner and Vice President at Trilogy Advisors. He earned a BS in economics and international business from The City University of New York and an MBA in finance, global business and organizational leadership from the New York University Stern School of Business.
Rory Cummings
Start Date
Tenure
Tenure Rank
Apr 30, 2015
7.09
7.1%
Rory Cummings, CFA, is a Vice President and Portfolio Manager for QMA working within the Global Multi-Asset Solutions team. In this capacity, he is responsible for portfolio management, analysis, and economic and market valuation research. Prior to his current role, Rory served as a Client Relations Specialist covering a variety of institutional clients. He earned a BA in finance from Seton Hall University and an MBA in financial markets and corporate finance from the New York University Stern School of Business.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.08 | 34.51 | 6.32 | 2.41 |