PGIM Jennison Equity Income B
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-14.0%
1 yr return
-19.2%
3 Yr Avg Return
-10.7%
5 Yr Avg Return
-8.5%
Net Assets
$955 M
Holdings in Top 10
32.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.01%
SALES FEES
Front Load N/A
Deferred Load 5.00%
TRADING FEES
Turnover 77.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$1,000
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JEIBX - Profile
Distributions
- YTD Total Return -14.0%
- 3 Yr Annualized Total Return -2.6%
- 5 Yr Annualized Total Return -1.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.23%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NamePGIM Jennison Global Equity Income Fund
-
Fund Family NamePGIM Funds (Prudential)
-
Inception DateApr 12, 2004
-
Shares OutstandingN/A
-
Share ClassB
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerShaun Hong
Fund Description
JEIBX - Performance
Return Ranking - Trailing
Period | JEIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.0% | -35.7% | 66.5% | 95.05% |
1 Yr | -19.2% | -22.0% | 98.7% | 99.07% |
3 Yr | -10.7%* | -42.7% | 31.6% | 98.00% |
5 Yr | -8.5%* | -25.8% | 27.9% | 98.45% |
10 Yr | -0.5%* | -9.6% | 15.8% | 96.08% |
* Annualized
Return Ranking - Calendar
Period | JEIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -14.9% | 45.5% | 94.07% |
2022 | -25.3% | -73.8% | 5.4% | 91.11% |
2021 | 8.8% | -76.0% | 54.2% | 88.67% |
2020 | 4.3% | -22.2% | 28.3% | 30.00% |
2019 | -16.6% | -36.4% | 17.2% | 98.06% |
Total Return Ranking - Trailing
Period | JEIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -14.0% | -35.7% | 66.5% | 95.05% |
1 Yr | -19.2% | -22.0% | 98.7% | 99.07% |
3 Yr | -2.6%* | -32.6% | 31.6% | 87.98% |
5 Yr | -1.1%* | -20.9% | 27.9% | 90.46% |
10 Yr | 5.8%* | -9.6% | 18.7% | 69.02% |
* Annualized
Total Return Ranking - Calendar
Period | JEIBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 7.6% | -14.9% | 45.5% | 94.07% |
2022 | -7.8% | -73.8% | 5.4% | 20.16% |
2021 | 14.6% | 1.4% | 54.2% | 85.19% |
2020 | 5.9% | -22.2% | 29.2% | 29.51% |
2019 | -6.4% | -36.4% | 18.6% | 89.44% |
JEIBX - Holdings
Concentration Analysis
JEIBX | Category Low | Category High | JEIBX % Rank | |
---|---|---|---|---|
Net Assets | 955 M | 174 K | 117 B | 32.29% |
Number of Holdings | 62 | 24 | 9700 | 71.43% |
Net Assets in Top 10 | 309 M | -252 M | 25.1 B | 28.39% |
Weighting of Top 10 | 32.70% | 9.8% | 65.6% | 40.11% |
Top 10 Holdings
- Prologis Inc 5.18%
- Linde PLC 3.67%
- Procter & Gamble Co 3.36%
- GlaxoSmithKline PLC 3.04%
- Zurich Insurance Group AG 3.00%
- Crown Castle International Corp 2.99%
- PepsiCo Inc 2.93%
- AstraZeneca PLC ADR 2.91%
- Apple Inc 2.87%
- Iberdrola SA 2.76%
Asset Allocation
Weighting | Return Low | Return High | JEIBX % Rank | |
---|---|---|---|---|
Stocks | 94.80% | 2.12% | 100.24% | 71.61% |
Preferred Stocks | 2.15% | 0.00% | 6.74% | 1.28% |
Other | 1.64% | -0.30% | 20.43% | 3.66% |
Cash | 1.40% | -5.94% | 89.42% | 61.72% |
Convertible Bonds | 0.00% | 0.00% | 0.81% | 82.97% |
Bonds | 0.00% | -11.97% | 19.00% | 85.16% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JEIBX % Rank | |
---|---|---|---|---|
Consumer Defense | 13.11% | -1.09% | 26.14% | 14.13% |
Financial Services | 12.45% | -3.32% | 32.66% | 71.01% |
Technology | 11.77% | 3.47% | 44.50% | 91.56% |
Utilities | 11.21% | -0.68% | 10.51% | 3.30% |
Real Estate | 10.90% | -1.40% | 8.72% | 2.39% |
Healthcare | 10.14% | -4.43% | 26.41% | 85.69% |
Communication Services | 6.99% | -0.46% | 31.40% | 84.40% |
Industrials | 6.22% | -5.03% | 23.74% | 84.59% |
Energy | 6.19% | 0.00% | 11.01% | 2.57% |
Basic Materials | 5.58% | -0.64% | 10.19% | 8.07% |
Consumer Cyclical | 5.44% | 0.57% | 39.63% | 93.58% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JEIBX % Rank | |
---|---|---|---|---|
US | 47.97% | -5.21% | 79.29% | 78.75% |
Non US | 46.83% | -0.77% | 86.53% | 24.18% |
JEIBX - Expenses
Operational Fees
JEIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.01% | 0.08% | 44.68% | 23.42% |
Management Fee | 0.71% | 0.00% | 1.75% | 50.55% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 95.47% |
Administrative Fee | N/A | 0.01% | 0.76% | N/A |
Sales Fees
JEIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.10% | 5.75% | N/A |
Deferred Load | 5.00% | 1.00% | 5.00% | 2.94% |
Trading Fees
JEIBX 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.
JEIBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 77.00% | 0.00% | 995.00% | 85.39% |
JEIBX - Distributions
Dividend Yield Analysis
JEIBX | Category Low | Category High | JEIBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 7.81% | 81.87% |
Dividend Distribution Analysis
JEIBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Quarterly | Annually |
Net Income Ratio Analysis
JEIBX | Category Low | Category High | JEIBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.23% | -2.05% | 6.21% | 38.78% |
Capital Gain Distribution Analysis
JEIBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Semi-Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 22, 2019 | $0.063 | |
Sep 21, 2018 | $0.201 | |
Jun 22, 2018 | $0.027 | |
Mar 23, 2018 | $0.031 | |
Sep 22, 2017 | $0.143 | |
Jun 23, 2017 | $0.036 | |
Mar 24, 2017 | $0.004 | |
Dec 23, 2016 | $0.095 | |
Sep 23, 2016 | $0.075 | |
Jun 17, 2016 | $0.049 | |
Sep 18, 2015 | $0.093 | |
Jun 19, 2015 | $0.040 | |
Mar 20, 2015 | $0.055 | |
Sep 19, 2014 | $0.029 | |
Jun 20, 2014 | $0.139 | |
Mar 21, 2014 | $0.380 | |
Sep 20, 2013 | $0.032 | |
Jun 20, 2013 | $0.119 | |
Mar 22, 2013 | $0.060 | |
Dec 21, 2012 | $0.158 | |
Sep 21, 2012 | $0.134 | |
Jun 22, 2012 | $0.088 | |
Mar 23, 2012 | $0.051 | |
Dec 16, 2011 | $0.092 | |
Sep 16, 2011 | $0.078 | |
Jun 17, 2011 | $0.098 | |
Mar 18, 2011 | $0.121 | |
Dec 17, 2010 | $0.091 | |
Sep 17, 2010 | $0.075 | |
Jun 18, 2010 | $0.126 | |
Mar 19, 2010 | $0.118 |
JEIBX - Fund Manager Analysis
Managers
Shaun Hong
Start Date
Tenure
Tenure Rank
Jan 12, 2007
13.47
13.5%
Shaun Hong, CFA, is a Managing Director and an income and infrastructure portfolio manager. He joined Prudential (now PGIM) in 1999 as an analyst in Prudential's public equity unit responsible for the power, natural gas, and telecommunications industries, and in September 2000 when Prudential’s public equity asset management capabilities were transferred to Jennison, he joined Jennison. Mr. Hong began his career in 1992 as a research analyst covering telecommunications and technology companies at Parker/Hunter, a regional brokerage firm based in Pittsburgh, then joined Equinox Capital Management in 1994 where he covered the utility, consumer products, commodities, and technology sectors. He earned a BS in industrial management from Carnegie Mellon University and he holds the Chartered Financial Analyst (CFA) designation. Mr. Hong is a member of the New York Society of Security Analysts, Inc.
Ubong (Bobby) Edemeka
Start Date
Tenure
Tenure Rank
Jan 12, 2007
13.47
13.5%
Ubong "Bobby" Edemeka is a managing director and an income and infrastructure portfolio manager. He joined Jennison Associates in March 2002. Before joining Jennison, Mr. Edemeka was with Goldman Sachs as a sell-side research analyst on the US Power & Utilities team., for which he covered electric utilities and independent power producers. Prior to Goldman Sachs, he was an analyst on the global utilities team of SSB Citi Asset Management Group, a division of Citigroup. Bobby began his career as an analyst for the Prudential Utility Fund (now PGIM Jennison Utility Fund) in 1997 . He received a BA in government from Harvard University.
Warren Koontz
Start Date
Tenure
Tenure Rank
Dec 18, 2019
0.53
0.5%
Warren Koontz, Jr., CFA, is a managing director, the head of large cap value equity, and a large cap value portfolio manager. He joined Jennison Associates in September 2014. Prior to joining Jennison, Warren was a portfolio manager at Loomis, Sayles & Company for diversified and concentrated value strategies. Prior to joining Loomis, Sayles & Company in 1995, Warren was a senior portfolio manager at Comerica Bank. He also worked for three years as chief investment officer for The Jeffrey Company, a private investment firm. He began his investment career in 1984 at the Public Employees' Retirement System of Ohio as a securities analyst and later became an assistant investment officer. He received a BS in finance and an MBA from The Ohio State University. He is a Chartered Financial Analyst.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 52.7 | 7.45 | 14.76 |