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Trending ETFs

Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.22

$70.9 M

2.86%

$0.40

0.78%

Vitals

YTD Return

5.7%

1 yr return

16.9%

3 Yr Avg Return

3.6%

5 Yr Avg Return

7.0%

Net Assets

$70.9 M

Holdings in Top 10

16.7%

52 WEEK LOW AND HIGH

$14.1
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.78%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 23.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$14.22

$70.9 M

2.86%

$0.40

0.78%

PQDMX - Profile

Distributions

  • YTD Total Return 5.7%
  • 3 Yr Annualized Total Return 3.6%
  • 5 Yr Annualized Total Return 7.0%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.16%
DIVIDENDS
  • Dividend Yield 2.9%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    PGIM Quant Solutions International Developed Markets Index Fund
  • Fund Family Name
    PRUDENTIAL
  • Inception Date
    Nov 17, 2016
  • Shares Outstanding
    N/A
  • Share Class
    R6
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Edward Louie

Fund Description

The Fund intends, under normal circumstances, to invest over 80% of its investable assets in securities included in the MSCI EAFE Index (the “Index”) in approximately the same proportions as those of the Index. MSCI Inc. (“MSCI”) selects countries for the Index. MSCI’s market classification framework includes three criteria: economic development, size and liquidity as well as market accessibility. The Index is free-float adjusted and market-capitalization weighted. The Index is an equity index designed to represent the performance of large and mid-cap securities across 21 developed markets, including countries in Europe, Australasia and the Far East, excluding the United States and Canada.The Indexcovers approximately 85%of the free float-adjusted market capitalization in each of the 21 countries. A company's free float-adjusted market capitalization is calculated by multiplying the number of shares readily available in the market by the price of such shares. As of October 31, 2023, the countries in the Index include Australia, Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, the Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland and the United Kingdom. As of October 31, 2023, the companies included in the Index had market capitalizations ranging from $169 million to $313billion. The Fund is not sponsored by or affiliated with MSCI.The principal type of equity and equity-related securities in which the Fund invests is common stock. In addition to common stock, the Fund may invest in a combination of cash-equivalent instruments and stock index futures, with the amount committed at any time as initial margin on open futures positions not to exceed 5% of the Fund’s total assets, and in exchange-traded funds (“ETFs”) up to a maximum of 5% of the total assets of the Fund at time of purchase.Replication and Sampling Methods. The Fund seeks to replicate the Index to the extent possible, taking into account asset levels, capital flows and trade size, by investing substantially all of its assets in the stocks that make up the Index, holding each stock in approximately the same proportion as its weighting in the Index. Where it may not be possible or practicable to purchase all of the securities of the Index, the subadviser may use a sampling strategy based on market capitalization and industry weightings. The subadviser may also use stock index futures and/or ETFs to achieve the Fund’s investment objective. The relative portfolio holdings of the Fund at any time may not be precisely identical to the proportions of holdings of the Index.Although the Fund invests over 80% of its investable assets in securities that comprise the Index, the Fund may at times hold securities that are either to be added to or have been removed from the Index. When a security is removed from the Index, the Fund will sell it within a reasonable time. In addition, the Fund's holdings may change for other reasons, such as when the Fund receives securities of companies spun off from companies included in the Index.The subadviser tries to minimize the difference between the investment results of the Fund and those of the Index. Tracking of the Index is monitored regularly. In addition to potential tracking differences, brokerage, transaction costs and other Fund expenses will cause the Fund's return to be lower than the return of the Index.Although index funds, by their nature, tend to be tax-efficient vehicles, the Fund is managed without regard to tax consequences.As an index fund, the Fund is not actively managed by portfolio managers who buy and sell securities based on research and analysis.
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PQDMX - Performance

Return Ranking - Trailing

Period PQDMX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -1.4% 32.0% 53.23%
1 Yr 16.9% 0.7% 28.0% 38.14%
3 Yr 3.6%* -13.5% 48.7% 37.10%
5 Yr 7.0%* -33.8% 76.8% 47.20%
10 Yr N/A* -0.1% 16.8% N/A

* Annualized

Return Ranking - Calendar

Period PQDMX Return Category Return Low Category Return High Rank in Category (%)
2023 14.2% -7.3% 22.0% 37.02%
2022 -17.3% -43.6% 71.3% 37.48%
2021 5.7% -28.5% 18.9% 40.89%
2020 8.5% -90.1% 992.1% 44.81%
2019 18.0% -2.2% 38.8% 64.89%

Total Return Ranking - Trailing

Period PQDMX Return Category Return Low Category Return High Rank in Category (%)
YTD 5.7% -1.4% 32.0% 53.23%
1 Yr 16.9% 0.7% 28.0% 38.14%
3 Yr 3.6%* -13.5% 48.7% 37.10%
5 Yr 7.0%* -33.8% 76.8% 47.20%
10 Yr N/A* -0.1% 16.8% N/A

* Annualized

Total Return Ranking - Calendar

Period PQDMX Return Category Return Low Category Return High Rank in Category (%)
2023 17.8% 3.2% 41.4% 29.94%
2022 -15.2% -43.6% 144.8% 43.48%
2021 9.3% -22.6% 56.0% 61.41%
2020 10.2% -89.7% 1010.8% 47.64%
2019 21.1% 4.3% 38.8% 69.38%

NAV & Total Return History


PQDMX - Holdings

Concentration Analysis

PQDMX Category Low Category High PQDMX % Rank
Net Assets 70.9 M 1.97 M 366 B 89.26%
Number of Holdings 793 1 10801 5.83%
Net Assets in Top 10 9.56 M 0 36.8 B 91.69%
Weighting of Top 10 16.67% 2.5% 111.6% 78.24%

Top 10 Holdings

  1. iShares MSCI EAFE ETF 2.80%
  2. Novo Nordisk A/S 2.17%
  3. ASML Holding NV 2.03%
  4. Nestle SA 1.77%
  5. (PIPA070) PGIM Core Government Money Market Fund 1.73%
  6. LVMH Moet Hennessy Louis Vuitton SE 1.33%
  7. Novartis AG 1.23%
  8. Toyota Motor Corp 1.23%
  9. AstraZeneca PLC 1.19%
  10. Shell PLC 1.19%

Asset Allocation

Weighting Return Low Return High PQDMX % Rank
Stocks
95.89% 0.00% 122.60% 73.18%
Cash
3.30% -22.43% 100.00% 19.83%
Preferred Stocks
0.42% -0.01% 7.60% 32.07%
Bonds
0.26% -0.68% 71.30% 9.48%
Other
0.13% -2.97% 43.01% 95.48%
Convertible Bonds
0.00% 0.00% 4.18% 37.13%

Stock Sector Breakdown

Weighting Return Low Return High PQDMX % Rank
Financial Services
16.82% 0.00% 47.75% 65.37%
Industrials
15.26% 5.17% 99.49% 41.79%
Healthcare
12.54% 0.00% 21.01% 44.18%
Consumer Cyclical
10.49% 0.00% 36.36% 42.54%
Technology
10.37% 0.00% 36.32% 62.54%
Consumer Defense
9.65% 0.00% 32.29% 45.07%
Basic Materials
8.27% 0.00% 23.86% 45.67%
Communication Services
5.41% 0.00% 21.69% 63.43%
Energy
4.55% 0.00% 16.89% 56.72%
Real Estate
3.33% 0.00% 14.59% 14.03%
Utilities
3.29% 0.00% 13.68% 32.84%

Stock Geographic Breakdown

Weighting Return Low Return High PQDMX % Rank
Non US
92.41% 0.00% 121.07% 41.40%
US
3.48% 0.00% 103.55% 58.45%

Bond Sector Breakdown

Weighting Return Low Return High PQDMX % Rank
Cash & Equivalents
1.73% 0.00% 100.00% 51.31%
Derivative
0.13% -2.97% 43.01% 96.06%
Securitized
0.00% 0.00% 47.51% 35.95%
Corporate
0.00% 0.00% 100.00% 48.64%
Municipal
0.00% 0.00% 0.17% 35.95%
Government
0.00% 0.00% 44.25% 40.94%

Bond Geographic Breakdown

Weighting Return Low Return High PQDMX % Rank
US
0.26% -0.68% 71.30% 6.12%
Non US
0.00% 0.00% 8.34% 38.78%

PQDMX - Expenses

Operational Fees

PQDMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.78% 0.01% 18.22% 70.66%
Management Fee 0.25% 0.00% 1.65% 15.62%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

PQDMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

PQDMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

PQDMX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 2.00% 247.00% 30.49%

PQDMX - Distributions

Dividend Yield Analysis

PQDMX Category Low Category High PQDMX % Rank
Dividend Yield 2.86% 0.00% 24.61% 25.11%

Dividend Distribution Analysis

PQDMX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

PQDMX Category Low Category High PQDMX % Rank
Net Income Ratio 2.16% -0.93% 6.38% 29.55%

Capital Gain Distribution Analysis

PQDMX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

PQDMX - Fund Manager Analysis

Managers

Edward Louie


Start Date

Tenure

Tenure Rank

Nov 17, 2016

5.54

5.5%

Edward Louie is a Portfolio Manager for QMA. Ed manages domestic and international index funds. He is responsible for portfolio management as well as trading equities, currencies and futures for QMA’s index portfolios. Previously, he served as an analyst for QMA’s Index team as well as QMA’s Value Equity team. Ed earned a BA in Economics from Stony Brook University and an MBA in Accounting from Baruch College.

Edward Lithgow


Start Date

Tenure

Tenure Rank

Nov 17, 2016

5.54

5.5%

Edward J. Lithgow is a Portfolio Manager for QMA. He manages domestic and international index funds. In addition, Mr. Lithgow also assists with portfolio management and research for QMA’s US Core Equity portfolios. Previously, he was a quantitative analyst for QMA’s US Core Equity and Index teams with responsibility for optimizing portfolios, monitoring cash flows as well as performance attribution and risk analysis. Mr. Lithgow also traded equities, currencies, and futures for QMA’s index funds. Mr. Lithgow earned a BS in Business Administration from Seton Hall University and an MBA in Finance from St. Joseph’s University.

Stacie Mintz


Start Date

Tenure

Tenure Rank

Feb 12, 2021

1.3

1.3%

Stacie L. Mintz, CFA, is a Managing Director and Portfolio Manager for QMA working within the Quantitative Equity team. In this capacity, she manages US Core, Long Short and Market Neutral strategies, as well as overseeing the team responsible for implementation. Prior to her current role, Stacie was a member of the Global Multi-Asset Solutions team, where she was responsible for several retail and institutional portfolios. In addition, during that time, she was responsible for managing the overall asset allocation for the Prudential Pension Plan. She earned a BA in Economics from Rutgers University, an MBA in Finance from New York University and holds the Chartered Financial Analyst (CFA) designation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.22 3.25