TBDBX: PGIM Jennison Diversified Growth B

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TBDBX PGIM Jennison Diversified Growth B


Profile

TBDBX - Profile

Vitals

  • YTD Return 8.7%
  • 3 Yr Annualized Return 3.6%
  • 5 Yr Annualized Return 2.8%
  • Net Assets $271 M
  • Holdings in Top 10 42.4%

52 WEEK LOW AND HIGH

$11.97
$8.35
$12.38

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.71%

SALES FEES

  • Front Load N/A
  • Deferred Load 5.00%

BROKERAGE FEES

  • Turnover 125.00%

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

Fund Classification


Distributions

  • YTD Total Return 8.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 2.8%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -1.19%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    PGIM Jennison Diversified Growth Fund
  • Fund Family Name
    PGIM Funds (Prudential)
  • Inception Date
    Nov 03, 1999
  • Shares Outstanding
    N/A
  • Share Class
    B
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Blair Boyer

Fund Description

The fund normally invests at least 80% of its investable assets in equity and equity-related securities of companies with market capitalizations comparable to those found in the Russell 1000 Index. It may actively and frequently trade its portfolio securities.


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Categories

Performance

TBDBX - Performance

Return Ranking - Trailing

Period TBDBX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -91.6% 86.2% 65.88%
1 Yr 8.9% -92.0% 107.3% 59.30%
3 Yr 3.6%* -59.0% 39.7% 69.13%
5 Yr 2.8%* -41.4% 33.4% 64.80%
10 Yr 7.0%* -18.4% 17.8% 63.10%

* Annualized

Return Ranking - Calendar

Period TBDBX Return Category Return Low Category Return High Rank in Category (%)
2019 22.6% -67.9% 49.9% 57.87%
2018 -13.1% -65.5% 10.6% 54.31%
2017 7.7% -46.3% 52.2% 90.56%
2016 3.2% -56.6% 15.3% 29.09%
2015 -6.4% -82.5% 11.4% 69.50%

Total Return Ranking - Trailing

Period TBDBX Return Category Return Low Category Return High Rank in Category (%)
YTD 8.7% -91.6% 86.2% 65.88%
1 Yr 8.9% -92.0% 107.3% 59.22%
3 Yr 3.6%* -57.9% 39.7% 82.42%
5 Yr 2.8%* -38.8% 33.4% 83.85%
10 Yr 7.0%* -16.8% 21.9% 86.56%

* Annualized

Total Return Ranking - Calendar

Period TBDBX Return Category Return Low Category Return High Rank in Category (%)
2019 22.6% -67.9% 49.9% 57.94%
2018 -13.1% -65.5% 16.5% 71.04%
2017 7.7% -28.2% 52.2% 95.86%
2016 3.2% -56.6% 17.1% 42.66%
2015 -6.4% -38.0% 17.3% 87.10%

NAV & Total Return History


Holdings

TBDBX - Holdings

Concentration Analysis

TBDBX Category Low Category High TBDBX % Rank
Net Assets 271 M 818 K 235 B 71.74%
Number of Holdings 102 1 2263 26.06%
Net Assets in Top 10 109 M 399 K 71.6 B 70.83%
Weighting of Top 10 42.37% 13.5% 100.0% 53.18%

Top 10 Holdings

  1. Microsoft Corp 6.62%
  2. Apple Inc 6.46%
  3. Amazon.com Inc 5.73%
  4. Alphabet Inc A 5.27%
  5. NVIDIA Corp 3.48%
  6. Mastercard Inc A 3.24%
  7. Adobe Inc 3.12%
  8. Tesla Inc 3.12%
  9. Facebook Inc A 2.74%
  10. Netflix Inc 2.59%

Asset Allocation

Weighting Return Low Return High TBDBX % Rank
Stocks
98.99% 60.93% 103.32% 33.94%
Cash
1.01% -5.73% 39.07% 62.20%
Preferred Stocks
0.00% 0.00% 2.55% 50.76%
Other
0.00% -1.64% 18.70% 54.02%
Convertible Bonds
0.00% 0.00% 6.70% 46.82%
Bonds
0.00% -0.48% 13.73% 49.09%

Stock Sector Breakdown

Weighting Return Low Return High TBDBX % Rank
Technology
38.47% 4.67% 54.73% 7.73%
Consumer Cyclical
18.48% 0.00% 44.53% 17.12%
Healthcare
13.53% 0.00% 60.93% 76.97%
Communication Services
12.66% 0.00% 34.83% 45.15%
Financial Services
8.60% 0.00% 41.40% 73.26%
Consumer Defense
4.54% 0.00% 19.15% 44.47%
Industrials
2.72% 0.00% 24.88% 85.76%
Real Estate
0.77% 0.00% 22.16% 66.52%
Basic Materials
0.25% 0.00% 13.33% 70.45%
Utilities
0.00% 0.00% 11.79% 64.47%
Energy
0.00% 0.00% 7.94% 70.76%

Stock Geographic Breakdown

Weighting Return Low Return High TBDBX % Rank
US
91.20% 60.93% 100.05% 63.11%
Non US
7.79% 0.00% 18.83% 25.91%

Expenses

TBDBX - Expenses

Operational Fees

TBDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.71% 0.01% 24.73% 1.87%
Management Fee 0.70% 0.00% 1.40% 66.46%
12b-1 Fee 1.00% 0.00% 1.00% 87.57%
Administrative Fee N/A 0.01% 1.02% N/A

Sales Fees

TBDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.50% 8.50% N/A
Deferred Load 5.00% 1.00% 5.50% 5.46%

Trading Fees

TBDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.50% 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.

TBDBX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 125.00% 0.00% 464.00% 93.33%

Distributions

TBDBX - Distributions

Dividend Yield Analysis

TBDBX Category Low Category High TBDBX % Rank
Dividend Yield 0.00% 0.00% 19.69% 47.72%

Dividend Distribution Analysis

TBDBX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

TBDBX Category Low Category High TBDBX % Rank
Net Income Ratio -1.19% -8.87% 2.43% 96.83%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

TBDBX - Fund Manager Analysis

Managers

Blair Boyer


Start Date

Tenure

Tenure Rank

Sep 20, 2005

14.79

14.8%

Blair A. Boyer is a managing director Co-Head of Large Cap Growth Equity 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.

Kathleen McCarragher


Start Date

Tenure

Tenure Rank

Sep 20, 2005

14.79

14.8%

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. Ms. McCarragher began her investment career in 1982.

Michael Del Balso


Start Date

Tenure

Tenure Rank

Oct 21, 2005

14.7

14.7%

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.

Jason McManus


Start Date

Tenure

Tenure Rank

Mar 18, 2010

10.29

10.3%

Jason T. McManus is a Managing Director and the Head of Custom Solutions of Jennison, which he joined in July 1997. Since August 2006, he has been managing quantitative portfolios and custom solutions for clients. From 2003 to 2006, he was part of Jennison’s Applied Research team focusing on quantitative research projects and portfolio analytics. Prior to 2003, he worked as a research associate on Jennison's international equity team. He received a BS in economics and computer science from the University at Albany, State University of New York and an MBA in quantitative finance from New York University’s Stern School of Business.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.02 37.28 8.3 1.34