Target International Equity R
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
N/A
1 yr return
24.8%
3 Yr Avg Return
5.7%
5 Yr Avg Return
7.1%
Net Assets
$375 M
Holdings in Top 10
12.5%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.70%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 24.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
TEQRX - Profile
Distributions
- YTD Total Return N/A
- 3 Yr Annualized Total Return 5.7%
- 5 Yr Annualized Total Return 7.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 1.86%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameTarget International Equity Fund
-
Fund Family NamePrudential Funds (PGIM Investments)
-
Inception DateAug 22, 2006
-
Shares OutstandingN/A
-
Share ClassRetirement
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerMichael G. Fry
Fund Description
TEQRX - Performance
Return Ranking - Trailing
Period | TEQRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 2.8% | 23.9% | N/A |
1 Yr | 24.8% | -43.1% | 4.8% | N/A |
3 Yr | 5.7%* | -14.0% | 34.6% | N/A |
5 Yr | 7.1%* | -12.1% | 18.3% | N/A |
10 Yr | 0.8%* | -2.0% | 11.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | TEQRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -50.1% | 68.4% | N/A |
2022 | N/A | -2.4% | 37.4% | N/A |
2021 | N/A | -13.9% | 18.8% | N/A |
2020 | N/A | -27.8% | 7.2% | N/A |
2019 | N/A | -27.8% | 75.2% | N/A |
Total Return Ranking - Trailing
Period | TEQRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | N/A | 2.8% | 23.9% | N/A |
1 Yr | 24.8% | -43.0% | 6.0% | N/A |
3 Yr | 5.7%* | -11.4% | 34.6% | N/A |
5 Yr | 7.1%* | -10.9% | 18.3% | N/A |
10 Yr | 0.8%* | -1.7% | 11.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | TEQRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | N/A | -50.0% | 68.4% | N/A |
2022 | N/A | 8.9% | 37.4% | N/A |
2021 | N/A | -8.0% | 18.8% | N/A |
2020 | N/A | -26.3% | 8.4% | N/A |
2019 | N/A | -27.8% | 96.0% | N/A |
TEQRX - Holdings
Concentration Analysis
TEQRX | Category Low | Category High | TEQRX % Rank | |
---|---|---|---|---|
Net Assets | 375 M | 1.55 M | 382 B | N/A |
Number of Holdings | 283 | 5 | 9089 | N/A |
Net Assets in Top 10 | 46.4 M | -2.08 B | 32.8 B | N/A |
Weighting of Top 10 | 12.48% | 4.2% | 391.9% | N/A |
Top 10 Holdings
- Novartis AG 1.85%
- KDDI Corp 1.36%
- Prudential PLC 1.35%
- Royal Dutch Shell PLC Class A 1.17%
- Cie Generale des Etablissements Michelin SA 1.17%
- DBS Group Holdings Ltd 1.15%
- Sumitomo Mitsui Financial Group Inc 1.13%
- Nippon Telegraph & Telephone Corp 1.13%
- Sanofi SA 1.10%
- Isuzu Motors Ltd 1.06%
Asset Allocation
Weighting | Return Low | Return High | TEQRX % Rank | |
---|---|---|---|---|
Stocks | 98.39% | 31.22% | 121.87% | N/A |
Cash | 1.10% | -24.02% | 33.18% | N/A |
Other | 0.51% | -3.14% | 16.29% | N/A |
Preferred Stocks | 0.00% | 0.00% | 4.19% | N/A |
Convertible Bonds | 0.00% | 0.00% | 4.82% | N/A |
Bonds | 0.00% | -40.90% | 66.62% | N/A |
Stock Sector Breakdown
Weighting | Return Low | Return High | TEQRX % Rank | |
---|---|---|---|---|
Financial Services | 22.19% | 0.00% | 28.68% | N/A |
Consumer Cyclical | 14.86% | 0.02% | 26.61% | N/A |
Industrials | 13.11% | 0.00% | 23.25% | N/A |
Basic Materials | 9.38% | 0.00% | 24.56% | N/A |
Consumer Defense | 9.21% | 0.02% | 32.90% | N/A |
Healthcare | 7.55% | 0.00% | 26.68% | N/A |
Energy | 5.83% | 0.00% | 22.43% | N/A |
Technology | 5.51% | 0.01% | 26.73% | N/A |
Communication Services | 4.95% | 0.00% | 14.60% | N/A |
Utilities | 4.14% | 0.00% | 15.14% | N/A |
Real Estate | 1.66% | 0.00% | 12.35% | N/A |
Stock Geographic Breakdown
Weighting | Return Low | Return High | TEQRX % Rank | |
---|---|---|---|---|
Non US | 94.23% | -1.23% | 134.10% | N/A |
US | 4.16% | -12.23% | 100.94% | N/A |
TEQRX - Expenses
Operational Fees
TEQRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.70% | 0.00% | 4.65% | N/A |
Management Fee | 0.70% | 0.00% | 1.36% | N/A |
12b-1 Fee | 0.75% | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.50% | N/A |
Sales Fees
TEQRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.50% | N/A |
Trading Fees
TEQRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 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.
TEQRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 24.00% | 0.00% | 366.00% | N/A |
TEQRX - Distributions
Dividend Yield Analysis
TEQRX | Category Low | Category High | TEQRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.19% | N/A |
Dividend Distribution Analysis
TEQRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
TEQRX | Category Low | Category High | TEQRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 1.86% | -1.71% | 3.47% | N/A |
Capital Gain Distribution Analysis
TEQRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 15, 2017 | $0.271 | |
Dec 07, 2016 | $0.209 | |
Dec 08, 2014 | $0.212 | |
Dec 12, 2013 | $0.171 | |
Dec 18, 2012 | $0.197 | |
Dec 08, 2011 | $0.189 | |
Dec 02, 2010 | $0.018 | |
Dec 02, 2010 | $0.116 | |
Dec 10, 2009 | $0.108 | |
Dec 11, 2008 | $0.416 | |
Dec 13, 2007 | $0.309 | |
Dec 04, 2006 | $0.242 |
TEQRX - Fund Manager Analysis
Managers
Michael G. Fry
Start Date
Tenure
Tenure Rank
Oct 28, 2014
3.09
3.1%
Michael G. Fry is a Managing Director and Portfolio Manager/Analyst on various international equity teams. From 1995 to 2005, Mr. Fry held several positions at UBS Global Asset Management, including Lead Portfolio Manager and Head of Global Equity Portfolio Management, Global Head of Equity Research and Head of Australian Equities. He joined Lazard in 2005 and has worked in the investment field since 1981. He has co-managed Lazard's portion of the Fund since November 2005.
Puneet Mansharamani
Start Date
Tenure
Tenure Rank
Jan 01, 2006
11.92
11.9%
Puneet Mansharamani, CFA, is a Partner, Portfolio Manager and Quantitative Analyst of LSV. Mr. Mansharamani has more than 14 years of investment experience. At LSV, Mr. Mansharamani is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Prior to joining LSV, Mr. Mansharamani was an Analyst at Institutional Trust National City Corporation. His responsibilities included project management, systems development and designing financial and analytical applications for the Worldwide Web. Prior to this experience, Mr. Mansharamani was a Systems Consultant for Maximations, Inc. where he was responsible for systems development and programming Mainframe and databases used to calculate revenue streams as well as executive reporting. Mr. Mansharamani was also a Systems Analyst for Case Western Reserve University. Mr. Mansharamani earned a B.S. in Engineering from Delhi University, Delhi College of Engineering in 1995 and an M.S. in Engineering at Case Western Reserve University, Case School of Engineering (2001).
Kevin J. Matthews
Start Date
Tenure
Tenure Rank
Oct 28, 2014
3.09
3.1%
Kevin Matthews, CFA is a Portfolio Manager/Analyst on the International Equity and International Equity Select teams. Prior to joining the investment teams, he was a Research Analyst with a background in financials, automotive, aerospace, and capital goods sectors. He began working in the investment field in 2001 when he joined Lazard. Kevin has a BA in Politics and Philosophy from St. Chad's College, Durham University.
Greg Sleight
Start Date
Tenure
Tenure Rank
Jul 22, 2014
3.36
3.4%
Greg Sleight is a Partner, Portfolio Manager and Quantitative Analyst of LSV. At LSV, Mr. Sleight is part of our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Sleight received a B.S. in Material Science & Engineering from the University of Illinois in 2000 and an M.B.A. in Econometrics, Economics & Analytic Finance from the University of Chicago in 2006.
Guy Lakonishok
Start Date
Tenure
Tenure Rank
Jul 22, 2014
3.36
3.4%
Guy Lakonishok, CFA is a Partner, Portfolio Manager and Quantitative Analyst at LSV. Prior to joining LSV, Mr. Lakonishok was a Vice President in the Quantitative Equity group at BlackRock. His responsibilities included research, portfolio implementation, system development and performance attribution. Prior to this experience, Mr. Lakonishok was an analyst in the Quantitative Equity group at Weiss, Peck, and Greer, where he was responsible for developing portfolio analytics and assisting in the day-to-day management of the portfolios. Mr. Lakonishok received a B.S. in Applied Science with a Major in Electrical Engineering from Washington University in St. Louis in 2000. Mr. Lakonishok also received an M.B.A from the University of Chicago - Booth School of Business in 2009, graduating with honors with a dual- concentration in Analytical Finance and Accounting.
John R. Reinsberg
Start Date
Tenure
Tenure Rank
Oct 28, 2014
3.09
3.1%
John Reinsberg is Deputy Chairman of Lazard Asset Management responsible for oversight of the firm's international and global strategies. He is also a Portfolio Manager/Analyst on the Global Equity and International Equity portfolio teams. He began working in the investment field in 1981. Prior to joining Lazard in 1992, John was Executive Vice President with General Electric Investment Corporation and Trustee of the General Electric Pension Trust.
Josef Lakonishok
Start Date
Tenure
Tenure Rank
Apr 30, 2005
12.59
12.6%
Josef Lakonishok is a Founding Partner, CEO and CIO of LSV Asset Management. Dr. Lakonishok has more than 30 years of investment and research experience. Dr. Lakonishok was, until 2004, the William G. Karnes Professor of Finance at the College of Commerce & Business Administration at the University of Illinois at Urbana-Champaign. Before that, he held staff and visiting professorships at Tel Aviv University, Cornell University, the University of North Carolina at Chapel Hill, and the University of British Columbia. Dr. Lakonishok is one of the top contributors to major financial journals and has published more than 80 articles. His research covers such diverse areas as analyst forecasts, execution cost measurement, performance evaluation, momentum strategies, fundamental valuation, seasonalities in stock returns, and share repurchases. Dr. Lakonishok’s work has received many awards, including the Roger F. Murray Award for the paper “Contrarian Investment, Extrapolation, and Risk,†written with Drs. Shleifer and Vishny, and the American Association of Individual Investors Award for the article “Fundamentals and Stock Returns in Japan,†written with Drs. Louis K. C. Chan and Yasushi Hamao. Dr. Lakonishok received a B.A. in Economics and Statistics from Tel Aviv University in 1970 and an M.B.A. from that university in 1972. He earned an M.S. in Business Administration in 1974 and a Ph.D. in Business Administration in 1976 from Cornell University.
Michael A. Bennett
Start Date
Tenure
Tenure Rank
Oct 28, 2014
3.09
3.1%
Michael Bennett is a Managing Director of Lazard Asset Management and a Portfolio Manager/Analyst on various international equity teams. He also coordinates the activities of Lazard Asset Management's Investment Council. Michael began working in the investment field in 1986. Prior to joining Lazard in 1992, Michael was with G.E. Investment Corporation, Keith Lippert Associates and became a CPA while at Arthur Andersen. He has an MBA from University of Chicago and a BS in Accounting from New York University.
Michael Powers
Start Date
Tenure
Tenure Rank
Oct 28, 2014
3.09
3.1%
Michael S. Powers is a Managing Director of Lazard and a Portfolio Manager/Analyst on various international equity teams. He began working in the investment field in 1990 when he joined Lazard and has co-managed Lazard's portion of the Fund since May 2003.
Menno Vermeulen
Start Date
Tenure
Tenure Rank
Apr 30, 2005
12.59
12.6%
Menno Vermeulen, CFA, is a Partner, Portfolio Manager and Senior Quantitative Analyst of LSV. Mr. Vermeulen has more than 21 years of investment experience. At LSV, Mr. Vermeulen has developed and written the software for our quantitative models and portfolio management system. He leads our quantitative and implementation team, which is responsible for the day-to-day data management, portfolio implementation and ongoing enhancement of our models and systems. Mr. Vermeulen is also involved in the research process at LSV. Prior to joining LSV, he worked at ABP, the largest pension plan in Europe and one of the largest in the world. At ABP, Mr. Vermeulen was responsible for the development and implementation of quantitative active investment strategies. In this capacity, he built the database and conducted research that led to a quantitative tactical country allocation model. Mr. Vermeulen developed and wrote the PC-based software to implement, update and maintain this model. He was also the Portfolio Manager and responsible for implementing this strategy with futures. Mr. Vermeulen holds a masters degree in Econometrics from Erasmus University at Rotterdam.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.0 | 27.52 | 7.14 | 5.08 |